As the third reporting year of the EU Regulation on the monitoring, reporting and verification of carbon dioxide emissions from maritime transport (EU MRV Regulation) and the second year of the similar IMO Data Collection System (DCS) on fuel consumpti…
Digital MRV and DCS reporting streamlines the verification process Read More »
A first draft of the BIMCO Force Majeure Clause will be presented for review at the BIMCO Documentary Committee meeting 25-26 January 2021. BIMCO’s new Force Majeure Clause is advancing and will provide a high threshold for invoking it in order to avoi…
New BIMCO Force Majeure Clause Ready For Review Read More »
The North P&I Club has been growing in tandem with the Greek-owned fleet, thus establishing itself as one of the leading Clubs among the shipping community. The Club has recently expanded its activities in the Greek market even further, bringing fo…
North P&I Club is Building Towards the Next 20 Years in the Greek Market Read More »
Shipping has been thrust into the spotlight as the world grapples with decarbonisation. In the past, the sector has operated with minimal visibility to the worldwide population, all while transporting around 90% of its goods. However, its low-profile e…
Why the internal combustion engine is essential in shipping’s decarbonisation mission Read More »
Capesize The Capesize market broke lower this week down to $10,295 on the 5TC taking it out of its recent range. After a positive end to the week the 5TC now resides at $11,889. Owners’ focus looked to be dwelling on the reliable Pacific cargo flow as …
Dry Bulk Market: Capesizes End the Week on a Positive Note Read More »