The newbuilding market has remained very elevated over the past week, as owners have kept securing more orders. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this week, with a total…
Newbuilding Orders Piling Up Read More »
Deep-sea shipping is an inherently hazardous enterprise and the many operational risks faced by vessels, cargo, and crew will likely never be eliminated entirely. Nevertheless, data can play a significant role in minimising the frequency and severity o…
Inmarsat Maritime Safety Data Hub to help shipping weather the storm Read More »
Global ocean container shipping spot rates are forecast to fall 30% in 2027, according to the Xeneta Ocean Outlook Report unveiled today by Chief Analyst Peter Sand to more than 800 industry leaders from the world’s largest shippers and logistics servi…
The ship recycling market has remained stable over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market remained relatively quiet during the week, with l…
Ship Recycling Retains Its Stable Prospects Read More »
BIMCO recently adopted its Energy Saving Device Retrofit Addendum in Autumn 2026, giving owners and charterers a contractual framework to agree how the cost, time and fuel savings of a retrofit are shared during a time charter. For wind-assisted propul…
NAPA on why wind-assisted ships need proof of savings, not just a contract Read More »