Ships’ recycling activity has accelerated over the past couple of weeks, in what appears to be a long-awaited increase in sales of older vessels. In its latest weekly report GMS, the world’s leading cash buyer of ships, said that “activity has ramped u…
Demolition Market Fired Up Read More »
One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globalistation as well as increasing pro…
BIMCO: Shipping’s Supply And Demand Trending Off Balance Read More »
A global regulation that will substantially reduce harmful sulphur oxide (SOx) emissions from ships comes into effect from 1 January 2020, bringing significant benefits for both human health and the environment. From 1 January 2020 the global upper lim…
IMO 2020 – cleaner shipping for cleaner air Read More »
In an unprecedented move, the international shipping community has today announced plans to create the first collaborative shipping R&D fund, intended to eliminate CO2 emissions from international shipping. The proposal includes core funding from s…
Global shipping sector announces $5billion R&D fund to eliminate CO2 emissions Read More »
International Registries, Inc. (IRI) hosted a prestigious panel discussion at the Piraeus Marine Club in Piraeus, Greece on 6 December, with nearly 200 attendees hearing presentations on marine casualty investigations on the sea floor, port State contr…