SMI Newsdesk Archives

ClassNK President calls for increased leadership from class societies on emission reductions

Noboru Ueda, Chairman and President of ClassNK, has called for class societies to play a more central role in industry efforts to reduce maritime GHG emissions and to help unite different sectors of industry in fighting the issue.

During a speech at Sea Asia 2011 in Singapore, Mr Ueda, who is also Chairman of the International Association of Classification Societies, called for greater leadership from the classification sector and said Read More…

Industry raises alarm as pirates retain hostages despite ransom delivery

The industry has expressed disdain at the continued detention of seven Indian seafarers in Somalia, despite the payment of a ransom, in a move which represents a major shift in expected practices between vessel owners and pirates.


In a joint statement, the International Chamber of Shipping, ITF, Indian National Shipowners’ Association, NUSI, MUI, IMEC, Read More…

new acquisition deal for Wilhelmsen Ships Service

Wilhelmsen Ships Service has announced the finalisation of the acquisition of Eurokor Logistics, a ships agency, logistics and forwarding company based in the Netherlands and Belgium, which took place on April 1st.

Bård Bjørløw, Vice President Europe at Wilhelmsen Ships Service said: “The Netherlands and Belgium are key strategic locations for our customers and Eurokor will be a valuable addition to our ships agency and logistics expertise in this market. We need to Read More…

New coating promises to cut cleaning costs and downtime

The latest line in coating technology was unveiled by International Paint this week, promising cuts in cleaning bills, fuel costs and the ability to carry over 25% more cargoes on chemical tankers.

Interline9001 is the result of 12 years of development work in the Gateshead-based company’s laboratory and will bring a multitude of welcome solutions to the growing chemical tanker market.

Existing coating systems such as epoxy phenolic and zinc Read More…

Wallenius Wilhelmsen Logistics reduces carbon emissions by 21%

Wallenius Wilhelmsen Logistics has reported a cut in its CO2 emissions by 21% for 2010 in comparison to 2009, in a positive change attributed to increased fleet optimisation and utilisation.

The company has also reported the results of its low-sulphur fuel policy, which has also allowed for some impressive reductions in sulphur emissions by 151,000 between 2000 and 2010.

The company includes these figures in its 2010 Environmental Sustainability Report, Read More…

Installation error sees ship manager pick up communications bill

A ship manager has been asked to pay $436,000 in communication costs following an error in which a crew were unintentionally granted unrestricted internet access for a three month period, leading to hefty airtime charges.

Reporting the incident in its Claims Review, mutual insurance company the International Transport Intermediaries Club (ITIC) stated that the shipping company had a policy of upgrading communications packages on all its time-chartered and owned vessels, Read More…

Graig wins major Chinese newbuilding contract

Shanghai-based Graig China, part of the UK’s Graig group, has won a 10-ship order to supervise newbuildings for Chinese leasing company Minsheng Financial Leasing Co. The supervision contract brings to 23, the number of Chinese-owned vessels building in Chinese shipyards under the supervision of Graig.

The new contract is to supervise the construction of 10 x 76,000 dwt bulk carriers to be built at Jiangsu Rong Sheng Heavy Industries, with Read More…

Over-tonnaging fears see confidence dip again as shipping braces itself for finance costs rises

Overall confidence levels in the shipping industry dropped for the third successive quarter in the three months ending February 2011, to reach their lowest level for 15months, according to the latest survey by leading accountant and shipping adviser Moore Stephens.

Over-tonnaging and the uncertainty created by political unrest in the Middle East and North Africa were the dominant themes running throughout the responses to the survey, which also revealed an Read More…

Wilhelmsen launches next generation cargo vessel

Wilh. Wilhelmsen has marked its 150th anniversary in style by launching what it claims is the most sophisticated vessel ever built in the roll-on, roll-off segment.

“We expect the Mark V will strengthen our position as the global market leader within deep sea roll-on roll-off transport”, said Jan Eyvin Wang, president and CEO of Wilh. Wilhelmsen, representing the owner of the vessel.

“The Mark V class is the most sophisticated Read More…

Shipping industry approaches Johnny Depp to highlight ‘piracy’

Much more than a ripple of applause spread around the conference hall at this year’s CMA 2011 event in Stamford when Bimco President Robert Lorenz-Meyer told delegates that the shipping industry needed an icon to highlight the plight of the piracy problem and who better to do the job than that old Caribbean pirate himself Jack Sparrow, aka Johnny Depp.

You can imagine the gasps that erupted when it emerged Read More…

Put ship-based decision making back in the hands of the crew: Evitt

Decision-making needs to go back to the hands of crew and away from shore-based managers, InterManager President Alastair Evitt, has told delegates attending this year’s CMA 2011.

 “I regret to say it – but in many cases shipboard management teams have to be retrained to think for themselves, to understand the commercial issues and to have an awareness of product and service delivery,” he said.

Taking part in the opening Read More…

Arrest order forces cruise ship owner to settle outstanding ship agency bill

International Transport Intermediaries Club (ITIC) has warned that failure to pay ship agents promptly in accordance with contractual agreements can have serious consequences for shipowners, and can potentially involve them in costs which far exceed any unpaid invoices. 

In the latest issue of its Claims Review, ITIC cites the case of a South American ship agent which was owed $25,000 by the owners of a cruise ship in respect of Read More…