The Swedish Club’s Hong Kong office celebrates its 40th anniversary this month. The office has seen many changes, from fast economic growth in the South East Asia region and China’s ‘open door’ policy, to Asia taking a role as a leading force in global shipping. Team Hong Kong Managing Director Ruizong Wang (pictured) says: “We […]
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced that its overseas subsidiary had installed a solar power generation system on the roof of building named Ocean Breeze (“the Building”) which was constructed in 2018 to strengthen and expand our seafarer’s training facility “K” Line Maritime Academy Philippines (“KLMA”) in Pasay, Metro Manila. Such system will cover […]
The Columbia Group has reinforced its commitment to the delivery of service excellence to the Philippines market and beyond, by opening a world-class integrated maritime and logistics services hub. CSM Manila will offer a variety of ship management and maritime-related services including the development of new logistics and ship performance solutions. Located in a brand […]
Working with shipyards, ship owners and operators, ABS has developed what it calls an industry-leading set of requirements on the application of carbon capture technology at sea. ABS says experience and insight derived from pioneering carbon capture projects with stakeholders such as shipyards, ship owners and original equipment manufacturers (OEMs) have informed development of its […]
As part of its strategy to decarbonize customers’ supply chains, A.P. Moller – Maersk (Maersk) has entered a green methanol Letter of Intent with US-based SunGas Renewables, Inc., a spin-out of GTI Energy, and a leader in providing technology and equipment systems for large-scale production of renewable fuels. This is Maersk’s 9th such partnership to […]
Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has successfully taken delivery of a further methanol-fuelled tanker, Stena Prosperous. The 49,990 DWT vessel was successfully delivered from Guangzhou Shipyard International Co Ltd (GSI) and will now enter commercial operation running fully on methanol. The delivery […]
The 2022 version of DNV’s ‘Maritime Forecast to 2050’ provides insights into the fuels that will propel tomorrow’s ships, and how decarbonisation journey driven by regulation, financiers and customer choices could impact fuel cost. More specifically, the report focuses on fuel availability and infrastructure to tackle the shift to carbon-neutral fuels. Findings from the report […]
One of the most steady performers in the ocean freight spot market has finally begun to follow the wider industry trend, as rates for reefer containers from North Europe to China lock into a downward trajectory. According to the latest real-time data from Xeneta, rates on the key corridor have fallen from a long-term average […]
Maritime and commercial law firm, Tatham & Co., today announced its expansion into the Greek market with the addition of a senior Athens-based lawyer to its growing team. Ioanna Vitta brings with her over 30 years of experience, specialising in dry shipping. A qualified Greek and English lawyer, Ioanna is also a well regarded and […]
Phil Hobbs (pictured), President and Managing Director of Liberty Special Markets, has been elected as the new Chair of the International Underwriting Association (IUA). He replaces Rob Kuchinski, Head of Commercial Insurance at Zurich UK, who is retiring. Mr Hobbs has been a member of the IUA Board since March 2019 and was previously a […]
