The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange’s trusted position in the marketplace when undertaking the sale or purchase of a vessel. Announcing the initiative today (25th April) at its Freight […]
Seafarers to benefit from innovative catering training software launched by MCTC
As part of its dedication to providing catering crews with the best possible standard of training and management, Marine Catering Training Consultancy (MCTC) is delighted to announce the launch of its brand new Learning Management System (LMS). The innovative LMS will enable marine catering crews to manage their own training and communications digitally, and access […]
Wärtsilä partners with Maritime and Port Authority of Singapore to promote maritime technologies
The technology group Wärtsilä has partnered with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D. The partnership covers four different streams: digital acceleration, cyber-physical security, intelligent vessel and port operations. Wärtsilä and MPA have also agreed to support and leverage start-ups and small and medium enterprises in Singapore in […]
MacGregor takes its place at Finland-Singapore Maritime Innovation camp to create value for stakeholders and grow maritime innovation ecosystem
MacGregor, part of Cargotec, is one of the partners participating in the Finland-Singapore Maritime Innovation camp, which has been designed to accelerate developments within the maritime industry and create value for stakeholders. It will take place in the third quarter of 2018 in Singapore and was announced on 24th April during the Singapore Maritime week […]
Industry leaders bullish on the potential of LNG market
The future outlook of the liquefied natural gas (LNG) market is a bullish one, according to industry leaders who spoke at the inaugural Sea Asia LNG Forum this week. The leaders also shared a general consensus that Singapore, in particular, is set to benefit from the growth of this market. The LNG Forum 2018 is […]
Ferry industry celebrates fifth successive year of growth for car travel by sea
The number of cars taken by ferry has increased from 8.70 to 8.77 million in 2017 – a 1% increase. This is half a million more than the 8.2 million cars carried in 2012 and is the fifth year of successive growth according to the annual results of the ferry industry. The news matches industry […]
Ballast Water Equipment Manufacturers’ Association holds first Annual Meeting and elects inaugural Board of Directors
The manufacturers and stakeholders in the ballast water treatment equipment market have taken a major step forward by codifying a unified manufacturers’ association. The Ballast Water Equipment Manufacturers’ Association (BEMA) met last Thursday (19th April) for their first Annual Meeting and elected the inaugural Board of Directors. The paramount need for this association arose from […]