News

UK-based Lloyd’s Register (LR) has granted Approval in Principle to Dalian Shipbuilding Industry Co. (DSIC), and MAN Energy Solutions for an ammonia-fuelled 23,000 TEU Ultra-Large Container Ship (ULCS) concept design....

Classification society DNV GL has developed new class rules and a class notation ‘Gas Fuelled LPG’ for using liquefied petroleum gas (LPG) as fuel in anticipation of growing industry interest ahead of IMO 2020 and...

China Merchants Energy Shipping (CMES), a part of the China Merchants Group, has finalized its order for the construction of four new-generation very large crude carriers (VLCCs). The compatriot Dalian Shipbuilding...

Seafarers are increasingly alarmed by the prospect of being criminalized for problems through no fault of their own, linked to the enforcement of the 0.5% cap on the sulphur content of fuel, Maritime professionals’ union...

London-based ship manager V.Group has appointed John Adams as managing director of V.Ships UK Ltd, based in Glasgow. John brings a wealth of experience from 30 years at Teekay Shipping, most recently holding the position of...

There is a concern that the incoming IMO sulphur cap may generate a spike in hull and machinery (H&M) claims, especially linked to machinery breakdowns, the International Union of Marine Insurance (IUMI) said in its...

Singapore-based ship owner and operator Grindrod Shipping Holdings is extending a deadline to acquire a 33.25 percent stake of one of its two JV partners in bulk carrier owner and operator IVS Bulk. “Grindrod Shipping...

Classification society Korean Register (KR) and LNG carrier owner and operator Hyundai LNG Shipping (HLS) have signed a memorandum of understanding (MOU) to conduct joint research on the application, verification and...

The Australian Competition & Consumer Commission (ACCC) has issued a discussion paper seeking comments on a possible class exemption for ocean carriers providing international liner cargo shipping services to and...

Short-sea operator Unifeeder has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator, the company announced. As informed, the remaining 23% shareholding in the group will be...