SMI Newsdesk Archives

Baltic Exchange sets out modernised Code for freight market

The Baltic Exchange will be introducing a modernised code of conduct for ship owners, charterers and shipbrokers using the physical shipping and freight derivatives markets.

Following a detailed review of the current arrangements led by law firm Norton Rose Fulbright with oversight by the Baltic Exchange Council and the Baltic Membership Council, the New Baltic Code has been drafted to bring together a set of principles and business practices which Read More…

GAC South Africa expands into Port Elizabeth

GAC South Africa has opened its fifth branch, to provide a portfolio of shipping services for oil & gas projects and LPG shipments at Port Elizabeth as well as its neighbouring port Ngqura (Coega).

GAC has served customers with vessels calling at Port Elizabeth through a sub-agent for more than 10 years, and is now expanding its operations in the region in response to growing demand for GAC’s range of Read More…

The IMRF launches 2018 Awards and calls for nominations

The International Maritime Rescue Federation (IMRF) has launched the IMRF Awards 2018 and is calling for nominations and entries from around the world. The Awards are unique, in that they were specifically established to recognise and reward the selfless efforts of search and rescue (SAR) operators around the world, who make many sacrifices to save lives at sea.

The IMRF Awards also showcase new search and rescue products, technologies and Read More…

UK Caribbean shipping agency receives prestigious Queen’s Award

Kestrel Liner Agencies, the Caribbean region’s go-to shipping agency and gateway to the rest of the world, has been awarded the prestigious Queen’s Award For International Trade 2018.

The Award recognises Kestrel’s rapid growth over the past three years, both in the Caribbean market as well as its short sea services from the UK to Spain, Portugal and Morocco; East and West Africa plus global vehicle transportation (RORO) services. Kestrel, Read More…

Digital Ship’s Maritime Big Data Forum

‘The journey to create big data value’ will be the theme of Digital Ship’s Maritime Big Data Forum which takes place at the Radisson Blu, Oslo on 29th May.

Big data has been on our maritime agenda for some years now. We have not only seen big data in shipping, but we are also increasingly experiencing the impact in the day to day. Digital frontrunners (such as Amazon and Alibaba) Read More…

STASCo reinforces commitment to BMT’s REMBRANDT

Shell International Trading and Shipping Company (STASCo) has signed a contract with BMT which will see the shipping giant purchase its own in-house licence of BMT’s industry-leading navigation simulator, REMBRANDT.

Following several years of using REMBRANDT as a project engineering support tool, STASCo has purchased an advanced desktop version of REMBRANDT with consoles and will use the simulator to support a range of on-going and future projects involving navigation and Read More…

Compensation regime for Hazardous and Noxious Cargoes a step closer

Two ratifications to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship have brought the instrument a step closer to entry into force.

Canada and Turkey on Monday (23rd April) deposited their instruments of ratification to the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996 (2010 HNS Read More…

IMarEST Chief Executive shortlisted for Louis Armstrong CEO Leadership Award

David Loosley, Chief Executive of the Institute of Marine Engineering, Science and Technology, has been shortlisted for this year’s memcom Louis Armstrong CEO Leadership Award.

Arguably the most prestigious award for an individual within the professional associations sector, the Louis Armstrong Leadership Award recognises true leadership of a professional body or trade association. The 2018 award will be made to a Chief Executive who in the opinion of the judges Read More…

Mersey Maritime announced as supporting organisation of International Maritime Forum

Shipping Innovation has welcomed Mersey Maritime as a supporting organisation of the International Maritime Forum – a global maritime and supply chain conference to be held on 21st June as part of the Liverpool-based International Business Festival (IBF).

The International Maritime Forum, titled: The Northern Maritime Powerhouse: Driving global trade post-Brexit, will look at how digitalisation and increased connectivity can enhance port processes and drive innovation to boost global trade.

Read More…

Thordon joins growing IWSA membership base

Thordon Bearings has joined a growing number of organisations to have signed up as a full associate member of the International Windship Association (IWSA), the organisation established to facilitate and promote the economic and environmental advantages of wind propulsion across the shipping industry.

IWSA now has a membership base of over 40 companies and organisations that includes ship owners, naval architects, research institutes, environmental groups and original equipment manufacturers.

Thordon Read More…

‘Let’s Cleanup Europe’ Campaign

Every year, millions of tons of plastics and other litter pollute our seas, beaches, rivers, forests and other natural areas. This is primarily due to the lack of a heightened environmental awareness among the wider public that leads to indifference, as well as a lack of suitable infrastructure and waste management practices.

Aiming to project the serious problem of litter pollution and the need to prevent it, the Hellenic Marine Read More…

Postitive annual results for Shipowners’ Club

Shipowners’ Club, the mutual P&I insurer in the smaller and specialist vessel sector, has reported positive results for the year ending 31st December 2017, despite the challenging market conditions to both the insurance and shipping sectors.

The Club has reported a combined ratio of 99.1%, stability in Member and vessel numbers, a small uplift in gross tonnage to 25.48m and an overall surplus of $47.7m, including a return on the Read More…