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Shipping

Attack on MV True Confidence – INTERCARGO statement

(Posted on 10/03/24)

The International Association of Dry Cargo Shipowners (INTERCARGO) had joined shipping industry associations in expressing our deep concern over the tragic loss of life and injuries suffered by the crew of MV True Confidence in an attack in the Red Sea on 6 March 2024.“The loss of life and injuries to civilian seafarers is...

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Diverse Algoma fleet contributes to revenue growth

Diverse Algoma fleet contributes to revenue growth

(Posted on 29/02/24)

Algoma Central Corporation has reported its results for the year ended December 31, 2023. Algoma reported revenues of $721,220, a 6% increase compared to the same period in 2022. Net earnings for 2023 were $82,870 compared to $119,966 for the same period in 2022. Prior year results included a $9,977 gain from the sale of Station...

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Liberian Registry establishes innovation and Energy Transition Team ??

Liberian Registry establishes innovation and Energy Transition Team ??

(Posted on 29/02/24)

The Liberian Registry, the world’s largest shipping registry, has furthered its commitment to the international shipping community by creating an Innovation & Energy Transition Team focused on reaching net-zero GHG emissions.“We take great pride in launching our Innovation & Energy Transition Team. This initiative...

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Swedish Club widens enhanced PEME programme

(Posted on 28/02/24)

It is well known that a healthy crew is a safe crew, and that the physical and mental wellbeing of seafarers is key. Recognising this, The Swedish Club is extending its enhanced PEME (Pre-employment Medical Examination) programme both within the Philippines, and into a number of other seafaring nations.An enhanced PEME greatly increases...

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Fleet announces strategic leadership transition in its 30th year

Fleet announces strategic leadership transition in its 30th year

(Posted on 22/02/24)

Fleet Management Limited (FLEET), the world’s largest third-party ship management company, has begun implementing a phased succession plan to ensure continuity, sustained innovation and success as it enters a new era.After three decades as Managing Director since the company’s inception, Dr Kishore Rajvanshy is transitioning...

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OceanScore: Asian shipowners face hefty EU-bound emissions liabilities

(Posted on 22/02/24)

Asian shipowners with vessels sailing to and from Europe are likely to face estimated emissions liabilities of over €1 billion once the EU Emissions Trading System (EU ETS) is fully implemented, with companies registered in China and Singapore bearing the highest burden, according to OceanScore.The Hamburg-based maritime technology...

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