The Maritime and Port Authority of Singapore (MPA) and the International Association of Classification Societies (IACS) have signed a Letter of Intent (LOI) to collaborate on various maritime digitalisation and decarbonisation initiatives. 2. The LOI was signed by Mr Teo Eng Dih, Chief Executive of MPA and Mr Nick Brown, Council Chairman of IACS, at […]
Six in 10 investors considering divestment from maritime sector amid ESG concerns, says Woodrow report
Sustainability and communications consultancy Woodrow has published a report showing that 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks. The study offers insights into how ESG considerations are impacting decisions in capital markets. The report sheds light on […]
Training seafarers for a decarbonised future
A new training project will prepare seafarers for zero or near-zero emission ships, helping the global shipping industry decarbonize and ensure a just transition for seafarers. Research commissioned by the Maritime Just Transition Task Force identified that 800,000 seafarers may require additional training by the mid-2030s in order to operate vessels run on zero or […]
ICS statement on recent attacks against commercial ships transiting the southern Red Sea and Gulf of Aden
The International Chamber of Shipping has serious concerns regarding the recent attacks against commercial ships transiting the southern Red Sea and the Gulf of Aden. In all cases, these vessels are conducting their right of freedom of navigation and innocent passage. The attacks are a flagrant breach of international law and maritime norms by paramilitary […]
LR to class first newbuild project for mid-size low pressure ammonia-ready LCO2 carriers
Capital Gas Ship Management (Capital), Hyundai Mipo Dockyard (HD HMD), and Lloyd’s Register (LR) are to work together on the construction of two 22,000m3 low-pressure LCO2 carriers, with the capability to carry liquid petroleum gas (LPG) and ammonia (NH3) with ammonia dual fuel readiness to be delivered in 2025 and 2026. The two new carriers […]
WinGD debuts Variable Compression Ratio technology on NYK Line newbuilds
Swiss marine power company WinGD will realise the first commercial instalments of its new variable compression ratio (VCR) technology on two new dual-fuel LNG powered vessels being built for NYK Line. A 95,000 DWT bulk carrier being built at Oshima Shipbuilding Co.,Ltd. and a 7,000 CEU pure car and truck carrier (PCTC) being built at […]
New LNG production and marine bunkering capability planned at Port Hedland, Western Australia
Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port. The project will provide an Australian LNG fuel supply capability through a new facility for the conversion of pipeline natural […]
Berg Propulsion provides systems integration for new Buksér og Berging offshore tug
Berg Propulsion has been selected to provide state-of-the-art control and propulsion technology for what will be one of the largest hybrid tugs ever delivered, after owner Buksér og Berging AS (BuBe) agreed specifications with Türkiye’s Uzmar Shipyard for its latest newbuild. The project will showcase Berg’s roles as an integrator of electric propulsion technology and […]
Annual review from international maritime charity highlights challenges faced by seafarers in 2022-23
The latest annual report of ISWAN (International Seafarers Welfare and Assistance Network) covering the charity’s activities for the year to end March 2023, highlights that although the exceptional stresses experienced during the COVID-19 pandemic have eased, life remains extremely challenging for many seafarers. ISWAN assisted 8,602 seafarers and family members of 98 nationalities (up from […]
NorthStandard to provide first ever Strike & Delay cover for adverse weather
NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, providing shipowners and charterers with the first ever marine insurance protection to mitigate the threat posed to ships solely by adverse weather conditions. The global marine insurer has responded to market needs with a groundbreaking marine insurance product which offers up […]
Greensea IQ unveils its most advanced EverClean service robot
Greensea IQ, a leader in intelligent robotics and maritime solutions, has announced the launch of its most advanced, next generation EverClean service robot. The company says the innovative improvements represent a significant leap forward in the realm of supervised reliable autonomy with Over the Horizon (OTH) operational capability for underwater hull maintenance. OPENSEA is Greensea […]
V.Group partners with Aither to provide carbon trading solutions for shipowners
V.Group (V.), the ship management and marine services company, and Aither, which provides carbon trading solutions for shipowners and other industries, are pleased to announce a strategic partnership focused on the seamless trading of carbon credits for the EU Emissions Trading System (ETS) scheme and beyond, benefiting shipowners with vessels managed by V. The EU […]