A significant issue exists regarding the interplay between traditional marine perils, such as a vessel grounding, and emerging threats stemming from GPS spoofing. This is particularly relevant in the context of modern cyber exclusion clauses found in s…
“GPS spoofing and groundings: Are shipowners still covered?” asks the AAA Read More »
At the end of 2023, Ulsan Port Authority, a major energy distribution hub and a pioneer of the energy transition in the region, joined DNV Korea’s Decarbonization Network. The benefits are mutual, with the network partners committed to sharing knowledg…
DNV Korea’s Decarbonization Network drives low-GHG fuel initiatives Read More »
At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the South American country’s waters on Thursday, with exports expected to resume later this month following a new U.S. license, acco…
Chevron-Chartered Oil Tankers Return to Venezuela After New US License Read More »
Ampereship, a shipbuilding company based in Stralsund that specializes in the construction of new electric solar-powered ships and ferries for inland waters, has completed its first conversion of a diesel-powered passenger ship to fully electric propul…
Ampereship Converts Passenger Ship to Fully Electric Propulsion Read More »
Transaction under new revolving credit facility will edge up shipowner’s small debt load
Genco Shipping still hot on capesize sector after $63.6m splash Read More »