Shipping confidence reached its equal highest rating in the past three years in the three months to end-May 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.
The average confidence level expressed by respondents to our Shipping Confidence Survey for the quarter ended February 2017 was unchanged at 5.6 out of 10.0. The likelihood of respondents making a major investment over the next year was 4.9 out of 10.0.
Maritime Professional leading commentator Joseph Keefe has drawn upon his experience to examine the effectiveness of the Paris MoU list as an indicator of flag state quality and develop conclusions based on his findings.
An absence of clear guidelines regarding refuge for vessels found stranded in international waters has left the German ship MSC Flaminia without a port of destination since it experienced a fire onboard over one month ago.
