Shipping
Baltic plans a charterparty tool
(Posted on 02/05/18)The Baltic Exchange has entered into discussions with a group of Dry Panellist Brokers with the aim of jointly developing a charterparty and recap tool for the dry bulk market. The goal is for the Baltic Exchange and Panellists to work together and produce an industry standardised recap manager and charterparty editor.The Baltic...
Smart shipping needs more technology
(Posted on 02/05/18)Smart shipping needs smarter support and Palau International Ship Registry (PISR) thinks the industry has an ideal opportunity to showcase the best that technology can offer the maritime world.Panos Kirnidis, CEO of PISR, believes the next decade in shipping will be dominated by smart technology and increasing concerns about cyber...
Highest level of newbuild deliveries for Singapore owners
(Posted on 02/05/18)Singapore based owners are set to take delivery of the highest number of vessels on record yet by the end of 2018, according to data from VesselsValue. The previous record was in 2008 at the peak of the asset value spike. A large number of market participants have placed orders for a wide variety of ship types, from offshore to...
Baltic Exchange launches Escrow Service for vessel sales
(Posted on 02/05/18)The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange's trusted position in the marketplace when undertaking the sale or purchase of a vessel.Announcing the initiative last week at its Freight...
Governments must acknowledge enormity of historic IMO agreement
(Posted on 26/04/18)Speaking today at Singapore Maritime Week, the Chairman of the International Chamber of Shipping (ICS), Esben Poulsson, said the adoption by the UN International Maritime Organization (IMO) of a comprehensive strategy to phase-out shipping’s greenhouse gases “should be more than sufficient to discourage those who mistakenly...
Technology for green shipping
(Posted on 26/04/18)Classification society DNV GL has issued a new white paper which assesses a range of alternative fuels and technologies. The white paper ‘Alternative fuels and technologies for greener shipping’ examines the price, availability, regulatory challenges and environmental benefits of alternative fuels and technologies, including...
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