Shipping
Algoma to build new Equinox self-unloading vessel
(Posted on 07/06/21)Algoma Central Corporation, a leading supplier of marine transportation services, has announced that it has entered into a contract with Yangzijiang Shipyard in Taicang City, China to build a new Seaway-Max self-unloading vessel for its domestic dry-bulk fleet.The as-yet unnamed vessel will be the first of the new Equinox 2.0 Class...
Yara agreement for ammonia-fuelled Gas Carrier study
(Posted on 07/06/21)NYK Line, Nihon Shipyard Co. Ltd. (Nihon Shipyard), and Nippon Kaiji Kyokai (ClassNK) have signed an MOU with Yara International* (Yara), Yara is a world leader in ammonia, with long experience and leading positions within global ammonia production, logistics and trade, to jointly study the practical application of an ammonia-fueled...
Norden raises full-year result expectations
(Posted on 07/06/21)Following continued strong performance in the Dry Operator business unit, NORDEN has raised its expectations for the full-year 2021 Adjusted Result to USD 110-160 million (approximately DKK 670-975 million), up from USD 75-125 million. The broad guidance range reflects expectations that are mainly based on unrealised future earnings...
NKCS adds new cybersecurity training course
(Posted on 07/06/21)ClassNK Consulting Service Co., Ltd. (NKCS) has added a new course named "Maritime Cyber Security Technical Course (Attack Method) for Responsible Officers in Land" for its e-learning cybersecurity training service.This service has been adopted by a number of ship management companies and manning companies. It has been well received...
Bimco tackles challenging carbon rules
(Posted on 31/05/21)BIMCO’s documentary experts have begun preparing charter party clauses to assist owners and charterers comply with complex new carbon regulations due to come into force in 2023.An impact study by BIMCO and several key stakeholders to identify the commercial and contractual implications of impending International Maritime Organization...
Hill Dickinson strengthens in Greece
(Posted on 31/05/21)Maritime legal specialist Hill Dickinson has strengthened its position in Greece with significant development and new appointments in Piraeus.Responding to market support and client needs, the firm has unveiled a host of new hires throughout 2020 and 2021, including expert casualty support and a refreshed Marshall Islands and Liberian...
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