Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by 2026, with important implications for b…
Officer shortfall to reach decade high by 2026 Read More »
Europe remains well supplied with bunker fuels, and while there are some delays in Algeciras and Gibraltar from the start of the week, bunker congestion is expected to ease in these ports shortly. Northern European and Mediterranean bunkering ports hav…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the current market sentimen…
Ship Recycling: Are High Prices Off the Table? Read More »
Demand drivers and freight rates The first four months of 2021 have been record-breaking in volume terms, with demand reaching 1.69 billion tonnes – the highest-ever start to a year. Volumes are up 6.1% compared with the same period in 2020, and only s…
Dry Bulk Shipping: Record-Breaking Start To Year Drives Earnings To Decade Highs Read More »
Traditionally, maritime risks have been relatively predictable such as human error, mechanical failures and natural disasters. The continual growth of international trade and the introduction of new technologies mean that shipping industry risks are ev…
Rethinking Shipping’s Risk Management Read More »