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Shipping industry takes new step to protect marine environments

04 February 2021

Cleaning a ship’s submerged parts from barnacles and other growths, while the ship is in the water, can transfer invasive species to local marine environments unless it is properly cleaned and the debris is captured. To combat this problem, and to provide clarity and quality assurance to shipowners, ports and government authorities, BIMCO and the International Chamber of Shipping (ICS) have published the first industry standard on in-water cleaning of ships.

Newbuilding report dated 16 June 2020

17 June 2020

Challenging macro-economic fundamentals and a complete change of scenery in both the dry bulk and the tanker market within less than a couple of months, seem to have put a break on appetite for newbuilding orders, with owners having adopted a much more sceptical approach as far as investments on the newbuilding front are concerned. 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.

Dry cargo market report dated 1 May 2020

04 May 2020

Capesize: A tepid week for the big ships, as macro concerns continued to weigh heavily on the index. All of the major voyage routes lost value, with the exception of the C5 West Australia-China route, which traded up a modest $0.21 on the week, on a steady fixing cadence by the majors. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry indices.