This document published by LR, summarizes the most important IMO/ ILO requirements entering into force.
Iljin AND Co have been specialized in supplying equipment, installation, design, commissioning & text of Fire Extinguishing Systems and Detection & Alarm systems for fire & gas based on continuous research and development for domestic and foreign shipyards since 1995.
Overall, 2017 was a good year for the ocean shipping industry. Operating margins for most carriers improved, driven by robust demand, positive inventory developments and higher rate levels. Will the positive recovery continue? Or will the vicious cycle we’ve experienced since 2008 continue, where carriers are truly profitable for only three to four years at a time?