Shipping
Bulk capesize Index launched
(Posted on 03/10/19)S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, has announced it will launch the first Dry Bulk Capesize Earnings Index, named the CapeT4 Index, reflecting ton-mile demand on four key time charter equivalent (TCE) assessments on 1st October, 2019...
ClassNK’s sulphur compliant booklet
(Posted on 03/10/19)Leading Classification Society ClassNK has released its “Booklet for ship crew members: Precautions concerning change-over to 0.50% sulphur compliant fuel oils” to address the IMO regulation on the new sulphur limit for fuel oil used on board ships beginning 1 January 2020. The precautions outline potential risks for...
Britannia adds strength in Singapore
(Posted on 03/10/19)Britannia P&I's Managers, Tindall Riley, has added four new colleagues to their Singapore team. This expansion reinforces Britannia’s strategy of developing its regional hubs, bringing service closer to Members. TR(B) Singapore was established in September 2018 (taking over from the former exclusive correspondent of almost...
ISSA president invited on to EMAC
(Posted on 03/10/19)Saeed Al Malik, President of the International Shipsuppliers & Services Association (ISSA), has been invited to join the Board of Trustees of the Emirates Maritime Arbitration Centre, EMAC.It follows the issuing of a decree by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai...
IRClass opens office in Doha
(Posted on 27/09/19)Leading Classification Society the Indian Register of Shipping (IRClass), has opened an office in Doha at the Qatar Financial Centre (QFC).Commemorating the office opening, a function was held at the Sheraton Grand Doha Resort and Convention Hotel which was attended by a large number of senior delegates from Indian Embassy, Qatar...
S&P affirms Swedish Club ratings at 'A-'
(Posted on 27/09/19)The Swedish Club is delighted to report that S&P Global Ratings has affirmed its 'A-' long-term insurer financial strength and issuer credit ratings on The Swedish Club.The ratings agency commented on The Swedish Club’s sturdy operating performance, driven by disciplined underwriting and strong risk controls and a solid...
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