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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...
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...
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...
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...
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...
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...