International Association of Classification Societies Ltd (IACS) News
SRC Group and GREEN MARINE have signed a collaborative agreement that brings two of the strongest advocates of methanol as a marine fuel together to develop and deliver Methanol Superstorage to market. SPS Technology The cooperation aims to realise the benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies, and insurers since its launch. Using the SPS Technology Sandwich Plate System instead of traditio...
At the Posidonia trade fair, the classification society DNV presented Tsakos Energy Navigation Ltd (T.E.N.) with a certificate recognising their recently contracted vessels as the first shuttle tankers set to receive the DNV Cyber Secure Essential notation. The vessels, scheduled for completion from Samsung Heavy Industries (SHI) in 2025, will be compliant with the upcoming IACS Unified Requirements (UR) E26/27 ahead of its implementation. DNV also celebrates that 200 vessels have voluntarily c...
At the Posidonia trade fair today, classification society DNV presented Pleiades Shipping with a certificate recognising their new vessels as the first delivered to a Greek owner with the Cyber secure vessel notation. The presentation was a fitting milestone as DNV also celebrates 100 years of operation in Greece and topping 100 contracted vessels for the Cyber secure notation. Digitalisation of the maritime industry The digitalisation of the maritime industry continues to accelerate as new...
As a crucial element in the maritime sphere, insurance is almost as basic as sea water. It has also been around almost as long, with concepts of insurance dating back to Hammurabi law in ancient Babylon. The first formal marine insurance policy still recognisable now was from 1350. Lloyd’s Coffee House was the first insurance market, in the late 1680s, evolving eventually into the world’s largest insurance marketplace. Looking to the future, insurance in the maritime sector is pois...