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WFW Athens Head George Paleokrassas named Global Maritime Sector Co-Head alongside Lindsey Keeble

Watson Farley & Williams (“WFW”) is delighted to announce that long-standing Athens Office Head George Paleokrassas has been named Global Maritime Sector Co-Head, alongside London-based Lindsey Keeble, who has led the sector since 2014. With over 70 active partners, WFW has the largest dedicated, full-service maritime legal practice in the world. George is universally recognised …

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Japanese companies advance plans for world’s first marine based carbon capture system

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries Group, is advancing a project with shipping company “K” Line and classification society Nippon Kaiji Kyokai to conduct test operations and measurements for a small scale ship-based CO2 capture demonstration plant as shipping progresses toward decarbonization. In April 2018, the International Maritime Organization announced its …

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ZIM and Konfidas announce the creation of ZKCyberStar, a new cybersecurity consulting company

The ever-growing threat of cyber-attack on the maritime industry has only been magnified by the Covid-19 pandemic. At the same time, the industry’s ongoing digitization of its business processes, while indispensable in modernizing, streamlining and enhancing the efficiency of these processes, has increased their exposure to cyber-attack. Multiple recent cyber-attacks on the maritime industry have …

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Meet MABUX New Benchmark!

DBP (Digital bunker prices) are all based on Oil Futures’ variations, and can be used as a Benchmark, while running parallel with the physical market simultaneously. DBP should be the base for the bunker price mechanism and the physical market to come second. This new thinking is the other way around compared to what we …

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Maersk Drilling secures 20-month extension for jack-up rig Maersk Convincer in Brunei Darussalam

Brunei Shell Petroleum Company Sdn. Bhd. (BSP) has exercised the contract extension option for the jack-up rig Maersk Convincer that allows the rig to continue operating offshore Brunei Darussalam. The contract extension has an expected duration of 602 days and will commence in May 2021 in direct continuation of the rig’s current work scope, which …

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Blue Logic gets Innovation Award for subsea docking station

Blue Logic has been awarded the Innovation Award 2020 from ONS, in the SME (small and medium-sized enterprises) category, for its development of an open-standard subsea docking station for underwater vehicles. Blue Logic’s seabed installed docking station enables underwater vehicles or drones to be permanently deployed subsea by providing access to power for charging and …

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