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Shipping

METIS establishes Singapore subsidiary

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...

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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...

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Strong bulk market leads Norden to raises expectations again

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...

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IOMSR appointed by first Chinese ship owner

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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Vaccination delays causing crew shortages

(Posted on 01/07/21)

Costs are rising in the crewing sector and crew shortages are beginning to be seen as Covid-19 travel restrictions and vaccination delays impact the availability of trained seafarers, warns Danica Crewing Services.Noting recent changes in the availability of crew members, Henrik Jensen, Danica Managing Director, said that the Eastern...

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DNV adds new class for cloud-based simulation

DNV adds new class for cloud-based simulation

(Posted on 28/06/21)

DNV has revised its ST-0033 Maritime Simulator Systems standard with the introduction of a new class D for all function areas covering cloud-based simulation. The new standard sets an industry first, and DNV is ready to begin certification of simulators that are compliant.The use of remote methods to deliver training programmes...

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