

Following increases in dry cargo market rates and strong performance in the Dry Operator business unit, NORDEN has raised its expectations for the full-year 2021, Adjusted Result to USD 140-200 million (approximately DKK 870-1,250 million), up from USD 110-160 million.The new guidance is based on continued increases in forward freight...
The Isle of Man Ship Registry (IOMSR) has been appointed by its first Chinese shipowner to flag the 82,000 DWT bulk carrier Transcenden Wisdom presently under construction at Tsuneishi Group’s Zhoushan shipyard in China.The ship will register with the IOMSR upon delivery in August and operate under the technical management...
Costs are rising in the crewing sector and crew shortages are beginning to be seen as Covid-19 travel restrictions and vaccination delays impact the availability of trained seafarers, warns Danica Crewing Services.Noting recent changes in the availability of crew members, Henrik Jensen, Danica Managing Director, said that the Eastern...
DNV has revised its ST-0033 Maritime Simulator Systems standard with the introduction of a new class D for all function areas covering cloud-based simulation. The new standard sets an industry first, and DNV is ready to begin certification of simulators that are compliant.The use of remote methods to deliver training programmes...
Obese seafarers are more vulnerable to catching or even dying from coronavirus, studies show, making it vital that shipping companies prioritise crewmembers’ welfare by outsourcing catering management to a specialist.A World Obesity Federation report found that death rates from Covid-19 were 10 times higher in countries with...
Leading Classification Society ClassNK has updated the information on its website regarding Energy Efficiency Existing Ship Index(EEXI) and Carbon Intensity Indicator(CII) rating for ships in service, following the outcomes of MEPC76 held in June 2021. On top of providing the latest information on mandatory requirements...