Stories written by elnavi

The European Parliament supports the UGS proposals for the EU ETS in shipping

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The Union of Greek Shipowners (UGS) proposals for the revision of the EU ETS Directive regarding the shipping sector are supported by the vast majority of the European Parliament, recording a cross-party political consensus in the votes. The principles adopted by the ENVI Committee are fully reflected in the Plenary report. The commercial operators of the ships must [...]

Farewell event for Stamatis Bourboulis of Euronav

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After 17 years in the helm of Euronav Ship Management Hellas (ESMH) Mr. Stamatis Bourboulis met his colleagues and partners at a farewell cocktail that took place at Golf Club Glyfada. Mary Rapti, HR Manager of Euronav expressed her respect for cooperating with Stamatis Bourboulis and presented the new general manager Michael Malliaros and promised [...]

Seanergy Maritime added a Modern Capesize Vessel and rung Nasdaq’s closing bell

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With the intention to substitute the company’s oldest vessel M/V Gloriuship Seanergy Maritime Holdings Corp.  has acquired a modern Capesize vessel from a major Japanese company. The M/V Gloriuship will be spun-off under United Maritime Corporation and will benefit Seanergy’s average fleet age and overall operating margin. The new vessel, will be renamed M/V Honorship, [...]

BV delivers “CLEANSHIP SUPER” notation to Aframax tanker “Green Admire”, verifying vessel’s pollution control credentials

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Bureau Veritas (BV), a world leader in testing, inspection and certification, has supported the design, construction and entry into operation of the Aframax tanker, ‘Green Admire’, the first of a series of 4 vessels, which has been delivered to Aegean Shipping Management SA on Friday 24th June 2022 by COSCO Yangzhu in China.  Despite its [...]

2050 Not Achievable Without Carbon Capture Says ABS Chairman, President and CEO

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“Carbon capture is going to be a key transformational technology for shipping to achieve net zero emissions by 2050. It will be critical to addressing the challenge before us, which is the sheer gradient of the curve. At the moment we can only see the outline of a solution to get us to 2050. But [...]

Danaos presents DT4GS project aiming at the smart green shipping

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DT4GS aims at delivering an “Open Digital Twin Framework” for both shipping companies and the broader waterborne industry actors to tap into new opportunities made available through the use of Digital Twins(DTs). The project will enable shipping stakeholders to embrace the full spectrum of DT innovations to support smart green shipping in the upgrade of [...]

Posidonia 2022: An event that brings all the players together; to build strong relationships and get inspired by the challenges

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After two hard years due to the Covid pandemic, Posidonia 2022, the world’s most prestigious and oldest shipping event, welcomed back the global maritime community. One Tech Group participated in the resumption of the global maritime calendar’s most anticipated event, Posidonia 2022, with a very impressive booth of 100m² recognising the leading role that the [...]

Boost in orders for ships below 8,000 TEU drives order book to 17.3% of fleet

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In October 2020, the order book for new container ships bottomed out at 8.4% of the combined trading fleet. For ships smaller than 8,000 TEU, the order book bottomed out one month later at 3.7% of the trading fleet, and only accounted for 18.2% of the total container order book. Interest in the smaller segments, [...]

Xclusiv Shipbrokers S&P Report 27th June, 2022

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As June is coming to an end, we complete the first half of 2022. So, now it is the perfect timing to summarize and review S&P activity in the first semester of 2022, for both tanker & dry bulk markets. In the dry market, lower freight rate levels compared to the first semester of 2021, [...]

Intermodal Weekly Market Report for week 25 2022 By Chara Georgousi, Research Analyst

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LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent fall of gas flows to Europe from Russia, resulting in whipsaw patterns in gas prices in the EU/US. The EU/US Taskforce to reduce Europe’s dependence on Russian gas held a meeting [...]

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