Shipping
Liberian Registry CEO announces new tool to strengthen maritime compliance
(Posted on 13/08/24)Alfonso Castillero, the Chief Executive Officer of the Liberian International Ship & Corporate Registry (LISCR), the world’s largest ship registry, has delivered opening remarks at the launch of the innovative Registry Information Sharing Compact (RISC) database. This groundbreaking initiative, created as a sovereign decision...
Oceanly challenges data ownership practices in the shipping industry
(Posted on 13/08/24)Oceanly, a leading provider of fleet performance solutions, has highlighted what it says are exploitative practices surrounding data ownership in the shipping industry. Its Managing Director, Giampiero Soncini, has issued a bold statement condemning the attempts by some maritime equipment suppliers to profiteer from shipowners by...
Shipowners call for IMO to withdraw solo night watch circular
(Posted on 13/08/24)Finland’s Groke Technologies is supporting calls made by flag states and shipowners for the International Maritime Organization to withdraw MSC/Circ.733 and other circulars, allowing for the reintroduction of trials in which a ship’s Officer of the Watch (OOW) acts as the sole watchkeeper in periods of darkness.Groke...
Wallem and COSCO enter strategic cooperation agreement
(Posted on 05/08/24)Wallem Group, a leading global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to enhance the cooperation of both organisations. Han Chao, Chairman and Party Secretary of COSCO Shipping Seafarer Management Company, and John Rowley, CEO of Wallem...
Inchcape continues expansion with new Philippines office
(Posted on 05/08/24)Inchcape Shipping Services, a leading provider of comprehensive port agency and maritime services, has announced the opening of its new office in Manila, marking a significant expansion of its service capability in the dynamic Asia-Pacific region. The new office will serve key Philippine ports, strengthening Inchcape’s global...
Algoma reports second quarter financial results
(Posted on 05/08/24)Algoma Central Corporation has reported its results for the three and six months ended June 30, 2024. Algoma reported second quarter revenues of $180,968, an 11% decrease compared to the same period in 2023. Net earnings for the 2024 second quarter were $17,464 compared to net earnings of $33,144 for the same period in 2023. Algoma...
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