Korean Register (KR) has been admitted to the International Naval Safety Association (INSA), to contribute to naval vessel safety and protection of the environment. There was unanimous consensus for KR’s membership at INSA’s Annual General Meeting in Istanbul, Türkiye on 13 October. KR becomes an official member on 1 January 2023. Kim Youngsuk, Head of […]
New report from Swedish Club shows spike in reefer claims over pandemic
A new report from The Swedish Club, Container Claims – Refrigerated Containers, has identified a peak in refrigerated (reefer) container claims during the pandemic years as a result of disruptions in the supply chain, with a high number of reefer containers being delayed either in port or during transportation to and from port via road […]
Freeport East appoints new Board Chair and formalises new delivery structure
Freeport East has continued to make strides towards full operations in recent weeks. Having appointed their first permanent Chief Executive back in September, Freeport East has now appointed a new Chair of the Board. Mark Lemmon (pictured) takes over from George Kieffer who had been covering the post on a temporary basis. Mr Lemmon has […]
Wärtsilä to combine Voyage and Marine Power businesses
Wärtsilä Corporation says it is strengthening its lifecycle offering by integrating the Voyage business into Marine Power as a business unit. The President of Wärtsilä Voyage Mr Sean Fernback will leave the company and he will be succeeded by Mr Hannu Mäntymaa (45), (M.Sc.Eng) with immediate effect. Mr Mäntymaa (pictured), currently VP, Performance Services in […]
Future collaboration on key maritime challenges discussed as MPA Chief Executive visits ABS
Green shipping corridors and clean energy marine hubs, shipping decarbonization as well as alternative fuels and digital solutions were discussed when Mr. Teo Eng Dih, Chief Executive, Singapore Maritime & Port Authority (MPA) visited ABS’ world headquarters. Mr. Teo, who was visiting the U.S. as part of the Eisenhower Fellowship, discussed a range of industry […]
Winners of Maritime UK Solent Awards announced
The very best of the Solent’s world-class maritime sector were honoured last Friday at the Maritime UK Solent Awards 2022 in Southampton. The awards were organised by Maritime UK Solent and took place at the end of Maritime UK Week on October 14, celebrating success, creativity and innovation in the Solent’s maritime sector. The winners […]
The Governor of Gibraltar visits Gibdock
The Governor of Gibraltar, H.E. Vice Admiral Sir David Steel, paid a visit to Gibdock, the historic dry dock facility in Gibraltar today. The visit took place to mark the acquisition of the shipyard by The Balaena Group, which incorporates not only Gibdock, but Balaena Offshore Utilities. Strategically located Gibdock was acquired by The Balaena […]
Poseidon Principles members now represent ‘over 65% of world’s shipping debt’: Reed Smith
Susan Riitala, finance lawyer in Reed Smith’s transportation industry group, has spoken out in praise of the Poseidon Principles on environmentally responsible ship financing. Ms Riitala said: “When the Poseidon Principles for ship finance were originally published in 2019, there were 11 signatories. The group has now grown to 30, and represents over 65% of […]