One out of six ships have postponed during last three months
09 December 2009All the talk and rumours in the industry and in the press about ship orders being cancelled, delayed or postponed is beginning to show in the order book
Showing 101 - 110 of 200
All the talk and rumours in the industry and in the press about ship orders being cancelled, delayed or postponed is beginning to show in the order book
The focus on underwater radiated noise (URN) from shipping has significantly increased over the past few years. As a result, the International Maritime Organization (IMO) has decided to raise awareness of the issue by drawing on lessons learned from the recently updated, non-mandatory IMO Guidelines. These aim to monitor the impact of URN from shipping and assess the efficacy of different mitigation solutions.
In October 2020, the order book for new container ships bottomed out at 8.4% of the combined trading fleet. For ships smaller than 8,000 TEU, the order book bottomed out one month later at 3.7% of the trading fleet, and only accounted for 18.2% of the total container order book. Interest in the smaller segments, however, is bouncing back after months of hibernation.
In recent months, Somali pirates have repeatedly attacked and hijacked a number of merchant vessels in international waters. These incidents serve as a grim reminder of the critical importance of BMP5 (Best Management Practices to Deter Piracy and Enhance Maritime Security in the Red Sea, Gulf of Aden, Indian Ocean, and Arabian Sea) in the shipping industry.
The shipping number of the week provides numbers with a brief analysis of relevant developments in the shipping markets.
Focus on underwater radiated noise from shipping has grown significantly over the past few years. Consequently, the International Maritime Organization (IMO) has decided to raise awareness of the subject by issuing updated non-mandatory guidelines with the aim of monitoring the impact and thus ascertaining the efficacy of various mitigation solutions.
The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as COVID-19 has massively slowed contracting (-50%) while deliveries of new vessels have proved more resilient (-2%).
BIMCO has received information about changes made by the United States Coast Guard (USCG) to its Port State Control (PSC) boarding matrix.
Seed cakes transported in containers continue to provide a risk in terms of causing container fires onboard and BIMCO urges the use of joint-industry guidelines to BIMCO members to improve safety for ship and crew.