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OSV Market In Complete Turnaround of Fortunes October 2, 2023
The OSV (Offshore Support Vessel) is in a state of complete recovery from the lows of the past couple of years. In its latest weekly report, shipbroker Intermodal said that “the OSV market has turned from an all-time low to great earnings in the past 2 years, as investments in the North Sea’s Oil and […]
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Poseidon Principles Align Shipping Finance Reporting with Ambitious New IMO Climate Goals October 2, 2023
The Poseidon Principles are pleased to announce a significant revision to their framework for evaluating and reporting financial institusions’ shipping porolios’ alignment with climate-related objectives. Following the IMO’s GHG revised strategy adopted during MEPC80 in July 2023, this update signifies the dedication of 30 leading shipping banks to support the maritime sector’s transi:on towards a […]
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Ballast water management – regulations are tightening October 2, 2023
A year from now, all vessels subject to the Ballast Water Management Convention must have an approved ballast water treatment system installed onboard. Is your ship ready for tighter regulations? Good management of ballast water is critical to prevent the spread of invasive aquatic species (see fact box below). To that end, the Ballast Water […]
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