Shipping
Alfa Laval invests in air lubrication for sustainable shipping
(Posted on 11/07/21)Air lubrication for marine vessels is a developing solution that will radically reduce fuel consumption and environmental impact. Having acquired a minority stake in Marine Performance Systems B.V., a Rotterdam-based maritime technology company, Alfa Laval will be instrumental in making this long-sought technology a commercial reality...
ADMA and Columbia to Introduce training programmes
(Posted on 05/07/21)Abu Dhabi Maritime Academy (ADMA), a subsidiary of Abu Dhabi Ports, has signed a Memorandum of Understanding (MoU) with Columbia Shipmanagement (CSM) for the development of training programmes, as well as the provision of consultancy services focused on the applications of alternative fuels, efficiency enhancement and Artificial...
METIS establishes Singapore subsidiary
(Posted on 05/07/21)Maritime data analytics specialist METIS Cyberspace Technology has opened a fully owned subsidiary in Singapore, in a move enhancing service capabilities for the increasing number of shipping companies based in Southeast Asia signing up to its solutions.Continuing its global growth strategy, the Singapore operation provides a focus...
ClassNK enhances support for zero-emission transition
(Posted on 05/07/21)Leading Classification Society ClassNK has proclaimed its roles to support the transition of the shipping business to zero-emission.While efforts to build a decarbonized society are being accelerated such as through strengthened GHG reduction targets in various countries and with the progress of sustainable finance, a framework...
Strong bulk market leads Norden to raises expectations again
(Posted on 01/07/21)Following increases in dry cargo market rates and strong performance in the Dry Operator business unit, NORDEN has raised its expectations for the full-year 2021, Adjusted Result to USD 140-200 million (approximately DKK 870-1,250 million), up from USD 110-160 million.The new guidance is based on continued increases in forward freight...
IOMSR appointed by first Chinese ship owner
(Posted on 01/07/21)The Isle of Man Ship Registry (IOMSR) has been appointed by its first Chinese shipowner to flag the 82,000 DWT bulk carrier Transcenden Wisdom presently under construction at Tsuneishi Group’s Zhoushan shipyard in China.The ship will register with the IOMSR upon delivery in August and operate under the technical management...
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