Building containerships that can use today’s fuel and future fuels requires complex choices. Early planning can help reduce total lifetime cost

Regional Container Lines vessel previously seized by Indonesia for alleged palm oil smuggling has been sold for scrap

DP World chief operating officer Tiemen Meester is optimistic that vertical logistics integration, greater efficiency and better relationships with clients are here to stay, but the market is not going to return to pre-Covid ‘normal’

New entrants seeking to capitalise on the lucrative container shipping boom of the past couple of years are beginning to cut back on service offerings in response to the lacklustre spot market

Speculation that boxship charters will be renegotiated following recent declines in freight rates are unfounded and will be limited to minor players only

Conditions for containership owners are likely to deteriorate amid a downturn in the sector. Seaspan could better face the market under private ownership

Dry bulk players agree that the system of Carbon Intensity Indicator standards is not perfect. There will be gaps in the way these standards are applied that mean lower-rated ships will not penalised, simply because of the nature of certain trade flows

‘Since we are a low debt company, we do not feel the pressure to tie the vessels to long-term charters,’ says chief operating officer

China’s return to infrastructure spending and stimulus packages to spur economic growth bodes well for shipping. However, a perceived long-term deceleration is worrying, a Marine Money forum hears

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

Shipping must push its green fuel demand curve forward. The IMO and its green shipping rules play a decisive role in making that possible, says Trafigura’s Rasmus Bach Nielsen

Executives at tanker companies told a Marine Money forum that they were keeping a close eye on macro-economic conditions, highlighting high inflation and rising prospects of a recession

‘Since we are a low debt company, we do not feel the pressure to tie the vessels to long-term charters,’ says chief operating officer

Concern about Russian tanker traffic heightened as a five nautical-mile area in the Baltic Sea closes to navigation after suspicious leaks at two natural gas pipelines

China’s return to infrastructure spending and stimulus packages to spur economic growth bodes well for shipping. However, a perceived long-term deceleration is worrying, a Marine Money forum hears

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

In deciding who to lend to, banks look at companies’ track records and environmental, social and corporate governance strategy

‘We will probably downgrade the ratings of the company and step away from financing’ it, if it is engaged in unsustainable practices, says head of maritime at a leading bank

Attica sees results ‘normalising’ to pre-lockdown levels, despite losses in the first half of the year 

Conditions for containership owners are likely to deteriorate amid a downturn in the sector. Seaspan could better face the market under private ownership

Braemar is in the process of closing a transaction with a loan-to-asset value of 100% of the vessel-purchase price

Defaults are not a fixture in the market yet, despite the rising interest rate backdrop

KfW IPEX-Bank joins the coalition of financial institutions and marine insurers as chairs announce more ambitious emission targets and expect more announcements from the industry

Zero-emissions shipping goals for 2030 ‘partially on track’ | Poseidon Principles endorse tougher shipping emission targets | Meeting obligations on ESG is good business

Shipowners must already produce the data needed for the Poseidon Principles of Marine Insurance for IMO purposes. But calculating a vessel’s carbon intensity and portfolio alignment can still be challenging

Being president of the International Union of Marine Insurance gives the holder the ability to release all kinds of messages and statements, says new head of trade association

‘There is no efficient way to fight the fire. You can’t reach the cars, and it’s impossible to pump water to it most of the time,’ expert tells IUMI 

Marine insurers discuss Russian incursion as part of Chicago gathering, with some analysts now predicting defeat for invaders in matter of weeks