Miriam Maes New Chairman of Rotterdam Port
Miriam Maes has been appointed Chair of the Supervisory Board of the Port of Rotterdam Authority, in accordance with a decision made by the supervisory directors. Maes has served on the Supervisory Board since 1 January 2016. She will be succeeding Rutger van Slobbe, who joined the Supervisory Board in 2006 and has served as its Chair since May 2011. Van Slobbe’s third term will end on 1 January 2018.
SM Line Selects Intellian VSAT Antennas for its Fleet
The provider of maritime satellite antenna systems Intellianhas announced that its v100 maritime VSAT antenna has been chosen by SM Lines to power its ships’ data and communications, and enable its IoT (Internet of Things) freight monitoring system. Internet-enabled physical objects that can process, receive or store information are enabling providers who can illuminate the supply chain’s blind spots to improve productivity…
Clipper Fleet, Dania Ship Announce Partnership
Dania Ship Management has announced plans to extend ship management capabilities to include dry cargo in a partnership agreement with Clipper Fleet Management, part of the Clipper Group. The partnership, which strengthens the commitment by V.Group, Nordic Tankers and Clipper Group to create a compelling platform for Copenhagen based ship management solutions, will see the transfer of 28 shore-based employees and around 1,000 seafarers to Dania Ship Management.
Skuld Bottom-line Up 68.7%
Marine insurer Skuld ended the first nine months of the 2017/18 reporting year (as at 20 November) with a positive bottom-line result of USD 27 million (up 68.7%, from USD 16 million year-on-year) with the contingency reserve standing at a record high of USD 421 million (up 15.6%, from USD 364 million year-on-year). Ståle Hansen, Skuld president and CEO, said: "The first nine months have been challenging for some of our members who have experienced major losses.
S&P Revises Hapag-Lloyd’s Rating Outlook to Stable
Corporate Credit Rating agency Standard & Poor's has affirmed at B+. The rating agency acknowledges debt prepayments and cost synergies and expects adequate liquidity in 2018. Rating agency Standard & Poor’s affirmed Hapag-Lloyd’s B+ rating and revised the outlook from negative to stable. Hapag-Lloyd’s debt prepayments and cost synergies after the integration of UASC combined with improved shipping…
MacGregor to Split Smart Ocean Technology Division
MacGregor, part of Cargotec, said it will reorganize its offshore and merchant shipping operations as part of a plan aiming to achieve €13 million in annual cost savings. Under the plan, MacGregor’s Smart Ocean Technology division will be divided into two new divisions: Cargo Handling and Advanced Offshore Solutions. The statutory cooperation negotiations have now been finalized, resulting in restructuring of operations and reducing approximately 170 full-time equivalents globally.
DNV GL: First Class Guideline for Additive Manufacturing
DNV GL has published the first classification guideline for the use of additive manufacturing (AM) in the maritime and oil amid gas industries. The guideline is designed to help manufacturers and sub-suppliers of materials, parts and components, service suppliers and end users adopting AM technologies, by ensuring that the parts or components created by an AM process and the materials from which they are created have the same level of quality assurance as traditionally manufactured products.
Cruise Sector on Track for Growth in 2018 -CLIA
The cruise industry is expected to stay on course for further growth in 2018, according to the latest State of the Cruise Industry Outlook report from trade association Cruise Lines International Association (CLIA). “It is without question that the cruise industry continues on a growth trajectory, gaining in consumer interest and creating a positive impact on the global economy,” said Cindy D’Aoust, president and CEO, CLIA.
USCG Begins Icebreaking in the Western Great Lakes
U.S. Coast Guard Sector Sault Sainte Marie has commenced icebreaking Operation Taconite in response to expanded ice growth in the commercial ports of western Lake Superior and the lower St. Marys River. Before ice impedes commercial navigation, icebreakers were assigned to each region. U.S. Coast Guard Cutter Alder was assigned to manage the ice breaking needs of western Lake Superior, specifically the twin ports of Duluth, Minn., and Superior, Wisc., as well as the Port of Thunder Bay, Ont.
Asian LNG Spot Prices Jump after European Gas Outages
Asian liquefied natural gas (LNG) spot prices jumped this week in reaction to volatile price spikes on European gas markets and ongoing demand from the region's major consumers. Spot prices for January delivery hit $10.50 per mmBtu, 40 cents above last week, with February prices seeing similar levels. In a tumultuous week, European gas prices gyrated wildly following a flurry of major pipeline and production outages coinciding with high demand and freezing weather.
SM Line Selects Intellian V100 VSAT Antennas
Maritime satellite antenna systems provider Intellian announced that its V100 maritime VSAT antenna has been chosen by SM Lines to power its ships’ data and communications, and enable its IoT (Internet of Things) freight monitoring system. Internet-enabled physical objects that can process, receive or store information are enabling providers who can illuminate the supply chain’s blind spots to improve productivity…
LNG Tankers Divert to China as Winter Demand Spikes
China's LNG demand soars as tankers from the Americas divert to China. Liquefied natural gas (LNG) is being re-exported to China from Japan and tankers are being diverted from as far away as Brazil, with traders rushing to find cargoes in the face of a supply crunch in the world's No.2 economy as winter bites. Following an unprecedented drive to switch millions of households to natural gas from coal for heating…
New Automatic Filter Unveiled: aquaBoll
German filtration systems specialist Boll & Kirch Filterbau GmbH has presented its new concept for fully automatic water filtration: the aquaBoll automatic filter series, which increases overall plant efficiency and ensures greater efficiency. Germany's Consul General in Shanghai, Dr. Christine Althauser, joined BOLL & KIRCH CEO, Stefan Starke, in unveiling the latest product innovation – the aquaBoll automatic backwash filter – at the Marintec China trade show.