Ship owners from Greece poured 4.6 billion dollars for the acquisition of second hand vessels during 2018, as per VesselsValue data provided exclusively for Hellenic Shipping News Worldwide (www.hellenicshippingnews.com). In total, Greeks bought 305 sh…
Hellas: Ship owners Led the S&P Charts in 2018 with $4.6 billion Read More »
After several successful trials over the last year, Israel’s largest cargo shipping company, Zim, has implemented a blockchain platform for electronic bills of lading. According to Zim, this technology could replace paper bills of lading and further im…
The Shipping Industry Receives a Boost from Blockchain Read More »
P&I insurers normally provide cover in respect of general average (GA) contributions which are not recoverable from cargo or other interests and resulting from the shipowner’s breach of the contract of carriage. The Standard Club provides such cove…
Unrecoverable General Average contributions from cargo interests Read More »
Product tanker owners could potentially see rates improving during the second half of 2019, as a number of new refineries will hit the market. In its latest weekly report, shipbroker Gibson said that “according to a recent IEA report, 2019 is expected …
In 2018 the ClarkSea Index had a very strong Q4, with the average in the final quarter well above that registered across the first three. It’s well known that shipping markets can be seasonal, and studying our ClarkSea Index illustrates that fairly wel…
Clarksons: Shining Some Light On The Seasonal Sequence Read More »