BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility.
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EST-Floattech Receives €4 Million Investment
Developer of maritime battery systems EST-Floattech has received an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy.Energy Transition Fund Rotterdam is in...
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Aussie Pumps Releases New Bronze Pump
Australian Pump Industries (Aussie Pumps) has launched a 4-inch NiAl bronze self-priming pump with hydraulic drive.The new pump, called the B4XRA/B HYD34, produces 2,200 lpm and can operate at up to 42psi. It can also lift water through a vertical…
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Ultimate Boats Delivers Recyclable Patrol Boat
Glasgow boatbuilder Ultimate Boats has delivered a recyclable patrol boat to fellow Scottish organisation Loch Lomond & The Trossachs National Park Authority.The bespoke vessel is 11 meters in length with a 3.1 meter beam. It features six permanent…
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KR Verifies HMM’s GHG Reduction Calculation Methodology
KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company.The methodology is based on the Renewable Energy Directive II, a regulatory…
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Orca AI Platform Helped Fleet Cut CO2 Emissions
Maritime technology company Orca AI has calculated that its automated situational awareness platform achieved significant operational gains for clients in 2023, including a 172,716-tonnes reduction in CO2 emissions and fuel savings.The drop was attribu...
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ICS Publishes Anti-Bullying Principles
The International Chamber of Shipping (ICS) has launched a set of industry principles for establishing effective measures to combat and eliminate harassment and bullying in the maritime sector.The principles have been published against the backdrop…
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Almaco Completes Two Projects for Carnival Jubilee
In October 2023, Almaco successfully delivered a project for the newbuild Carnival Jubilee at Meyer Werft shipyard in Papenburg. The catering project consisted of a full visual turnkey delivery of all the ship’s provision stores.Additionally…
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Maritime AI Company to Support INTERPOL
Maritime AI company Windward has announced a partnership with INTERPOL, the International Criminal Police Organization, to assist in their mission of facilitating a secure maritime environment.Windward’s Maritime AI will provide intelligence to help id...
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Blue Wasp Marine Awarded AiP for Wind Performance Prediction Software
RINA has awarded an Approval in Principle (AiP) for Blue Wasp Marine’s Pelican performance prediction software for wind-assisted ships.With this, Pelican has become the first software of its kind to have received class recognition.Pelican, the product ...
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