European containerised imports look likely to be stuck with demand growth of no more than 2% for years to come. That means the long-hauls into northern and southern Europe, where Ultra Large Containerships are perfectly suited to reap the benefits of e…
In a recent case, The Amity [2017], charterers successfully set aside an arbitration award on the basis that owners had not effectively served their notice of arbitration upon charterers since the person to whom owners had sent their arbitration notice…
Business-savvy ship owners are having to accept the fact that increase investment is needed in the ships’ S&P market, in order to ride the shorter market cycles in the most effective way. As a result, newbuilding ordering activity is expected…
Investing in the S&P market Ever So Important Read More »
In terms of number of ships, the orderbook to fleet ratio currently stands at 12% in terms of number of vessels and in terms of dwt this figure rises to 13%. If we break this down further to take in to account each individual sector of the dry bulk fle…
Dry Bulk Market: Post-Panamaxes and Handies Have the Highest Orderbook-to-Fleet Ratio Read More »
The IMO has attempted to reduce airborne emissions from ships through Annex VI of the MARPOL Convention, which first came into force in 2005. This includes a global limit for the sulphur content of ship’s fuel oil, as well as more stringent controls wi…
‘FONAR’ systems in view of the 2020 sulphur regulations Read More »