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Ship Supply

Wrist Seals Record Deal

Wrist Ship Supply, part of the Wrist Group, announced the acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America - the largest ship supply organization in North America. The move represents the largest deal in the Wrist Group’s corporate history, and provides the organization with a major footprint into the U.S. and Canadian markets. The acquisition marks Wrist Ship Supply’s fifth deal in the past 12 months, and continues Wrist Group’s strategy of controlled global expansion. The Group now has a significant presence in all key global regions in Europe, The Far East, Middle East and the Americas.  OneSource has a turnover of $120m and employs 259 people.  As part of the acquisition, the previous owners of OneSource will remain on the management team and as shareholders in Wrist.  Jubi Hillery, President, World Ship Supply will oversee the combined entity in North America, which will be headquartered in Houston, and David Cocklin, President & CEO of Karlo Corporation, and Charlie Michelson, President of West Coast Ship Supply, will also remain in senior management positions in the new entity.


Wrist Ship Supply Reports 30% U.S. Growth

Wrist Ship Supply has announced growth of more than 30% in its North American-based operation, in what it describes as a milestone for ship supply in the United States. The growth follows Wrist’s acquisition of World Ship Supply, West Coast Ship Supply, East Coast Ship Supply and Karlo Corporation – collectively known as One Source North America – in 2010. The successful integration of the largest ship supply organization in North America has given Wrist a significant


Wrist Ship Supply Strengthens Global Progam

World's largest ship supplier continues to expand customer management network. Wrist Ship Supply has appointed another dedicated global key account manager, based in Norway, as it continues to develop its operational network for customers. The complex procurement processes involved in providing food and other consumables to service hundreds of vessels at sea and managing the growing red tape and regulation around port and customs delivery access


Maersk Gains From US Military shipments

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


Unitor Secures Significant Orders

Unitor, Norway's international ship supply specialist, has garnered its largest ever single order for ships equipment with a $6.8 million contract from Poland's Stocznia Szczecinska SA (Szczecin Shipyard) for nitrogen generator systems for eight 40,000-dwt chemical tankers under construction at the yard. The order encompasses the delivery of Unitor's 35-ton, hollow-fibre, air separation nitrogen generator system, to each tanker comprising four 360 kW compressors and nitrogen generators


CEVA Wins Best Green Logistics Operator Award

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  CEVA Logistics, a leading global supply chain management company, was awarded the Best Green Logistics Operator award at the 28th Asian Freight and Supply Chain Awards (AFSCA) held in Shanghai recently. The annual awards organized by Cargonews Asia are designed to honor leading organizations for demonstrating leadership as well as consistency in service quality, innovation, customer relationship management and reliability.


MOL to Promote Growth of Maritime Cluster

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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), which is a wholly owned subsidiary of Nippon Kaiji Kyokai (ClassNK). MOL has worked steadily to create an environment that allows the collection of big data from onboard its operated vessels


New Global Brand for LNG Bunkering: Gas4Sea

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


MOL Launches Trial Use of Big Data to Promote Growth of Maritime Cluster

Graphics: Mitsui O.S.K. Lines

 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.     MOL has worked steadily to create an environment that allows the collection of big data from onboard its operated vessels, and sharing the information between ship and shore in real time using marine broadband


Wrist Group Launches New Trading House

Dynamic Oil Trading launched to meet the fast paced demands of the shipping industry – without limitations. Wrist Group, one of the world’s leading ship services companies, has announced the launch of Dynamic Oil Trading, a new global trading company for marine fuels and lubricants.  Headquartered in Singapore, Dynamic Oil Trading will work with all aspects of the shipping industry, building close relationships with ship owners, operators, brokers, traders and suppliers


New Vessel Aims to Transform the Fishing Industry

Photo: Blue North

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 Acheives ISO 19030 Compliance

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


Winners of International Seafarers' Welfare Awards

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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


Negative Outlook for Global Shipping Industry: Moody’s

Photo: Global Shippers Association (GSA)

 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


Dry Bulk Facing Slow Recovery, Consolidation -Dreyfus

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


DFDS Ferry to be Lengthened

Courtesy Lloyd Werft

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


Cautious Optimism in LPG Shipping: Dorian LPG

Photo: Dorian LPG

 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


Drewry: LPG Shipping Rates Heading for a Fall

VLGCs supply-demand gap (Source: Drewry Maritime Research)

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.


Dry Bulk Shipping Record Low a Warning for Global Economy

A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free for hire rock the sector used by investors to gauge the health of world trade.   Slower coal and iron ore demand from China - the world's biggest industrial importer - have battered


Asia Dry Bulk-Capesize Rates Could Slip Again

A ValeMax Bulk Carrier (file image: Vale)

Capesize market could worsen in short-term; 3.5 mln tonnes could be cut from Brazil ore exports. Freight rates for capesize bulk carriers could drift lower next week as Brazil's Samarco iron ore mine disaster and uncertain ore demand from China weigh on cargo volumes, brokers said.


Busan Port to Meet Thriving Cruise Demand

Busan Port unveils plans to fuel booming cruise sector; Korean government backs national cruise industry   In response to Northeast Asia’s rapidly growing attractiveness as a cruise destination, South Korea’s port of Busan is bringing new facilities on-stream this year and has


Thome to Support Singapore Maritime Week

Michael Elwert, Director of Group Strategy, HR & Support,

  Thome Group is giving its full support to Singapore Maritime Week with several senior executives speaking at key events during the packed programme.   Michael Elwert, Director of Group Strategy, HR & Support, will chair a session at the Sea Asia conference on Thurs April 23 to


Greek Fleet (Still) Rules

Maran Gas Asclepius

Since ancient times, maritime trade has been a backbone of Greece’s economy with shipping playing the dominant role. Today, it is the second largest contributor to the national economy after tourism. It is the country’s geography with a coastline almost that of the U.S


Mediterranean Rescue Operations Strain Shipping

A young boy surrounded by adults after being rescued in June 2014 from a boat on the Mediterranean Sea. Photo: UNHCR/A. D’Amato

  The Wall Street Journal ran a story yesterday describing how the increasing number of seaborne migrants making the journey from Africa to Europe has not only proved to be too much for European coast guards and navies, it now poses a major problem for Mediterranean shipping.  


Denmark's Promising Future

Photo: Maersk

One of the world’s leading seafaring nations, Denmark has maritime roots stretching back more than 1,000 years. While its history is strong, the Danish market has its collective eyes squarely on the future. In its quest for continued relevance






 
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