Shipping
Diverse Algoma fleet contributes to revenue growth
(Posted on 29/02/24)Algoma Central Corporation has reported its results for the year ended December 31, 2023. Algoma reported revenues of $721,220, a 6% increase compared to the same period in 2022. Net earnings for 2023 were $82,870 compared to $119,966 for the same period in 2022. Prior year results included a $9,977 gain from the sale of Station...
Liberian Registry establishes innovation and Energy Transition Team ??
(Posted on 29/02/24)The Liberian Registry, the world’s largest shipping registry, has furthered its commitment to the international shipping community by creating an Innovation & Energy Transition Team focused on reaching net-zero GHG emissions.“We take great pride in launching our Innovation & Energy Transition Team. This initiative...
Swedish Club widens enhanced PEME programme
(Posted on 28/02/24)It is well known that a healthy crew is a safe crew, and that the physical and mental wellbeing of seafarers is key. Recognising this, The Swedish Club is extending its enhanced PEME (Pre-employment Medical Examination) programme both within the Philippines, and into a number of other seafaring nations.An enhanced PEME greatly increases...
Fleet announces strategic leadership transition in its 30th year
(Posted on 22/02/24)Fleet Management Limited (FLEET), the world’s largest third-party ship management company, has begun implementing a phased succession plan to ensure continuity, sustained innovation and success as it enters a new era.After three decades as Managing Director since the company’s inception, Dr Kishore Rajvanshy is transitioning...
OceanScore: Asian shipowners face hefty EU-bound emissions liabilities
(Posted on 22/02/24)Asian shipowners with vessels sailing to and from Europe are likely to face estimated emissions liabilities of over €1 billion once the EU Emissions Trading System (EU ETS) is fully implemented, with companies registered in China and Singapore bearing the highest burden, according to OceanScore.The Hamburg-based maritime technology...
VIKAND supports V.Ships Greece with mental health training
(Posted on 22/02/24)VIKAND, the global leader in maritime healthcare, is providing V.Ships Greece with officer training programmes designed to improve mental health and wellbeing onboard, and to reduce incidences of self-harm and suicide at sea.The training modules aim to increase the officers’ knowledge and understanding of mental health issues...
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