Dispatches: Europe confronts the ‘death boats’ of the med

By Thomas Ország-Land Ship captains are trapped by … >>


Ebola – no need for travel or trade ban

The World Health Organization’s International Health … >>


First Person: Alfonso Castillero, Vice-President, Liberian Registry

Ask Alfonso Castillero about his typical day or typical … >>

first person

The human factor

In the maritime industry, the ethos is a simple one – you … >>

technical management

Cover Story: Is shipping ‘smart’ about the internet?

6th Singtel Maritime ICT Round Table Optimising cost to … >>


SMI Newsdesk

Paper boats in different colors

INTERTANKO Documentary Committee launches bunker surcharge clauses for ECAs

Rising bunker prices due to rising oil prices and volatility in global politics can have a dramatic effect on trade as they fluctuate not just day to day, but also port to port. Bunker fuel costs today form the largest part of owners’ expenses, being anything from 40-60% of the overall operating costs of a ship. The tightening of regulations in Emission Control … Read More...


A.M. Best awards Swedish Club ‘excellent’ rating

A.M. Best Ratings Services has awarded a financial strength rating of A- (Excellent) and an issuer credit rating of "a-". to The Swedish Club with a stable outlook, claiming the Club is expected to maintain an excellent risk-adjusted capitalisation throughout 2015. As a mutual association, the Club accepts some volatility in underwriting performance, it said, but, … Read More...


Inchcape Shipping Services announces new Vice President Africa Operations

Inchcape Shipping Services (ISS), a provider of maritime, cargo and supply chain solutions provider has announced the appointment of Peter Nielsen to the position of Vice President Africa. Peter joined the team this month and will support Mombasa-based SVP David Mackay with operations activity across the region. Peter joins ISS with extensive agency experience in … Read More...

Class nk

ClassNK register tops 230m GT

ClassNK has confirmed it has topped two 30 million gross tons for the first time. The announcement was made following a meeting of the Society ’s Classification Committee, which certified that the NK Register listed 8,826 vessels totaling 231.34 million gross tons at the end of November 2014. As ClassNK finished 2013 with some 220.9 million gross tons on its … Read More...

green handshake

RINA expands into Canada with Hayes Stuart acquisition

Italy’s growing engineering, testing, marine services and ship classification group RINA has acquired a majority stake in Montreal-based marine survey company Hayes Stuart. The move gives RINA Services a platform for further expansion into the growing market in Canada. Stefano Socci, General Manager Americas, RINA Services, said: “Hayes Stuart is a well-established … Read More...

Sheila McClain

Braemar Engineering appointed as owner’s electrical engineers for Texas LNG Brownsville Project

Braemar Engineering, the marine and LNG technical consultancy arm of the Braemar Shipping Services group has been appointed as Owner’s Engineers by Texas LNG Brownsville (Texas LNG) for the proposed Brownsville LNG project. The project will be constructed in a deepwater frontage site along the Port of Brownsville shipping channel, South Texas, and is anticipated to … Read More...

Peter Hinchliffe, ICS Secretary General

Industry calls on governments to address migrants at sea crisis

Speaking at a high level Dialogue on Protection at Sea, hosted by the United Nations High Commissioner for Refugees (UNHCR) in Geneva, the International Chamber of Shipping (ICS) has called on governments to address the growing refugee and migrant crisis in the Mediterranean. ICS Secretary General, Peter Hinchliffe, remarked: “The shipping industry fully accepts … Read More...

money box

UK P&I Club launches members’ self-assessment scheme

The UK P&I Club is trialling a new self-assessment scheme for its entered ships in a bid to help its ship owner members reduce their insurance premiums by taking a more hands-on role in identifying and controlling the risk of accidents on their vessels. The trial is the latest development in the Club’s new claims-based approach to ship inspections. Launched 4 … Read More...

"There simply won’t be enough people with the right change management skills to go around" Jason Byrne, Principal and Transport sector lead at Moorhouse

Shipping confidence drops to two-year low as concern mounts over cost of regulation

Overall confidence levels in the shipping industry fell during the three months to November 2014 to their lowest level for two years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. The survey revealed increasing concern about the high cost of achieving compliance with new regulations, and ongoing … Read More...

Steve Schollaert

Inchcape Shipping Services announces new Executive Vice President, North America

Inchcape Shipping Services (ISS), the worldwide maritime, cargo and supply chain solutions provider has announced a key hire to its senior management team with the appointment of Steve Schollaert  (pictured) as Executive Vice President for North America region. Mr Schollaert joins ISS with extensive experience at American President Lines (APL) where he held senior … Read More...

Hands Up

ITF calls for implementation of new IMO measures on safe manning

The International Transport Workers’ Federation is getting set for 2015 changes in the determination of safe manning of vessels, which come as a result of new International Maritime Organization (IMO) requirements. Over the past three years the IMO has redefined the concept of safe manning of vessels and as a result, as of January, conditions should change. Flag … Read More...

Kuwait Oil Company names latest ASD 3212 tug in Romania (1)

Kuwait Oil Company names latest ASD 3212 tug in Romania

The official naming ceremony has been held for the ASD 3212 tug vessel KOC Shahem, the second in a series of 14 that Damen Shipyards Galaţi is building for the Kuwait Oil Company (KOC). CEO Hashem Sayed Hashem attended the ceremony for the tug which will be used to assist tankers at near shore loading terminals and at new single point moorings offshore. The two … Read More...

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