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Proman Stena Bulk has signed an agreement with Guangzhou Shipyard International (GSI) in China to build two state of the art IMOIIMeMAX methanol-ready 49,900 DWT ships, says an article published in their website. First deal signed Proman Stena Bulk Ltd has...
In a major development,  Leading Classification Society ClassNK has released its “Guidelines for the Inventory of Hazardous Materials (Ver.4.00)," says a press release published on their website.  Why is it needed? The “Hong Kong International Convention for the Safe and Environmentally...
According to a Reuters report, the General Electric Co (GE.N) on Monday named finance head at shipper AP Moller-Maersk (MAERSKb.CO) as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate. Why...
Leading Classification Society ClassNK granted an Approval in Principle (AIP) to Osaka Gas for their joint project with Daihatsu Diesel on an LPG Reformer for marine engines, says a press release published on their website. This was the first AIP...
According to an article published in Reuters, the Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, recorded its biggest daily percentage jump.This jump in percentage comes in more than four-and-a-half months, buoyed...
Using ABB's shore connection technology, three Corsica Linea ferries will cut emissions and noise pollution. The ferries will use electricity for power at berth instead of using diesel-fueled auxiliary engines. The three vessels are being modified to feature...
According to an article published in Xeneta, with old-fashioned shipping terms such as ‘conference’ or ‘non-conference’ long consigned to a dustbin that contains full sets of paper Ocean Bills of Lading, one wonders if alliances are as helpful to...
The IMO has decided on a goal-setting approach by member states to decarbonise shipping, rather than progress the proposals put forward by some members for a mandatory speed reduction on vessels and this has angered shipping associations across the...
VIKING’s entire LifeCraft™ system has now obtained flag state approval as a novel life-saving appliance, says a press release published on their website. LifeCraft™ system The LifeCraft™ system is to be installed on passenger ships for the utmost safety in evacuation...
According to a recent Platts reports,Chinese buyers of seaborne thermal coal have been cancelling deals or trying to defer delivery cargoes to the end of December amid ongoing curbs on imported material. No for restarting discussion An international trader said a...
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