The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry especially for trades involving the Black Sea, Sea of Azov (Northeast of Crimean Peninsula), Marmara Sea, Aegean Sea …
Liabilities arising under the Turkish Straits clauses Read More »
Shipowners have picked up their investment plans, as both newbuilding orders and acquisitions of second hand tonnage have been strong lately. In its latest weekly report, shipbroker Intermodal noted that “strong contracting activity resumed in the past…
Newbuilding Activity and S&P Sales In Full Swing Read More »
There are many legal issues that operators should be aware of when deciding to supply bunkers in Argentina, not to mention operational issues regarding: – the lack of barges available; – delays due to weather; and – congestion during …
Bunker supply and VAT Read More »
INTERCARGO’s Bulk Carrier Casualty Report 2018 provides an analysis of reported bulk carrier losses during the period from 2009 to 2018, when 188 lives were lost and 48 bulk carriers over 10,000 dwt were identified as total losses. Although there has b…
INTERCARGO: 48 Bulkers and 188 Lives Lost During 2009-2018 Period Read More »
More and more Capesize dry bulkers, but also container ships are being sold for scrap, with ship owners looking to help alleviate each market’s fundamentals. In its latest weekly report, Clarkson Platou Hellas said that “with the upcoming Easter …
Capesizes and Containers Heading for Recycling Read More »