The president and CEO of Columbia Group has called for a shift in the traditional ship management model towards a more integrated partnership approach, arguing that the future of the industry lies in closer alignment between shipowners and managers.Leading integrated platform in maritime, logistics, leisure and hospitality and offshore...
DNV has delivered the European Maritime Safety Agency (EMSA) commissioned multi-year study “Safety of hydrogen for use in ships,” culminating in a final report and a non-mandatory guidance document. The study concludes that design based safety is required for hydrogen-fuelled ships and recommends secondary enclosures...
InterManager has expressed serious concern about the worsening security situation affecting commercial shipping in the Middle East Gulf and the Strait of Hormuz.In light of the recent attacks on merchant vessels in the region, InterManager is urging ship managers, owners and operators to exercise extreme caution and carefully evaluate...
The International Association of Dry Cargo Shipowners (INTERCARGO) has expressed deep concern over the rapidly evolving security situation in the Gulf waters and the Strait of Hormuz, stressing that the safety and wellbeing of seafarers must remain the industry’s overriding priority.INTERCARGO is deeply saddened by reports...
Mental health experts are warning that if the industry does not remove barriers for women at sea, it risks losing the next generation of talent and leaders altogether.Women at sea often face hidden pressures, working twice as hard to prove their competence while dealing with balancing family and work life as well as breaking down...
Algoma Central Corporation has reported its results for the year ended 31 December 2025. Algoma reported revenues of $761,056, compared to revenues of $703,444 in 2024. Net earnings for 2025 were $143,025 compared to $91,638 in 2024. The Company reported 2025 EBITDA of $230,987 compared to $200,494 in 2024. All amounts reported...