Shipping
Sailors’ Society milestone in reshaping wellness at sea for cadets in Africa
(Posted on 04/05/26)Global maritime welfare charity Sailors’ Society and ITF Seafarers’ Trust are celebrating the successful completion of their year-long transformative partnership in Africa.Together, they have equipped more than 1,000 cadets and marine engineering students through leading maritime institutions in Ethiopia, Ghana, Tanzania...
Cydome: Turning off AIS while transiting Hormuz offers false sense of security
(Posted on 29/04/26)Leading maritime cyber solutions expert Cydome is advising shipmanagers with assets transiting high-risk waters that disabling a vessel’s Automatic Identification System (AIS) is creating a false sense of security, as the vessel’s location and position can remain electronically visible.In a Cydome research paper published...
Norden upgrades 2026 full-year net profit guidance
(Posted on 29/04/26)On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 – 140 million (previously USD 30 – 100 million). In Q1 2026, Group net profit amounted to USD 11 million (DKK 72 million) driven by strong Tanker performance, however offset by weak results...
Wirana outlook shows ship recycling prices holding steady
(Posted on 29/04/26)Ship recycling prices across key recycling destinations have remained broadly stable despite weaker conditions in steel markets, cautious buying and pressure on steel prices, Wirana Shipping’s latest market outlook report has shown. The report points to a market in which ship recyclers are largely maintaining their prices...
ClassNK AiP for fmmonia-fuelled panamax bulk carrier
(Posted on 23/04/26)ClassNK has issued an Approval in Principle (AiP) for an Ammonia–Fuelled Panamax Bulk Carrier Equipped with an IMO Type B Independent Fuel Tank developed by Planning and Design Center for Greener Ships.This marks the world’s first AiP for a ship with Type B tanks installed on the exposed deck. The certification demonstrates...
bound4blue completes eSAIL installation on Klaveness newbuild
(Posted on 23/04/26)bound4blue has announced completion of the installation of two 24-metre eSAILs onboard the Klaveness Combination Carriers (KCC) newbuild MV Baltazar. bound4blue’s unique suction sails, capable of delivering double digit fuel savings and compelling regulatory gains, were fitted onboard the latest of KCC’s CABU III projects...
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