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Classification News
LR expands advisory services | LR
This week, at Singapore Maritime Week, Lloyd’s Register (LR) will unveil its newly structured LR Advisory service, designed to help…
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News
MOL Deploys the World’s First Ammonia-fueled Capesize
On March 24, 2025, Mitsui O.S.K. Lines, Ltd. (MOL) announced a groundbreaking partnership to introduce the world’s first ammonia dual-fuel…
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News
Major Firms Unite for Green Ammonia Project in India
In a significant move towards sustainable energy, six prominent companies, including IHI Corporation and Hokkaido Electric Power Co., have signed…
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News
NYK Group Issues NYK Group TNFD Report 2024 — A Passion for
The NYK Group has released its “NYK Group TNFD Report 2024 — A Passion for Planetary Wellbeing,” highlighting its commitment…
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Bulk Carrier
Bulk Carrier Owner Fined After Ignoring AMSA Safety Order
The Australian Maritime Safety Authority (AMSA) has achieved a significant legal victory, as the Gladstone Magistrates Court imposed a fine…
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Bulk Carrier
U.S. Continues Strikes in Yemen as part of Large-Scale
On March 15, 2025, U.S. forces initiated a significant military campaign targeting Houthi positions in Yemen, aiming to neutralize threats…
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Bulk Carrier
Liberian-flagged ship KMAX Leader fined for breaches
The owner of the Liberian bulk carrier KMAX Leader has been fined $63,000 for failing to adhere to a safety…
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News
Acquisition of LBC Tank Terminals – Accelerating our
Mitsui O.S.K. Lines, Ltd. (MOL) has announced a significant acquisition, purchasing 100% of LBC Tank Terminals Group Holding Netherlands Coöperatief…
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Classification News
ClassNK has issued an approval in principle (AiP) for a large-size ammonia-powered ammonia carrier
Tokyo – ClassNK has issued an approval in principle (AiP) for a large-size ammonia-powered ammonia carrier, jointly developed by Mitsui…
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Bulk Carrier
Prices for vintage capes rise
Prices for vintage capesize bulk carriers are experiencing a significant uptick, with spot rates soaring by approximately 300% in just…
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