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Marine News:

Second hand bulkers still more popular than newbuildings

In its latest weekly report, shipbroker Allied Shipbroking said that it was “a relatively quiet week in the newbuilding market, with the level of reported activity scaling back slightly. Despite the small number of new contracts, things were still relatively interesting. In the dry bulk front, a ramp up in interest from Far Eastern owners ......

IBIA: Barking up the wrong tree?

An epidemic of ships experiencing fuel-related problems with seemingly on-spec fuels this year, starting in the US Gulf, has led to feverish speculation about the root causes with many predicting that this is a precursor for worse to come in 2020. Something is afoot, but facts are hard to pin down and we must be ......

Unblocking blockchain for shipping

Shipping giant Maersk and technology firm IBM’s creation of a blockchain-enabled shipping solution, with over 90 participatory organisations, will in IBM’s words empower multiple trading partners to collaborate by establishing a single shared view of a transaction “without compromising details, privacy or confidentiality”. TradeLens, as it’s known, offers real-time access to shipping data and shipping ......

Dry Bulkers’ Prices Moving on Higher Ground as Market Sentiment Improves

As the dry bulk market sentiment is improving, on the back of positive fundamentals and a significant rise in freight rates, so are asset prices. Shipbroker Intermodal is taking note of the recent trends in sales prices of various dry bulk classes. In its latest weekly report, Intermodal said that “during the end of last ......

The impact of the IMO GHG Strategy on shipping

In this guest blog, Tore Longva from DNV GL Maritime explains all the different ways by which emissions regulation will be an industry game-changer. The key environmental challenge for shipping will be in the short term to comply with the global 0.5% sulphur limit in 2020, and in the longer term to achieve the ambitions ......

Kinks in the supply chain Money, fuel and logistics – and the rising tide of IMO 2020

The global container industry is huge — in excess of $4 trillion worth of goods will be shipped using containers in 2018. Almost everything we use on a daily basis is transported by containers at some point in its life. But at the same time there seems to be a lack of transparency in all-inclusive ......

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