Nigeria’s maritime sector and the elections

Port2Port West Africa’s Managing Director, Bola Adefehinti, looks at the upcoming elections, and what they might mean for the maritime sector. The Nigerian elections are taking place against a backdrop of instability in the north, nationwide corruption and economic woes born of the sharp fall in crude oil prices and a struggling naira. I would […]

Healthy growth against a stable backdrop for The Swedish Club

The Swedish Club reported a solid operating result to its board today (Thursday), continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the fi­nancial performance and the insurance products across the board returned a staunch to high surplus. Renewals were in line with that […]

Improved result for Copenhagen Malmö Port

In 2014 Copenhagen Malmö Port (CMP) increased its turnover by 7%. Its operating profit also improved, reaching SEK 89.5million. The main reason for these increases was higher volumes in the fields of RoRo, Containers and Dry Bulk. In 2014 CMP’s turnover was SEK 763million (715), its operating profit was SEK 89.5million (86.7) and its operating […]

Boosting regional maritime security coordination in west and central Africa

A regional workshop organised by IMO, in cooperation with the Government of Angola, is being held in Luanda, Angola this week, to discuss the implementation of the Code of Conduct concerning the repression of piracy, armed robbery against ships and illicit maritime activity in west and central Africa, through the establishment of the Inter-regional Coordination […]

Videotel programme helps ship owners with low sulphur fuel switchover procedures

Videotel has responded to concerns from the US Coast Guard about an increasing number of machinery space fuel leakages when vessels are switching to low sulphur fuel as they comply with MARPOL Annex VI, by producing a programme that will help guide ship owners through the process. The recent lowering of acceptable sulphur limits for […]

SCF’s strong 2014 results

Sovcomflot has announced its 2014 results which show a net profit of $83.9million last year against a loss of $39.2m in 2013. The results have been put down to a combined effect of consistent strategy execution with the recovery of the conventional tanker market. Gross revenue increased by 9.9% to $1,387.4m and time charter equivalent […]

DNV GL – Maritime CEO Tor Svensen addresses cybersecurity risks

Cybersecurity in the maritime and offshore industry was up for discussion at this year’s CMA (Connecticut Maritime Association) Shipping event during a session with the US Coast Guard, ship owners and class representatives. In the past, critical network segments onboard vessels used to be kept isolated, however this has changed a lot recently. “Ships and […]

LOC Group appoints Group MWS Manager and Asia H&M Co-ordinator

Marine engineering consultancy LOC Group (London Offshore Consultants) – has announced the appointment of two new key positions. John Quarrington has joined the company in London as Group Marine Warranty Surveying Manager and Mark McGurran has been appointed to the Singapore office in the role of Asia Regional Hull & Machinery Co-ordinator. Both these appointments […]