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.