Shipping
ICS launches new flag state table
(Posted on 25/01/21)The International Chamber of Shipping (ICS) has published the latest Flag State Performance Table (2020/2021) which finds that many of the largest flag states – including the Marshall Islands, Hong Kong (China), Singapore as well as the Bahamas and Cyprus– continue to perform to an exceptionally high standard, with traditional...
RightShip and INTERCARGO new quality standard
(Posted on 25/01/21)RightShip and INTERCARGO have announced the launch of an important new quality standard for the dry bulk sector, DryBMS. The standard will be governed by a new NGO to be established later this year and will support the improvement of safety in the dry bulk segment.INTERCARGO represents the interests of quality dry bulk shipowners...
Chevron keeps ships sailing amid VLSFO challenges
(Posted on 19/01/21)Chevron Marine Lubricants has helped ship owner customers identify and manage a distinctive engine condition challenge associated with the widespread switch to low-sulphur fuels.Some ship owners using very low-sulphur fuel oil (VLSFO) have reported build-up of red deposits on piston crowns and top edges, sometimes combined with...
Coles to leave Wallem
(Posted on 19/01/21)The board of Wallem Group have announced that Chief Executive Frank Coles has resigned and will be leaving the Wallem Group shortly.Wallem Group is a leading provider of technology driven maritime solutions, offering services supporting the complete lifecycle of a vessel from newbuilding supervision to end-of-life recycling guidance...
Seanergy announces $179m restructuring
(Posted on 14/01/21)Seanergy Maritime Holdings Corp. has announced that it has reached final agreements with certain of its senior lenders and junior lender, for the financial restructuring of a total of $179 million, consisting of four senior credit facilities (the “Senior Facilities”), three junior credit facilities (the “Jelco...
IOMSR seafarer welfare app goes live
(Posted on 14/01/21)The Isle of Man Ship Registry has formally launched the first ever seafarer welfare app designed by a flag state.Isle of Man Ship Registry director Cameron Mitchell said the app, named ‘Crew Matters’, has been developed in partnership with Liverpool-based training company Tapiit Live and is the most advanced of its kind...
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