Britannia reports fast rise in cost of claims

The overall cost of P & I claims is growing faster than calls and premiums, it was reported when the Britannia Committee met yesterday (Tuesday). The Committee noted the very high level of claims in three of the last four years and retained claims for 2011/12 are expected to exceed the previous peak in 2008/09 […]

Good samaritan: AoS nun helps impoverished crew

A nun provided rags to clean the engine on a cargo ship because the crew had no money to buy them, as they had not been paid for nearly three months. Sister Marian Davey, Apostleship of the Sea (AoS) chaplain to the Haven East Anglia ports, was asked by a Special Branch officer to visit […]

ABS releases environmental management software

ABS, provider of classification services to the marine and offshore industry, has announced the release of a new Energy & Environmental Manager module within asset management software suite, NS5 Enterprise. This module is designed to help owners and operators meet the environmental and operational demands faced by the maritime industry. Energy efficiency, emission controls and […]

Ideocean keeps it green: Bringing together technology, investment and end users in marine tech.

Maritime and offshore advisory company Ideocean Holdings has commented on the economic realities of green shipping – in response to news that leading charterers will only deal with ‘Green Tonnage’, and that ship finance banks are closely considering effeciency metrics, such as Energy Efficiency Design Index (EEDI), as part of their lending decisions. Speaking at the Fullerton Hotel in Singapore, Manish Singh, Group Managing Director, touched […]

Natural gas production to stay afloat as industry moves to the water

The next few years will see increased use of Floating Liquefied Natural Gas (FLNG) vessels in the global LNG industry, as distant ‘stranded’ natural gas fields are given new life through the pioneering technologies offered by FLNGs, states a new report by natural resources experts GlobalData. The new report examines the huge anticipated rise in […]

Maersk Tankers finalises sale of Small Northwest Europe

Maersk Tankers has finalised the sale of the Small Northwest Europe segment, currently managed by Broström in Gothenburg, to the Swedish Thun Group. Twelve of the 13 vessels in the segment are already owned 50/50 by Thun and Broström and one is fully owned by Broström, with the fleet comprising 1.7% of Maersk Tankers invested […]

Reflex Marine moves to new historic HQ

Reflex Marine, a global company providing transfer of personnel to and from offshore installations and vessels, has started work on new headquarters as it celebrates its 20th year in business. The new premises, which will replace the current company HQ in Truro, Cornwall, UK, will offer Reflex Marine the capacity to expand to meet increasing […]

Bergen Bunkers and OW Bunker confirm strategic cooperation

Bergen Bunkers and OW Bunker, suppliers of marine fuels and lubricants, today confirmed a strategic cooperation which will see OW Bunker acquire the entire share capital of Bergen Bunkers.  Bergen Bunkers has offices in Bergen and St Petersburg, and provides fuel and lubricants to a number of Norway’s ship owners and operators, as well as global customers. Bergen Bunkers […]