special news Industry
Does Europe Have Enough Shipbreaking Capacity?

Does Europe Have Enough Shipbreaking Capacity?

Under the EU Ship Recycling Regulation (SRR), vessels flagged in EU countries will have to be scrapped at EU-approved yards beginning next January.
44% of all 2018 schedule deliveries still at yards

44% of all 2018 schedule deliveries still at yards

Vessel deliveries typically slow down towards the end of the year. If shipowners wait a few weeks, allowing the delivery to slip into the new year, the vessel is considered a whole year younger. Many sectors can expect a higher proportion of the orderbook to hit the water in future years.
Newbuilding Ordering Picks Up as Shipowners Are Turning to the Tanker Segment Once More

Newbuilding Ordering Picks Up as Shipowners Are Turning to the Tanker Segment Once More

Over the past few days, there has been a resurgence of tanker ordering activity.
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