Itic issues risk warning for ship managers
The International Transport Intermediaries Club (Itic), a mutual insurer which offers professional indemnity cover for transport intermediaries in various industries, has cautioned ship managers about the risks and costs associated with failing to meet contractual... more
Cooperation with customs authorities fosters trade
IAPH was honoured to welcome Ricardo Treviño Chapa at IAPH World Ports Conference for the launch of the first evert International Association of Ports and Harbors (IAPH) World Customs Organization Guidelines on Cooperation between Customs and Port Authorities Patrick Verhoeven... more
Korean partnership to reduce CO2 in shipping
KR (Korean Register) and HD Hyundai Global Service have signed an MOU to collaborate on verifying maritime carbon reduction solutions. With increasing decarbonisation regulations, shipping firms are turning to digital technology to reduce carbon emissions more effectively.... more
Harren Group: new ship management service
Harren Group, a German maritime services and logistics provider, has added Harren Ship Management to its portfolio in response to customer feedback on existing ship management services. Harren Ship Management adopts a holistic approach to ship management, prioritising a... more
Electronic payment services for seafarers
Mitsui O.S.K. Lines (MOL) has introduced Martrust, a specialised payment service for seafarers on its vessels. Developed by the Marcura Group, Martrust offers e-wallet accounts and international debit cards to seafarers, enabling electronic payment services. This move aims... more
MOL inks long-term charter with Jera
The Japanese company Mitsui O.S.K. Lines (MOL) has signed a long-term charter deal for a newbuilding LNG carrier with a vessel operation management company funded by Jera. This marks the sixth contract with Jera for LNG carrier. The vessel will be built at the Geoje Shipyard of... more
Global shipping overcapacity: balanced by 2028?
According to Sea-Intelligence, the container shipping market is grappling with overcapacity, with 2023 and 2024 expected to see significant excess. Optimistic scenarios suggest potential rebalancing by 2028, but uncertainties around factors like demand, supply and structural... more
Digital trucking with Egim and Drive My Box
Eurogate Intermodal (Egim), a Hamburg-based provider of intermodal transport for sea containers, and Drive My Box, a digital platform for container trucking, have formed a strategic partnership to further digitise truck traffic in Germany. This collaboration has led to the... more
Three tugs delivered to Poland
Damen Shipyards has delivered three new ASD Tugs to WUZ Port and Maritime Services in Gdansk, Poland. The three tugs, including "Pax", the last of the trio, were welcomed into the fleet in a flag-raising ceremony in October. The first two, "Ares" and... more
DNV's recommended practices for AI
DNV, a risk management and assurance company, has released a set of recommended practices (RPs) to help companies safely implement artificial intelligence (AI) in critical devices, assets, and infrastructure. These RPs cover essential AI building blocks, such as data,... more