Shipping set to debate ‘code red’ climate change issues ahead of COP26

As a landmark United Nations climate study declares “code red for humanity”, maritime leaders are set to discuss how the shipping industry can play its part in meeting global targets, just two months ahead of the crucial COP26 talks in Glasgow. Examining the core question: “Is shipping ready for the outcomes of COP26?” industry leaders […]

CCS steers into British waters with new UK operation

COLUMBIA Cruise Services (CCS) is proud to announce it is heading into British waters by launching CCS UK, a Southampton-based ship management and recruiting operation. The cruise vessel management business will continue running fleets for its existing UK shipping operators while aiming to attract new clients. CCS recently purchased premises in Southampton, England, which will […]

PSA AND RHT TO COLLABORATE ON ESG DIGITAL ASSETS SOLUTIONS FOR DECARBONISATION GOALS

PSA International Pte Ltd (“PSA”) has entered into a Memorandum of Understanding (“MoU”) with the RHT Group of Companies (“RHT”) to explore co-creation and investment in Environmental, Social, and Governance (“ESG”) digital assets solutions to further advance the goals of decarbonisation in ports and supply chains. The MoU underscores PSA’s interest to partner industry and […]

Liberian Registry launches online Seafarer Examination portal

The Liberian Registry reports that it has launched its new online platform for Liberian license assessments and upgrade examinations. This platform, https://seafarerexam.liscr.com/ allows the eligible seafarer, working through approved Training Centres, to be able to take these examinations globally (and remotely) 24/7. This advanced platform means that seafarers can now be pre-approved and vetted by […]

WFW advises on Navigator on merger with Ultragas

Law firm Watson Farley & Williams (WFW) has advised Navigator Holdings on its agreement with Naviera Ultranav to merge the business and fleet of the latter’s subsidiary Ultragas with Navigator. As part of the agreement, Navigator issued approximately US$21.2m new shares of its common stock to Ultranav in consideration for its vessels, less its debt, […]

SSY shares analysis of H1 ‘focused on the three Cs: China, Covid and Carbon’

After more volatility in the first half of 2021, shipbroker Simpson Spence Young (SSY) analyses the last six months and highlights areas of particular interest in its mid-year outlook. The report looks at various drivers of the shipping markets, including the on-going impact of evolving emissions regulations. “The first six months of 2021 have been […]

Drewry predicts reefer container freight rates ‘to outgun dry cargo rates in 2022’

Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to Drewry’s recently published Reefer Shipping Annual Review and Forecast 2021/22 report. Drewry’s Global Reefer Container Freight Rate Index, a weighted average of rates […]

logo