LR, Zodiac, HD KSOE and KEPCO E&C ink nuclear propulsion JDP

Lloyd’s Register (LR) has joined forces with Zodiac Maritime, HD KSOE and KEPCO E&C in a joint development project for the research and development of nuclear-propelled ship designs, including bulk carriers and containerships, with the parties signing a MOU at Korea’s HD Hyundai Global R&D Center. The move comes as the shipping industry looks more […]

Grimaldi Group acquires majority stake in Heraklion Port Authority

This week’s signing of the share purchase agreement officially marked the sale and transfer of a majority stake in the capital of the Heraklion Port Authority (HPA S.A.) to Holding of Heraklion Port S.A., the consortium formed by the Grimaldi Group companies Grimaldi Euromed SpA and Minoan Lines S.A. For a total price of 80 […]

BIMCO calls for immediate end to attacks on international shipping

One month ago, a series of unprovoked attacks on merchant ships began in the Southern Red Sea, Bab El-Mandeb, Gulf of Aden and the Arabian Sea. It is widely believed the attacks originate from the Iran-aligned Houthi movement and the number of attacks has steadily increased, threatening commercial shipping. BIMCO believes nation states must collaborate […]

New UK Maritime Minister speaks first to the industry at Sailors’ Society Carol Service

In his first public address to the maritime industry, the new Maritime Minister, Lord Davies of Gower, told those gathered for Sailors‘ Society’s annual Carol Service that this Christmas we need to “spare a thought for our seafarers, for their contribution, their safety and their wellbeing.” He added that they were “working in the harshest […]

Signing of MOU for join feasibility study to realise ‘Setouchi/Shikoku CO2 Hub Concept’

Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement Co., Ltd.(SOC), Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and Woodside Energy Ltd have signed a non-binding memorandum of understanding (MOU) to jointly conduct a business feasibility study aimed at aggregating CO2 from the Setouchi and Shikoku regions and then transporting those emissions to Australia for permanent storage. […]

New General Manager for Taylor Smith Shipyard

Taylor Smith Shipyard (TSS), the oldest ship repair yard on Mauritius, has appointed Willy van Niekerk as new General Manager. The management of Taylor Smith Group, of which the yard is a subsidiary, heartily welcomes Mr Van Niekerk in his new position and looks forward to see him further develop and expand the yard’s docking, […]

Veson Nautical extends data analytics and collaboration capabilities with acquisition of Shipfix

Veson Nautical (Veson) has announced its acquisition of Shipfix, the collaborative data platform for the maritime and trade sectors driven by advanced AI-enabled tools. As Veson’s second acquisition this year, Shipfix will further Veson’s pursuit to deliver quality, contextual data to the industry. Veson will continue to offer Shipfix’s suite of maritime solutions and bring […]