News
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The Hong Kong Convention, EU regulation and outstanding legal issues in various states
With the accessions of Bangladesh and Liberia as contract parties, the Hong Kong Convention (“HKC”) will enter into force in…
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Ship Recycling Down 14% So Far This Year
The ship recycling activity has fallen by almost 14% so far this year, according to data from Xclusiv Shipbrokers. This,…
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Hybrid progress increases shipowner options
The maritime sector is experiencing a remarkable shift with the emergence of hybrid ships as one solution to achieving net…
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Dry docking pre-inspection avoids future pain
Pre-docking inspections provide an increasingly powerful means of ensuring a successful dry-docking, according to MacGregor Sometimes costly, periodically mandatory and…
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Value Group welcomes Shell Ventures as investor to accelerate marine decarbonization
Sustainability pioneer, Value Group (Value Maritime and Value Carbon) is pleased to announce that Shell Ventures has joined Value Group’s…
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Dry Bulk Market: Asia’s Coal Imports Offering Support
The dry bulk market is benefiting from the increase of seaborne coal trade in Asia, with China increasing its imports…
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Tankers at the Top and Offshore on the Up
Competition continues to decrease financing margins for shipowners Banks and Debt Funds are cooling their appetites on Dry and Tanker…
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Xeneta: Long-term ocean freight rates plunge by more than 60% in year of decline, but changing fortunes appear imminent
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According…
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First-of-a-kind ammonia-powered gas carriers could be commercially viable from 2026, new study finds
A new analysis from the Global Maritime Forum has found that the cost gap between operating ships on zero-emission ammonia…
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High Newbuilding Prices Not a Deterrent Factor for Shipowners
High prices and low rates haven’t been able to deter owners from booking more newbuilding orders. In its latest weekly…
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