The BIMCO Emission Trading Scheme Allowances Clause has been published with the aim of allowing owners and charterers to allocate responsibility for vessels complying with, inter alia, the EU’s emissions trading scheme (ETS). The application of the EU …
Parsing the BIMCO Emission Trading Scheme Allowances Clause Read More »
Ten trade organisations, representing the owners and forwarders of cargo, port terminal operators and other parts of the supply chain dependent on container shipping, are demanding an immediate start to the review of European Union’s Consortia Block Ex…
The tanker market is expected to keep on growing over the course of the coming years, until we hit the so called peak oil demand, after which it should be a constant state of decline. In its latest weekly report, shipbroker Gibson said that “the curren…
Tankers Still Have a Long Lifeline Ahead of Them Read More »
Capesize A mixed week for the Capesize sector, but it ended on a positive note. The timecharter average of the five routes rose above the $20,000 level and closed at $22,362 on Friday. Activity was largely seen from the Pacific, including coal from Ind…
Dry Bulk Market: Capesizes End Week on a Positive Note Read More »
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and management are fully familiar with the vessel. Familiarisation starts as soon as ship’s staff get onboard and must be completed before sailing. T…
Crew Familiarisation is critical when taking over a vessel Read More »