It’s the time of year where commentators start churning out forecasts on what freight markets can expect for the coming year. Their prognoses are usually wildly diverse, but like the last chocolates in the box, you can’t resist the guilty pleasure of d…
No let up for commodity concerns Read More »
With most of the shipping community concentrating on the issue of the IMO 2020 rule and the smoothest possible transition, shipbrokers expect a rather underwhelming December, in terms of new ship deals. In its latest weekly report, shipbroker Intermoda…
“Quiet” December Expected for Ship Acquisitions Read More »
The market is expecting that some 3,000 vessels in service will have scrubbers installed by the time the IMO 2020 regulation comes into effect from 1 January 2020. The alternative course will be to operate vessels without scrubbers and consume low-sulp…
Weighing the accounting implications of IMO 2020 Read More »
The Facts and Figures workshop at the 2019 IUMI conference in Toronto began with committee chair Philip Graham updating the audience on the state of the global economy and shipping and offshore markets, as well as the activities and output of the commi…
Ships’ demolition activity has been on the rise over the last couple of weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “We have witnessed several more units entering the market fray this week and as we edge close…
More Green Ship Recycling Under Way, as Ship Owners Are Selling Older Vessels Read More »