SMI Newsdesk Archives

Bajpaee takes over BSM helm

Rajaish Bajpaee, past President and MD of Eurasia and Deputy CEO of the merged Bernhard Schulte Shipmanagement group, has replaced Andreas Droussiotis as head of the world’s second largest third party shipmanagement company.

Mr Droussiotis, who is retiring after 36 years with the Schulte Group, will remain as a non-executive chairman for the next two years to allow for a smooth transition of control and to support the new CEO Read More…

VIDEOTEL TRAINING SERIES ADDRESSES SERIOUS RISKS POSED BY DANGEROUS BULK CARGOES

Dangerous solid bulk cargoes which have the potential to sink a ship are the focus of both new legislation and a new training package from leading maritime training expert Videotel.

On January 1st 2011, the International Maritime Solid Bulk Cargoes Code – the IMSBC Code – officially comes in force. The IMSBC Code is mandatory under the provisions of the SOLAS Convention and supersedes the Code of Safe Working Practice Read More…

Drydocks World wins $13m FPSO conversion contract

Drydocks World has been awarded a $13 million conversion contract for an FPSO by BW Offshore, one of the world’s leading FPSO contractors.

The vessel, BW Carmen, which has been renamed BW Athena was built in 1994 and converted to an FPSO in 1999. The vessel arrived at the yard recently.

Under the agreement with BW Offshore, Drydocks World’s scope of work includes lengthening of the vessel and fabrication and Read More…

SIS earns record breaking contract amid legal victory

Maritime and offshore IT company Star Information Systems (SIS) has signed a contract with Dutch dredging and marine contractor Van Oord, covering over 90 vessels and representing one of the largest IT contracts ever awarded within the maritime industry.

SIS will provide a comprehensive suite of software solutions for the technical management of the Van Oord fleet, including maintenance, purchasing, logistics and asset management. SIS will also develop additional software Read More…

Sovcomflot successful in Exxon Neftegas Supply Vessel tender

The Sovcomflot (SCF) Group of companies and Exxon Neftegas Limited (a subsidiary of ExxonMobil) have signed long-term agreements for two icebreaking supply vessels to service the oil platform at the Sakhalin-1 Project Arkutun-Dagi offshore oil field.

The official signing ceremony, which took place in Moscow’s Kremlin, was attended by the Chief of Staff of the Presidential Executive Office, the Chairman of the Sovcomflot Board of Directors Sergey Naryshkin, Read More…

MONEY AND BLOOD: Views of Clay Maitland

It is not clear whether the loss of the Jian Fu Star (October 27th 2010: 13 fatalities); Nasco Diamond (November 10th 2010: 21 fatalities); or the Hong Wei (December 3rd, 2010: 10 fatalities) involved a ship that lacked P&I cover or that was not classed with a known (much less respectable) classification society. However, discussions with knowledgeable ship owners active in dry bulk trades indicate that many ships lifting cargo Read More…

Sovcomflot considers appeal

Russian shipping giant Sovcomflot is considering launching an appeal against the decision by the judge in its much publicised High Court litigation case, it has emerged.

Vladimir Mednikov, Executive Vice-President of Sovcomflot and Chief Legal Officer of the SCF Group, said: “[The] judgment from Mr Justice Andrew Smith has found the key defendant liable for acting against the interests of companies within the SCF Group. We are very disappointed, however, Read More…

Nikitin welcomes High Court judgment in Sovcomflot dispute

RUSSIAN shipowner Yuri Nikitin has welcomed the decision of the High Court in London to clear him of most of the claims made against him by Russian shipping giant Sovcomflot and Novorossiysk Shipping Company (Novoship) with whom Sovcomflot has merged.

The decision comes after a trial spanning six months in which Sovcomflot and Novoship sought to recover approximately $850m they claimed was owed to them as a result of the Read More…

Piracy Hostages and family needs highlighted in Manila seminars

Two major events held at the AMOSUP Convention Hall in Manila on December 7th and 9th highlighted the needs of seafarers and their families during piracy hostage situations.

The Piracy Awareness Seminar brought together over 90 participants from manning agents, unions, government departments and other sectors of the industry to discuss the latest international situation concerning pirate attacks and the implications for families of seafarers caught up in such incidents. Read More…

INTERMANAGER KPI SEMINARS SOLD OUT

Seminars held to outline InterManager’s KPI project to the wider shipping industry are proving so popular they are “selling out fast”! Two forthcoming free events being organised by InterManager this month are fully booked already. They are being held in Copenhagen on December 14th and in Hamburg on December 16th.

InterManager Secretary General Kuba Szymanski said: “I am overwhelmed by the interest the shipping world is showing in the KPI Read More…

Lubmarine’s Aurelia TI sets new standards in medium-speed performance

International marine lubricant supplier TOTAL Lubmarine has launched a new product specifically designed to improve the performance and protection of medium-speed engines, while achieving significant savings on maintenance and operational costs.

The new lubricant, Aurelia TI, uses the very latest additive technology available in the market to create a product which facilitates excellent performance in terms of cleanliness, particularly for the engine piston under-crown, and thus offers greatly enhanced protection Read More…

Intercargo warns on nickel and iron ore cargoes

Three days after informing the Maritime Safety Committee of the International Maritime Organization (IMO) about what it feels are the unacceptable hazards associated with Iron Ore fines loaded in wet weather conditions and Nickel Ore, Intercargo – the dry bulk shipowners association, has called on shippers and cargo interests to conduct an urgent review into the testing and safety processes involved in shipping the cargo following a spate of accidents and Read More…