Shipping
Algoma growth amidst changing markets and economic challenges
(Posted on 09/08/23)Algoma Central Corporation has reported its results for the three and six months ended June 30, 2023."This year we have focused on driving long-term value for our stakeholders by optimizing our diversified growth, while maintaining our operating vigilance in changing markets," said Gregg Ruhl, President and CEO of Algoma. "Historically...
INTERCARGO Warning against complacency over liquefaction deaths
(Posted on 01/08/23)Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the main cause of ship losses, according to the recently published Bulk Carrier Casualty Report 2013-2022 from INTERCARGO.The document was submitted to the International Maritime Organization in May...
HEMEXPO and DNV agreement on energy-saving devices capability assessment
(Posted on 01/08/23)Hellenic Marine Equipment Manufacturers and Exporters – a leading suppliers and exporters association for the international shipping sector, has reached an agreement with the world’s leading classification society, DNV, for the assessment of energy-saving devices (ESDs) produced by HEMEXPO member companies.Under the...
DNV and UAE to establish Maritime Decarbonization Centre
(Posted on 25/07/23)At a ceremony at the IMO headquarters in London, H.E Suhail Al Mazrouei, United Arab Emirates (UAE) Minister of Energy and Infrastructure, and Knut Ørbeck-Nilssen, CEO DNV Maritime, representing the Foundation Det Norske Veritas, have signed a Memorandum of Understanding (MOU) on establishing a new UAE Decarbonization Centre...
Jamaica and Canada agreement to benefit seafarer training
(Posted on 25/07/23)Jamaica and Canada have signed a Reciprocal Recognition Agreement to enable seafarers from the two countries to work on ships sailing under the Jamaican or Canadian flags.The agreement was signed at the London headquarters of the International Maritime Organization on Monday by Joanna Manger, Director General, Marine Safety &...
Damen to supply Air Cavity System to Amisco for reduced emissions
(Posted on 19/07/23)Damen Shipyards Group has announced the first sale of its innovative Damen Air Cavity System (DACS) to Amisco. With its ambition to become the world’s most sustainable shipbuilder, Damen has developed DACS to support maritime operators in their efforts to reduce fuel consumption and emissions.Damen will retrofit the DACS system...
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