IMO Takes Steps Towards Protecting Oceans And The High Seas

IMO Takes Steps Towards Protecting Oceans And The High Seas

Ships plying their trade across the world’s oceans are subject to stringent environmental, safety and security rules, which apply throughout their voyage. The comprehensive regulatory framework developed by IMO for international shipping has been highlighted during a United Nations oceans conference in New York, United States (4-17 September). The conference is taking the first steps…

True Cost Of Operating Oil-Lubricated Shaft Systems Revealed In Thordon Study

True Cost Of Operating Oil-Lubricated Shaft Systems Revealed In Thordon Study

Thordon Bearings has published a study highlighting the commercial and environmental benefits of seawater-lubricated propeller shaft bearing arrangements, indicating that shipowners can make substantial operational savings by giving up the outdated oil lubricated shaft. The study, the findings of which were presented for the first time during the SMM 2018 trade fair in Hamburg, Germany,…

Cargill, Rainmaking And DNV GL Launch Second Stage Of CO2 Challenge

Cargill, Rainmaking And DNV GL Launch Second Stage Of CO2 Challenge

“We’ve had a positive response to the CO2 challenge,” said George Wells, Global Head of Assets and Structuring at Cargill. “We have the opportunity to meet some of the start-ups in person at SMM in Hamburg and we are impressed with the technologies and new ideas. As the CO2 challenge continues, we are confident that…

Fit For Purpose: Are Your Bunker Clauses 2020 Ready?

Fit For Purpose: Are Your Bunker Clauses 2020 Ready?

Technical, regulatory and financial aspects of the 2020 global fuel sulphur cap regime understandably loom large in people’s minds. But the importance of the contractual dimension should not be overlooked. BIMCO is forging ahead with an all-encompassing 2020 Clause for charter parties, which should be published in November. You may however be fixing long-term business…

DNV GL And DSIC Sign JDP To Develop LNG Fuelled 23,000 TEU ULCV

DNV GL And DSIC Sign JDP To Develop LNG Fuelled 23,000 TEU ULCV

Interest in alternative fuels has moved from the margins to the centre of the maritime world as environmental regulations designed to reduce shipping’s emissions to air come into effect. For many operational uses, the combination of technical maturity, efficiency, availability, and emissions reduction mean that liquefied natural gas (LNG) is now a viable solution. “In…

Hapag-Lloyd Becomes First Shipping Company To Receive “DNV GL Excellence Green Star” Certificate For Ship Recycling

Hapag-Lloyd Becomes First Shipping Company To Receive “DNV GL Excellence Green Star” Certificate For Ship Recycling

Container shipping line Hapag-Lloyd is the first company to receive the “DNV GL Excellence Green Star” certificate in recognition of its compliance with the highest standards in ship recycling. Knut Ørbeck-Nilssen, CEO of DNV GL – Maritime, presented the certificate to Hapag-Lloyd COO Anthony J. Firmin at the SMM trade fair in Hamburg. “In 2007,…

China Tops The List Of Leading Maritime Nations Of The World 2018 – DNV GL & Menon Report

China Tops The List Of Leading Maritime Nations Of The World 2018 – DNV GL & Menon Report

The new report follows up the 2017 report by Menon and DNV GL on the “Leading Maritime Capitals of the World”, but shifts the focus to an extensive review of the maritime industry at the national level. The 30 nations were ranked by size and magnitude on all four key maritime pillars and their subgroups….

Bureau Veritas Joins Hands With [bluester] For Integrating Its Digital Platforms

Bureau Veritas Joins Hands With [bluester] For Integrating Its Digital Platforms

As from 4th September, by co-operation agreement signed on the SMM in Hamburg, Bureau Veritas is integrating its digital platforms with the [bluester] online marketplace and providing independent vendor qualification services to its users. Desktop and global online verification of [bluester] listed service providers by Bureau Veritas will add to the safety, reliability and efficiency…

SHI Awarded Another Shuttle Tanker Order By AET

SHI Awarded Another Shuttle Tanker Order By AET

Samsung Heavy Industries Co., Ltd. (“SHI”) revealed on 3rd that it won another 152,700 DWT Suezmax-sized shuttle tanker from Singapore’s AET. This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price is not disclosed in detail but recorded a slight increase. SHI has been leading the shuttle…