

ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes to enable greater financial management efficiencies for all crew wages and...
SAFEEN Feeders has signed a major agreement with Invictus Investment to launch a new international dry bulk shipping service.Under the terms of the agreement, the two companies will purchase ships through Special Purpose Vehicles, owned 85% by SAFEEN Feeders, part of the AD Ports Group, and 15% by Invictus Investment. In addition...
Never has the theme of this year’s World Maritime Day - ‘New technologies for greener shipping’ - been so in tune with the focus of the ship owning community, says INTERCARGO.“The future is uncertain,” said the association in a statement, “But one certainty we do have is that reducing emissions...
ClassNK has issued an Approval in Principle (AiP) for an ammonia bunkering vessel (ABV) developed by Nippon Yusen Kabushiki Kaisha (NYK Line). This is the Society's first AiP for ABVs.Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are...
The Isle of Man Ship Registry (IOMSR) is expanding its fleet after securing a new deal with fellow Isle of Man based ship owner MX Bulk.The agreement will see the IOMSR flag four new 63,878 MT bulk carriers presently being built by the Tsuneishi Group in Zhoushan, China. The vessels include the recently delivered Ellan Manx and...
DNV has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT) to explore opportunities to advance net-zero ambitions in Singapore’s maritime sector and actively support the new generation workforce.As part of the three-year partnership, DNV Maritime Decarbonization & Autonomy Regional...