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Charterparty Risks: A Vessel Description "Without Guarantee"

Charterparty Risks: A Vessel Description "Without Guarantee"

By Dr. Arun Kasi
September 16, 2021
In time charterparties, shipowners will warrant the capabilities of the vessel, including its speed and fuel consumption. It is quite common for the charterparties to have a “vessel description” claus...
Dealmaker KKR Acquires Norway’s Ocean Yield for $830M

Dealmaker KKR Acquires Norway’s Ocean Yield for $830M

By The Maritime Executive
September 16, 2021
Deal-chasing private equity giant Kohlberg Kravis Roberts (KKR) is set to acquire Norwegian shipowner Ocean Yield. The two companies announced Monday that U.S.-based KKR will take control of Ocean...
Africa's Maritime Cyber Security Progress After the Transnet Attack

Africa's Maritime Cyber Security Progress After the Transnet Attack

By The Maritime Executive
September 16, 2021
On Thursday, the Institute for Security Studies (ISS) brought cybersecurity professionals together in a webinar to discuss Africa’s maritime security preparedness. The event is a response to the Trans...
Decline in Brazil's Coffee Exports Linked to Container Shipping Crisis

Decline in Brazil's Coffee Exports Linked to Container Shipping Crisis

By The Maritime Executive
September 16, 2021
With no end in sight for the international shipping crisis, the Council of Coffee Exporters Brazil (Cecafe) has warned of persistent difficulties in the shipment of coffee to overseas customers. Despi...
OrbitMI & DTN Partner to Enrich Shipping Weather Data

OrbitMI & DTN Partner to Enrich Shipping Weather Data

By The Maritime Executive
September 16, 2021
[By: DTN] DTN, a leading data, analytics and technology company, has partnered with OrbitMI, a global provider of maritime software and data products, to transform weather analytics and improve out...
ABS and DSME to Develop Very Large Liquefied CO2 Carrier

ABS and DSME to Develop Very Large Liquefied CO2 Carrier

By The Maritime Executive
September 16, 2021
[By: ABS] ABS and Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) are to jointly develop designs for a 70,000 CBM very large, liquefied CO2 (LCO2) carrier. The joint development project...
ABS Hosts Webinar on Mitigating Natural Hazard Risks

ABS Hosts Webinar on Mitigating Natural Hazard Risks

By The Maritime Executive
September 16, 2021
[By: ABS] In the past ten years, the financial impact of natural hazard events globally has been almost three trillion dollars! With the greater globalization of businesses, the potential to be par...
FUELSAVE Secures €3.4M to Scale Up Emissions Reduction Technology

FUELSAVE Secures €3.4M to Scale Up Emissions Reduction Technology

By The Maritime Executive
September 16, 2021
[By: FUELSAVE] German cleantech provider FUELSAVE has secured €3.4M in fresh funding to expand its team and scale up the production of its advanced combustion conditioning technology FS MARINE+. Le...
Kongsberg Digital to Deliver 'Vessel Insight' to Island Offshore Fleet

Kongsberg Digital to Deliver 'Vessel Insight' to Island Offshore Fleet

By The Maritime Executive
September 16, 2021
[By: Kongsberg Digital] Kongsberg Digital is proud to announce that it has signed a contract to deliver its Vessel Insight infrastructure solution to the entire Island Offshore fleet of 26 highly a...
Nautilus Labs & TotalEnergies Expand Partnership to Cut Emissions

Nautilus Labs & TotalEnergies Expand Partnership to Cut Emissions

By The Maritime Executive
September 16, 2021
[By:  Nautilus Labs]  Nautilus Labs, the technology firm advancing the efficiency of ocean commerce, has expanded the pilot phase initiated with TotalEnergies, the French broad energy company that...

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