It is a pleasure for me to welcome you to the third session of the Intersessional Working Group on reduction of greenhouse gas emissions from ships. I know that you have a heavy workload this week and I am sure that you all wish to start working togeth…
It seems that ship owners will keep pumping more cash on newbuilding orders this year, at a heightened pace over 2017. In its latest weekly report, shipbroker Allied Shipbroking said that “with the Easter Holidays taking out many players out of action …
Newbuilding Orders To Pick Up Pace During Remainder of 2018 Read More »
Ship owners are actively looking to offload their older tankers, but with freight rates still below par, decisions have to be made soon and these aren’t helped by the general market sentiment, local conditions and the Easter Holidays. In its late…
Tanker Demolitions at the Forefront, Although Activity Could Soon Subside Read More »
In the oil tanker market, 2016 and most of 2017 were characterised by deliveries far outpacing scrapping, with an average of 12.5 dwt of oil tanker tonnage delivered in 2016 and 1H 2017 for every one dwt of tonnage demolished. However, this trend began…
Weighing In On Oil Tanker Recycling And Deliveries Read More »
International shipping is bound for significant changes in the way it operates in the coming years. With the upcoming IMO MEPC, there’s a flurry of activity going on. Hereby, Hellenic Shipping News offers you the key studies IMarEST has submitted…