Supply chain solutions provider in challenging environments, Supreme Group (Supreme), says it has completed its purchase of EMS Seven Seas ASA. Headquartered in Norway and listed on the Oslo Stock Exchange, EMS Seven Seas is a global maritime services group serving merchant marine, offshore and defense customers. The company supplies general ship supplies, provisions, stores, spare parts and leading technical maritime brands through its extensive network of some 600 ports. Supreme now owns 90.04% of the total outstanding shares in EMS and says it will make a mandatory offer to the remaining shareholders in the company in due course. "We are excited to announce completion of the acquisition of EMS Seven Seas, which is a great company with strong brand loyalty," said Theo Reichert, CEO, Supreme Group. "By integrating ship supply services to our existing portfolio of supply chain solutions, we are well positioned to serve the evolving needs of both military and commercial clients. We are prepared to make investments to ensure EMS Seven Seas becomes the global leader in commercial ship supply within three years, and we look forward to working closely with their teams around the world to make this happen, merging our organizations to leverage operational synergies to their fullest potential," Reichert added. About Supreme Group
Ship supply specialist Unitor, has entered into a three-year sole supply contract with MARCAS, the Bermuda-based marine purchasing group. MARCAS’ members, who include the V. Ships Group, Teekay Shipping and World Wide shipping, have agreed to contract with Unitor for the sole supply of chemicals, gases and associated welding products for a minimum period of three years.
VANOS S.A in Greece has teamed up with Maritime Information System AS (MARIS) of Norway to extend its product range to include Wheelmark (EU) certified Electronic Chart Display and MARIS on the Information Systems (ECDIS) PC Radar Kits. The agreement covers radar overlay to ECDIS and radar/ARPA and MARIS VDR and S-VDR. VANOS S.A is a Ship Supplies company, established in 1929 and an Admiralty Chart Agent, representing a portfolio of brands popular across the globe and a vast range
Maersk gains from US military's US$ 11.5 billion war shipments Maersk, owner of the world’s largest shipping line, has benefited the most from the U.S. military’s dependence on commercial lines, according to a report in 'Longshore & Shipping News'. The company, based in Copenhagen, received almost half the military’s $1.82 billion in contracts last year to ship supplies and equipment around the globe, most of it tied to Iraq and Afghanistan
68.5 million tonnes of annual overall traffic for the port of Le Havre. With a combined total of 68.5 million tonnes processed (including ship supplies and bunkering), 2011 traffic for the leading port for the external trade of France reflects the context of the year itself – a strained economic situation for global markets and, for general cargo, a beginning to the year that was marked by important negotiations within the scope of the port reform implementation in France
LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs (very large gas carriers) fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry. VLGC earnings have had another stellar year, averaging above $2.0 million per calendar month in the period to September 2015. This has been driven by three principle factors: rising US exports; an
ENGIE, Mitsubishi Corporation and NYK Line have launched Gas4Sea, a new brand for their joint marketing of liquefied natural gas (LNG) as a marine fuel around the world. Gas4Sea aims to lead innovation through the ship-to-ship supply of LNG for the maritime sector. In 2014, ENGIE, Mitsubishi Corporation and NYK concluded a framework agreement for a partnership to develop LNG bunkering services. By combining NYK’s shipping expertise with ENGIE and Mitsubishi Corporation’s
With the North American ECA (Emission Control Area) now in force, Hans Staal, Branch Manager, OW Bunker USA explains the lessons that must be learned and why collaboration within the shipping supply chain is going to be key to meeting new regulatory challenges. Since the outset, the introduction of the North American Emission Control Area (ECA) in August 2012 has been an issue of some concern for many ship owners and operators
While the large oceangoing variety of ships garners the lion’s share of attention in regards to Arctic operations, modern offshore vessels that will be required to support potential oil and gas business in the region are equally vital. Viking Supply Ships recently carried out full scale ice trials in the Gulf of Bothnia on the Brage Viking, an 85m long anchor handling tug supply (AHTS) type offshore support vessel delivered from Zamakona shipyard in Spain two years ago.
