Classification society Korean Register (KR) and Ulsan Port Authority (UPA) have signed an MOU to support methanol-fueled ships and establish the South Korean port as a low-carbon, eco-friendly energy hub.The agreement was made in response to the low-carbon energy transition underway in the shipping and port industries. Methanol is a clean burning marine fuel which produces 99% less sulfur oxides (SOx)…
Safetytech Accelerator, a non-profit established by Lloyd’s Register, has confirmed that UK maritime insurers, the UK P&I Club and TT Club, have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).The Initiative, launched in February 2023…
As technology feasibility continues to grow for methanol as a marine fuel, the main challenges for the industry’s adoption of it are investment and community readiness, according to a new report from Lloyd’s Register (LR).The report, 'Fuel for Thought: Methanol'…
DNV will acquire Helsinki-headquartered cyber security services firm Nixu following a public tender offer which resulted in DNV taking ownership of more than 93% of Nixu’s shares. DNV will combine its cyber security businesses with Nixu following…
Classification society ABS said it is using advanced modeling and simulation technologies to develop emergency response methods to assist ports and crew in responding to ammonia leaks or spills.It is the first step toward a comprehensive and fast ammonia release response system…
A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…
Classification society Lloyd’s Register (LR) said it has awarded statement of compliance (SOC) certification to German marine engineering specialists MARSIG for its searecs electronic record book. The platform offers an electronic alternative…
Classification society ClassNK announced new sets of guidelines to aimed at safer and more efficient ocean container transport. The new 'Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)' and 'Guidelines for Parametric…
Knut Ørbeck-Nilssen, CEO Maritime, DNV, says that while progress towards industry decarbonization should be applauded, it must be accelerated. Shipping needs to work together, in tandem with other sectors and stakeholders, if we’re to stand a hope of reaching our most ambitious…
ABS’ support for the development of autonomous technology at sea took another step forward with the granting of approval in principle (AIP) to Hyundai Heavy Industries Group (HHI Group) for four areas of autonomous functions: navigation, machinery health management…
Classification society ABS announced it has appointed veteran offshore industry leader Miguel Hernandez to head its offshore division. The former MODEC general manager of sales and marketing is now ABS Senior Vice President of Offshore Business Development…
Classification society ClassNK announced it has opened a new exclusive surveyor office in Rome, Italy with operations beginning August 1, 2022.ClassNK said it has opened its newest office, located at the center Italian Peninsula, in response…
The EVER ALOT, the largest container ship in the world, with just over 24,000 teu capacity, has been delivered to ABS class.The vessel is the latest in a series of nine being built by Hudong-Zhonghua Shipbuilding in China to ABS class. The 400…
Classification society DNV said it has recently approved several projects for digital infrastructure solutions developed by COSCO, Kongsberg Digital and Samsung Heavy Industries (SHI).According to DNV, digitalization of the maritime industry is set to radically enhance the operational efficiency…
Sun Feng formerly a CCS vice president, was named Chairman and President, taking over from Mo Jianhui, who retired.In a handover ceremony at CCS headquarters in Beijing, Sun paid tribute to Mo, praising his contribution to CCS.“Mr. Mo oversaw the rapid growth of our classed fleet…