Car carrier markets remain at all-time highs with charter rates up a further 10% y-o-y to a new record $115,000 per day (over 7x average 2019 levels) comments Stephen Gordon, MD of Clarksons Research, summarising its annual ‘Car Carrier Trade & Transport 2023’ annual review and outlook published this week. Transportation are costs elevated, and […]
As the maritime industry continues to strive for more diversity amongst its crews, Mental Health Support Solutions (MHSS) is pleased to announce the launch of its Female Ambassadors’ Training Programme which has been designed to equip office workers, regardless of gender, to serve as mentors and allies for female officers and seafarers. During the training, […]
International commercial law firm Hill Dickinson is celebrating rapid growth across South East Asia through the addition of 13 new hires into its Hong Kong and Singapore offices. The appointments strengthen the firm’s maritime, commercial disputes and transactional offering. The Hong Kong office welcomes 10 lateral hires from Ince & Co, including asset finance partners […]
NAVTOR is continuing its mission to make life easier, safer and more compliant for navigators and shipping companies with a breakthrough revamp of its acclaimed Passage Planning module. Featured in the latest release of NAVTOR’s NavStation planning software (version 6.3), the new module offers expanded automation and auto-calculations, slashing both administration time and the potential […]
Global, sector-focused law firm HFW has continued to support BIMCO in helping the shipping industry work towards decarbonisation by drafting a suite of three new voyage charterparty clauses for parties to allocate costs and responsibilities relating to ships operating under an emission scheme. Emission schemes are ‘cap and trade’ markets that permit the emission of […]
ABB and shipping company Wallenius Marine have opened the doors of the first OVERSEA Fleet Support Center, a major milestone in their collaborative strategy to help shipping companies improve environmental, technical and voyage performance. One of the maritime industry’s first digital and fleet support centers to be developed as a service, OVERSEA provides recommendations to […]
An iconic multi-million-pound innovation hub should be established in Harwich to support the town’s progress to becoming a national leader in clean energy – according to a new report by sector expert Opergy Group. Commissioned by Tendring District Council using part of its UK Shared Prosperity Fund allocation, the University of Essex and Freeport East, […]
Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will deliver two fuel supply systems (FSS) for testing WinGD’s ammonia-fuelled engine in early 2024. The partnership is a significant step forward in the development of ammonia as a future fuel for marine vessels. Partners for developing ammonia as a […]
Johor Port Berhad, a major trade hub in Southern Malaysia, has announced an agreement with Innovez One, a leading provider of Port Management Information systems, to accelerate the digitalisation and boost the efficiency of Marine Services and Port Operations. The partnership will leverage artificial intelligence (AI) to optimise operations and reduce GHG emissions at the […]
