Shipping
ShipMoney extends crew payment solutions to entire BSM fleet
(Posted on 06/10/22)ShipMoney has expanded its agreement with Bernhard Schulte Shipmanagement (BSM) to include the ship manager’s global fleet.Extending the existing agreement to the worldwide fleet reinforces BSM’s commitment to digitizing its payment processes to enable greater financial management efficiencies for all crew wages and...
SAFEEN strategic agreement to own and operate five bulkers
(Posted on 01/10/22)SAFEEN Feeders has signed a major agreement with Invictus Investment to launch a new international dry bulk shipping service.Under the terms of the agreement, the two companies will purchase ships through Special Purpose Vehicles, owned 85% by SAFEEN Feeders, part of the AD Ports Group, and 15% by Invictus Investment. In addition...
World Maritime Day message must extend beyond shipping
(Posted on 01/10/22)Never has the theme of this year’s World Maritime Day - ‘New technologies for greener shipping’ - been so in tune with the focus of the ship owning community, says INTERCARGO.“The future is uncertain,” said the association in a statement, “But one certainty we do have is that reducing emissions...
ClassNK issues AiP for ammonia bunkering vessel
(Posted on 01/10/22)ClassNK has issued an Approval in Principle (AiP) for an ammonia bunkering vessel (ABV) developed by Nippon Yusen Kabushiki Kaisha (NYK Line). This is the Society's first AiP for ABVs.Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are...
IOMSR strikes four ship deal with MX Bulk
(Posted on 28/09/22)The Isle of Man Ship Registry (IOMSR) is expanding its fleet after securing a new deal with fellow Isle of Man based ship owner MX Bulk.The agreement will see the IOMSR flag four new 63,878 MT bulk carriers presently being built by the Tsuneishi Group in Zhoushan, China. The vessels include the recently delivered Ellan Manx and...
DNV and SIT to promote decarbonization and digitalization
(Posted on 25/09/22)DNV has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT) to explore opportunities to advance net-zero ambitions in Singapore’s maritime sector and actively support the new generation workforce.As part of the three-year partnership, DNV Maritime Decarbonization & Autonomy Regional...
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