Moore Maritime Index proves the non-linear relationship between fleet size and running expenses

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The Moore Maritime Index “MMI”, a database that contains operating costs and revenues from more than 1,500 vessels, has been updated and is available with the 2020 data. The data comes from audited financial statements of ship owning companies only, and therefore the results produced by the Index show the “real world” of financial performance of [...]

American Hellenic joins the UN-convened Net Zero Insurance Alliance

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In the run up to the UN Climate Change Conference in Glasgow (COP26), the Net-Zero Insurance Alliance (NZIA) convened by UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) has expanded its membership, announcing today five new members from Africa, Asia and Europe as part of its efforts to build a global alliance. Among the new members [...]

Eyssautier-Verlingue reinforces its presence in Greece and opens offices in Athens

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From 1st September 2021, has set up a permanent presence in Athens, to get closer to its clients and to reinforce its presence in Greece. Eyssautier-Verlingue is the French international marine broker in Greece and has a long and strategic history with the local shipping industry. Its involvement with Greek Shipowners started in the 80’s, [...]

EURONAV successfully completes Biofuel test on Suezmax

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As one of the first in the oil tanker industry Euronav tested a B30 biofuel on a Suezmax, the Statia (2006- 150,205 dwt). The trial with the biofuel blend from energy supplier BP was successful. Lower carbon fuels will play an important role on the journey towards shipping decarbonization. Euronav is committed to accelerate the transition [...]

BSM and KIMFT cooperate to promote Korean seafarers for global shipping trades Milestone towards securing highly competent maritime manpower

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Bernhard Schulte Shipmanagement (BSM) signed a Memorandum of Understanding (MoU) with Korea Institute of Maritime and Fisheries Technologies (KIMFT), a maritime education and research institute operated by the government of South Korea. Within the framework of the “Global Employment Project for Young Korean Seafarers” BSM and KIMFT will cooperate to boost careers at sea in a [...]

DeepSea launches The 10% Initiative to supercharge energy efficiency technology implementation with Euroseas Ltd and EuroDry as first joiners

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New project provides an implementation pathway for shipping companies at any stage of their decarbonisation journey to leverage the latest technology and deliver major energy efficiency improvements DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency experts, has announced the launch of The 10% Initiative, a new project that helps ship owners and [...]

RINA’s online (live) training courses – Cybersecurity onboard (26/10/2021) & Media handling (27/10/2021)

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The Global Marine Training Centre of RINA, has launched the next online (live) courses of “Cybersecurity Onboard” on October 26th 2021 and  Media Handing on October 27th 2021 (10:00 AM – 02:00 PM, Central Europe Time, for all courses). The “Cybersecurity Onboard” course is suitable for any professional working in the maritime industry that must be aware [...]

Covid drives big demand for crew-change specialists

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Crew change specialists are in big demand from shipping companies struggling to get seafarers on or off vessels because of Covid-19 travel restrictions, an industry figure has revealed. Authorities around the world have either closed ports or introduced entry measures to prevent potential coronavirus carriers from entering their country – making it difficult for ship owners [...]

Paula Lazopoulou joins Glafka Capital

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Mrs Paula Lazopoulou has joined Glafka Capital as Partner from 1/10/2021. Paula will lead the already most successful shipping operations of Glafka in both sell side and buy side efforts. In addition, she will provide invaluable insight in corporate structuring and restructuring advisory. The addition, of Paula validates Glafka’s strong commitment to grow exponentially, and [...]

Time to recognise the value of the dry bulk sector says INTERCARGO

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As news headlines underscore the quality and flexibility of the bulk sector fleet in meeting the challenges of current trade disruptions, Dimitris Fafalios, Chairman of INTERCARGO believes that now is the time to re-evaluate the image of the bulk carrier sector and recognise the commitment of INTERCARGO members to a safe, efficient, high quality and [...]

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