2018 marked international maritime charity, Sailors’ Society, 200th birthday. Founded in London in 1818 to minister to the needs of destitute seafarers who had returned home from the Napoleonic Wars. It is due to the generosity of organisations like th…
Making it possible Read More »
China will ban imports of waste foreign vessels to protect the environment, China Daily reported on Dec 24. The country’s ship-breaking yards, which have been tearing apart the world’s retired vessels from both civil and military sectors, a…
China to ban imports of waste foreign vessels for ship recycling Read More »
Capesize Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route collapsed with business concluded at under $6.00 having touched $9.00 just a week before. Some owners were …
Dry Bulk Market: Capesize Market on Backfoot as 2018’s End Draws Near Read More »
A sharp decline in prices as well as mounting pressure of oversupply has forced OPEC and its allies to cut production. However, crude tanker demand is unlikely to be affected, as a notional loss in the volume of crude oil trade owing to the production …
Production cut by OPEC and allies unlikely to hurt crude tankers Read More »
BIMCO and MAN Energy Solutions hosted a conference for software suppliers delivering Computerised Maintenance Management Systems (CMMS) to expand the use of Shipdex. Shipdex is the standard protocol for exchanging technical data – such as manuals…
BIMCO: Newbuilding Contracts Should Require Use Of Shipdex Read More »