Gyungbae Gil appointed to head Korean division of GMS GMS, a cash buyer of ships and offshore structures, has launched a new operation in Korea. The office will be headed by Gyungbae Gil, a trader who was based in Dubai. According to GMS…
Gothenburg-based I-Tech’s Selektope antifouling system has been shortlisted in the Environmental Performance category by the judging panel for the European Marine Engineering Awards. The winner of this Award will be announced at the European…
The Steering Committee of the Global Partnership on Marine Litter met in London, March22-23, at International Maritime Organization (IMO) headquarters to coordinate and plan future work to further reduce and better manage marine litter.The…
Overall confidence levels in the shipping industry fell to a record low in the three months to February 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The average…
The international ship managers’ body, InterManager, has reaffirmed its support for the welfare of seafarers, described as the “heart and soul” of shipping, at The Connecticut Maritime Association’s Shipping 2016 Conference. Moderating the morning session on Wednesday…
RINA Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships at 15,000 GT owned by IRISL, a major shipping company in Iran. This dual classification is the result of a partnership signed…
Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL – Maritime, looked at some of the current issues in the LNG industry and provided an overview of what DNV GL is doing to support growth in this segment.“The main drivers…
Today, Dryad Maritime release the Dryad Maritime Country Risk Map, an online risk portal that has been specifically designed to help commercial teams, CSOs, ship owners and managers optimise their maritime security strategies and identify new…
Australian and Indonesian naval patrol boats have today successfully completed Exercise Cassowary in waters off Darwin. The Australian Armidale Class Patrol Boat – HMAS Wollongong joined two Indonesian patrol boats, KRI Sampari and KRI Layang…
The Australian Government this week announced its intention to retain ARENA, expand its renewables mandate to include energy efficiency and low emissions technology, and make changes to its funding as well as the types of projects in which the agency will invest…
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by KSO Ciputra Yasmin to construct the land for the Centre Point of Indonesia Project located off the coast of Makassar. The contract value is approximately EUR 80 million…
CMA CGM develops its Ethiopian intermodal service by linking Djibouti to 6 inland key destinations (Addis Ababa, Mekele, Nefas Meewcha, Gibe, Shashemene and Jinga). It also adds 2 strategic calls in Djibouti, the Ethiopian market gateway, on its MEX1 and REX2 services…
In a new white paper, Consolidation in the liner industry, Drewry consider the merits, and pitfalls, of M&A activity within container shipping, but cautioned that strategy needs to be carefully through through. Container shipping remains remarkably fragmented…
The most often quoted reason for consolidation is the reduction in unit costs which can be obtained by an operator with a larger volume of business. The ways in which these reductions can be achieved in practice are discussed in a new white paper…
Singapore-based bulker player Pioneer Marine has terminated five handysize newbuild contracts at Yangzhou Guoyu Shipyard. The leading shipowner and global drybulk handysize transportation service provider announced the following developments…
