Europe

Star Bulk Carriers has penned commitments to sell and leaseback 16 vessels with four financial institutions in exchange for receiving $274.1m.

Wage agreements negotiated by the International Transport Workers’ Federation (ITF) can now be applied to Greek-flagged, oceangoing vessels, replacing the higher pay scales traditionally negotiated by Greek shipowners and the Panhellenic Seamens...

Large tanker owner Euronav say the boom in the floating storage market has come off quicker than expected.

Maritime UK has urged employers to participate in a first survey launched into how employers can support good mental health in the maritime sector.

The flag, coastal and port authorities from eight countries have met virtually on Tuesday to launch and develop the Maritime Autonomous Surface Ships (MASS) in ports.

Inmarsat, Shell Shipping and Thetius have jointly launched a new crew welfare open innovation challenge for start-ups and SMEs to identify technologies that can improve overall crew safety, health and wellbeing at sea.

Shipping’s capital providers should take a close look at the residual values of financed assets, warned Dr Anil Sharma, founder and ceo of GMS, the world’s largest cash buyer of end-of-life ships, during a webinar on ship recycling regulations...