General News

The introduction of Poseidon Principles into the marine insurance market will have wider reaching effects than simply promoting greenhouse gas emissions transparency, as Patrizia Kern, Chair, Poseidon Principles for Marine Insurance (PPMI)…

Allianz has released its Safety & Shipping Review 2022 indicating that 54 large ships were lost worldwide last year.

Korean Register (KR) has awarded Singapore-based Marine Technology Solution a type approval certificate for their direct and continuous CO2 emission measurement system called CARBON LENS.

Liquimar Tankers Management Services Inc. and Evridiki Navigation Inc. have received a US$3 million criminal fine and a five-year period of probation after concealing deliberate pollution.

A new maritime start-up, Palaemon Maritime, has launched a new anti-piracy vessel protection service that replaces razor wire.

Navium Marine and AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the Principles to enter into force. 

A study of the impact of a bunker levy on the tanker segment demonstrates that levies as high as $1,200 per metric tonne of fuel are unlikely to achieve the IMO’s short-term…

Lloyd’s Register (LR) is warning shipowners that certain ship’s tanks could be subjected to severe microbial attack, causing significant losses in plating thickness.

Already disrupting the shipping of container and commodity trades, sanctions against Russia are also having an impact through the actions of OEMs, class and crewing companies.

The UK Marine Accident Investigation Branch has published its report into three Wight Sky engine failures and the history of engine failures on its sister ships.

INTERCARGO has launched the 13th edition of its Benchmarking Report, noting Australia’s leading role in vessel inspections.

Maritime research and forecasting consultancy Maritime Strategies International (MSI) suggests that the Capesize bulk carrier fleet, ironically given its young age, could be impacted more by CII regulations than other bulk segments.

McAllister is utilising greenhouse gas inventory and sustainability reporting services supplied by ABS to support its fleet of more than 75 tugboats, crew boats and barges.

The US National Transport Safety Board (NTSB) has issued an investigation into the flooding and sinking of a towing vessel off the coast of Puerto Rico highlighting unsecured openings as the cause. 

With blackout incidents on cruise ships on the rise, DNV has created a new guidance titled Managing the risk of blackouts which offers best practices on how to reduce the likelihood of…