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The planned release of a new spreadsheet format for data submissions scheduled for launch in the second half of 2021 heralds an increased focus on account management for users of the BIMCO Shipping-KPI.
After a series of catastrophic fire incidents, the latest being the fire accident on board the Panama registered car carrier Freemantle Highway, it is only expected that countries will take a more detailed look at the fire safety of ships. This CIC will do just that with a sharp focus on fire safety systems and safe on-board procedures and practices.
Prices across the Indian sub-continent ship recycling markets continue their impressive upward trajectory this week, as end Buyers press on for any available tonnage, at levels well above USD 600/LT LDT, especially in the case of Bangladesh and a now firming Pakistani market. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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