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Shipping’s Safety Improving, But New Threats Like Cyber Will Require Additional Financial Resources from Ship Owners

Allianz launched its latest annual survey on shipping safety. With this occasion, Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), held an exclusive interview with Captain Andrew Kinsey, Senior Marine Risk Consultant at AGCS. Among his conclusions from the findings was that autonomous ships shouldn’t be seen as a panacea, when it comes to enabling for safer seas. …

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Orolia Primed for Leading Position in Automated Vessel Monitoring with Latest Acquisition

Last month, Orolia announced the acquisiton of Netwave Systems, a Netherlands company specialising in the VDR (Voyage Data Recorders) market. VDRs are mandated by the International Maritime Organization on-board every merchant vessel subject to the SOLAS Convention. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Chris Loizou, Chief Business Development Officer of …

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Dry Bulk: Higher Than Expected Demand is Pushing Freight Rates Higher, But Supply is Also Not Falling Fast Enough for a Sustained Recovery

Dry bulk ship owners must avoid getting “caught up in the moment”, as market rates have improved significantly over the past couple of months, warns BIMCO’s Chief Shipping Analyst, Mr. Peter Sand, in an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com). After all, the market is still not profitable for most owners and with …

Dry Bulk: Higher Than Expected Demand is Pushing Freight Rates Higher, But Supply is Also Not Falling Fast Enough for a Sustained Recovery Read More »

Ship owners should start planning for the 2020 sulphur cap, as time frame is closing rapidly says DNV GL

The next few years are bound to change a major part of the way that the shipping industry is operating, as there will be a tectonic shift in fuels used and as such, major conversion and retrofit projects on existing vessels, as well as planning for future-proofing current newbuildings, need to be set in motion …

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John Fredrisken’s Slow Steaming Policy, Angelicoussis’ number of vessels on ballast or laden, new trading patterns are now directly available through Vessels Value’s new online tool

Ship owners and shipping executives in general are often facing challenging decisions, when it comes to vessel employment and strategic planning of their fleet. As such any useful information is in fact added value. To this extent, ship valuations experts VesselsValue just launched a new online product, called VV Trade, which analyzes global trading patterns, …

John Fredrisken’s Slow Steaming Policy, Angelicoussis’ number of vessels on ballast or laden, new trading patterns are now directly available through Vessels Value’s new online tool Read More »

Maritime Terrorism, Cyber Crime, Kidnappings and Ransoms are the “New Somalia” For Today’s Shipping Industry

A few years back it was Somalia which took the maritime world by force, awakening ship owners to a new reality of maritime dangers. Today, when most people seem to think that these are now perils of the past, the realities of maritime shipping are much more dangerous and complex, just not so much in …

Maritime Terrorism, Cyber Crime, Kidnappings and Ransoms are the “New Somalia” For Today’s Shipping Industry Read More »

Berge resignation confirmed as ASRY outline “seamless" transition to Mustafa

Bahrain-based Arab Ship Repair Yard (ASRY) has confirmed the shock resignation of chief executive Nils Kristian Berge, saying the Norwegian is to return home for family reasons. As Seatrade Maritime News revealed yesterday on breaking the news of Berge’s unexpected departure, Magdy Mustafa has been named acting chief executive. In a brief two paragraph statement, …

Berge resignation confirmed as ASRY outline “seamless" transition to Mustafa Read More »

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