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Cargo volumes in Red Sea area drop 21% due to attacks on ships

Cargo volumes in Red Sea area drop 21% due to attacks on ships

by Mariska Buitendijk | Mar 1, 2024 | News, Shipping

The Houthi attacks on merchant shipping have caused a 21 per cent drop in cargo volumes to and from ports in the Gulf of Aden and Red Sea. BIMCO reveals this in its latest “Shipping number of the week”. ‘During the first seven weeks of 2024, cargo volumes to and...
‘Record deliveries could push container fleet above 30 million TEU in 2024’

‘Record deliveries could push container fleet above 30 million TEU in 2024’

by Mariska Buitendijk | Jan 15, 2024 | News, Ship recycling, Shipbuilding, Shipping

As 2023 saw a relatively low level of container ship recycling, new ships entering the fleet caused an eight per cent rise in the capacity of the container fleet, states BIMCO in its latest “Shipping number of the week”. This is the fastest growth...
Pakistan becomes party to Hong Kong Convention

Pakistan becomes party to Hong Kong Convention

by Mariska Buitendijk | Dec 4, 2023 | Maritime regulations, News, Ship recycling

Pakistan has acceded to the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC). As a result, all major ship recycling states have now become a party to the IMO’s HKC. The country deposited the instrument of accession...
Will the EU align with IMO on ship recycling?

Will the EU align with IMO on ship recycling?

by Mariska Buitendijk | Sep 27, 2023 | Maritime regulations, News, Ship recycling

The International Maritime Organization’s (IMO’s) Hong Kong Convention, which sets standards for more sustainable ship recycling, will enter into force on 26 June 2025. The European Union has its own Ship Recycling Regulation. Will the latter now align...
‘Record deliveries could push container fleet above 30 million TEU in 2024’

‘Falling freight rates threaten safety and decarbonisation progress in shipping’

by Mariska Buitendijk | Jun 7, 2023 | Energy transition, News, Shipping

The decline in freight rates threatens future investments in safety and decarbonisation. It could also impact maintenance levels and risk management budgets, according to the latest Allianz Safety & Shipping Review 2023. Following the post-pandemic boom in...
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