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Shipping’s outdated paper chase

In an age defined by ultra-fast digital transformation, the global trade landscape remains anchored in a bygone era of paper. Despite the acknowledged benefits of going digital, international trade continues to depend heavily on paper-based documents and processes. A new OECD policy paper advocates that it’s time to abandon the archaic “paper chase” and embrace …

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DNV awards AiP to HD HHI for innovative LNGC and VLEC designs with forward accommodation and WAPS

At Gastech 2025, DNV awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for the design of next-generation LNG carriers (LNGC) and Very Large Ethane Carriers (VLEC) with forward accommodation and Wind-Assisted Propulsion Systems (WAPS). The innovative designs, featuring 174K LNGCs and 100K VLECs (Ethane/LPG carriers), are the first from HD …

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KSA warns POSCO acquisition of HMM will destroy Korea shipping ecosystem

The Korea Shipowners’ Association (KSA) on the 11th voiced strong opposition to POSCO Group (POSCO Holdings) considering an acquisition of the shipping company HMM, saying it is concerned that conglomerates entering the shipping industry will lead to the elimination of shipping-specialized corporations. In a statement released that day, the association said, “POSCO’s entry into the …

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Lloyd’s Register awards AiP to KNCC’s Elevated Pressure LCO₂ cargo system

Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Knutsen NYK Carbon Carriers (KNCC) for its Elevated Pressure Liquefied Carbon Dioxide (LCO₂-EP) cargo containment system. The AiP was awarded in a ceremony at Gastech 2025 in Milan. Designed to transport LCO₂ at elevated pressures, KNCC’s system reduces the need for ultra-low carriage temperatures, simplifying …

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Support Grows For India’s New Maritime CCTV Rules

Zelim is calling on international regulators and flag states to follow India’s lead on enhancing maritime safety and security, following the country’s introduction of new rules requiring the use of Closed-Circuit Television (CCTV) on domestic and international ships calling at Indian ports. Zelim believes the integration of AI-powered monitoring technologies alongside these measures is critical …

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