Fincantieri has strengthened its relationship with its suppliers by signing a reverse factoring agreement, initially for three years, with Bank Paribas member BNL Group and the latter’s factoring specialist Ifitalia, to allow suppliers to the Italian shipbuilding giant to unfreeze…

ClassNK Chairman and President Noboru Ueda has annopunced that the Japanese classification society will commit ¥2.2 billion ($25 million) in research and funding as part of its participation in a national joint R&D program to reduce maritime greenhouse gas (GHG)…

The Liberian Registry has breached the 100m tons gross mark with the delivery of the 50,792 dwt bulk carrier Sanko Mercury at Oshima Shipbuilding Company in Nagasaki.

“In the past five years alone, the Liberian Registry has grown by 40m…

The International Transport Intermediaries Club (ITIC) says it has seen an increase in the number of professional indemnity claims made against the professional service providers who are its members. And it warns that the increase is likely to continue as…

Two passengers, a German and an Italian, have been killed and six others injured after the 1992-built cruise vessel Louis Majesty was hit by freak waves reported to be up to 8m high while en route from Barcelona to Genoa…