Reports have started to emerge, that demand is coming back in the ships’ recycling markets, which could alert more ship owners towards offloading their older units. According to shipbroker Clarkson Platou Hellas’ latest weekly report, “it w…
Ships’ Scrapping Activity Picks Up As More Ships Were Sold for Demolition Read More »
Every second, value is exchanged up and down the supply chain, be this goods, services, money or data. Each exchange is a transaction, which must be fast, precise and easily agreed upon by those participating. Blockchain technology, also known as “dist…
Blockchains: the next supply chain revolution? Read More »
Ship owners seem to be more inclined to invest in secondhand tonnage, rather than committing to long-term investments, i.e. newbuilding orders, as regulatory and market uncertainty is clouding the industry’s prospects. This seems to be a trend wh…
Ship owners Still Favor S&P Market Over Newbuilding Orders Read More »
The 0.50 percent limit for sulphur content in ships’ fuel oil will take effect on 1 January 2020 and will have a significant beneficial impact on human health and the environment. The Sub-Committee on Pollution Prevention and Response (PPR 6) agreed dr…
IMO: Consistent implementation of 2020 sulphur limit – draft guidelines finalized Read More »
Things are heating up in the crude tanker market with VLCCs reaping the benefits so far. In its latest weekly report, shipbroker Charles R. Weber said that “last week’s influx of USG inquiry buoyed rates across the globe on the VLCC sector, as eastboun…
VLCC Owners Holding Out For Further Rate Increases Read More »