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Ships get older and slower as emissions rules bite

Ships get older and slower as emissions rules bite

by AIP Online Bureau | Jul 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Supply chains are already strained due to a surge in demand as economies rebound from lockdowns, pandemic disruptions at ports and a lack of new ships. If older vessels move into the slow lane as well, shipping capacity could take another hit at a time when record...

Shipowners make payoffs to free vessels held by Indonesian navy near Singapore- sources

by AIP Online Bureau | Nov 14, 2021 | International News, Non-Life

Around 30 ships, including tankers, bulk carriers and a pipeline layer, have been detained by the Indonesian navy in the last three months and the majority have since been released after making payments of $250,000 to $300,000, according to two shipowners and two...
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