Now that we have passed 1st January 2020, the much anticipated global sulphur cap is finally a reality. The importance of this clean air initiative for global health is widely agreed and should not be under emphasised. Likewise, the critical role that …
LNG-Fuelled Ships on Order Rise By 50% in 12 Months Says SEA\LNG Read More »
A survey has found that shipping sees a vast potential reduction in fuel consumption. Responding to a survey by NAPA and BLUE Insight, owners, managers, operators and charterers felt that on average, it was possible to reduce 28% of their fuel consumpt…
Survey: Owners and charterers believe that voyage efficiency savings of 28% are possible Read More »
With the freight rate market in dire straits, ship owners have turned their attentions on finding investment opportunities in the S&P market. In its latest weekly report, shipbroker Allied Shipbroking said that “the current distressed conditions no…
Newbuilding Market on “Freeze Mode”, But S&P Transactions Higher Read More »
The maritime industry brings solutions through regulation and not innovation. The industry is traditional and reluctant to embrace change. It is, however, more complex than that. Regulation is an obvious hurdle caused by the cross-border aspect of the …
Top 10 Maritime Startups to Watch in 2020 Read More »
On 5th February 2020, The Bahamas continued its long-held tradition of making its annual assessment payment to the International Maritime Organisation (IMO) in full and in advance of the payment the deadline. The contribution for 2020 was followed up b…