The ship recycling market has remained subdued during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “ship recycling markets across South Asia and Türkiye remain largely subdued, wi…
Ship Recycling Market Still Subdued Read More »
“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during this peri…
Bulker deliveries could reach six-year high in 2026 Read More »
Today’s ships can carry a number of different marine fuel types, from High Sulphur Fuel Oils (HSFOs), to Very Low Sulphur Fuel Oils (VLSFOs), Marine Gas Oils (MGOs), Ultra Low Sulphur Fuel Oils (ULSFOs), Biofuels, LNG and Methanol. Each of these fuels …
How Stable is Your Marine Fuel? Read More »
Ships which can be seen as “future-proof” are the most in demand from ship owners looking to place newbuilding orders. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Chinese company Fujian GuoHang Ocean placed an …
Newbuildings: “Green” Ships Are in Demand Read More »
The Documentary Committee of BIMCO, the world’s largest shipping association, has adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fe…
BIMCO adopts standard clause to address USTR actions Read More »