With the summer holidays nearing their end, newbuilding activity has been picking up pace. In its latest weekly report, shipbroker Best Oasis said that “in the container sector, Canadian company Seaspan Corp. placed an order of 6 x 9,000 teu carriers t…
Newbuilding Ordering Activity Picks Up Pace Read More »
The dry bulk market continues to enjoy the fair summer weather, despite some softening of vessel benchmarks from late July peaks. As of mid-August, gearless Baltic benchmarks have retreated, while geared segments remain supported at elevated levels, a …
Enjoy the dry bulk market’s Indian summer while it lasts, says MSI Read More »
Shipping companies focused on fuel efficiency and emissions reduction may be overlooking a hidden source of cost when operating in rough seas that ClassNK researchers say can quietly erode performance, waste fuel, and damage engine components. A new te…
ClassNK closes the ‘speed gap’ fuel cost of heavy weather Read More »
In a period when global shipping is looking to undetake its most ambitious fleet renewal programme ever, as a result of the sector’s decarbonization process, shipbuilding is experiencing a major overhaul, as a result of US policies. In a recent weekly …
A Shakeout in the Global Shipbuilding Industry is in Full Motion Read More »
Around 13,000 vessels reported their 2024 data on the EU MRV platform in compliance with the MRV guidelines. The CO2 emitted by these vessels in 2024 must be paid for by surrendering 40% EU Allowances (EUAs) for each tonne of CO2. The first due date fo…
First EU ETS shipping payment due 30 September Read More »