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Shipping

 Caravel and Fleet sign the Neptune Declaration

Caravel and Fleet sign the Neptune Declaration

(Posted on 27/01/21)

The Caravel Group and Fleet Management have signed the Neptune Declaration on Seafarer Wellbeing and Crew Change. Developed by a taskforce of stakeholders from across the maritime value chain, the Neptune Declaration calls for a worldwide action to end the unprecedented crew change crisis caused by Covid-19.“Travel restrictions...

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ICS launches new flag state table

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...

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RightShip and INTERCARGO new quality standard

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...

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Chevron keeps ships sailing amid VLSFO challenges

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...

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Coles to leave Wallem

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...

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Seanergy announces $179m restructuring

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...

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