International Shipsuppliers & Services Association (ISSA) encourages members to adopt eco-friendly practices The International Shipsuppliers & Services Association (ISSA) is encouraging its members to implement green policies and achieve internationally-recognised environmental standards under its flagship Green ISSA initiative. Jens Olsen, ISSA President, said: “We believe that the modern ship supply industry must have environmental considerations at the heart of its
Frank Coles, Transas CEO, delivered the keynote speech at the Transas Global Conference in Malta. We are faced with the perfect storm in the next few years. Many will conclude it is all the fault of President Trump, but in fact it is actually nothing to do with him
Navis and Davao International Container Terminal (DICT) announced that the terminal has gone live with the Navis N4 terminal system. Navis is a part of Cargotec Corporation and provider of operational technologies and services that unlock greater performance and efficiency for
The Long Range (LR) 2 tanker market in the East of Suez has been languishing in the doldrums for almost two weeks. LR2 rates on the AG/Japan route, basis 75 kt, nosedived from w120 at the beginning of January to current levels of w80. Earnings for a round voyage on the benchmark route are hovering
As previously communicated, The Board of Directors of Viking Supply Ships AB in December 2016 appointed Mr. Trond Myklebust as Chief Executive Officer (CEO). Mr. Myklebust has now taken on the responsibilities as CEO of Viking Supply Ships AB, as well as the subsidiary Viking Supply Ships A/S
Capesize rates 26-33 pct higher than a year ago, but could fall towards Chinese New Year. Freight rates for large capesize dry cargo ships on key Asian routes may fall further next week as prospects for a pre-Christmas rally fade with ship supply outpacing cargo demand, ship brokers said.
NBS Maritime, one of the leading ship supply companies in the Black Sea region, launches wholesale of ship supply items, tailored to the needs of ship chandlers in the area. The company is importing directly from well selected producers and is maintaining a regular stock of a large
Seattle-based company Blue North has christened F/V Blue North, a state-of-the-art vessel designed to transform the fishing industry by improving conditions for workers, reducing environmental impact and harvesting seafood more humanely.
AkzoNobel’s Marine Coatings business has outlined for the first time its full compliance with ISO 19030, the new standard for measuring hull and propeller performance. The requirements for ISO 19030 have been incorporated into AkzoNobel’s recommendations for hull performance monitoring
The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The ceremony forms part of ISWAN's celebrations in the Philippines for the IMO Day of the Seafarer
Moody's Japan K.K. says that its outlook for the global shipping industry over the next 12-18 months is negative. "The negative outlook reflects our expectation that earnings will worsen, with freight rates likely to remain depressed amid ample supply," says Mariko Semetko
The dry bulk shipping industry may not emerge from a protracted downturn for another two years and some smaller firms will be squeezed out, the chairman of France's Louis Dreyfus Armateurs said on Tuesday. The dry bulk sector that transports commodities like coal and iron ore has suffered
Lloyd Werft to convert the Danish RoRo ferry “Primula Seaways” in 31 days starting July 1, 2016. Options for two further DFDS ships. Cutting and lengthening ships is nothing new for Lloyd Werft Bremerhaven. But it’s always different, as well as exciting and spectacular
Japan-based Mitsui O.S.K. Lines (MOL) is to trial a new system of onboard data gathering and transmission from its operated vessels to the ClassNK-owned Ship Data Center, a new organisation which offers consolidated management of vessel operational data.
Mitsui O.S.K. Lines, Ltd. today announced that it will launch trial of onboard data transmission and accumulation for its operated vessels in cooperation with Ship Data Center Co., Ltd.(*) (Representative Director: Yasushi Nakamura; Headquarters: Chiyoda-ku, Tokyo)
Global liquefied petroleum gas (LPG) export volumes for the calendar 2015 reached 80 million metric tons, an 11 percent increase over the previous year. U.S. LPG exports alone reached a record of nearly 21 million metric tons