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Ship Orders Fall to Lowest Level in 15 Years

Ship Orders Fall to Lowest Level in 15 Years

Fewer oil tankers and dry bulk carriers will hit the water, but orders of gas carriers are rising.
Vessels face ‘early warning system’ ahead of IMO 2020 deadline

Vessels face ‘early warning system’ ahead of IMO 2020 deadline

The Paris and Tokyo Memoranda of Understanding on port state control organisations are joining forces to warn vessels that risk violating the 2020 sulphur cap. The two organisations will hand cautioning letters to vessels throughout 2019.
Scrubber retrofits could rein in boxship capacity

Scrubber retrofits could rein in boxship capacity

With vessels pulled from service for upwards of a month to be scrubber-retrofitted, analyst Drewry says the impact on capacity could spur a temporary spot market boost. The short-term spike is greater enhanced, as the emphasis for exhaust technology is towards larger ships. Although only 5% of the fleet is expected to be retrofitted, this ratio is doubled in teu terms.
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