UK SETS MINIMUM WAGE FOR INTERNATIONAL SEAFARERS
The United Kingdom finalized a new law on March 23 that compels shipping lines operating at UK ports to provide seafarers pay levels commensurate with the country’s minimum wage laws regardless of the nationality...
U-MING TAKES DELIVERY OF 4TH LNG-POWERED BULKER DESTINED FOR ANGLO-EASTERN
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has delivered the fourth liquefied natural gas (LNG)-powered bulk carrier to Taiwanese bulk carrier company U-Ming Marine.
As disclosed, the delivery and the naming ceremony took place at the...
RESEARCHERS STUDY MAERSK SHIPS TO REDUCE UNDERWATER NOISE
Researchers working with Maersk published the results of a long-term study focusing on vessel designs that would reduce radiated noise levels and source levels from commercial ships sailing in the ocean. Produced in a...
VANTAGE DRILLING ANTICIPATES RISE IN RIG DAY RATES AND FLEET UTILISATION TO HIGHEST LEVEL...
Offshore drilling contractor Vantage Drilling has disclosed its operational and financial performance for the fourth quarter and full-year 2022 while revealing its expectations that the future will bring further growth in day rates and...
NEW SOFTWARE HELPS VESSEL OPERATORS DIAL IN THE CII OF THEIR CHOICE
Ship CII ratings have a direct impact on vessel value, according to recent brokerage data, and on earnings as well. Shipowners have an incentive to dial in the right CII for a vessel in...
DAMEN INSPECTION OF CSD650 AND MUC1506 TECHNICAL
Technical acceptance of Damen CSD650 and MuC1506
At the Damen Dredging yard in Nijkerk, the Netherlands, the Cutter Suction Dredger (CSD) 650 Krakatoa has been inspected by its owner before shipment. The client has accepted...
DUTCH SHIPOWNERS RALLY BEHIND WIND-PROPULSION
Four Dutch shipowners will pioneer the 3rd generation of VentoFoils produced by eConowind, becoming active ambassadors of the solutions.
Namely, Boomsma Shipping, Vertom Group, Van Dam Shipping, and Schram Shipping have been the early developers...
THE OCEAN PROJECT EU – UN HIGH SEAS TREATY
Agreed on March 5th, 2023, and expected to be covering almost two-thirds of the ocean that lies outside national boundaries, the new UN ‘High Seas Treaty’ is set to provide a legal framework for...
MARITIME, MINING, AND ENERGY MAJORS TO CREATE A GREEN CORRIDOR FOR IRON ORE
A new consortium comprising UK-based mining company Anglo American, Tata Steel, CMB, VUKA Marine, Freeport Saldanha, and ENGIE plans to explore the options for developing a maritime green corridor for the zero-emission shipping of...
HAMBURG PORT AND ELBE CLOSED AS PILOT BOATS JOIN PUBLIC SECTOR STRIKE
A public employees strike has effectively closed the Port of Hamburg, Germany’s busiest seaport and the second busiest in all of Europe, for 48 hours. Port officials began limiting vessel movements on the Elbe...