Superyacht Summer: Italian Yachts Lead
The summer season in most of Europe has been off to a sunny and warm start, which has many longingly wishing to spend time at sea. Those with access to the privileged…
Eco Ships: The New Norm for Top Tier Ships
The high average cost of bunker fuel over the past decade led to increased interest in fuel efficiency. Shipowners have a difficult time demanding higher rates in response to cost increases. This makes any savings they can realize on operational and fuel costs critical. Fuel costs account for about 70 to 85 percent of the cost of running a ship, so savings realized in consumption go to their bottom line.