Shipping Retaliates To Investor by Forming ‘Zero Coalition’ To Reach 2030 Target
Leading ports, banks, oil and shipping companies launched an initiative which aims to have ships and marine fuels with zero carbon emissions on the high seas by 2030, in another step by the maritime...
DNV GL Focuses on Flexibility in Its 2050 Decarbonization Forecast
DNV GL – Maritime has forecasted the future of shipping industry and advised on being flexible to have a better outcome in its newly released the third edition of the Maritime Forecast to 2050...
Shipping Environmental Efforts All ‘Set to Go’
The maritime industry is moving full steam ahead toward overhauling how ships get their power despite dissent from some vessel owners over the impact to their operations and concerns from shipping customers over how...
CMA CGM’s Tightening Liquidity Signals Rising Default Risk
Something doesn’t look right in CMA CGM’s short-term liquidity profile, given the massive widening in negative working capital since the latest IFRS accounting changes were implemented. That was the key takeaway when the French...
2019 World Maritime Day Theme – Women Empowerment
In a recent development, IMO announced that this year's World Maritime Day theme is “Empowering Women in the Maritime Community” as the community celebrates the iconic day all over the world on September 26...
[Answer] Why Scrubber Corrosion Occurs & How To Prevent It?
As the 2020 sulphur regulations is nearing, the scrubbers have become the most vital choice of shipowners. Yet, many aren’t aware of scrubber corrosion issues and how to deal with it. So, here’s a...
MPC Joins Trident Alliance in Preparations of Their Scrubber Charters
In a major development, MPC Container Ships ASA (the "Company") has announced that they are enrolling in the Trident Alliance, a coalition of shipping owners and operators who share a common interest in effective,...
The New ConTex – Container Ship Time Charter Assessment Index Week 38, 2019
The ConTex (Container Ship Time Charter Assessment Index) has been published by the Hamburg Shipbrokers’ Association (VHSS) since October 2007. In May 2010 the Index has been expanded and renamed to New ConTex.
The New...
Drewry VLCC Scrubber Cost Insights
The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. In this article Drewry Maritime Research explores whether they should opt for scrubbers or...
British Prime Minister Broke the Law?
Boris Johnson's decision to suspend Parliament was unlawful, the Supreme Court has ruled, reports CNN.
Disagree but Respect
Mr Johnson suspended - or prorogued - Parliament for five weeks earlier this month, but judges said it...