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MEPC reaffirms that early movers of ballast water systems are not penalised

07 July 2017

MEPC 71 progressed in ensuring smoother implementation of the ballast water convention. One of the achievements was reaffirming the agreement regarding the provisions for non-penalisation of early movers that have installed ballast water management systems according to G8 guidelines.

Newbuilding report dated 21 January 2020

27 January 2020

Healthy tanker contracting activity resumed as evidence of the restored confidence among owners following the high levels the spot market has been enjoying since last October together with the implementation of lower emissions rules that constitute investing in modern designs a critical strategy. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.

Sale & purchase report dated 3 July 2018

04 July 2018

The slowdown in dry bulk activity might be temporary given the recent announcement from the Ministry of Transport in China that as of September all vessels imported in the country should satisfy at least Tier II emission standards, which gives window of just two months to local buyers wishing to invest in vessels not satisfying the criteria. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.