Tonnage has been scarce in the ship recycling market, although a few tankers were still sold for scrap over the past few days. In its latest weekly report, shipbroker Allied noted that it was “a quiet week in the ship recycling market, with the holiday…
Demolition Market Ends Year in Quiet Mode Read More »
The pressure is on. Do you feel it yet? The European Union is targeting climate neutrality by 2050, while China’s deadline is 2060. The US wants greenhouse gas reductions of 50% by 2030, with Japan and Canada close behind (40–45%). The recent Intergove…
The true fuel of the future is collaboration Read More »
This BIMCO COVID 19 weekly report for the week ending 31 December covers the World Health Organization (WHO), the Philippines and the latest from the International Maritime Organization (IMO). Every week, BIMCO summarises measures imposed by government…
BIMCO Covid 19 Weekly Report Dated 30 December 2021 Read More »
The newbuilding market, especially for bulkers and containers has been much more active during 2021. However, the end of the year has seen a decline in activity. In its latest weekly report, shipbroker Allied Shipbroking said that “activity in the newb…
Newbuilding Activity Higher in 2021 Read More »
One of the key lessons learnt during the pandemic and its aftermath, is that there is a need for increased resilience in supply chains. A survey conducted by the Business Continuity Institute showed that of the 526 responders across 64 countries, 34% o…