Shipping
Better safeguarding measures needed to support cadets at sea
(Posted on 07/05/25)Cadets are increasingly struggling to complete their cadetships due to a shortage of available placements onboard.In some instances, this scarcity has reportedly led to situations where individuals in positions of influence have taken advantage of cadets seeking essential sea time.According to the Institute for Human Rights and...
Algoma focuses on reliable service and fleet improvements
(Posted on 07/05/25)Algoma Central Corporation has reported its results for the three months ended March 31, 2025. Algoma reported revenues of $107,201, compared to revenues of $109,214 in 2024. Net loss for 2025 was $23,280 compared to a net loss of $17,253 for the same period in 2024. Due to the closing of the canal system and the winter weather...
ClassNK releases ‘Prime Shipmanagement Guidelines’
(Posted on 01/05/25)ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable ship management with safety as the highest priority. Evolving environment surrounding ship management, including fuel transition, stricter regulations, and crew shortage, ClassNK aims to enable flexible responses to unexpected situations...
MCTC ensures quality remains at top of the table amid global tensions
(Posted on 30/04/25)In the face of unpredictable provisioning costs, port disruptions, and longer lead times MCTC has reinforced its commitment to supporting vessel crews by empowering galley teams with the necessary skills and maintaining strong operational standards.MCTC is a global maritime catering management and training business with a primary...
NORDEN raises full-year guidance for 2025
(Posted on 28/04/25)On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a global provider of ocean-based freight services for bulk and project cargo of all sizes, has upgraded the 2025 full-year guidance and now expects a net profit in the range of USD 50 – 130 million (previously USD 20 –...
INTERCARGO welcomes ILO recognition of seafarers as key workers
(Posted on 28/04/25)The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision at the International Labour Organization (ILO) to officially recognise seafarers as key workers under the Maritime Labour Convention (MLC).This long-anticipated outcome represents a significant step in ensuring fair treatment, safeguarding...
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