Pollution fears from tankship recede: Solong still a concern

All but two of the 18 fuel tank cells on breached products tanker Stena Immaculate (IMO 9693018) have remained intact, Stena Bulk CEO Erik Hanell said on Wednesday afternoon, boosting hopes that there would only be a small environmental impact of the event in the North Sea, which occurred during the morning of Monday March…

Ship recyclers lack ships to recycle

With charter rates continuing to climb , there is an ongoing shortage of tonnage available to ship recyclers, cash buyer GMS has reported. Dry bulk carriers, Capes and even Panamax sectors reported rising rates last week. “Q1 2025 is proving itself to be somewhat of a turbulent time given that more than $150/LDT has now…

Round Up

Broker Willis has lined up former Lockton Norway CEO Anders Johannessen as its European head of marine, reports The Insurer, citing three unnamed senior marine market sources. Johannessen became CEO of Lockton in April last year. From April 2018 to December 2022 he had been Managing Director, Edge Group, while before that he had been…