United Kingdom, England - Wales, Kings Lynn - Slop Reception
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MEPC 81 - developments of significance
Get insights into the diverse topics addressed during the 81th session of IMO's Marine Environment Protection Committee (MEPC 80). Article 2 about developments of significance.
Supply
The dry bulk fleet is estimated to grow by 2.7% in 2024 and 1.9% in 2025. However, lower sailing speeds could cause supply to only grow by 1-2% in both 2024 and 2025. The dry bulk orderbook stands at 86.8 million deadweight tonnes (DWT), up 4.1% y/y, equal to 8.7% of the current fleet. This has be... Please follow the link to continue reading.
Demolition report dated 22 November 2019
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Demolition report dated 3 August 2018
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Hazardous Materials Inventory Clause 2006
BIMCO Hazardous Materials Inventory Clause 2006 In accordance with the IMO Guidelines on Ship Recycling, Resolution A.962 (23), with amendments in force as of the date of this Contract, the Builder shall: (a) Endeavour to take due account of the Vessel’s ultimate disposal when designing and constru... Please follow the link to continue reading.
Supply
We have made a minor change to our fleet forecast, as ship recycling has got off to a slower than expected start in 2023. This has changed our fleet growth forecast to 7.3% and 8.0% for 2023 and 2024 respectively. We expect the fleet to end 2024 with 29.8 million TEU after a total of 4.9 million ... Please follow the link to continue reading.
Demolition report dated 19 November 2021
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Demolition report dated 8 July 2022
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Supply/demand
Though container volume growth has obviously been lower than many had hoped, it is the supply side developments that are the market’s main challenges. Supply is forecasted to grow at an average annual rate of 8.4% between 2023 and 2025. Even at the best of times, ship demand would not see similar ... Please follow the link to continue reading.
