Latest News
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Decarbonization
ClassNK Issues Approval In Principle For Ammonia-Fuelled
ClassNK has granted Approval in Principle (AiP) for a new ammonia-fuelled bunkering vessel. This innovative vessel is a collaborative effort…
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Shipbuilding
MOL and SMT link up on direct reduced iron shipping
In a significant move towards sustainable shipping, Japanese shipowner Mitsui OSK Lines (MOL) has announced a partnership with Cyprus-based dry…
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Shipbuilding
Strategic mindset sought for US Navy shipbuilding and repair, says GAO report
In a critical response to a recent report from the Government Accountability Office (GAO), the U.S. Navy is reaffirming its…
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Decarbonization
Valmet receives an automation order for two cable-laying
Valmet has announced a significant order for a marine methanol fuel automation control system, intended for two cable-laying vessels. This…
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Shipbuilding
‘Tradition isn’t working’: Navy’s ineffective management adds to construction
WASHINGTON — A recent report from the Government Accountability Office (GAO) has highlighted significant inefficiencies in the Navy’s shipbuilding management,…
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Bulk Carrier
Crewmember Requires Medical Evacuation in Latest Singapore Strait Incident
Authorities in Singapore are taking swift action following an unauthorized boarding of a chemical tanker in the Singapore Strait, resulting…
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Bulk Carrier
Bulgarian Bulker Saves 34 Fishermen From Burning Boat in the Indian Ocean
A Bulgarian bulker named Eleen Armonia recently made headlines for its heroic act of rescuing 34 fishermen from a burning…
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Bulk Carrier
Costamare Reverses Course Planning to Spilt Boxship and Bulker Businesses
Costamare, a prominent owner and provider of containerships and dry bulk vessels for charter, recently revealed its decision to split…
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Decarbonization
Evaluation and financing is provided to Kawasaki Kisen
ClassNK, in collaboration with the Development Bank of Japan Inc. (DBJ), has assessed the LNG-fueled car carrier ‘OCEANUS HIGHWAY’ owned…
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Decarbonization
MOL, KEPCO Sign MoU to Collaborate on Carbon Credit Project
Mitsui O.S.K. Lines, Ltd. (MOL) and The Kansai Electric Power Company (KEPCO) have signed a memorandum of understanding (MoU) to…
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