Container ships have been dominating newbuilding ordering activity over the past week. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding front, “CMA CGM dominated the week with a $2,59 bln deal. Hyundai group will deli…
Container Ships Are Dominating Newbuilding Orders Read More »
To mark the Lunar new year, we take a look at the Chinese newbuilding orderbook, using VesselsValue data. The infographic highlights the Chinese orderbook by top Chinese ordering companies and insight into the ships currently being built at Chinese yar…
Chinese vessel orderbook tops $123 billion Read More »
On 5 February 2025, the UK Supreme Court will hear the appeal in the MSC Flaminia. In brief, following a fire and explosions on board the Flaminia, the owners incurred various salvage and other expenses which they sought to claim from the time chartere…
A rise in the subdued demolition activity could provide a significant relief to the shipping markets. In its latest weekly report, shipbroker Intermodal said that “building on our previous report, in which we analyzed the projected bulk carrier deliver…
Shipping: More Demolition Activity Could Provide Relief Read More »
A new report from UCL Energy Institute Shipping and Oceans Research Group and UMAS reveals significant risk in some of the options the International Maritime Organization (IMO) is considering, for enabling shipping’s energy transition. The analys…