Industry Developments

With appreciation to INTERCARGO member Steamship Mutual Management, refer to the enclosed circular on Iran Trading – implications on the availability of P&I cover, issued on 23 Feb 2016. It is understood that all clubs in the international Group...

The order backlog at South Korean shipyards has fallen to its lowest level in 10 years, according to data from Clarkson Platou. The nation’s shipbuilders had 28.44m cgt of orders as of end-February, the first time in a decade the backlog has fallen...

Shipping companies are being strongly encouraged to use new  ‘Transitional Measures for Shipowners Selling Ships for Recycling’ (2nd Edition) launched by a wide coalition of international shipping industry organisations in Jan 2016. The purpose of...