DNV GL, Alpha Ori Ink Digitalization MOU
DNV GL and Alpha Ori Technologies (AOT) have signed a Memorandum of Understanding (MoU) in which they agree to work together to contribute to the marine industry’s ongoing digital transformation. The MOU will also see the companies work together to unlock the benefits of new digital technologies and methods, including sharing data collaboratively, and the creation of frameworks and standards, to develop new and enhance existing products and services.The MOU is based around the installation of Alpha Ori’s SMARTShip systems on BW LPG vessels…
BW LPG's CEO Martin Ackermann Resigns
BW LPG Limited, owner and operator of LPG vessels, said that Martin Ackermann has decided to step down as CEO at the end of this year for family reasons, after five years leading the company from Singapore.Anders Onarheim, a non-executive director of BW LPG since 2013 and former Managing Director of Carnegie, will act as interim CEO of BW LPG.Martin Ackermann, CEO of BW LPG, said: “It has been a privilege to lead BW LPG through some challenging years and to see it continue as a strong platform for the future”.Andreas Sohmen-Pao…
Shipping Executives Push 'Carbon Levies'
Executives at some of the world's top shipping groups are advocating a levy on carbon emissions on shipping in an effort to shape tightening rules on greenhouse gas emissions while providing a means to fund development of cleaner fuel sources."To meet international shipping's decarbonization challenge, the maritime industry needs a carbon levy, it is coming, and we should shape it," said Andreas Sohmen-Pao, chairman of BW Group at the Global Maritime Forum in Singapore this week.The…
IMC Envisages Singapore as Global Maritime Hub
The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government. The Committee’s vision is for Maritime Singapore to be the Global Maritime Hub for Connectivity, Innovation and Talent. The Committee, chaired by Mr Andreas Sohmen-Pao, Chairman of BW Group, comprises 21 other global business leaders and experts from diverse sectors such as maritime, finance, commodities trading, logistics, finance and technology.
BIMCO Awards Leadership, Innovation, Pioneering Business Strategy
BIMCO today presented three awards to recognise and celebrate excellence in the global shipping industry among both companies and individuals in the industry – following BIMCO’s conference in Shanghai. This year the importance of leadership, innovation and pioneering business strategy in shipping were clearly recognised by the judges in the choice of winners. BIMCO President Philippe Louis-Dreyfus chose to give the BIMCO President’s Award to the Tung family from Hong Kong, who run OOCL among other companies.
BW LPG Poaches Ackermann
Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited. Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised, and BW LPG's current CEO, Mr. Nicholas Gleeson, will in due course return to his previous position as Chief Financial Officer of BW Group. Martin Ackermann has been CEO of Evergas since 2008, where he has led the rejuvenation of the former Eitzen Gas fleet, including the development of eight ethane carriers on long-term contracts.
Maersk Tankers Sells its Entire VLGC Fleet
Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its fleet to the BW Group. The BW Group buys Maersk Tankers five owned vessels and takes over the five existing time charter commitments, which Maersk Tankers explains is part of its divestment strategy to focus on fewer segments. Hanne B. Sørensen, CEO Maersk Tankers: “This transaction supports our strategy to focus on fewer segments. Andreas Sohmen-Pao, CEO BW Group, says: “Maersk Tankers has a fleet of high quality vessels and BW is pleased to be acquiring this fleet.
Nor-Shipping 2013 Announce Speaker Lineup
Nor-Shipping 2013 opens just three months from now with a cast of speakers featuring top executives from world-leading companies covering the entire value chain of themaritime industry – from shipowners and technology and service companies to regulators and financiers. Among speakers welcoming delegates to the Opening Conference on June 4 will be Norway’s Minister of Trade and Industry Trond Giske, who will provide a governmental perspective, and IMO Secretary-General Koji Sekimizu, who will share regulatory insights.HRH Crown Prince Haakon of Norway will also attend.
Tankship Seized by Pirates on W. Africa Coast Pillaged, Released
Pirates have freed a gasoline tanker they hijacked, after stealing some of the cargo, the shipowner reports, in a fresh example of a growing trend in the region to hold vessels briefly to offload valuable oil products. The fully-laden BW Maritime owned 75,687 dwt product tanker BW Rhine was forcibly removed from a safe anchorage position off Lome, Togo on 28, April 2012. On 4, May, owners reported BW Rhine hasf been released off Nigeria by its captors. All 24 crew members were reported safe.