Long-range Planning Boosts Ship Profitability

The study, ‘Navigating Decarbonisation’, outlines an approach to evaluating risk through a case study of investments in the new build dry-bulk fleet in the...

Shipping Markets Under Severe Pressure

With the ClarkSea Index around $9,000/day, and many if not most of the major shipping markets under severe pressure, it’s hard to escape the...

Freight Rates Rise Sharply on Surging Demand

Spot fares on container ships are trending higher, lifted by robust shipping to the US and a decrease in capacity cause in part by...

Coast Guard Completes Ballast Water Violation Investigation, Initiates Civil Penalty

The Coast Guard, after an investigation of ballast water discharge violations, initiated civil penalty proceedings against the operator, Vega Reederei GmbH & Co. KG,...

Asia Tankers-VLCC Rates to Slide Further as Cargoes Dry up

Asia Tankers-VLCC rates to slide further as cargoes dry up on Asia refinery work Freight rates for very large crude carriers (VLCCs), which fell to...

Vessel Losses: Is Shipping Resuscitating its Record?

Safety at sea has improved significantly in the past twenty years, with losses of large merchant vessels becoming a relatively rare event.  Whilst casualties...

The End of Swiss Federal State Guarantee for Cargo Vessels

The end of the Swiss federal state guarantee for cargo vessels – a trigger for the tonnage tax? The Swiss Federal Council decided to terminate...

The Swedish Club Delivers on a Firm Foundation

At the closure of the renewal season The Swedish Club is pleased to report performance in line with expectations and consistent with its strategy...

[Watch] NASSCO Sea Trials Third SEACOR ECO Tanker

On February 20, NASSCO shipbuilders took the Eco tanker Liberty to sea for the very first time for tests and trials.  Designed for increased...

How to Deal With Motion Sickness

Motion sickness — an inner ear disorder that causes nausea, dizziness and even vomiting — is an unpleasant but common occurrence on car, boat...