Shipping
Core Power ramps up Japan operations as US$500m funding round nears completion
(Posted on 19/10/24)CORE POWER is building the world’s first Maritime Civil Nuclear Programme in the OECD with a potential market of US$5.6 trillion by 2060. The company is also nearing completion of its Series B funding round of US$500 million to finish the technology designs and build the program.Founded in 2018, CORE POWER is a UK-based innovation...
Concern over RightShip's age limit reduction for Bulker vetting inspections
(Posted on 18/10/24)The International Association of Dry Cargo Shipowners (INTERCARGO) members have voiced deep concerns regarding RightShip’s recent decision to reduce the age limit of bulk carriers eligible for vetting inspections, as discussed during the Association’s Executive Committee meeting held in London on 15th October.In a statement...
Four Damen Combi Freighter 3850s ordered by Reederei Bernd Sibum
(Posted on 18/10/24)German family-owned shipping company, Reederei Bernd Sibum, has placed an order with Damen Shipyards Group for the construction of four Combi Freighters (CF) 3850. These vessels, scheduled for delivery in early 2026, are hybrid ready, designed to enhance the sustainability, efficiency, and lifespan of Reederei Bernd Sibum's fleet...
ClassNK’s world first notation for ships using green steel for NYK Bulker
(Posted on 18/10/24)ClassNK has granted the class notation ‘a-EA (GRS)’ to ‘BRIGHT QUEEN’, the bulk carrier operated by NYK Bulk & Projects Carriers Ltd., certifying the use of green steel. This is the world’s first case of a notation being affixed for using green steel in a vessel.There’s a growing focus on...
Veson: Decarbonisation regulations reducing average speed of bulker fleet
(Posted on 14/10/24)Estimated carbon emissions from bulk carrier vessels have fallen by 5 million tonnes, or 2.5%, since the beginning of 2021, despite an increase in the distance travelled and time spent underway according to new research by Veson Nautical, a global leader in maritime data and freight management solutions.The research, published in...
Danica and IMEQ collaborate for safety and wellbeing
(Posted on 14/10/24)Danica Crewing Specialists has partnered with the Innovative Maritime Emotional Intelligence Centre (IMEQ) to offer a comprehensive service which will help Danica’s ship owners to enhance safety through monitoring the mental health and wellbeing of their seafarers and taking proactive measures to address any areas of concern...
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