Wrtsil Voyage has entered into a strategic partnership with Microsoft. Wrtsil Voyage is a market leader in maritime end-to-end onboard solutions with decades of experience and expertise in high-end marine Internet of Things (IoT) offerings.

A Year to Forget Although freight levels in some shipping sectors reached breath-taking highs this year, 2021 is a year to forget for tankers, particularly in the crude segment. The majority of crude tonnage (non-eco, non scrubber) was forc

Swiss based marine engine technology developer WinGD continues to invest in its RD testing infrastructure with the opening of a new collaborative Global Test Centre in Shanghai, China. The new test centre which opened on the 16 December, is

Reference is made to our last circular (Huatai CircularPNI[2021]10 issued in Aug. 2021) on fishery farm claims at Lanshan, China. In order to keep our clients posted of the changes on the geographical extent of fishery farms in that sea are

RINA issued the AIP certificate of 50K dwt Methanol Fueled MR tanker to Shanghai Merchant Ship Design Research Institute (SDARI) on 14thDecember, 2021. The ceremony for delivery of AIPcertificate was held atSDARI. From SDARIside, Mr. WANG G

On December 16, the worlds latest generation of Chang Heng Series 174,000 m3 LNG carrier jointly developed by Hudong-Zhonghua and GTT, was awarded a GDA and PCA certificate issued by four internationally renowned classification societies AB

Tanker pool manager Signal Maritime has achieved a significant increase in its Aframax Time Charter Equivalent (TCE) earnings thanks to a decision to increase the share of the fleet which has been trading west of Suez up to 70%. Repositioni

Six daily Freightos Baltic Index (FBX) indices administered by the Baltic Exchange will be used for the settlement of CME Groups new shipping container freight futures. The new contracts will be priced in USD per FEU (forty-foot equivalent)

Singapore-based consultancy says price remains key factor for scrapping decisions but sees turn of toxic tide amid growing market pressure Many shipowners remain focused on maximising profit by gaining the highest offer price when scrapping

A bit of preparation means a quicker turnaround of a claim a welcome result for both insureds and Gard claims handlers. This article focuses on claims related to crew and does not discuss cover related to passengers or others who may be abo

Shipowners, seafarers unions and maritime employer groups are establishing their own approved international network of quarantine facilities to ensure seafarers can safely join ships, despite unpredictable changes to government border polic

Title: How Norsepowers Rotor Sails assist you meet IMO GHG strategy Time: 2021-12-17 15:0016:00 Location: WMMF Live Streaming Bar（ https://wmmhk.com/zh-CN/eventShows/435276703032524800 ） Introduction: Norsepower was founded in late 2012

Nor-Shipping 2022 will now take place from 4-7 April. After the difficult decision to cancel its scheduled January exhibition and event programme, Your Arena for Ocean Solutions will now gather the global maritime and ocean industries in Os

The Poseidon Principles for Marine Insurance establish a pioneering framework to engage with the shipping industry and support net-zero insurance. 15 December 2021 Six of the worlds leading marine insurers launch a groundbreaking initiative

On December 13, Lingang Special Area Management Committee and Bank of Communications Financial Leasing signed a strategic cooperation agreement. According to the agreement, Bocomm Leasing will provide COSCO Shipping and Lingang Transportati