Singaporean aluminum boat builder Strategic Marine has delivered another fast crew boat (FCB) to Truth Maritime Services (TMS) in Thailand.Following the successful handover of the first two Gen 4 FCBs, TMS RANOD and TMS RAMAN, in 2024, these vessels have been operating efficiently and meeting the needs of TMS’s clients.
The GTT Group, through its smart shipping arm Ascenz Marorka, has signed an agreement with global provider of multi-segment shipping services TMS Group to provide smart shipping solution to its entire fleet of fleet of over 130 ships.The agreement includes TMS Dry, TMS Bulkers, TMS Takers and TMS Cardiff Gas, encompassing a fleet of tankers, bulkers
The latest high-tech rigid hull inflatable boat (RHIB) from Annapolis, Md. based boatbuilder Ocean Craft Marine (OCM), the 11.5-meter Offshore Interceptor, is the result of an innovation push involving some of the industry’s top players.“The design itself is an evolution of existing designs we've done, but taking it to the next level,” said Todd Salus, OCM vice president of operations.
Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said.The price cap introduced by the Group of Seven countries does not allow Western companies to provide insurance and transport services for Russian oil sold
ZIM Integrated Shipping Services Ltd. announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve across ZIM's various global trades.Seven of the vessels will be chartered to ZIM by Containers Ventures Holdings Inc.
The CMA CGM Group has announced the winners of its first CMA CGM Startup Awards.The international competition, organized in partnership with BFM Business, La Tribune and ZEBOX, attracted over 400 entries from innovative startups. 60 finalists, including 34 French startups, were selected to present their projects.
A partnership between Iceland's TM Insurance and Hefring Marine promises to bring the 'big brother is watching' mantra foward faster in marine operations.Touted as an AI -driven ‘digital assistant’, the primary target for this offering are the helm stations of fast craft, and according to Hefring Marine, IMAS Helm addresses both accident prevention and fuel efficiency
Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335 million bill this year, potentially rising to €1bn once the regulation is fully implemented, according to OceanScore.