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KR certifies first vessel – SONGA HAWK – as ship cyber security compliant

Korean Register (KR) has completed a comprehensive cyber security survey of the chemical/oil tanker SONGA HAWK and has certified the ship to be fully compliant in all areas, the very first ship to achieve the certification.Songa Shipmanagement manages and operates 18 chemical/oil tankers and five semi-submersible vessels. The company signed a cyber security contract (valid for […]

International Chamber of Shipping issues new Coronavirus (COVID-19) guidance for shipping industry

The International Chamber of Shipping (ICS) has issued brand new guidance for the global shipping industry to help combat the spread of the Coronavirus (COVID-19). The comprehensive 22-page document has been produced in collaboration with prominent international bodies including: The World Health Organization (WHO) The International Maritime Organization (IMO) The European Centre for Disease Prevention […]

Wärtsilä has decided to reorganise its Marine Business

Wärtsilä has decided to reorganise its Marine Business into three independent businesses. The objective of this change is to accelerate strategy execution, simplify the business structure, and strengthen business presence in the Board of Management. The new businesses, consisting of Marine Power, Marine Systems and Marine Voyage, will be operational as of 1 July 2020. […]

Fleet Xpress feeds capability for subsea data streams with second project for Nekton Research Institute

5 March 2020: Inmarsat’s Fleet Xpress, the world’s leading maritime broadband service, has once more been chosen to provide the connectivity backbone enabling images captured by the deep ocean research institute, Nekton from the floor of the Indian Ocean to be transmitted to audiences worldwide. The Nekton Institute is an independent, not-for-profit research institute working in […]

ABB and DNV GL make history with first vessel cybersecurity verification

In a milestone for the marine industry, ABB’s solutions on board a large passenger ship have been awarded cybersecurity verification from classification society DNV GL As a result, this vessel became the industry’s first to achieve system compliance under DNV GL’s framework for integrated cybersecurity. The state-of-the-art cybersecurity resilience for the vessel was enabled by […]

ITIC warns members of fraudulent invoices relating to coronavirus testing

ITIC, the International Transport Intermediaries Club, has been receiving an increasing number of reports of fraudulent invoices being submitted to vessel owners and managers for medical testing services following the outbreak of the coronavirus. For the shipping industry, the impact of the coronavirus is still largely unknown but a number of countries, ports and organisations […]

New IMO department will tackle key global issues through innovative partnerships

Partnerships and Projects department will focus on key global issues for international shipping, including decarbonization, marine plastic litter and biofouling. A new department has been established within the IMO Secretariat to focus on supporting Member States to tackle key global issues in the context of international shipping – and help promote sustainable development. IMO has […]

Maersk links new $5 bn revolving credit facility to its CO2 performance

Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facility maturing in 2021 and has a tenor of five […]