Marine Link
Thursday, March 28, 2024
SUBSCRIBE

President Shipping News

04 Dec 2023

New Wave Data Underpins Ship Structural Integrity

Sofar Ocean’s hundreds of Spotter buoys continuously contribute masses of accurate wave data. Image courtesy of Sofar Ocean

The loss of the Stellar Daisy in 2017 was a tragic reminder of the importance of wave data to ship design and operation. The vessel sank in the South Atlantic Ocean, with 22 of 24 crewmembers lost. The structural failure of the vessel was attributed to several factors including material fatigue and the forces imposed on the hull as a result of the weather conditions.Survey requirements for some vessel types have since been tightened, but even before this tragedy, work was underway to evaluate the wave data used to determine ship structural integrity requirements.

02 Dec 2022

TotalEnergies Joins Ammonia-powered Tanker Project

© HJBC/AdobeStock

France's TotalEnergies said it had joined a shipping project building test tankers which can be powered by ammonia, part of moves to speed up maritime industry decarbonization.Widely used in industrial applications, ammonia's suitability as a transport fuel has been limited because of the challenge of converting it into energy in a confined space. TotalEnergies is joining a subsidiary of Norwegian chemical company Yara International ASA, leading ship certifier Lloyd’s Register…

28 Nov 2022

GAC Group Names New Group President

GAC Group’s Bengt Ekstrand (L) with Pontus Fredriksson (R) ©GAC

Shipping, logistics, and marine services provider GAC Group has appointed Pontus Fredriksson as its new group president, effective January 2023.Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive Co-Chairman alongside GAC’s long-standing Executive Chairman Björn Engblom."Ekstrand’s tenure began at a time of economic turmoil in the Eurozone and  expanding armed conflicts in the Middle East. Sluggish oil prices would soon plunge to less than USD45.00 a barrel.During that uncertain period…

05 Feb 2021

Total Joins Maersk-led Shipping Decarbonization Project

© sutlafk / Adobe Stock

French oil major Total said it will contribute to a project led by shipping giant Maersk aiming to develop new alternative fuels and carbon neutral solutions for ships.The nonprofit Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping was formed in 2020 as the maritime industry continues efforts to reduce its environmental footprint. The center will create overviews of decarbonization pathways, accelerate the development of selected decarbonizing fuels and powering technologies, and support the establishment of regulatory, financial and commercial means to enable transformation.

13 Jun 2015

LISW15 Lines Up Speakers

London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September. The conference will begin with Jeremy Penn, Chairman of the LISW15 Steering Group and Chief Executive of The Baltic Exchange, formally welcoming everyone to the event before handing over to The Rt Honourable The Lord Mayor of the City of London, Alderman Alan Yarrow who will then address the Conference alongside a Senior UK Government Minister. This session will focus on World…

08 May 2015

Singapore's Transport Minister to Speak at LISW 2015

London International Shipping Week 2015 (LISW) is delighted to announce that Mr Lui Tuck Yew, Singapore’s Minister for Transport, has confirmed that he will speak at the official LISW Conference on 10th  September 2015 at the Grosvenor House Hotel on London’s Park Lane. Mr Lui Tuck Yew will speak in the session on: “National, Supranational and Global Governance – The role of governments in a global maritime industry: Should governments lend their support and how can they participate in growing their domestic sectors? Welcoming the announcement, Jeremy Penn, CEO of The Baltic Exchange and Chairman of the LISW Steering Group, said: “We are thrilled to be getting such tremendous support internationally.

02 Apr 2015

Attracting, Retaining Talent - IRS Shows the Way Forward

At a time when the global shipping industry is going through an unprecedented and extended downturn, the overriding challenge is to stay afloat and wait for the tide to turn. Viewed from the HR perspective, while companies need the competencies and skillsets to stay afloat during the rough timesbut it is also crucial to have the talent pool in place to set the course when the weather improves. Recognising the importance of attracting and retaining talent in the maritime industry, IRClass Academy of the Indian Register of Shipping organise an expert panel discussion on 10 March 2015 to discuss on the theme: Maritime Professional Development in India: Beyond Mandatory Courses. The invited panel comprised of: Dr.

15 Mar 2015

Drydocks World Chief in Top 50 Maritime Greats' List

Khamis Juma Buamim, Chairman Drydocks World & Maritime world has been recognized by Tanker Shipping & Trade as being among the top 50 most influential people in the tanker industry worldwide & is one of only 4 Chairmen globally to be so recognized. The publications annual survey profiles 50 of the sectors most influential leaders whose range of achievements is broad, covering most, if not all facets of the industry. What is not in doubt is that all those profiled represent outstanding examples of leadership, especially given their achievements against the backdrop of some of the most challenging trading conditions in a generation. The list represents leaders from 21 countries representing all of the continents & includes 4 women.

