2020 favors larger players
While stringent global SOx regulation is ready for 2020, an analyst predicted that larger shipping companies will enjoy competitive edge from the regulations. IMO is planning to implement 0.5% sulphur cap by 2020, which is currently 3.5%. It w...
Still foggy 2020 fuel availability
While IMO fixed 2020 as the year of global sulphur cap, owners seem to be worried out the availability of low sulphur fuel. Refiners are guaranteeing there will be enough supply, however, part of the market is expressing concern over shortage. ...
Singapore to lead maritime digitalization
The Maritime and Port Authority of Singapore (MPA) has recently announced that it is increasing the application of e-certificate on Singaporean-registered ships and developing ship inspection standards with the use of drone. Andrew Tan, Chief ...
"Boxships too have limits"
While global major shipping giants recently have pursued ULCSs around 22,000teu, some experts predicted that the mega-ship trend will see its limit soon. In the ‘2nd Global shipping Think Tank Alliance Meeting’ recently held at Seoul, a gr...
"Supply/Demand balance emerges in 2021"
Finally global shipping market will see the supply/demand balance in 2021, Clarksons’ Martin Stopford said. In the opening Q&A session in Maritime CEO Forum at Hong Kong, non-executive president of Clarksons Research, Dr. Stopford said i...
Business agreement signed for mutual growth
Korea Shipowners’ Association (KSA), with The Korea Shipowners' Mutual Protection and Indemnity Association (KP&I) and Korean Register of Shipping (KR), signed “Business agreement for mutual growth in shipping-related industry” on Novem...
June Manoharan wins Woman in Shipping Award
The fourth annual Maritime Standard Awards, held on Monday 23rd October 2017, saw LUKOIL Marine Lubricants’ Director June Manoharan win ‘The Maritime Standard Woman in Shipping Award’, celebrating and rewarding her amazing journey of succes...
"Shipping Must Be Economically Sustainable"
Addressing government trade negotiators in the OECD Working Party on Shipbuilding, at a workshop on 'green growth' in Paris today, the International Chamber of Shipping (ICS) asserted that the shipping industry could only be environmentally susta...
"Standardisation can help enable the digital transformation"
Classification society DNV GL announced on November 17 that it has released a new position paper setting out the importance of standardisation in enabling the growth of digital applications in the maritime industry. Drawing from the experiences g...
Hapag-Lloyd, "no more newbuildings"
German operator Hapag-Lloyd announced that it would pursue no more new orders in coming few years. The company explained the decision through its Q3 result announcement, saying it had already built a large fleet through a merger in May with Un...
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