This week, a shipping company announced that it is working on a deal that will be paid in Bitcoin, which is believed to be an industry first. But does Bitcoin have a future in shipping? Firstly, what is Bitcoin? It is digital and seen as an alternative currency. Unlike the notes or coins, it … [Read more...] about Does Bitcoin have a future in shipping?
Bulkers China has bagged firm orders for 129 new bulk carriers or 55% of the total 234 bulkers that were contracted during the first 10 months this year, according to Alibra data. Globally, only 34 new bulkers were ordered firm during the same period last year, of which the majority (50%) were … [Read more...] about Competition heats up between international shipbuilding countries
The survey suggests that only 500 ships have been equipped with scrubbers. There has been something of a backlash against scrubber technology, most notably from Maersk and Klaveness, who have said they see the technology as being expensive and immature. Lasse Kristoffersen, CEO at Torvald … [Read more...] about Sulphur 2020: Coming, ready or not