The recent rally of the dry bulk has prompted more dry bulk tonnage enquiries, with deals being concluded left, right and center, during the past few weeks. In its latest weekly report, shipbroker Banchero Costa said that there was “a lot of activity i…
Dry Bulk Second Hand Tonnage in High Demand Read More »
The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018….
201 Ships Scrapped During First Half of 2019 Read More »
Further to our Alert of 17 July 2019, the Tokyo and the Paris MoUs issued a joint press release on 27 July 2019 outlining the focus areas for the upcoming concentrated inspection campaign starting on 1 September 2019 and released the questionnaire to b…
Concentrated inspection campaign focusing on emergency systems and procedures Read More »
With Iran’s oil exports under immense pressure, it’s worth taking a look at how Asian countries, like Japan and South Korea are finding ways around the problem and how this is affecting the tanker market. In terms of Japan’s crude oil…
Asian Oil Imports and the Crude Tanker Market Read More »
The Tokyo and Paris MOUs will this year carry out a joint concentrated inspection campaign (CIC) on emergency systems and procedures. The CIC will run from 1 September to 30 November 2019 and, at the time of writing, it has been announced that the Blac…
Port state to focus on readiness of ship and crew in an emergency Read More »