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IMO’s safety committee approves measures to improve safety on board ships

21 May 2021

The Maritime Safety Committee 103 meeting (MSC 103) of the International Maritime Organization (IMO) was held 5 to 14 May 2021. Several important decisions were made that will affect shipowners directly. These include upcoming changes to fire safety systems on board to help prevent fires, as well as changes to the search and rescue manuals on board ships.

Sale & purchase report dated 18 May 2021

19 May 2021

Secondhand activity significantly firmed last week, with a plethora of dry bulk and tanker deals materializing while a good volume of boxships have also changed hands. 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.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 14 May 2021

17 May 2021

This week, despite the rapidly escalating Covid-19 crisis across much of Asia, steel plate prices continue their upward trajectory once again for the second running week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Sale & purchase report dated 11 May 2021

12 May 2021

Despite the overall negative performance in the tanker freight market, SnP activity for the respective sector remains healthy. 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.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 7 May 2021

11 May 2021

Despite the escalating Covid-19 crisis unfolding across the sub-continent, markets still remain firm as we head into Eid holidays next week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.