GENPRO HONOURED FOR COMMITMENT TO SUSTAINABILITY, DIVERSITY AND YOUTH GP General Procurement Company Limited (GenPro) is delighted to announce it has won the 2021 YoungShip Cyprus Company Award, sponsored by Ancoria Insurance Public Ltd., for its commitment to sustainability, diversity and developing the next generation of maritime professionals. The Cyprus-headquartered commercial and maritime procurement services […]

Container lines to continue bull run in 2022: Drewry

Drewry Maritime Financial Research (DMFR), the investment research arm of global shipping consultancy Drewry, remains bullish about continued high stock prices and rising profitability in the booming container carrier sector. In an analysis in the December edition of Drewry’s Container Forecaster, DMFR analyses factors supporting its conclusion that equity investors should ‘stay put’ in the […]

ClassNK releases mobile app for improving ship management system and PSC performance

Classification society ClassNK has released PrimeShip-PSC Intelligence, a mobile app to assist the improvement of ship management system and PSC performance, provided free of charge. The application is the mobile version of PSC Intelligence PC version for ship management companies released in 2018. The application, which has been developed for seafarers, enables them not only […]

Bureau Veritas endorses potential of tidal power as renewable energy source

Leading renewable energy specialist Bureau Veritas has welcomed the UK Government’s plans to invest in the country’s tidal energy industry, suggesting that tidal stream electricity has the potential to become one of the most viable and reliable sources of renewable energy in the world. The Government investment is – for the first time – part […]