Hong Kong Maritime Week opens

Hong Kong Maritime Week 2023 was launched yesterday to bring together maritime leaders home and abroad for a week of activities aimed at reinforcing Hong Kong’s position as an international maritime centre. Addressing the opening ceremony, Chief Executive John Lee said the National 14th Five-Year Plan supports Hong Kong’s role in the global maritime sector […]

NorthStandard to apply moderate premiums increase for 2024-25

NorthStandard has signalled that it intends to apply a 5% General Increase to its P&I and FD&D premiums from February 2024 for the 2024-25 policy year, in a move the global marine insurer says represents a responsible approach to underwriting at a time of persistent shipping market uncertainties. Based on YTD experience at the November […]

Salaries up but room for improvement in welfare, finds Danica’s 2023 Seafarers’ Survey

Salaries are rising by at least 10% as the crew employment market tips in the favour of seafarers, reveals Danica Crewing Specialists as it announces the findings of its 2023 Seafarers’ Survey. Across senior officer ranks salaries have increased some 10-15%, regardless of nationality, the Danica survey shows, compared to its 2021 results. Salary figures […]

Beware – sanctions can affect every operator, warns The Swedish Club

As stories of the oil price cap fill the press, readers could be forgiven for thinking that sanctions concern only tanker operators and the oil industry. But as Torbjörn Claesson, Corporate Lawyer at The Swedish Club points out – operators running bulk carriers and container ships can still be impacted by sanctions. Claesson (pictured) was […]

Tototheo Maritime passes 1,000-ships in milestone for Inmarsat Fleet Xpress installations

Satellite communications and technologies specialist Tototheo Maritime has passed the 1,000-ship mark in Fleet Xpress terminal installations, in a significant milestone for its collaboration with Inmarsat that reinforces the appeal of high-speed maritime broadband services. Tototheo has worked closely with Inmarsat Maritime, a Viasat business, for over 30 years and has played a key role […]

WinGD to supply methanol-fuelled engines for six green container vessels

Swiss marine power company WinGD will supply X-DF-M methanol-fuelled engines for a series of six container vessels to be built at Yangzijiang Shipbuilding in China. The 9,000 TEU vessels will each be powered by an X82DF-M engine built by HD Hyundai Heavy Industries’ Engine & Machinery Division (HHI-EMD), to be delivered in August 2025. The […]