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Intertanko News

12 Dec 2023

NAVTOR Revamps Passage Planning Module

NAVTOR taking Passage Planning to the next level with NavStation. Image courtesy NAVTOR

NAVTOR  announced a breakthrough revamp of its Passage Planning module. Featured in the latest release of NAVTOR’s NavStation planning software (version 6.3), the new module offers expanded automation and auto-calculations, effectively slashing both administration time and the potential for human errors, compliance with the very latest industry standards, enhanced data utilisation, the ability to revise and update plans (rather than creating new ones after voyage deviations/changes)…

11 Oct 2023

Israel's Ports Feel Strain as Shipping Traffic Slows After Attacks

© Dmitry Pistrov / Adobe Stock

Activity at Israel's ports is slowing after Saturday's attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums for Israeli shipments soaring amid tightening supplies of food stocks, according to sources and data.Israel's southern coastal city of Ashkelon, which has a small port well in range of Hamas rockets, is not allowing ships to enter, shipping sources said.While the main Israeli ports of Ashdod further up the coast and Haifa in the north…

05 Oct 2023

Stakeholders Gather in Copenhagen to Advocate for Safe Ammonia Use

Source: Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

Stakeholders in the shipping industry converged in Copenhagen Wednesday to collaboratively address the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel.The gathering was the inaugural event of a series initiated by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, dedicated to fostering a collective understanding and approach towards the intricacies of ammonia safety.Claus Graugaard, CTO and Head of Onboard Vessel Solutions at the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping…

30 Jan 2023

From Paper to Pixels: Embracing the Digital Logbook

Pierre Domine, Quality Assurance & Investigation Specialist, Stolt Tankers. Image courtesy Stolt Tankers/Navtor

In an era of ever-smarter shipping, one key area of vessel and fleet administration appears stuck in the dark ages. Pierre Dominé explainswhy Stolt Tankers is rapidly transitioning to digital logbooks, unlocking a broad range of big data benefits.Although the switch from paper to digital logbooks is yet to be mandated, Pierre Dominé, Quality Assurance & Investigation Specialist, Stolt Tankers, sees no need to wait. “There’s so much data across a single vessel’s portfolio of record books…

22 Aug 2022

Waters Near Somalia Removed from List of High-risk Piracy Areas

© remipiotrowski / Adobe Stock

An area of the Indian Ocean near Somalia—once known as a piracy hotbed—has been removed from the shipping industry's list of high-risk areas following more than a decade of military, political, civil society and the industry measures to secure the waters. No piracy attacks against merchant ships have occurred off Somalia since 2018.On Monday, shipping industry groups International Chamber of Shipping (ICS), BIMCO, International Marine Contractors Association (IMCA), INTERCARGO…

03 Jun 2022

MISC Makes Leadership Change

Captain Rajalingam Suramaniam. Photo courtesy MISC

MISC Group’s President/Group Chief Executive Officer (CEO), YBhg. Datuk Yee Yang Chien announced his plan to retire effective September 30, 2022. Datuk Yee will turn the helm over to Captain Rajalingam Subramaniam, MISC’s Chief Operating Officer and AET’s President & CEO, who will assume the role of MISC Group’s President/Group CEO effective October 1, 2022.Datuk Yee said, “It has been a great honour for me to be given the responsibility to lead MISC Group back in 2015. It is more than a job or duty for me…

08 Feb 2022

Why Should Shipping Come Under the EU's Carbon Trading System?

© Kara / Adobe Stock

The European Commission has proposed adding shipping to the bloc's carbon market for the first time, in a move that is set to shake up the industry after years of avoiding pollution charges by the bloc.But already there is disagreement about how it will work given the complexities of the shipping industry and how fast it can decarbonize.Here is what is known so far about the process ahead.Why should shipping be included in the ETS?With about 90% of world trade transported by sea…

29 Nov 2021

INTERTANKO Members Support Net Zero Emissions by 2050

© Alexey Marakhovets / Adobe Stock

The Council of Members of the International Association of Independent Tanker Owners (INTERTANKO) has agreed that international shipping should strive to achieve net zero CO2 emissions by 2050. This doubles the level of ambition set in the International Maritime Organization’s Initial Strategy for GHG Emissions Reductions from International Shipping (IMO GHG Strategy), which currently calls for international shipping to reduce its emissions by 50% by 2050.INTERTANKO, which represents the majority of independent tanker owners and operators worldwide…

