Cosco Shipping splashes out $1.27bn to order 24 newbuildings
Giant owner contracts four Chinese yards to build grain carriers and newcastlemaxes
Cosco Shipping splashes out $1.27bn to order 24 newbuildings Read More »
‘120 miles an hour for 15 years’: It’s time for Jeremy Nixon to change gears
It has been quite a ride for the departing boss of the world’s sixth largest liner operator
‘120 miles an hour for 15 years’: It’s time for Jeremy Nixon to change gears Read More »
Newbuilding Orders Going Strong
The newbuilding market has retained its strong momentum over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding market remains hot even this week, with tankers and containers again under the spotlight; Hong Kon…
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Sanctions, uncertainty and the shadow fleet
Contradictions muddying the waters of the global sanctions regime on Russian oil are making it increasingly difficult for ship operators, even with the best intentions, to stay on the right side of the law. At a Baltic Exchange presentation that took p…
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BIMCO: Basel OEWG outcome brings ship recycling clarity closer, but more work is needed
We welcome the continued engagement by governments and stakeholders at the latest meeting of the Basel Convention Open-ended Working Group (OEWG), where discussions focused on the complex legal and environmental framework for ship recycling. The meetin…
BIMCO: Basel OEWG outcome brings ship recycling clarity closer, but more work is needed Read More »