The lack of vintage tonnage appears to be the main trend in the ship recycling market these days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we have now entered the month of August, the holiday season is now in full sw…
Lack of Activity in the Ship Recycling Market Read More »
While some shipyards struggled to stay afloat during the initial outbreak of COVID-19, the post-pandemic environment is predicted to usher in an encouraging era for shipyards’ orderbooks. In 2020, orders for containerships fell to their lowest number i…
A surge in shipbuilding Read More »
LNG is the best fuel option for owners considering how to extend vessel life and secure CII compliance through retrofit, according to SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG fuel pathway for shippi…
LNG retrofits will rate higher under CII than HFO/scrubber or Vlsfo alternatives Read More »
The tanker market is facing significant crossroads in the weeks and months to come. In its latest weekly report, shipbroker Allied said that “the crude oil tanker market has managed to make successive gains these past few months, with a fair improvemen…
Tanker Market In Crossroads Read More »
Every year, as much as 90% of worldwide trade passes through the maritime transport system. This means that the movement and safe delivery of almost all of our vital foods, medicines, and technologies relies on the dedication of a vast, diverse, and gr…
Navigating the perils of seafarer salary payments – how fintech is finally catching up Read More »