Renewable energy moves East

Unlike Scrubbers and LSFO which are mitigating the existing problem, renewable energy is a long term solution to the environmental issues faced globally. Europe has led this initiative, and through the last 19 years of development the cost of renewable energy, particularly offshore windfarms has decreased significantly. Shipowners and operators are beginning to see this …

Continue reading

Outstanding Orderbook 2018

Vessel deliveries typically slow down towards the end of the year. If shipowners wait a few weeks, allowing the┬ádelivery 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. There are 1,966┬ávessels which have …

Continue reading