- 7 June 2023“Tidal Wave” of Demolition Candidates Expected
A tidal wave of ships sold for scrap, is expected over the coming years, especially, as the green emission rules become more stringent. In its latest weekly report, shipbroker Clarkson Platou Hellas s … - 7 June 2023How to meet EEXI compliancy when essential components or technicians are unavailable
Verification of a ship’s attained EEXI shall take place at the first annual, intermediate or renewal survey – whichever is first, on or after 1 January 2023. DNV has noted that some shipowners face ch … - 7 June 2023Seafarer labour market tightest on record
Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by glo … - 6 June 2023Product Tankers: Jet Fuel Demand to Keep Growing, Albeit at a Slower Pace
Jet fuel is poised to remain the fuel of choice for aviation, despite the fact that its growth demand is bound to diminish over time. In its latest weekly report, shipbroker Gibson said that “over the … - 6 June 2023DNV research points to cyber security investment drive in the energy industry, but more action is needed to plug critical gaps
New research published by DNV reveals that the energy industry is boosting its cyber security spending this year, as heightened geopolitical tensions and the accelerating adoption of digitally connect … - 6 June 2023FBX Index June 2023: Stabilisation with a key risk factor
From the perspective of spot freight rates, the market developments in the key trades from Asia to both Europe and North America were what could be expected purely from seasonal factors during the mon … - 4 June 2023Baseblue: “No Single Fuel Will Meet the Needs of the Whole Commercial Shipping Fleet”
As the debate over the potential shipping decarbonization avenues is heating up, Hellenic Shipping News (www.hellenicshippingnews.com), interviewed Mr. Dave Gregory, Managing Director of North Europe … - 4 June 2023G7 price cap threatens to squeeze tonnage supply in crude tanker market
Brent prices, which surged past the $85 per barrel mark after the voluntary production cut by OPEC+, have dipped below $75 per barrel because of rising concerns over global economic health. Nonetheles … - 4 June 2023Dry Bulk Market: Capesize Market Faced Challenging Market
Capesize The capes have faced a challenging week, marked by holiday disruptions. Despite a slow start to the week, there has been no shortage of cargo in both the Atlantic and Pacific regions. However … - 2 June 2023Product Tanker Market Could See a Boost This Summer
The product tanker market could see a boost over the coming months, as the US inventories need replenishing in a period when demand is expected to grow. In its latest weekly report, shipbroker Intermo … - 2 June 2023Ship finance markets ‘wide open’
Shipping finance markets remain “wide open” in 2023, in sharp contrast to the post-2008 decade, according to a ship-focused financing platform. According to Oceanis, banks today are looking to grow th … - 2 June 2023The cybersecurity implications of IMO 2023
What is IMO 2023? In 2011 the International Maritime Organization (IMO) established rules for new-build vessels to reduce the amount of CO2 generated from shipping called the Energy Efficiency Design … - 1 June 2023Tanker Trade Shift Could Be Structural
The tanker market seems to be going through a structural change in cargo flows, with Russian oil now being, almost exclusively sold to China, India and Southeast Asia, while Europe’s imports have fall … - 1 June 2023Greek Shipping Loans Fell by 1.3% to $51.9 Billion in 2022
Petrofin Research© presents, for the 22nd year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2022. Petrofin wish to thank all partici … - 1 June 2023Crucial updates to the Guidelines on the Application of the ILO Maritime Labour Convention for the industry
The shipping industry is being urged to take notice of the latest amendments to the International Labour Organization (ILO) Maritime Labour Convention (MLC) detailed in a new publication update from t … - 31 May 2023Newbuilding Market Gaining Momentum
Newbuilding orders have kept growing, as owners are looking to book more berths, prior to them becoming unavailable. In its latest weekly report, shipbroker Allied said that it was “an active week in … - 31 May 2023Dry bulk Market: Demand to Grow by up to 2.5% in 2023 BIMCO says
We predict that global dry bulk demand will grow between 1.5% and 2.5% in 2023, and between 1% and 2% in 2024. Average haul is estimated to increase slightly, contributing between 0% and 1% tonne mile … - 31 May 2023DNV puts Recommended Practice on public hearing to drive transparency and accuracy on vessel technical performance
DNV is set to launch a Recommended Practice (RP) offering a new, accurate and transparent method for measuring, evaluating, and verifying the technical performance of ships in service. This RP is a di … - 30 May 2023Low Ship Sales, Trigger Demolition Market Firming
Prices in the ship recycling market have held firm over the past week, as supply has been slow. In its latest weekly report, shipbroker Allied said that “after recent declines, ship recycling prices h … - 30 May 2023IMO Sub-Committee on navigation, communications, search and rescue
The 10th session of the IMO’s Sub-Committee on Navigation, Communications, Search and Rescue (NCSR 10) was held from 10 to 19 May. NCSR 10 approved guidelines on the communication of emergency and saf …
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
You can adjust all of your cookie settings by navigating the tabs on the left hand side.
You can read more about which cookies we are using here.