The newbuilding and S&P markets remain in flux, as ship owners are pondering how they should react in the COVID-19 pandemic, which is wreaking havoc in the global supply chains. In its latest weekly report, shipbroker Allied Shipbroking said that “…
Ship Owners Scramble to Close New Deals Read More »
These are two primary motivators behind the Northern Lights project, part of the Norwegian initiative to achieve full-scale CCS. The project encompasses the capture of CO2 from cement production and a waste-to-energy plant in the Oslofjord region and t…
Northern Lights show the way to seaborne CCS solutions Read More »
The Republic of the Marshall Islands (RMI), one of the world’s largest maritime registries, with more than 4,700 vessels and nearly 100,000 seafarers serving on RMI-flagged vessels encourages countries to recognize and protect seafarers as key transpor…
In today’s market conditions, it may wise to remove some older tonnage, although there are still many market unknowns. In its latest weekly report, shipbroker Clarkson Platou Hellas said that ‘with each week bringing new port restrictions and regulatio…
Where to Next for Demolition Activity? Read More »
Transport capacity shortages, disruptions to supply chains and inability to plan since late January have been a dangerous combination. But will all 3 major problems last for shippers? Since February, most international shippers have had to fight on 3 m…
The triple shock of Coronavirus in shipping: will it last? Read More »