Global energy major joins The Castor Initiative

The Castor Initiative has announced that global energy major TotalEnergies has become the eighth partner to the global coalition that is committed to make zero emission shipping a reality. The global coalition, which includes MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI), MAN Energy Solutions (MAN), the Maritime and Port Authority of Singapore […]

West strengthens Member support in Asia through two new senior promotions

West P&I Club has announced the promotions of David Griffiths and Xuanlun (XL) Cai. David has become the Regional Head of Underwriting, Singapore, and Xuanlun is now Regional Head of Underwriting, Hong Kong. These new appointments will strengthen two of the Club’s key regional offices, building on the strong relationships and reputation that West enjoys […]

ICS signs milestone MOU with Emirates Shipping Association

The International Chamber of Shipping (ICS) has signed a Memorandum of Understanding (MOU) with the Emirates Shipping Association for increased cooperation and collaboration towards the UNFCCC Climate Conference COP28 and beyond. This landmark signing took place at the International Maritime Organization’s (IMO) headquarters in London today, at an event hosted by the UAE government, with […]

‘Diversity and Inclusion Toolkit for Shipping’ now available to pre-order

The International Chamber of Shipping (ICS) is pleased to announce the release of the first edition of an important new title – Diversity and Inclusion Toolkit for Shipping. An essential new guide, the publication has been developed to create awareness and inspire change in the strategies, policies and practices that will enable the maritime industry […]

IUMI Stats Report presents another positive year for marine insurers

The International Union of Marine Insurance (IUMI) has released its 2022 global marine insurance market analysis – known as the IUMI Stats Report. The report details that 2021 saw a robust macroeconomic recovery, but in 2022 worries about inflation and recession are gathering. The International Monetary Fund (IMF) has lowered (Oct 2022) its global growth […]

e1 Marine and NAVTEK sign collaborative agreement to scale availability of hydrogen powered car carriers and tugboats

Global renewable energy company e1 Marine has signed a Memorandum of Understanding with naval design and engineering specialists, NAVTEK, to collaboratively develop hydrogen-powered low-carbon emission marine vessels and port applications for the European market. This includes incorporating e1 Marine’s methanol-to-hydrogen generator technology with PEM fuel cell power solutions on NAVTEK-identified marine applications. The initial project […]

Accelleron launches new all-inclusive service agreement for auxiliary engine turbochargers

Accelleron has launched an all-inclusive service agreement for auxiliary engine turbochargers that streamlines maintenance procedures and eliminates unexpected costs. Turbo AuxiliaryCare provides ship owners and ship managers with peace of mind that vessels can undergo necessary auxiliary engine turbocharger maintenance as and when required, with minimal administrative burden, at a fixed price. By providing event-based […]