SMI Newsdesk Archives

A steady course for The Swedish Club

The Swedish Club has announced a 2.5% General Increase for 2015, a move which continues to reflect the balanced approach adopted by the Club to the needs of its members and the demands of the global shipping market. This action consolidates the work it has undertaken in 2014, with, once again, a positive underwriting result and the forecast of a bottom line surplus for the full year 2014.

The Board Read More…

Oil spill at Quintero Bay, Chile

Inchcape Shipping Services (ISS) Chile is advising of an oil spill at Quintero Bay, Nr Valparaiso, Chile, following an incident yesterday (Thursday) at the Monobuoy Terminal when the MT Mimosa cut off hoses and cargo connection, resulting in a spill of around three cubic metres at sea.

Following the incident, ENAP (terminal owners) in coordination with the National Maritime Authority of Chile deployed a team of expert environmental personnel to Read More…

First Person: Evangelos Pistiolis, Chief Executive Officer, Top Ships

Top Ships Chief Executive Evangelos Pistiolis firmly believes in the notion of timing. Knowing when to exit a market and knowing when to re-emerge with a clean slate and fresh ideas ready to make money.

And when it comes to investing his hard earned and hard raised cash after such a long period of shipping market largesse followed by a further six years of severe downturn, then it is Read More…

First Person: Evangelos Pistiolis, Chief Executive Officer, Top Ships

Top Ships Chief Executive Evangelos Pistiolis firmly believes in the notion of timing. Knowing when to exit a market and knowing when to re-emerge with a clean slate and fresh ideas ready to make money

Greencarrier Freight Services strengthens organisation in Norway

Greencarrier AB, which until now has operated as two separate organisations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity. The new combined organisation will form a part of the Greencarrier Freight Services division.

Peter Nevhagen, CEO, Greencarrier Freight Services said: “By pooling our strengths, we can offer all of our customers the widest possible range of services. It will make us Read More…

Security contractors released

Port2Port West Africa has announced that two of its contractors were released on bail on Wednesday (9th April) after 19 days of  detention in contravention of the provisions of the Nigerian Constitution and international convention.

Justice Akpomiemie of the High Court of Bayelsa State, Yenagoa, Nigeria agreed that Vincent Haywood, aged 32, and Piers Eastwood, aged 39,  both UK nationals, could return to the UK by the and they were Read More…

Maritime intelligence agency calls for urgent dialogue to prevent Somali piracy resurgence in 2015

A White Paper published this week by Dryad Maritime, the UK-based maritime intelligence agency, has outlined how a shift in US foreign policy could spark a resurgence of piracy East of Suez and in the Indian Ocean in the next 18 months.

David Hunkin OBE, Commercial Director, Dryad Maritime, said: “With the US strategic focus now firmly fixed on the Asia Pacific region and Iran ‘coming in from the cold’, Read More…

MLE organisers to host networking day

Mersey Maritime Group and Shipping Innovation, organisers of this year’s Maritime, Logistics and Energy (MLE) event in Liverpool, are to hold a day of high level networking designed to galvanise interest among all interested parties ahead of the big event in June.

To be held on Thursday 10th April, the networking day will kick off with the Mersey Maritime ‘IFB Hosts’ Event which will bring together all those businesses hosting Read More…

ITIC survey highlights high cost of English litigation for shipbrokers

A survey of London solicitors by ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts.

ITIC gave a panel of London solicitors – all of whom had previously been instructed on cases involving ITIC members – a hypothetical claim scenario involving a broker which had been cut out of commission. The solicitors were asked to estimate the costs that the broker Read More…

AtoBviaC Distance Tables now offered through Voyager Planning Station

AtoBviaC is delighted to announce that its BP Shipping Marine Distance Tables are now incorporated into the highly regarded Voyager Planning Station solution.

From this month, bridge personnel can take advantage of the distance tables while at the same time enjoying the state-of-the-art route planning, intelligent data management and quality of compliance provided by Global Navigation Solutions’ Voyager Planning Station.

Mike Bailey, Head of Product Development at Global Navigation Solutions, Read More…

Interim Report on MOL COMFORT Casualty Released

Following the loss of the container vessel MOL COMFORT on 17th June 2013, ClassNK established a special Casualty Investigation Team in order to determine the cause of the casualty.

Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) further established a Committee on Large Container Ship Safety to develop measures to ensure the safety of large container vessels on 29th August 2013. ClassNK serves as a member of the Committee Read More…

Major contract for Ulstein

Edison Chouest Offshore and Island Offshore are ordering two new OCV vessels through the company Island Ventures II LLC. One vessel will be built at Ulstein Verft, Norway, one in USA.

Ulstein Verft has been contracted to build a new offshore construction vessel of the ULSTEIN SX165 design. This will be the largest vessel built at the yard so far, as well as its largest single shipbuilding contract. The Read More…