CSM says engine health monitoring is essential to meeting the CII requirements

Shipowners and charterers using the newly-released Emissions and Engine Health Monitoring System, via Columbia Shipmanagement’s (CSM) Performance Optimisation Control Room (POCR), will be aligned with BIMCO’s Carbon Intensity Indicator (CII) Operations Clause for Time Charter Parties designed to help the industry commercially navigate the complexities of the IMO’s CII regulations. This was the assurance made […]

The Swedish Club announces General Increase for 2023

In recognition of the need to maintain a balanced approach, the Board of The Swedish Club has made the decision to set a 10% P&I General Increase for 2023. The FD&D General Increase has been set at 15%. Speaking at last week’s board meeting, Managing Director of The Swedish Club, Lars Rhodin, said: “It is […]

International Chamber of Shipping urges unity on GHG reduction measures ahead of MEPC 79

Speaking at the conclusion of a greenhouse gas working group at the International Maritime Organization, which precedes this week’s 79th session of the Marine Environment Protection Committee (MEPC 79), ICS Secretary General Guy Platten commented: “At COP26, global shipowners reiterated their commitment to reaching net-zero carbon emissions by 2050. IMO Secretary-General Kitack Lim’s closing remarks […]

Braemar launches Greek Corporate Finance desk led by Stefanos Fragos

Braemar Plc has announced the expansion of its Corporate Finance desk to Athens, Greece, and the appointment of Stefanos Fragos (pictured) to spearhead its growth in the region. Braemar is responding to a clear need in the market from shipowners in Greece and the Mediterranean for expert counsel in the equity and debt capital markets, […]

Ardmore Shipping opts for Value Maritime’s emissions-cutting technology

Product and chemical tanker company Ardmore Shipping Corporation has placed an order for Value Maritime’s emissions-reducing Filtree system, including the Clean Loop system, for an initial six MR Tankers. Aligning with Ardmore’s energy transition ambitions, the tankers will be made Carbon Capture ready for collecting CO2 emissions onboard in the future. Taking place during regularly […]

GoodFuels successfully delivers 100% biofuel to AIDAprima

GoodFuels, the leading biofuels provider for the global transport industry, has successfully delivered 140mt of 100% biofuel to AIDAprima, enhancing its partnership with Carnival Corporation’s AIDA Cruises brand, the companies have announced today. The Hyperion-class cruise ship was refuelled with GoodFuels’ sustainable biofuels during its 8thDecember port call to Rotterdam, in the Netherlands. This first […]

Asyad Shipping expands service footprint to Singapore

Asyad Shipping has opened the company’s first international office in Singapore as part of its ambitious growth plans to expand the business portfolio into the Asian market. The new office will act as a platform for Asyad Shipping to serve the increasing demand from current and potential customers in that region. Asyad Shipping operates a […]

Nextvoyage expands leadership team with key hires

Nextvoyage is pleased to announce that it has expanded its leadership team by welcoming onboard both Mr John Viggiano and Mr Jonathan McLean, as new Chief Operating Officer (COO) and Chief Technology Officer (CTO) respectively. Both John and Jonathan arrive at Nextvoyage from careers in the software industry, including experience in maritime industry software. Together […]

IMRF announces new Chief Executive Officer

The International Maritime Rescue Federation (IMRF) has announced the appointment of Caroline Jupe as the organisation’s new Chief Executive Officer, effective from 1 February 2023. She will replace Theresa Crossley who will be retiring next year following a five-year tenure but remaining in a support role to help with preparations for the IMRF’s World Maritime […]

Osbit supercharges US offshore wind capability

Osbit, the UK-headquartered offshore technology expert, has significantly expanded its US footprint to meet demand within the country’s rapidly growing offshore wind market. Set up in 2010 and currently operating two sites in Northumberland, as well as holding a tenancy at OrbisEnergy in Lowestoft, the business has completed the first stage of its US growth […]