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OpenCLM 3.0 makes integration in IT landscapes even easier

PROSTEP has launched the new version 3.0 of its digital thread solution, OpenCLM, which can now be integrated into customers’...
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EU economy greenhouse gas emissions: -7.1% in Q3 2023

In the third quarter of 2023, EU economy greenhouse gas emissions are estimated at 787 million tonnes of CO2-equivalents (CO2-eq),...
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Baku Shipyard deploys SSI Ship Constructor to support and streamline complex digital workflows

SSI, the leader in software, services, and expertise for the business of shipbuilding, will supply its ShipConstructor design and modeling...
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JB Rae-Smith elected UK Chamber of Shipping President

Today international shipping industry veteran, JB Rae-Smith was elected as President of the UK Chamber of Shipping, taking over from...
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ClassNK and Lovoy signed MOU to jointly explore enhanced safety at sea

ClassNK and Lovoy have signed a Memorandum of Understanding (MOU) to cooperate with development and implementation of more user-friendly Safety...
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CMB Nv Launches Its Mandatory Public Takeover Bid On Euronav NV

CMB NV (“CMB”) announces that on February 13, 2024 the Belgian Financial Services and Markets Authority (the “FSMA”) approved the...
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MOL Teams up with Australian Energy Company Woodside, South Korean Shipbuilder HD KSOE and Shipping Firm Hyundai Glovis to Study Transport of Liquefied Hydrogen

Mitsui O.S.K. Lines, Ltd. announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a...
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Republic of the Marshall Islands Maritime Administrator awards Approval in Principle for Anemoi Rotor Sails

The Republic of the Marshall Islands (RMI) Maritime Administrator has awarded an Approval in Principle (AiP) to Anemoi Marine Technologies...
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Baltic index dips on falling capesize rates

The Baltic Exchange’s dry bulk sea freight index edged down on Wednesday, snapping a three-session winning streak, as falling rates...
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Special risks of BESS (Battery Energy Storage System) for cargo insurers

To achieve the Paris Agreement goals, the adoption of renewable-energy sources has increased significantly in recent years and BESS (Battery...
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Iraq committed to OPEC, will not produce more than 4 mln bpd -minister

Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also committed to...
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Euploia Drydocks & Services Ltd has established an exclusive partnership with C.C.JENSEN to elevate vessel operations through the integration of CJC® Engine Lube Oil Filters

We are delighted to announce a new exclusive representation in the field of engine lube oil filtration systems with one...
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General notice of cancellation in respect of certain war risks

Skuld (Gjensidig) (“The Association”) has received a Notice of Cancellation from reinsurers in respect of certain war risks that are...
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The hardest job in the world’: Siberian shipyard workers brave freezing cold

A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain...
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Best’s Market Segment Report: P&I Clubs Improve Underwriting Results but Further General Increases Needed to Keep Up With Inflation

Despite a relatively benign year for pool claims in 2023, Protection and Indemnity (P&I) clubs will seek further price improvements...
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UN shipping agency working ‘tirelessly’ to solve Red Sea crisis

The United Nations shipping agency is working “tirelessly” to solve the Red Sea crisis, which is severely disrupting the global...
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Greece: Four dead in shooting at shipping company

Four people were killed — including the suspected perpetrator — in a shooting that happened at the offices of a...
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BIMCO starts work on contract for growing wind turbine market

BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind...
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Baltic index scales 1-month high on firm rates for larger vessels

The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and...
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Panama Canal does not plan transit restrictions at least until April

The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate...
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