It’s no secret that 2019 hasn’t proven to be the landmark year that many had hoped, with regards to the ship recycling activity. With freight rates reeling under the trade wars’ pressure and an increase in tonnage supply, it was regar…
Ship Recycling On A Steadily Declining Path, Spells Bad News For Ship Owners Read More »
The impact of the upcoming IMO 2020 regulations on the shipping and refining industries is well understood. And we know that an increase in freight rates for raw materials such as iron ore and coal will likely translate to higher costs for the steel se…
Beyond bunkers: The surprising impact of IMO 2020 Read More »
Changing weather patterns, rising sea levels and decreasing biodiversity. We are already experiencing the physical impacts of climate change which has become one of the most important issues the world is facing today. As shipping accounts for 2-3% of g…
Maersk: Towards a zero-carbon future Read More »
Shipyards around the world are scrambling for new orders’ intake, as more and more ship owners are refraining from committing large sums of money on newbuilding projects as a result of limited funding and the fluidity of the freight rate market a…
Limited Activity Reigns Over the Newbuilding Market Read More »
We refer Members to our previous publications on the 2008 amendments to Annex VI of the IMO’s International Convention for the Prevention of Pollution from Ships 1973 (as modified by the Protocol of 1978) (MARPOL) and which will come into force on 1 Ja…
The 2020 Global Sulphur Cap Read More »