04 Jun 2013

LNG Tech on tap at Europort 2013

The Port of Rotterdam predicts becoming a LNG bunkering hub by 2030

Emissions regulations from 2015 onwards are driving shipowners to a crossroads on fuel selection. Ahead of Europort 2013, Rotterdam, Dutch interests are making significant waves in tangible investments in LNG as a fuel option. While there is not consensus on the potential of liquefied natural gas (LNG) as a marine fuel, the concept is gaining traction rapidly as using LNG reduces nitrogen oxide (NOx) and carbon dioxide (CO2) emissions from ships, as well as allowing operators to meet restrictions set in Sulfur Emission Control Areas (SECAs) today, which tighten from 2015 onwards.

03 Apr 2013

Drydocks World Hosts Jamaican Industry Minister

Drydocks World, a shipyard in the Middle East engaged in ship repair, conversion, new building and offshore construction, hosted a delegation from the Government of Jamaica led by The Hon. G. Anthony Hylton, Minister of Industry, Investment and Commerce. Other members included Mr. Clive Fagan, Chairman of Factories Corporation of Jamaica; Dr. Eric Deans, Chairman, Jamaica Logistics Task Force; Dr. Dana Morris Dixon, Interim President, Jamaica Promotions Corporation (JAMPRO) and Mr. Leroy Lindsay, Senior Aviation Consultant, Jamaica Civil Aviation Authority.

07 Nov 2011

UK P&I Club Elects New Board

New Directors, UK P&I Board

Seven directors were elected to the Board of the UK P&I Club at its AGM in Athens on the 27th October. After obtaining a postgraduate degree in industrial engineering, Ibrahim Güngen founded Güngen Foreign Trade Co Ltd with his brother Mehmet in 1976 and the business quickly became the biggest importer of molasses in Turkey. Mr Güngen has been chief executive officer of Güngen Maritime and Trading since 1990. Dr Grahaeme Henderson, aged 56, joined Shell following a PhD in Engineering from Southampton University in 1980.

02 Jul 2010

Rickmers ChristensFour Containerships

Photo: Rickmers

Even for Hyundai Heavy Industries (HHI), the world’s largest shipyard group, it was a remarkable occasion. In a quadruple naming ceremony at HHI’s Ulsan shipyard on July 2, Rickmers Group christened four ultra-large container ships (ULCS) of 13,100 TEU each. Each of the four ships, Pearl Rickmers, Ruby Rickmers, Aqua Rickmers and Coconee Rickmers, has a service speed of 24.3 knots. They have been chartered longterm to Maersk Line and will join Maersk’s “E-class” as Maersk Edinburgh, Maersk Emden, Maersk Eindhoven and Maersk Essen.

03 May 2010

ABS New Council and Committee Members

Melvyn J. Dennett, Admanthos Shipping Agency, Inc. Jim Bradford, General Manager – Operations, Gulf Offshore N.S. Dr. William J. Dr. David W. Costas M. Fostiropoulos, Chairman, Almi Tankers S.A. Dr. Ian J. Jim Miller, President & CEO, Aker Philadelphia Shipyard, Inc. Mrs. Leif Kristian Nielsen, Executive Vice President, A.P. Dimitrios Patrikios, General Manager, Springfield Shipping Co., S.A. Leonidas S. Polemis, Manager, Remi Maritime Corp. Gerard H. Capt. Yodchai Ratanachiwakorn, Operations Director, Thoresen & Co., (Bangkok) Ltd. I.S. Dalton Marcio Schmitt, Managing Director, Astromaritima Navegacao S.A. William Scott, Manager, Engineering & Technical Services, Tidewater Inc. Peter S. Josh M. Suhartoko, Senior Vice President – Shipping, PT.

02 Oct 2000

From E-Biz to E-Bust: Is Online Chartering and Sale and Purchase Possible?

The failure rate for new ventures in cyberspace is very high, and there is no reason to believe that maritime "dot coms" will fare differently. When e-biz companies fail, the reasons often given are lack of investment ("the money ran out") or failure to find a market ("lots of hits on the site, but few buyers"). But those are not causes of failure, those are effects of failure. Most failing e-businesses fail for the same basic reasons that have sunk non-e-businesses for centuries, such as overestimation of market share, lack of differentiation from competitors and failure to manage vendors and consultants effectively. But there are two areas…

10 Jul 2003

GAC Appoints Godfrey as Group Sales Director

GAC has appointed Neil Godfrey as its Group Sales Director for the Shipping Division. The new post has been created as part of GAC's strategic plan to build the company's global platform.Godfrey currently serves as GAC's Marketing Manager for the Americas region, working from Ridgefield, Conn. He will assume the new position on September 1. He will be based in London and report to Lars Peter Heisselberg, Group Vice President - Shipping Division in Jebel Ali, Dubai. Darren Martin, currently GAC Marketing Manager for the UK, Ireland and Benelux, will take over Neil\'s responsibilities as the Americas Marketing Manager. He will be based at the GAC Houston office. Commenting on the changes, Neil says, "This is an exciting prospect for me.