Shipping
Algoma’s stronger quarter signals promising close to the year
(Posted on 04/11/24)Algoma Central Corporation has reported its results for the three and nine months ended September 30, 2024. Algoma reported third quarter revenues of $204,644, compared to revenues of $205,888 in 2023. Net earnings for the 2024 third quarter were $39,914 compared to net earnings of $35,745 for the same period in 2023. All amounts...
Urgent need for updated medical guide for ships
(Posted on 04/11/24)Marine Medical Solutions, a key player in maritime healthcare, is raising awareness to the urgent need for an updated edition of the International Medical Guide for Ships, last published in May 2007. This guide, essential for providing medical care onboard ships, serves as the primary reference for pharmacies that supply the list...
KCC makes move into wind with bound4blue eSAIL system on newbuild
(Posted on 31/10/24)A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has entered into an agreement with the builder of the CABU III newbuildings, Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd, to install its first ever Wind Assisted Propulsion System (WAPS) with two bound4blue eSAILs suction...
KCC makes move into wind with bound4blue eSAIL system on newbuild
(Posted on 31/10/24)A subsidiary of Klaveness Combination Carriers ASA (“KCC”) has entered into an agreement with the builder of the CABU III newbuildings, Jiangsu New Yangzi Shipbuilding Co. Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd, to install its first ever Wind Assisted Propulsion System (WAPS) with two bound4blue eSAILs suction...
Partnership to launch maritime Know-Your-Customer data platform
(Posted on 31/10/24)Baltic Exchange has launched a Know-Your-Customer (KYC) platform to give the maritime sector greater access to company data to support informed decision making and meet increased regulatory obligations.KYC is a regulatory requirement in the banking and financial services sectors to ensure businesses do their due diligence on customers...
Minerva turns to Dualog to boost fleets wide data transfer needs
(Posted on 31/10/24)Minerva Dry Inc. (managing 11 Bulk Carriers and 3 Container Vessels), Minerva Marine Inc. (managing 54 Oil tankers) and Minerva Gas Inc. (managing 5 LNG Carriers) have strengthened their ability to transfer data from their fleet vessels to their offices by deploying Dualog’s data transfer service Dualog Drive. With this update...
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