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...
Japanese classification society ClassNK is launching a new service entitled “Innovation Endorsement” for certifying innovative technology.
The Greek government caught the country’s parliament by surprise on 29 July when it tabled a draft amendment that would liberalise the labour and remuneration framework for lower crew serving on board Greek-flagged merchant ships, a long-standing...
Just over 20% of Keppel Offshore & Marine’s workforce are currently working due to lockdowns at foreign worker dormitories in Singapore hit by the Covid-19 outbreak.
Brazil-based Wilson Sons’ innovation laboratory Tuglab, in partnership with the IT Management of the company’s towage division, has developed a Closed-Circuit TV (CCTV) and Network Cabling project for its fleet.
With the apparent backing of the US Navy’s 6th Fleet, Greece’s shipyard sector received several boosts this month when US-backed Onex Group signed an agreement “in principle” to take over the management of debt-laden Elefsis Shipyard, Greece’s...
Finland’s gas firm Gasum has conducted the first truck-to-ship LNG bunkering operation for a research vessel currently under construction at Fassmer shipyard in Germany.
Castor Maritime Inc. has entered into an agreement to buy a 2010-Japan-built panamax dry bulk carrier for $12.75m.
The Connecticut Maritime Association’s (CMA) CMA Shipping 2020 Conference and Exhibition will be delivered as an entirely virtual event as part of the first ever North American Shipping Week to be held from 12-16 October.
The seafarer community is in the midst of a mental health crisis due to the ongoing impact of the coronavirus (Covid-19) pandemic, a new survey by The Mission to Seafarers has shown.