For some, division and divisiveness seem to have become a strategic position but, as an industry that brings together people from around the world, shipping has always thrived through collaboration. Inclusivity is invaluable for dealing with challenges…
Inclusion remains at the heart of powering shipping ‘s future Read More »
The ship recycling market was considerably weaker over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India, the local market has dropped substantially this week with no real buy…
Ship Recycling: Weak Demand Across the Board Read More »
When fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of the maritime sector come into effect 14 October, 35% of ships in the combined bulk, crude tanker, product tanker and container fleet could be subj…
Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships Read More »
Heads of 7 shipping associations call for IMO adoption of the Net-Zero Framework (NZF) at the crucial vote in October. Anything else would be a major setback for the green transition and risk leaving the industry with a complicated patchwork of regiona…
Maritime History in the Making: Industry Backs IMO Net-Zero Framework Read More »
Demand for second hand dry bulk carriers was high last week. In its latest weekly report, shipbroker Xclusiv noted that “this week saw heightened activity across most dry segments, led by strong appetite for modern tonnage. On the Newcastlemax front, t…
Second Hand Bulkers in High Demand Read More »