SIGTTO board and AGM increase resources for technical & environmental activities

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The leading gas shipping industry body SIGTTO (the Society of International Gas Tanker and Terminal Operators) held its first face-to-face Board and 42nd Annual General Meeting (AGM) since COVID-19 on 18 November 2021, with Naftomar Shipping & Trading hosting and sponsoring the session in Athens, Greece. The board and AGM discussed governance, finance, policy, the [...]

UK P&I Club launches Lessons Learnt video on enclosed space refrigeration maintenance incident

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UK P&I Club has released its latest video in a series of award-winning reflective training videos, based on a real-life incident where two men narrowly escaped serious injury while testing an emergency fire pump. The animated video depicts the situation where as part of a third-party survey, the surveyor, with the assistance of the chief engineer, were carrying out a test on the emergency fire [...]

ABS Evaluates the Latest Battery Technologies

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The potential of emerging battery technologies to contribute to the decarbonization of shipping is explored in the latest sustainability technology guidance from ABS. Emerging Battery Technologies in the Maritime Industry covers the different technologies relevant to maritime applications, giving pros and cons for each and analyzing their maturity compared to today’s lithium-ion batteries. Battery technologies [...]

ShipServ Premium Profile expanded Captain Nemo’s exposure

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The shipping industry today is experiencing unprecedented challenges. Volumes are up, ports are congested, and new protocols for environmental and personal safety are creating pressure on technical operations to do more with less available time and resources. Fortunately for the Shipping industry, there are already tools at hand to help companies succeed – and even [...]

INTERCARGO supports the drive and the ambition to achieve zero emission shipping by 2050

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INTERCARGO commented on the proceedings of International Maritime Organization’s Marine Environment Protection Committee meeting this week (IMO’s MEPC 77, 22-26 Nov. 2021): “Given the harsh realities and the tremendous challenges of decarbonisation and of the associated energy transition, from technological, economic, and societal points of view, INTERCARGO fully supports the drive and the ambition to [...]

ClassNK obtains ISO27001 certification

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Leading Classification Society ClassNK has obtained the certification of ISO27001*, which is an international standard on information security management, from Japan Quality Assurance Organization (JQA) on 12 November 2021. The certification by the third-party demonstrates that ClassNK Information Technology Department secures and manages information of clients in accordance with ISO27001. In recent years, cyber threats, [...]

Coal, Controls and Queues: China’s Freight Market Drivers

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SSY Research look at three ways in which China can shape the dry bulk freight market in the coming months: 1. Coal: How will import volumes be shaped ahead of what is expected to be a severe winter given international and domestic supply tightness? 2. Controls: Further restrictions on steelmaking and iron ore sintering. 3. Queues: The [...]

Weekly Shipping Market Update / Week 46 / 15th November – 21st November 2021 By Thomas Chasapis, Research Analyst of Allied Shipbroking

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It is rather difficult to describe the current situation in the dry bulk sector, given the disarray that has been noted in the freight market during the past few weeks or so. The big step back in earnings halfway through the 4th quarter of the year, makes this shake up reasonable at the moment. As [...]

Intermodal Weekly Market Report / Week 46 -Tuesday 23rd November 2021 By Zisis Stylianos, SnP Broker

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Inflation is the word that has dominated the meetings of foreign leaders and finance ministers in recent weeks, as rising energy costs, supply chain disruptions and monetary easing by states to support the economic recovery has in turn triggered concerns over the trajectory of growth from now on. According to the Financial Times, the consumer [...]

Weekly S&P Report – November 22, 2021 By Xclusiv Shipbrokers

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Another outbreak has reached China’s mainland and once more, severe measures are being imposed in line with the country’s zero-Covid strategy to combat the COVID-19 pandemic. In fact, the city of Dalian, one of China’s major ports, is the most recent example of the implementation of heavy measures as the city is forced into lockdown [...]

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