The London PI Club has reported a strong outcome for its annual renewals for 2024, with a growth in mutual tonnage of 8.9% year on year. This positive outcome and strengthening of rating and deductible levels for the London Club has fallen

The expression of interest (EOI) launched by the Maritime and Port Authority of Singapore (MPA) on 10 July 2023 for proposals on designs and to promote adoption of full electric harbour craft (e-HC) in Singapore received 55 proposals from 3

Fleet Management Limited (FLEET), the worlds largest third-party ship management company, has begun implementing a phased succession plan to ensure continuity, sustained innovation and success as it enters a new era. After three decades as

NYK Stolt Tankers, S.A., a joint venture between NYK and Stolt Tankers B.V. (Stolt Tankers), signed a contract on February 5 with Nantong Xiangyu Shipyard in China to build six parcel chemical tankers.* The contract will strengthen NYKs che

KR has awarded a third-party verification certificate for a Greenhouse Gas Reduction Calculation Methodology developed by HMM, South Koreas largest shipping company. The methodology is based on the Renewable Energy Directive Ⅱ, a regulato

The International Chamber of Shipping (ICS) launches Industry principles for establishing effective measures to combat and eliminate harassment and bullying in the maritime sector. The free industry guidance sets out five high level and eig

Vitol Bunkers has taken delivery of the Marine Future, its first specialised bunker barge in Singapore, strengthening its position in Asias expanding biofuel bunker market. The addition of this specialised IMO type 2 notation bunker tanker

BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers uninterrupted use of a ship if the owner defaults under the financing fa

In October 2023, ALMACO successfully delivered a project for the newbuild Carnival Jubilee at MEYER WERFT in Papenburg. The catering project consisted of a full visual turnkey delivery of all the ships provision stores. Additionally, ALMACO

The World Shipping Council (WSC) expressed gratitude to EUNAVFOR on the launch of Operation ASPIDES, a defensive maritime security operation to safeguard freedom of navigation in the Red Sea - and adjacent international waters. The Red Sea

BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renew

SSY,the worlds largest independent shipbroker has announced the appointment of ship finance expert, Ali Susanto to the newly created role of Global Co-Head of SSY Finance, effective immediately. Widely recognised as one of the most experien

The Columbia Group is delighted to announce it has signed a Memorandum of Agreement (MoA) with Multimarine Services with the vision to explore and identify collaborative projects in the maritime and energy sectors. The MoA will see Multimar

To further diversify and expand fleet, Seacon Shipping announced on February 18 that it had inked orders for four 18,500 dwtoil/chemical tankers with Fujian Southeast Shipbuilding in total of $129.2 million. The four newbuildings are expect