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IMO Committee finalises guide for equipment used in Polar waters

04 February 2019

A sub-committee under the International Maritime Organization (IMO) has finished work on a standard that can guide manufacturers of equipment that will be used in extremely cold weather, offering reassurance to shipowners operating in Polar waters that the equipment will work under the harsh conditions.

Newbuilding report dated 29 January 2019

30 January 2019

Recently reported newbuilding activity has been below the weekly average levels seen in the past months, while it is notable that orders of more conventional vessel types like tankers or bulkers are missing from the list below. Both sectors have seen appetite for newbuildings remaining unaffected by developments in the respective freight markets during the past months, with upcoming regulations being a good enough reason for owners with access to finance to place an order.  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.