BMS Re, the expansive specialty reinsurance arm of the global broking group BMS, today announces the promotion of Andrew Wheeler to president. He will take up the position effective immediately. Wheeler will report to Pete Chandler, CEO of BMS Re. A veteran of BMS, Wheeler assumes the role with more than 20 years of experience …
It’s clear that trading patterns for VLCCs have changed significantly over the last 12 months. European oil markets have seen a clear shift away from Russian crude since the start of the Russia-Ukraine conflict. Official sanctions by the EU on Russian crude in place today mean that we now see virtually no Russian crude flowing …
Good news for shipowners as VLCC Inter-Atlantic trade remains strong Read More »
The ‘stronger for longer’ banter on the global clean tanker markets sums up Scorpio Tanker’s market outlook for the balance of the second quarter and the second half of the year, as the company attributes the substantial drop in clean tanker freight rates during the month of April to global refinery maintenance. “The substantial turnarounds …
The Sub-Committee on Pollution Prevention and Response has approved the revised Guidelines for the control and management of ships’ biofouling to minimize the transfer of invasive aquatic species. It came during the Sub-Committee’s 10th session (PPR 10, 24-28 April) and follows a comprehensive review of the Guidelines. Biofouling is the accumulation of aquatic organisms on …
Draft revised Biofouling Guidelines approved at PPR 10th session Read More »
The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Each service offer is intended to put the company’s technology and business firmly on the …
Methanol momentum: 25 ships in operation, 81 more on the way Read More »
Offshore drilling contractor Noble Corporation has won new contracts and extensions for multiple rigs in Guyana, Colombia, the U.S. Gulf of Mexico, and offshore Sarawak, Malaysia. Buoyed by its strong operational and financial performance in the first quarter of 2023, the rig owner’s hopes of higher day rates and fleet utilisation are further inflamed by the offshore …
Three seafarers have been reported missing from Grebe Bulker, a bulker vessel managed by Eagle Bulk Ship Management Singapore. Illustration; Image credit Eagle Bulk The vessel is believed to have been boarded by pirates whilst in the inner anchorage of the Port of Owendo, Gabon, on May 2, 2023. The crew members were reported missing …
Eagle Bulk confirms 3 seafarers are missing from its bulker in Gabon Read More »
Panama-flagged oil tanker Niovi was seized by Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) while transiting the Strait of Hormuz on May 3, the U.S. Navy said. Image credit: US Navy The 309,300 dwt VLCC, built in 2005, is owned by Liberia-based Grand Financing Co, on behalf of Greek Altomare, and managed by Smart Tankers. …
SAAM, a company providing port, logistics and towage services in the Americas, concluded the purchase of 21 tugboats from the Brazilian company Starnav. Image Credit SAAM Towage Starnav’s fleet includes 19 tugs currently in operation and two additional vessels in the final phase of construction. “This is one of the largest transactions in SAAM’s history …
SAAM closes deal to acquire 21 tugs from Starnav Read More »
La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …
SAAM cierra adquisición de remolcadores de Starnav en Brasil Read More »
