Shipping
ESL to sell Supramaxes
(Posted on 25/03/24)ESL Shipping, a leading carrier of dry bulk cargoes in the Baltic region, has signed a memorandum of understanding to sell its two Supramax class vessels Arkadia and Kumpula to companies belonging to HGF Denizcilik Limited Sirket group, a Turkish shipping and logistics company. The sale of the vessels is part of a program announced...
Sustainable fuels can reach cost parity with fossil fuels by 2035
(Posted on 25/03/24)New Wärtsilä analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy blueprint to accelerate the global transition to sustainable fuelsSustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions...
Swedish Club delivers firm foundation for future growth
(Posted on 25/03/24)The Swedish Club reported positive results for 2023, combined with an emphasis on supporting its members, strengthening its core business and structuring the organisation to prepare for the challenges the industry will face in the future.The Club’s end year results delivered a balanced underwriting result, with a combined...
DNV establishes Tanker and Bulker Expert Team in China
(Posted on 18/03/24)DNV has established a Tanker and Bulker Expert Team based in Shanghai. With strong global demand and fleet renewal planned, DNV is well prepared to support customers in these key segments.For bulkers, fleet renewal, modernization, and a focus on decarbonization and cybersecurity are driving investment in new vessels. While in the...
ClassNK notation for improvements in living and working environment
(Posted on 18/03/24)ClassNK has granted its “ELW” (Excellent Living and Working Environment) notation to “ELETTRA”, a bulk carrier owned by Fuyo Kaiun Co.,Ltd. The vessel becomes the first in ClassNK registry to have the “ELW”.As part of its “Innovation Endorsement”*1 service for innovative technologies...
Boers: crews' health should not be sacrificed while at out sea
(Posted on 15/03/24)Leading crew change specialist Boers Crew Services says the industry should be collaborating more to ensure the health of seafarers is treated as a priority, with initiatives in place such as access to blood tests while they are out at sea.Dutch company Boers Crew Services launched its new Preventative Medical Examinations initiative...
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