Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia and achieve cost synergies.
Typically, a shipowner must fund the entire capital cost of vessel repairs from its own cash resources, although it may in exceptional cases be able to source a short-term loan from a bank or other financial institution to ensure repairs are carried out.
2021 ushers in a new cyber era for the shipping industry with the introduction of the requirement to address cyber risks in a vessel’s safety management system. This is just one of the many regulations that enter into force this year.
2020 has been the year that all the maritime industry anticipated with mixed feelings due to the implementation of sulphur cap. Although all lights were shed on COVID-19 , once again the regulatory agenda was busy within 2020 in order the maritime industry to stay on the pulse and remain sustainable.
Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia and achieve cost synergies.
The International Radiotelephony Spelling Alphabet, commonly known as the NATO phonetic alphabet or the ICAO phonetic alphabet, is the most widely used radiotelephone spelling alphabet and was developed by the International Civil Aviation Organization (ICAO), to ease communication via radio or telephone.
There has been a race to certify ballast water treatment systems in time for the 28 October 2020 revised G8 criteria deadline.
The Revised G8 criteria stems from the original guidelines for the approval of ballast water management systems which was adopted on 10 October 2008 (MEPC.174(58)).
The word “disruption” has been used and overused to the point of becoming a cliché, but there’s one area of the maritime industry that it seems to have bypassed so far: ship repair. Not anymore. Along with the many disruptions that the COVID-19 pandemic has caused, you can now add new technologies to the list.
When DNV launched the first Maritime Forecast to 2050, it was hard to imagine a situation like we find ourselves in in 2020. The COVID-19 crisis has transformed the world, our behaviour and the maritime industry in a way that is unprecedented in modern history.
Every year, at the end of September the International Shipping Community celebrates the “World Maritime Day”, which has been established and celebrated by the International Maritime Organisation (IMO).