Private equity owned or backed shipping companies are increasingly venturing in the ships-for-shares deals with listed ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) Mr. Daniel Saunders, a London partner with law firm Watson Farley & Williams (www.wfw.com/) explains the growing popularity behind this trend and the reasoning behind it. Lately, …
Digitalization in shipping isn’t just a gimmick. It’s real, it’s here and is constantly evolving, helping ship owners cut costs, or improve efficiency among others. In an exclusive interview with Hellenic Shipping News (www.hellenicshippingnews.com), Mr. George Teriakidis, DNV GL’s Regional Business Development Manager outlines the various advantages and where digitalization can be applied. According to …
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The effects of an ongoing trade war are starting to have an impact on the dry bulk market, while the gradual halting of demolition activity also had an adverse effect on freight rates. Still, 2018 has to be seen as a positive year for the market. In an exclusive interview with Hellenic Shipping News Worldwide …
International Registries’ directors are optimistic that the 2050 targets set by the IMO’s recent meeting, on shipping’s decarbonisation are achievable. In an exclusive interview with Hellenic Shipping News Worldwide, the company’s executives highlighted the fact that over the next 10-15 years, ships’ propulsion technologies will see a dramatic change. However, as Mr. Theofilos Xenakoudis pointed …
Ship-repair services specialist Newport Shipping opened a new office in Athens. The company’s CEO, Mr. Erol Sarikaya discusses with Hellenic Shipping News the unique business model of Newport Shipping, which offers significant savings for ship owners and warns that in the months leading up to 2020, berths’ availability for conversion or retrofitting projects are bound …
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GAC Group is focusing on quality of ship agency services and providing value to the ship owning community, controlling costs through smarter information technology. The company’s group sales director, Mr. Neil Godfrey is also reporting at Hellenic Shipping News Worldwide interesting growth in Russia (Yamal Peninsula) and Africa (West and East), as trade and local …
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ABB Turbocharging Greece and Cyprus formed a business partnership with Cyprus’ Multimarine, a modern ship repair yard. The companies will work together on servicing existing clients’ vessels. “We wanted to have a partner in the island to serve the growing demand from our clients and we’ve achieved this”, says Mr. Ioannis Smyrneos, LBU Manager for …
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Maersk Fluid Technology is able to offer ship owners important savings. Blending-on-Board is already in broad use from various vessels of the Maersk fleet with great results, says Mr. Jacob Fahlstadius, Marine Engineer with the company. Speaking: Jacob Fahlstadius, Marine Engineer, Maersk Fluid Technology Source: HELLENIC SHIPPING NEWS WORLDWIDE – Online Daily Newspaper
Telecommunications are becoming an ever so important part of the maritime business. KVH is among the leaders in new technologies like connectivity as a service. As technology evolves so do services, an important factor in crew retaining. Speaking: Mark Woodhead, Senior VP of EMEA and Elizabeth Jackson, Chief Marketing Officer and Senior VP for strategy, …
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Brookes Bell is expanding and is making waves in the maritime industry, with a multi-disciplined approach and divergence enabling quality consulting services, especially when it comes to investigating material failures. The company was recently acquired by Thomas Miller Group. Dr. Ken Kirby is talking to Hellenic Shipping News about the company’s portfolio of services and …
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