More properly referred to as the "Demolition Market", scrapping of vessels has very measurable effects on the asset value of middle-aged and older tonnage. Let's have a look at what happens at the end of a ship’s service life.

New vs Old…what are the current merits (and pitfalls) owners face when deciding to add to their fleet?

We have a new office address and will be calling Menara Perak our new home. Same Team, New Location.

Ammonia, Hydrogen, Methanol, LNG, MSR……we are hearing more of these somewhat esoteric alternative fuels as the need for decarbonisation is being realized, and acted upon, more widely. This reduction in harmful emissions from our fleet is of course an imperative and I don't think anyone would seriously question that. But the big question is, how?