Introduction The Maritime Labour Convention, 2006 (MLC) entered into force on 20 August 2013. The convention establishes minimum working and living standards for all seafarers working on ships and aims to ensure seafarers’ rights to decent employment c…
The Maritime Labour Convention – theory and practice Read More »
Iran, Venezuela and again Iran are among the typical geopolitical factors which have affected the tanker market over the course of the past few years and the Middle Eastern country is back into play once again. In its latest weekly report, shipbroker A…
Tanker Market and the Scrapped Iran Agreement: What Do Shipbrokers Say? Read More »
For weeks, the main story in the demolition market was about Pakistan. This time around the “tune” of the market is heading further more to the East. In its latest weekly report, shipbroker Clarkson Platou Hellas highlighted this very fact, by noting t…
Demolition Market: After Pakistan, Here Comes China to Shift the Market Again Read More »
Newbuilding ordering activity has shifted towards more specialized vessels according to shipbroker reports this week. Allied Shipbroking said that “it was yet another week with a fair flow of new order deals coming through, though this time around it w…
Specialized Ships On the Shipbuilding “Menu” Read More »
“Time is fast running out” for implementation by IMO Member States of the 0.5% global sulphur in fuel cap by 1 January 2020, says Esben Poulsson, Chairman of the International Chamber of Shipping (ICS). The IMO global sulphur cap for marine fuel is exp…
“Time is Fast Running Out” for Global Sulphur Cap says ICS Chairman Read More »