After more than 10 years in regulatory limbo, the IMO Ballast Water Management Convention will finally enter into force during 2017. Might its implementation provide the basis for a dry market recovery. Read more . . .
The combined cost of special surveys along with ballast water treatment system (BWTS) could a significant number of older vessels being sent to the scrapyard according to Maritime Strategies International. Read more . . .
On the 20th September MSI director Dr. Adam Kent delivered his presentation entitled “Pricing a Recovery: What will Drive the Next Stage of the Asset Price Cycle?” to the delegates of Marine Money Week in Singapore. Download the presentation here
Markets for offshore support vessels (OSVs) have been “pole-axed” by the slowdown in oil-and-gas spending but some regions and vessel subsectors are still fundamentally better than others. Read more.(Subscription). . .
The pursuit of competitive efficiency has long been a driver of innovation in shipping — nowhere more so than in the boxship sector, where the mega-containerships over 13,000 teu have emerged as the main strategy to improve economies of scale. Read More (Subscription). . .