Dietze News

Vosta LMG Group of Companies & CFT International acquired by ASL Marine Group subsidiary Leo Dynamische Investering BV. Vosta LMG’s business is complementary to the Group’s current business segments of shipbuilding, ship repair and conversion and ship chartering. Apart from synergies to be derived on many aspects of the operations and increasing the scope of services to include design and engineering, the Group is also able to strengthen their geographical presence by tapping on Vosta LMG’s existing customer base through their offices in the Netherlands…

A leading software supplier to the shipping industry said on Friday it had launched a new internet-based tool for the chartering and operation of tankers. It said the system had been developed with support from three U.S. ship brokerages: Dietze, McQuilling and Weber. Strategic Software, which acquired its closest competitor Dataworks in May, has long dominated the shipping sector. In the last two years it has come under increasing pressure from internet start-ups keen on taking a slice of the $120 billion per year maritime freight industry. The system is likely to compete with the online services of London's Baltic Exchange, which will be launched next Monday. To some extent it also competes with LSX-2, a product being developed for online ship chartering by London-based Levelseas.