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The shipping number of the week provides numbers with a brief analysis of relevant developments in the shipping markets.
The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year. A spike in freight rates and product tanker demand is likely behind the surge in contracting.
There is a new version of BIMCO SmartCon and it combines the fast, simple and easy approach from the online version, together with the track changes and comments from Word. The editor is online and you don't need to install anything, the only requirement is that you have the latest version of a modern browser like Google Chrome and Microsoft Edge.
The shipyards become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets
This eBook includes a sample copy of the REPAIRCON-MINREPCON 2018 contract and the related explanatory notes in the latest version.