SMI Newsdesk Archives

Kongsberg Maritime: YARA selects Norwegian shipbuilder VARD for zero-emission vessel Yara Birkeland

The world’s first autonomous and electric container vessel is one step closer to launch, as YARA signs a deal with VARD worth appr NOK 250 million to build the vessel. VARD will deliver Yara Birkeland for launch in early 2020, and the vessel will gradually move from manned operation to fully autonomous operation by 2022.

In May 2017, YARA and technology company KONGSBERG announced a partnership to build the world’s Read More…

SMS launches superyacht after major three-year restoration

Southampton-headquartered ship repairer and marine engineering services provider SMS yesterday (Tuesday) launched the classic superyacht Alicia from its covered 60m dry dock in the heart of the city, after a three-year restoration.

In recent years, SMS has completed refits for Sir Charles Dunstone on Shemara, Lord Sugar on Lady A and now on Alicia for another distinguished British owner.

Peter Morton, CEO of the SMS Group said: “As a company Read More…

Official opening of CNCO Swire in Vancouver

The China Navigation Co (CNCo) opened its doors at a ribbon cutting ceremony at its new offices in Vancouver on Thursday.

CNCo is a provider of sustainable shipping solutions, based in Singapore and held directly by the parent company John Swire & Sons, headquartered in the UK.  The company has three business divisions:  Swire Bulk (dry bulk shipping), Swire Shipping (multipurpose liner services) and Swire Bulk logistics (marine solution specialists).  Read More…

ZEABORN Group combines shipmanagement activities under new brand

The Bremen-based ZEABORN Group is combining its shipmanagement activities under the new brand ZEABORN Ship Management GmbH & Cie. KG (ZEABORN Ship Management). The company is based in Hamburg and is bringing together Rickmers Shipmanagement, which was acquired by ZEABORN in September 2017, and E.R. Schiffahrt, acquired in February 2018. The company will trade under its new name with effect from 10th August 2018.

Another milestone in the development of Read More…

Coldharbour opens Singapore office, plans expansion in Asia

UK-based Coldharbour Marine, a manufacturer of ballast water treatment systems (BWTS) based on unique inert gas technology, has opened a new office in Singapore and appointed Capt Mohit Batra, a master mariner with an MBA from Oxford University, to lead its planned expansion into the Asian market.

Capt Batra, Managing Director of Coldharbour Asia has extensive experience of the shipping sector gained over more than two decades. He has held Read More…

Aegean Marine Petroleum Network announces key leadership appointments and new management committee

Aegean Marine Petroleum Network has announced three significant executive appointments and the establishment of a new Management Committee.  Together these actions represent important progress rebuilding Aegean’s senior leadership team.

Kostas Polydakis, formerly Aegean’s Managing Director, Shipping, has been promoted to Chief Operating Officer; John G. Mystakidis, formerly a partner at Ernst & Young and most recently a full-time consultant to the Company, has joined the Company as its Group Financial Read More…

Ship performance has 80/20 rule

The shipping industry risks investing billions of dollars on vessel optimisation services that fail to deliver on overall operational efficiency and performance due to a lack of understanding and appreciation of weather which accounts for 80% of the impact on vessel performance warns voyage intelligence and insight specialist StratumFive.

As vessel performance optimisation becomes increasingly more sophisticated, ship owners and operators have access to a far broader range of technologies, Read More…

Newport Shipping signs cooperation agreements with equipment suppliers and service firms

Newport Shipping has inked cooperation agreements with several marine equipment suppliers and service companies as part of the London-headquartered company’s commitment to providing ship owners with quality turnkey shiprepair and retrofit solutions across its partner shipyards.

Recent agreements with hatch cover specialist Navitech, machinery specialist IngeJov, and ShipParts.com for turnkey spares supply, allows Newport Shipping to procure spare parts and deliver specialised services on behalf of its customers as part Read More…

d’Amico International Shipping announces the sale and lease back of one of its MR vessels

d’Amico International Shipping has announced that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) has signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Loyalty, a 49,990dwt medium-range product tanker vessel, built in 2015 by Hyundai-Mipo, South Korea for a consideration of $ 28.5 million.

This transaction allows d’Amico Tankers to generate at the Vessel’s delivery around $13.3 million in cash, net Read More…

Singapore lands on Wilhelmsen as a maritime partner for drone delivery

Announced during the Aviation Community Reception, hosted by the Civil Aviation Authority of Singapore (CAAS), Wilhelmsen Ships Service has been selected to help develop the future Unmanned Aircraft Systems (UAS) regulatory framework for Singapore and will receive dedicated funding for their shore-to-ship delivery project.

Wilhelmsen Ships Service is one of only four companies to have received the funding, following a Call-For-Proposal (CFP) by CAAS and the Ministry of Transport. The Read More…

Thordon Bearings and Heddle Marine team up to convert ships to pollution free propeller shaft lines

Thordon Bearings and Heddle Marine Service have signed a cooperative agreement under which the Canada-based ship repair company will work together with Thordon Bearings to promote the conversion of ships’ oil lubricated propeller shafts to Thordon’s COMPAC open seawater lubricated bearing system.

The agreement will create an action plan in which a specialist team, comprised of Heddle Marine and Thordon Bearings’ personnel, to offer support to ship managers and owners Read More…

The Unifeeder Group becomes part of the DP World Group

The Unifeeder Group, the largest Pan-European feeder and shortsea operator, has announced the signing of the agreed acquisition of Unifeeder by DP World, a leading enabler of global trade and an integrated supplier to numerous supply chains, who operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics and ancillary services to technology-driven trade solutions.

Under its new ownership, Unifeeder will benefit from DP World’s global Read More…