IMDO Shipping Review: Ultra-Large Vessel Order Slow, Tanker Carries Cars & Boxes, Shipping Firms Join Sulphur Alliance and much more

23rd July 2014

#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below.

Container Market: Ultra-large vessel orders slow - Ordering of new containerships slowed significantly during the month of June, as European traffic demand began to increase, signalling a potential change of fortunes for the sector. Seatrade Global reported that the slowdown in growth of the orderbook, particularly amongst ultra-large vessels, marks a positive sign that improving demand could catch-up with the projected vessel supply by 2016.

Technology & Innovation: Tanker which also carries cars & boxes to set sail - Russian Ship owner BF tanker will take delivery of ten unique tankers that haul oil products, boxes and vehicles, Lloyd's List reported. Designed primarily to carry oil products, the ships will also have the capacity to handle containers and vehicles. The chief executive of BF tanker, Sergey Chaplygin, explained the project as "unique as it can provide backhaul shipments of containers and other general cargoes inincluding oversized industrial equipment."

Regulation: Shipping firms join to ensure sulphur emission compliance- A group of shipping companies with worldwide operations have joined together to form the 'Trident Alliance', aimed at ensuring robust enforcement of stricter sulphur emission standards, TradeWinds reported. The body was formed by ship owners and operators who share a common interest in the clear implementation of current and future marine sulphur regulations.cluding oversized industrial equipment."

For more on each of the above and other stories click the PDF downloadable IMDO Weekly Markets Review (Week 29). In addition to coverage on Afloat.ie's dedicated Ports & Shipping News.

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About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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