24 Nov 2021

Martecchini Named President of Webb Institute

Mark Martecchini (Photo: Webb Institute)

Webb Institute announced on Wednesday that Mark Martecchini will become the 16th president in the school's history, effective July 1, 2022. Selected by a Webb Board of Trustee search committee Martecchini will succeed R. Keith Michel who has served as Webb’s president for the past nine years.Board of Trustees chair Bruce S. Rosenblatt, said, “[Martecchini] is a visionary leader who is passionate about the mission of Webb Institute and is committed to building upon our 130-year history of excellence in engineering education.” During a 38-year career with Stolt-Nielsen…

10 Mar 2021

Shipping Nations, Groups Call for IMO Green Research Fund

© leeyiutung / Adobe Stock

A group of prominent shipping nations and organizations are calling for a $5 billion research fund to help launch zero-emissions vessels by 2030, in a move aiming to accelerate the industry's efforts to decarbonize maritime transport.A proposal by governments including Georgia, Greece, Japan, Liberia, Malta, Nigeria, Singapore, Switzerland is being submitted Wednesday to the United Nations' International Maritime Organization (IMO), in a bid to establish the IMO Maritime Research Fund using mandatory contributions from shipping companies…

11 Jun 2020

IMO Head Commends Nigeria's Antipiracy Efforts

© remipiotrowski / Adobe Stock

The International Maritime Organization (IMO) Secretary-General Kitack Lim commended Nigeria’s antipiracy efforts in the Gulf of Guinea as the West African nation continues to make strides to curb attacks against ships in the world’s top piracy hot spot.Lim said recent actions made by the West African country to restrain piracy in the region “send a strong and valuable message to the international community”.The IMO head welcomed the latest initiatives to address maritime security concerns in the Gulf of Guinea…

27 May 2020

US Sanctions Advisory Raises Hurdles for Global Maritime Industry

© Igor Yu. Groshev/ Adobe Stock

Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk of disruptions in a sector already struggling with the fallout of the coronavirus outbreak.The advisory issued this month marked the first U.S. sanctions guidance for the global maritime sector, and will test Washington’s ability to clamp down on violations without disrupting an industry that handles 90% of the world’s trade.The final version of the U.S.

07 May 2020

IMO Endorses Shipping Industry's 12-step Plan for Crew Changes

© Igor Kardasov / Adobe Stock

The need for ships to change crews and for the world's 1.2 million seafarers to be able to fly home at the end of their periods of service have emerged as two of the biggest challenges facing the shipping industry as a result of the COVID-19 pandemic.To help governments put in place coordinated procedures to facilitate the safe movement of seafarers, the International Maritime Organization (IMO) issued a 12-step plan to 174 member states, providing them with a roadmap to free…

18 Dec 2019

INTERTANKO Releases Standardized Gas Form

The International Association of Independent Tanker Owners (INTERTANKO) has released updated Gas Form C forms for LPG and LNG with the intent on standardizing both the forms themselves and the information provided on them.Currently, a large number of Gas Form Cs are company-specific, often referring to commercially sensitive information such as speed and consumption, which can alter throughout the stages of a vessel’s life.The new forms will assist INTERTANKO Members, as well as the industry at large, with improving the quality of the documents that are publicly available.“The role of the Gas Form C was identified as an Owners’ document that is predominantly used during the negotiation of a deal.

27 Nov 2019

Joseph Angelo Awarded Global Maritime Prize

The prestigious International Maritime Prize for 2018 has been presented to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.IMO Secretary-General Kitack Lim presented the prize on Monday (25 November) at the annual IMO Awards ceremony. Lim outlined Angelo's long commitment to IMO and his reputation as a technical expert, diplomat and problem solver - who earned the nickname, "IMO‑Joe".

