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Latest From Ship Recycling
The wide-reaching impact of the coronavirus outbreak is now affecting developments in the active containership fleet as yards struggle to complete scrubber installations
Market sentiment in Bangladesh and India remains volatile, but rates on offer are still between $370 per light displacement tonne to $400 per ldt
Mr Hashim added that the current orderbook is, at best, replacement capacity and not additional capacity
Container lines will be hit by mounting costs and falling revenue as sailings are cancelled
Brazil Port State Control is said to be carrying out extra checks as a safety measure as the country continues to heal from the fatal tailings dam disaster in January last year
The received wisdom that age restrictions should be placed on tankers to help generate environmental benefits has been questioned by a dissenting voice at Stena Bulk, whose chief executive argues that the shipping industry could cut its global emissions footprint by increasing the lifespan of vessels
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