The ship recycling market is “hungry” for more vintage tonnage, which is rather scarce at present, while the industry’s focus is now shifting towards decarbonization. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “the main t…
Lack of Tonnage Keeps Hampering the Ship Recycling Market Read More »
Today, all stakeholders agree that the decarbonization of shipping is a key priority. We are united in working toward the IMO’s goal for 2050 of reducing overall greenhouse gas emissions from vessels by 50 percent from 2008 levels. However, while discu…
First-of-its-kind Study Finds JIT Dramatically Cuts Emissions Read More »
The master and his crew Statsraad Lehmkuhl is a 108-year-old tall ship (Barque) registered under the Norwegian Flag and has been an icon in her home port of Bergen since 1923. While the vessel is old, it is fitted with state-of-the-art technology for n…
Statsraad Lehmkuhl – the wind and the sails Read More »
The newbuilding market has picked up pace over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the Newbuilding market moved on a more quiet tone during the past week, with the flow of fresh projects coming to light …
Newbuilding Activity Picks Up Read More »
Following a period of historically high freight rates, the Container sector is now experiencing a correction. The Container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somew…
What’s Happening in the Container Market? Read More »