UK maritime cadets to receive further COVID-19 funding as SMarT scheme extended

The UK Maritime & Coastguard Agency (MCA) has confirmed a further six-month extension to the Maritime Training (SMarT) Fund, for cadets unable to finish their training due to COVID. The scheme had already been extended last year, to mean funding extensions will now be available for up to 12 months in total for each eligible […]

Viasat Inc. to acquire Inmarsat, creating new leading global communications innovator

Global communications company Viasat Inc. and UK-based Inmarsat, a leading provider of mobile satellite communications services, have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at $7.3 billion. The combination will create a leading global communications innovator with enhanced scale and scope to affordably, securely and reliably connect […]

Svitzer Europe strengthens service in Northern England with acquisition of new tug

Towage operator Svitzer has announced the purchase and renaming of the Immingham-based tug Innovation, following the end of a chartering agreement for the vessel from Damen Marine Services. After the acquisition, the three-year-old vessel was renamed to Svitzer Eleanor and its ownership officially passed to Svitzer. Svitzer Eleanor will follow the naming theme of fellow […]

Shipping the critical enabler in global transition, says ABS chief at COP26

Shipping is the critical enabler in the world’s transition to low carbon operations and needs Government support to ensure it is at the front of the queue for next-generation fuels. That was the message from ABS Chairman, President and CEO, Christopher J. Wiernicki to delegates at the UN Framework Convention on Climate Change, COP26. “Governments […]

VPS and BunkerTrace announce partnership to bring innovative new bunker services to market

Marine fuel testing company VPS and BunkerTrace, the solution for physically and digitally tracing marine fuel, today announced a new strategic partnership that will see VPS bring to market BunkerTrace’s ground-breaking, innovative forensic technology. It starts with the launch of its Sample Assurance product. The agreement represents a significant step for the improvement in traceability […]

Europort 2021 concluded on positive note

Overwhelmingly positive feedback from exhibitors and visitors at the conclusion of Europort 2021 demonstrated how keenly the maritime industries have been awaiting the resumption of in-person events, report the organisers. Hosted by Rotterdam Maritime Capital, some 800 maritime companies from 43 countries participated at Rotterdam Ahoy, receiving almost 20,000 visitors from 79 countries worldwide during […]

EEXI and CII – A gathering storm?

Global law firm Reed Smith reports that it is receiving a growing number of enquiries from clients about the IMO’s new EEXI and CII regulations that are coming into force in less than 14 months’ time, on 1 January 2023. Transportation Industry Group partner Nick Austin says the enquiries relate to “what the regulations mean […]