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ClassNK grants Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO

ClassNK grants Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO
ClassNK has granted its Innovation Endorsement for Products & Solutions to ‘Hydroponic Vegetable Grower for Ships’ developed by HSN-KIKAI KOGYO Co., Ltd. ClassNK has confirmed that the ‘ELW’ notation (HP)*- Hydroponics, which indicates ships where efforts are...
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NYK Determines Terms and Conditions for Floating and Fixed Rate Transition Bonds

NYK Determines Terms and Conditions for Floating and Fixed Rate Transition Bonds

NYK Line has set the terms and conditions of the unsecured corporate bonds (transition bonds, No. 50 and No. 51) announced on November 12. Transition Bond Summary (Floating Rate Bond) Transition Bond Summary (Fixed Rate Bond) Prior to the execution of the transition...
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Russia fails to win back seat on UN shipping agency’s council

Russia fails to win back seat on UN shipping agency’s council
Russia failed on Friday to win enough votes to rejoin the U.N. shipping agency’​s governing council despite urging countries to back its nomination for a ‌seat it lost in 2023. The outcome is another blow for Russia which also failed to secure enough ‌support in...
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MAMII brings European maritime leaders together to accelerate methane measurement and abatement

MAMII brings European maritime leaders together to accelerate methane measurement and abatement
Discussions addressed how industry and regulators can speed up credible measurement and abatement solutions across global fleets. The Methane Abatement in Maritime Innovation Initiative (MAMII) hosted its first event in Brussels last week, bringing shipowners, engine...
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Easing Red Sea crisis might squeeze LR rates amid ballooning fleet

Easing Red Sea crisis might squeeze LR rates amid ballooning fleet
The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normalization of flows...
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