Intercargo reflects on 2014 Tripartite meeting

The annual Tripartite meeting between ship owners, ship builders and classification societies was held in Shanghai on 30th and 31st October 2014. The meeting was attended by high level representatives of the industry, including the Chairman of Intercargo John Platsidakis, the Chairman of IACS Philippe Donche-Gay, the Chairman of ICS Masamichi Morooka, the President of […]

Sovcomflot reports strong performance

OAO Sovcomflot today (Wednesday) released its results for the nine months and third quarter ended 30th September. Gross revenue was up 9.8% to $1,059.2million compared to the same nine months of last year and net profit was $109.1million. Compared to the same quarter last year gross revenue was up 14.2% to $384.1million and profit up […]

Falklands veteran Simon Weston to speak at IMarEST dinner

Falklands war veteran Simon Weston OBE will be the inspirational speaker at next year’s Institute of Marine Engineering Science and Technology’s (IMarEST) annual dinner. The event, to be held at London’s prestigious Guildhall in March, brings together more than 500 of the world’s leading marine professionals. It will also see the Institute’s 113th president formally […]

Britannia Seaways crew receive 2014 IMO Award for Exceptional Bravery at Sea

One year to the day after surviving an explosive fire which threatened the lives of 32 people onboard his vessel, Captain Andreas Kristensen and his crew of the Britannia Seaways have received the 2014 IMO Award for Exceptional Bravery at Sea. Accepting the IMO medal and certificate on behalf of his crew, in a ceremony […]

Seafarers’ centre opens at King’s Lynn port

Seafarers arriving at Associated British Port’s (ABP) Port of King’s Lynn in East Anglia, UK now have a place to call their own with the opening of a seafarers’ centre at the port this week. Initiated by seafarers’ charity Apostleship of the Sea (AoS) and largely funded by the Merchant Navy Welfare Board (MNWB), the […]

Moore Stephens to make representation on tonnage tax changes

International accountant and shipping consultant Moore Stephens is to make representation to Her Majesty’s Revenue & Customs in connection with recently issued draft revised guidance in respect of the UK tonnage tax regime, some of which it considers to be unhelpful. Moore Stephens tax partner Sue Bill said: “None of the changes are fundamental. Indeed, […]

Industry accolade for Rajaish Bajpaee

Chief Executive Officer of Bernhard Schulte Shipmanagement, Rajaish Bajpaee, will receive the Tanker Shipping & Trade Lifetime Achievement Award in recognition of a career spanning more than 40 years and characterised by outstanding commercial acumen, wider industry participation and philanthropy. As head of Bernhard Schulte Shipmanagement, Mr Bajpaee has overall responsibility for a fleet of […]