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 »
The newbuilding market has picked up over the course of the past week, as ship owners accelerated their ordering activity. In its latest weekly report, shipbroker Allied Shipbroking said that it was “an active week in the newbuilding market, with owner…
Newbuilding Activity Picks Up, As Market Prepares for Holidays Read More »
With less than a week until Christmas and most of our presents bought, we’re feeling the pinch. However, that’s nothing compared to the amount that some have been spending this year! VesselsValue’s Senior Analyst Court Smith gives a r…
Shipping’s Biggest spenders of 2018 Read More »
This past week sees the conclusion of the 2018 United Nations Climate Change Conference (COP24) in the Polish city of Katowice — a meeting held over a number of days that aims to finalise the practical implementation of the 2015 Paris Agreement. Given …
Cutting shipping’s carbon Read More »