Shipping

IMO’s Legal Committee (21-25 March) approved a circular on Guidance on the impact of the situation in the Black Sea and the Sea of Azov on insurance or other financial security certificates. (LEG.1/Circ.12). 

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel this week, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, the Brazilian multinational petroleum corporation, based on the agreement signed in February 2020.

Crowley has successfully managed the acquisition of the MV Honor, the first vessel acquisition under its contract to help recapitalize a sealift fleet with the U.S. Maritime Administration.

Tototheo Maritime has been appointed as official distributor and service partner for Danelec in Greece.

"INTERCARGO is calling on IMO, member states and governments to engage effectively with the involved countries and local authorities to ensure safe passage out of danger for ships and their crews.

Idwal, a global leader in vessel inspections, has announced the opening of a representative office in Tokyo, Japan, headed by experienced maritime professional, Mr. Kempu Arisawa.

Crowley has joined forces with Insurtech MGA, Loadsure to help accelerate the development of proprietary smart technology serving the global cargo and freight insurance market by investing in the $11 million Series A funding round.

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel which is also one of the world’s first dual-fuel and amongst the most environmentally friendly VLCCs in the market.

Norsepower has announced an agreement signed with CLdN, the logistics specialist for road, sea and rail, to install two tilting Rotor Sails on board a 2018-built Ro-Ro vessel to improve ship fuel efficiency and carbon emissions reduction. Preparations are currently taking place with the installation anticipated to be completed by December 2022.

The technology group Wärtsilä will supply main and auxiliary engines, fuel storage tanks, gas handling equipment and electrical systems for a new RoRo being built for Australian operator SeaRoad Shipping. The orders with Wärtsilä were placed in Q1 2022.