The American Club has been steadily taking measures to manage disruption, retreating reinsurance, social inflation, geo-political conflict, regulatory changes, investment volatility, crew competency and shortage issues, and most importantly constantly updating and adapting its risk profile assessment and an alignment in rating strategy to maintain resiliency for the future.
Star Bulk Carriers Corp. (“Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, and Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle”), one of the world’s largest owner-operators within the midsize dry bulk vessel segment, announced that the companies have entered into a definitive agreement to combine in an all-stock merger on a Net Asset Value to Net Asset Value (“NAV”) basis with a pro forma market capitalization of approximately $2.1 billion1.
Headway delivered a keynote speech on OceanGuard® LFSS and other Headway’s low carbon solutions at the 2023 Design and Technology Promotion Forum on the second day of Marintec China 2023.
ABS issued an approval in principle (AIP) to Lemissoler Navigation for its design of a 65K DWT methanol-fueled Ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry, according to a press release of Lemissoler.
More than 45 maritime industry technical leaders attended the 36th Hellenic Marine Technical Committee Meeting of Bureau Veritas Piraeus, that was held on Wednesday 22nd November 2023 at Grand Hyatt Hotel, Athens.
The Council is the executive organ of IMO and is responsible, under the Assembly, for supervising the work of the Organization.
IMO Assembly approves decision of Council to appoint Mr. Dominguez Velasco as Secretary-General with effect from 1 January 2024.
Ship design, particularly the design of bulk carriers, presents particular challenges when it comes to the decarbonisation of existing vessels, a forum of INTERCARGO members and guests in Athens has heard.
To the candidate of Cyprus, Despina Panagiotou Theodosiou, Co-CEO of Tototheo Maritime™, the International Maritime Organization (IMO) decided to award the first prize for Gender Equality (IMO Gender Equality Award).
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