27948 members and growing – the largest networking group in the maritime industry!


Saturday, October 22, 2016

Photo: Professor Tamvakis with WISTA Cyprus members. Photo Credit: Whiteleaf Pictures

Training Course in Energy Economics and Shipping

WISTA Cyprus has recently organized a training course for its members with the title “Energy Economics and Shipping”, hosting the Professor Michael Tamvakis from Cass Business School, City University in London. Professor Tamvakis presented, over a full day, topics related to the energy industry, starting from fundamentals and building onto the particulars of upstream, midstream and downstream sectors. The training touched upon the growing importance of natural gas, the economics and export routes surrounding recent gas discoveries in the Eastern Mediterranean.

CMR’s Rick Charles (left) and Shervin Younessi, technical manager at Royston are seeing the first fruits of their companies’ partnership (Photo: CMR Group)

CMR, Royston Collaboration Bears First Fruit

Control, instrumentation and electrical engineering specialist CMR UK, working alongside new sales agent Royston Diesel Power, has identified numerous and ‘significant’ marine and power generation opportunities. First fruits of the partnership include the supply of exhaust gas temperature monitoring units, temperature and pressure sensors, wiring harnesses and marine telephones for end-users of GE, Caterpillar, Ruston and Mirrlees engines. The move also paves the way for a wave…

Richard Greiner (Photo: Moore Stephens)

Moore Stephens: 4th Straight Year of Operating Costs Decline

International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4% in 2015. This compares with the 0.8% average fall in costs recorded for 2014, and is the fourth successive overall year-on-year reduction in such costs. All categories of expenditure were down on those for the previous 12-month period. This suggests continued pragmatic management of costs by ship owners and operators, as well as a reduction in active trading for some owners as a result of the prolonged worldwide economic downturn.

Martin Bennell (Photo: Faststream)

Faststream Appoints Bennell as Managing Director

Specialist maritime recruiter Faststream has appointed Martin Bennell as Managing Director. Bennell joined Faststream three years ago and will step up from Maritime Director to take full responsibility of Faststream’s US and EMEA businesses. Bennell is a seasoned recruitment professional having spent over 16 years in the sector including experience in leading high growth Oil & Gas and Maritime recruitment operations. He is a Fellow of the Recruitment & Employment Confederation and regular participant in Maritime industry events.

Keaney Joins Hill Dickinson

International law firm Hill Dickinson has further strengthened its London shipping team with the arrival of Master Mariner Donal Keaney, bringing the total number of Master Mariners at the firm to six. Keaney is currently studying to become admitted as a solicitor and joins Hill Dickinson from a varied seagoing, commercial and legal background. He recently spent three years with a Hong Kong legal practice, where he worked on a varied caseload of both wet and dry matters, including attendances and casualty investigations on site.