Korean Register (KR) has awarded an AIP (Approval in Principle) to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding Offshore Engineering (HD KSOE) for their innovative Technical Procedures and Methodology for Implementation of

Panamas Directorate General of Merchant Marine Rafael Cigarruista (centre) The Panama Maritime Authority (AMP) and Panamas main maritime associations concluded the meetings for the revision of the General Merchant Marine Law, law 57 of Augu

Lost in Transit Disruption to crude exports is nothing new, however recent geopolitical events have highlighted the precariousness of crude exports in some parts of the world, particularly where exports involve transiting another nation. In

Recently, Bank of Communications Financial Leasinghas successfully launched a five-year LNG ship financingprojectwith Standard Chartered Bank and ICBC, with a total amount of $200 million. This project is the first ship financingproject lin

Most routes have sufficient space and the composite index continues to fall Ningbo Containerized Freight Index: In the week ending May-5, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 705.5 point

Slow steaming has been long touted as a vital component in meeting Carbon Intensity Indicator (CII) requirements, a benefit that leading broker Clarksons has largely refuted following research by its green transition team. Clarksons claims

On May 10, CSSC (Hong Kong) ShippingCompany signed a financialleasingcontract with Italian company MOBYfor two luxury ro-ro passenger ships. [Photo: CSSC Shipping] The two ships were built byGuangzhou Shipyard International. GSI has been eng

ABS joined Korean industry leaders in the signing of a memorandum of understanding (MOU) to produce a feasibility study for a near-shore floating platform of green hydrogen production and liquefaction. ABS joins the Korea Institute of Energ

Signal Maritime examines the impact of clean commodity flows and the new trends coming to freight using data from Signal Ocean The end of the first quarter of this year brings strength potential for the clean LR2 segment, as the volume of c

International shipbroker IFCHOR GALBRAITHS (IG) will be providing offshore brokerage services in the oil and gas market following its acquisition of Norwegian offshore specialist UNO Offshore. Founded in 2010, with a seven strong team based

May 8, 2023, the general assembly approved the yearend result for 2022 for the DESMI Group - a record-high net revenue of DKK 1,880 million and a profit before tax of DKK 199.5 million, which is considered very satisfactory under the given

Vesconite Bearings has received its China Classification Society (CCS) Certificate of Works Approval. This was announced by Vesconite Bearings Quality Control Manager Jaco Prinsloo, who notes that the certification is valid for four years a

Brazil remains on track for a record maize harvest this year, and exports could rise 8% in 2023. Brazil could thereby become the worlds largest maize exporter this year, which would partially offset weaker harvests in the US, Argentina, and

9 May 2023 London, United Kingdom. Women in Transport, a non-profit organisation dedicated to promoting diversity and equity in the transport sector, is launching a groundbreaking initiative to promote gender diversity and equity in the tra

Hans Eirik Onarheim, CEO at Globetech Lars Erik Lune, CEO Telenor Maritime Globetech is a leading provider of ICT technology and services for vessels and floating offshore installations worldwide. Its expertise in delivering safe and reliab