Challenges for war risk insurance
Burkhard Fischer, chairman of the Association of Average Adjusters, highlighted the complexities marine insurers face due to the Russia-Ukraine war during his address at their annual conference in London. He discussed the challenges in war risk insurance, particularly with... more
Maritime sustainability research centre launched
AD Ports Group has launched the maritime sustainability research centre, Abu Dhabi (MSRCAD), to drive maritime innovation and sustainable growth. Operated by the Abu Dhabi maritime academy under the maritime Abu Dhabi platform, the non-profit centre aims to bridge the gap... more
Wind propulsion for seven MOL vessels
Mitsui O.S.K. Lines (MOL) and its subsidiary, MOL Drybulk, will mount wind propulsion systems on seven new bulk carriers and multi-purpose vessels to enhance their environmental performance. This includes the wind challenger system, which can save up to 17% of daily fuel... more
Damen unveils fuel-flexible tug
Damen Shipyards is preparing for future maritime challenges with the development of the ASD Tug 2812 FF, a fuel-flexible tug designed to operate on various dual-fuel arrangements. Anticipating the need for zero emissions by 2050, Damen aims to have the first vessels operational... more
Western Canada – eastern Australia
Ambercor transports two mobile drilling rigs. The size of the consignment wasn’t the only challenge facing a heavy transport operation recently carried out by the Canadian specialist Ambercor Shipping. An insect measuring only about 1.5 cm across had to be taken into account... more
Thordon Bearings to retrofit Panama tugs
Thordon Bearings has secured a contract to retrofit the tailshaft bearings of 32 tugs, pilot vessels, and workboats in Panama with water-lubricated polymer bearings. This follows the successful conversion of twelve twin-screw tugs last year. The upgrades will be carried out... more
AD Ports Group eyes Chittagong terminal
AD Ports Group has signed an MOU with the Chittagong Port Authority to explore the development and operation of a multi-purpose terminal at Chittagong Port, Bangladesh. The collaboration aims to leverage AD Ports Group's expertise in global trade and logistics to support... more
Hydrogen-powered tugs set for construction
CMB Tech and Damen have signed an agreement to build four hydrogen-powered ASD tugs using CMB Tech’s dual fuel hydrogen technology to significantly reduce emissions. The contract was signed on 23 May at Albwardy Damen in Sharjah during the 27th International Tug & Salvage... more
Tarros contracts representative in Switzerland
Tarros Group has appointed O. Brunoni as its agent in Switzerland to strengthen its presence in the country, using the ports of Genoa and La Spezia as strategic gateways. This collaboration will expand O. Brunoni's services, offering Swiss customers a broader range of... more
Global ship losses fall to record low
Allianz Commercial's safety and shipping review 2024 reports a record low of 26 large ship losses worldwide in 2023, despite increasing risks from geopolitical conflicts, climate change, and the trend towards larger vessels. The South China, Indochina, Indonesia, and the... more