The IMO 2020 clock is ticking - as 1 January 2020 looms closer, now little more than one year away, interest in scrubbers seems to have surged. Most notably, a number of public companies have joined the scrubber fray, leading financial analysts, rather than purely technical types, to look closely at their economics.
Greece is still by some way the largest shipowning country, but the gap is closing as China’s fleet expansion continues at a rapid rate as it overtakes Japan for the number two position.
Common Structural Rules Software, a joint venture company formed by ABS and Lloyd’s Register (LR), has released a software upgrade that simplifies compliance with current and pending IACS Common Structural Rules (CSR).
Indonesia has relented on planned cabotage rules for the international transport of certain key commodities, with local reports citing trade minister Enggartiasto Lukita as saying that his ministry had revoked the relevant regulation.
Project Forward an ambitious scheme to build the world¹s first truly deepsea, LNG-powered ships - has signed a letter of intent (LOI) to build up to 20 such dry bulk vessels at Jiangsu Yangzijiang Shipbuilding.
The Panama Canal has signed a Memorandum of Understanding (MoU) in Cuiaba, Brazil, to promote the east-west-route through the Panama Canal for grain shipments traveling from northern Brazil to the ports on the Pacific coast.
Defying difficult market conditions traffic in the world's busiest shipping lane, the Malacca Straits, continued to grow over the last three years hitting an all time high of 84,456 transits in 2017.
Intercargo has expressed deep concern over the latest piracy attack off Nigeria in which 10 seafarers were kidnapped from a bulk carrier on 14 December.