June alone saw as many container ship demolitions as the first five months of 2020 combined, doubling year-to-date volumes. In June, 20 ships with a 48,915 TEU of container shipping capacity were sold for breaking in the three main sites of India, Paki…
June container ship demolitions increase year-to-date volumes by 100% Read More »
The EU Ship Recycling Regulation (the “EU Regulation”) was adopted in 2013 and is in essence an early implementation in the EU of the Hong Kong Convention for the safe and environmentally sound recycling of ships (adopted in 2009); both of which aim to…
The EU Ship Recycling Regulation: Completing your IHM during COVID-1930 June 2020 (3o) Read More »
The ship recycling market seems set for a rebound of activity, as more and more economies reopen after lockdown measures. However, things are still pretty tentative. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the sta…
Reopening of Economies Triggers More Demolition Activity But Only Just Read More »
Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016. Data from VesselsValue highlight that in the first five …
Oil product tanker S&P activity down 45% as new reality unfolds Read More »
European forwarders’ association joins industry initiative on a fair, neutral bunker adjustment factor indexing mechanism for shippers, forwarders and shipping lines. CLECAT, which represents the interests of more than 19,000 companies in logistics, fr…
CLECAT joins Drewry-ESC transparent tool for bunker charges Read More »