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Funding for Cadets Boosted to £43 Million Over Next Two Years

Funding for Cadets Boosted to £43 Million Over Next Two Years

By The Maritime Executive
August 22, 2022
The future of maritime has been given a massive funding boost by the UK Government with an increase in training subsidies for cadets and ratings. Eligible seafarers will now get half of their training...
Parties Conclude Joint R&D Agreement for World's First A-FSRB

Parties Conclude Joint R&D Agreement for World's First A-FSRB

By The Maritime Executive
August 22, 2022
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasificati...
Japanese Look to Apply FSR Concept for World’s First Ammonia-FSRB

Japanese Look to Apply FSR Concept for World’s First Ammonia-FSRB

By The Maritime Executive
August 22, 2022
An R&D project underway in Japan is looking to use the concept of a vessel for floating storage and regasification, which has proven successful for LNG, to support the early development and commercial...
GasLog, Greek Shipping Leader, Chooses Powerful BASSnet Software

GasLog, Greek Shipping Leader, Chooses Powerful BASSnet Software

By The Maritime Executive
August 22, 2022
GasLog Ltd (‘GasLog’), the leading global provider of LNG shipping services, has purchased BASSnet’s end-to-end crew management software in a fully Software-as-a-Service (SaaS) solution for its office...
Maritime Executive

Marine Surveyor Sentenced to Jail for Bunker Theft Scheme

By The Maritime Executive
August 22, 2022
A marine surveyor has been sentenced to more than three months in jail for his role in a long-running bunker theft ring in Singapore, the world's largest bunkering hub.  Kumunan Rethana Kumaran, 40...
VSTEP Successfully Upgraded Three Mexican Schools

VSTEP Successfully Upgraded Three Mexican Schools

By The Maritime Executive
August 22, 2022
In December 2021, VSTEP won a contract by Fidena, the Mexican education authority. VSTEP and our local partner, Pranatec, upgraded Fidena's existing simulators to the latest version of the NAUTIS soft...
COSCO’s Newest Bulker Transports Cars Outbound from China

COSCO’s Newest Bulker Transports Cars Outbound from China

By The Maritime Executive
August 22, 2022
COSCO Shipping’s newest bulk carrier departed China late last week on its maiden voyage to South America, but instead of the normal operations sailing empty outbound to get the pulp cargo, the company...
Ocean Technologies Group Highlights Potential Risks for Ship Operators

Ocean Technologies Group Highlights Potential Risks for Ship Operators

By The Maritime Executive
August 22, 2022
From 1st September until the end of November this year the Paris and Tokyo MoUs will begin their joint 2022 Concentrated Inspection Campaign (CIC) focusing on STCW. To help ship operators reduce th...
Indian Ocean High Risk Designation to be Withdrawn at End of 2022

Indian Ocean High Risk Designation to be Withdrawn at End of 2022

By The Maritime Executive
August 22, 2022
Further reflecting the progress that has been made in reducing the danger of piracy off the east coast of Africa and into the Indian Ocean, the shipping industry plans to formally end the “High Risk A...
Hapag-Lloyd Launches Fleet-Wide Upgrades for Fuel Efficiency

Hapag-Lloyd Launches Fleet-Wide Upgrades for Fuel Efficiency

By The Maritime Executive
August 22, 2022
Hapag-Lloyd is commencing a five-year, fleet-wide upgrade program designed to make its existing vessels more efficient. The company is planning a series of steps that they said will be applied to more...

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