Shipping
Co-investment for leading dry bulk carrier in Baltic region
(Posted on 11/02/24)Varma Mutual Pension Insurance Company has agreed to co-invest EUR 15 million alongside OP Finland Infrastructure LP in ESL Shipping, a subsidiary of Aspo Plc. As a result, the combined investment into ESL Shipping managed by OP Finland Infrastructure LP rises to a total of EUR 45 million at the closing of the transaction.ESL Shipping...
Big hitters endorse InterManager’s new General Principles
(Posted on 11/02/24)DNV, Lloyd’s Register, and Steamship Mutual have all given their backing to the aims and objectives of the General Principles. Endorsements from Flag States’ and maritime leaders are anticipated to follow swiftly.Knut Ørbeck-Nilssen, DNV CEO, Maritime, declared: “As a leading classification society and a...
Idwal appoints shipping authority Andersen to lead new department
(Posted on 02/02/24)Idwal has announced the appointment of Frank Andersen, a shipping industry veteran with over 25 years of experience, to lead its new Transactional Services department. The creation of the department and Andersen's appointment are the latest steps as Idwal continues expanding its services and customer focus.Idwal has inspected 15...
OCS and MHSS offer mental health visits on bulker in industry first
(Posted on 01/02/24)Seafarers often face unique challenges that can contribute to stress and impact their mental health. Working for long periods away from home, isolation, demanding work schedules, and exposure to unpredictable and sometimes harsh environmental conditions, as well as the threat of piracy attacks and travelling through high-risk areas...
MCTC confirms its commitment to sustainability
(Posted on 01/02/24)Leading catering management provider MCTC has confirmed its dedication to the environment by setting out a list of measures to reduce carbon emissions produced through its own operations and bringing about positive change through education and awareness campaigns.In January, the international catering management provider began its...
ClassNK endorsement for Cydome Everlight
(Posted on 31/01/24)ClassNK has granted its Innovation Endorsement*1 for Products & Solutions to a cyber security solution "Cydome Everlight" developed by Cydome Security LTD.Cydome Everlight is a solution to support ship's full-scope cybersecurity management through real-time monitoring of onboard IT and OT assets. The solution aims to reduce...
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