In Singapore at the International Union of Marine Insurance (IUMI) annual conference, Ilias P. Tsakiris, Chair of the IUMI Ocean Hull Committee, explained that the ocean hull market is returning to a “soft environment”. While the overall premium base continues to...

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The Global Centre for Maritime Decarbonisation (GCMD) today published its report on Project CAPTURED, presenting findings from the world’s first demonstration of a complete carbon value chain for onboard captured carbon dioxide (CO2). This is the first of a two-part...

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Iron ore futures rose for a fifth straight session on Monday, supported by a sharp fall in shipments from a major supplier and resilient steel exports in top consumer China. The most-traded January iron ore contract on China’s Dalian Commodity Exchange TIO1! closed...

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BIO-UV Group, the global leader in UV-based water treatment solutions, has successfully developed and tested a containerised ballast water treatment system designed initially for the floating offshore wind sector. With the rapid development of floating offshore wind...

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Mitsui O.S.K. Lines, Ltd. yesterday announced that it has obtained approval in principle (AiP) from a classification society, Lloyd’s Register (LR) for two new different designs of a membrane-type LNG carrier equipped with four units of Wind Challenger, a hard sail...

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ClassNK has issued an approval in principle (AiP) for an ammonia fuelled LPG/NH₃ carrier, applied for jointly by Kawasaki Heavy Industries, Ltd. and MITSUI E&S Co., Ltd. The certification demonstrates its feasibility from regulatory and safety perspectives....

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