13 Sep 2019

Top Industry Bodies Preps for Sulfur Target

Leaders of the major shipping industry trade associations - international shipping associations representing shipowners BIMCO, International Chamber of Shipping (ICS), International Association of Dry Cargo Shipowners (INTERCARGO) and International Association of Independent Tanker Owners  (INTERTANKO) met in London yesterday (September 13) to consider the transformational issues affecting the sector.Top of the agenda were the preparations for the implementation of the 2020 Global Sulfur Limit. With less than four months to go until the introduction of the new limits on sulfur emissions from shipping, there is still significant uncertainty…

23 Jul 2019

"IMO Joe" Angelo Honored

Mr. Joseph J. Angelo (Photo: IMO)

The International Maritime Prize for 2018 will be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The IMO Council, meeting for its 122nd session in London (July 15-19) decided to award the Prize to Mr. Angelo, in recognition…

22 Jul 2019

Joseph Angelo Wins Global Maritime Prize

The prestigious International Maritime Prize for 2018 is to be awarded to Joseph J. Angelo, a former United States Coast Guard (USCG) and International Association of Independent Tanker Owners (INTERTANKO) senior executive who participated in International Maritime Organization (IMO) meetings for many years, providing leadership on a number of key regulatory developments.The International Maritime Organization (IMO) Council, meeting for its 122nd session in London (15-19 July) decided to award the Prize to Angelo, in recognition of his invaluable contribution to the work and objectives of IMO and to the international maritime community as a whole.In their nominations…

15 Jul 2019

INTERTANKO Director Visits EU NAVFOR

Operation Atalanta Operation Headquarters (OHQ) welcomed a visit from Phillip Belcher, Marine Director at the International Association of Independent Tanker Owners (INTERTANKO), as part of key EU NAVFOR relations with the shipping industry at a strategic level.Operation Atalanta, formally European Union Naval Force (EU NAVFOR) Somalia, said in a press release that Belcher visited to hold a meeting regarding the latest developments in counter-piracy operations and the last incidents in the Indian Ocean.The meeting was chaired by Operation Atalanta’s Deputy Commander, Rear Admiral Giovanni Battista Piegaja. Also in the meeting were Operation Atalanta’s Political Advisors…

14 Jun 2019

Ship Insurance Costs Soar After Tanker Attacks

© Nightman1965/ Adobe Stock

Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on Thursday, with the potential for costs to rise further as regional tensions escalate, ship insurers said.The attacks have already stoked concerns about reduced flows of crude oil on one of the world's key shipping routes, pushing up oil prices by as much as 4.5%.Some tanker companies have already suspended new bookings to the Middle East…

13 Jun 2019

INTERTANKO Says Vessels at Risk in Gulf

The tanker association INTERTANKO condemned unprovoked attack against two tankers on innocent passage in international waters in the Gulf of Oman on Thursday 13 June.The attacks on tankers in Straits of Hormuz unacceptably threatens the lives of innocent seafarers, the fragile environment of the region and the economies of the world, it said.While damage was caused to two tankers, INTERTANKO is relieved that according to preliminary reports no seafarers were killed nor pollution detected. However until such can be categorically confirmed, our first priority as an industry is the safety of those seafarers.The latest incidents saw two INTERTANKO Members’ vessels suffer explosions at or below the waterline, in close proximity to the engine room while underway.

13 Jun 2019

Two Tankers Attacked in Gulf of Oman

(Photo:  Islamic Republic News Agency)

Two oil tankers were attacked in the Gulf of Oman on Thursday, leaving one ablaze and both adrift, shipping firms said, driving oil prices as much as 4% higher over worries about Middle East supplies.The Front Altair, carrying petrochemical feedstock, was on fire in waters between Gulf Arab states and Iran after an explosion that a source blamed on a magnetic mine. The Norwegian owner said its crew were safe.A second Japanese-owned tanker was abandoned after being hit by a suspected torpedo, the firm that chartered the ship said.

17 May 2019

Petropoulos New Baltic Exchange Chair

Denis Petropoulos (Photo: Baltic Exchange)

Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from June 1, 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar Tankers Ltd and remains a significant shareholder at Braemar Shipping Services PLC. He most recently headed up Braemar's Singapore office for seven years, before returning to the UK.He has been a Baltic Exchange Member since 1999 and has held positions…