Shipowners experienced a marginal increase in marine insurance costs last year, marking the end of a six-year run of declining premiums, according to Drewry’s Ship Operating Costs Annual Review & Forecast, as asset values recovered and the insuranc…
Hardening marine insurance market to drive up shipowner premiums Read More »
Sophia Bullard, Crew Health Programme Director at UK P&I Club, comments on how to deal bullying and harassment aboard ships: “Over the past decade, we have seen an increased focus on the subject of harassment in the maritime sector. Campaigns to ra…
How to deal with bullying and harassment at sea – UK P&I comments Read More »
While thus far, much of the negative impact on the dry bulk market from the “trade wars” has come from the US-China spat, it seems that another front is causing headaches for dry bulk ship owners. Last week, China cancelled Canadian agribusiness Richar…
Dry Bulk Market: Further Complications from “Trade Wars” Read More »
It is said that the only certain things in life are death and taxes. This is certainly the attitude the shipping industry should take towards the impending IMO2020 sulphur cap. From the myriad reports, conferences, and press releases on this issue, wit…
Wait and see? Don’t risk inaction over IMO2020 fuel price Read More »
China’s domestic demand for chemical shipping has been boosted by the rapid expansion in Chinese base chemical production capacity for products such as paraxylene and stryrene. Some 55% of the new production capacity is located in East China, 23% in No…