On 19 August 2020, the US State Department announced the “suspension or termination” of various agreements with Hong Kong, including the termination of the bilateral, US-Hong Kong International Shipping Agreement, which relates to the tax t…
The End of the US Shipping Tax Exemption for Hong Kong Read More »
A potential rebound in trade and freight rates is hinging on a successful dealing with the pandemic, which, as of today, is rather elusive. In its latest weekly report, shipbroker Allied Shipbroking said that “reaching the end of the summer period and …
Shipping’s Recovery is Tied to the Pandemic Read More »
The world is waking up to how brittle the hyper-efficient supply chains developed over the past few decades are when faced with a disruption like the Covid-19 pandemic. In the future, says Andrei Voinigescu, General Manager, Business Intelligence at Wä…
Shipping Looks To Technology To Confront A Volatile Future Read More »
The EU Ship Recycling Regulation (EUSRR), adopted in 2013, contains requirements for EU-flagged ships, of 500 GT and above, to carry an inventory of hazardous materials (IHM). In addition, ships calling at EU ports from non-EU countries will also be re…
In The Context Of The EU Ship Recycling Regulation (EUSRR) Read More »
Cash buyers have gradually returned to the demolition market and with few tonnage readily available, prices have picked up. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with many owners and stakeholders in the industry stil…
Demolition Market On The Rise Read More »