North P&I Club strengthens Cargo claims team

North P&I Club has further strengthened its specialist cargo claims team with the appointment of David Richards (pictured) as Deputy Director (Cargo). The Club says the appointment is an important element in North’s ongoing commitment to provide the highest standards of service delivery to its members in a continuing challenging environment for shipping. Mr Richards, […]

BIMCO develops new term sheet for syndicated ship financing

BIMCO has developed a new standard term sheet for syndicated ship financing (SHIPTERM S) – the first industry standard of its kind for syndicated loans. The term sheet was approved for publication at BIMCO’s biannual Documentary Committee meeting on 2nd May in New York. “Big financial institutions have their own term sheets that aren’t specifically […]

DNV GL appoints Klas Bendrik as Chief Digital Transformation Officer

Klas Bendrik will join DNV GL as Chief Digital Transformation Officer to support DNV GL’s digitalisation and IT strategy. Starting on 1st September 2018, Mr Bendrik will be based at the DNV GL headquarters in Høvik, Norway and will be a member of DNV GL Group’s Executive Committee and report to Group President and CEO […]

Embrace digitisation and disruption or get left behind, shippers are warned

Technology providers have urged shippers and freight forwarders to embrace the wave of digitisation and disruption that is sweeping the logistics and supply chain industries, or face “getting squashed”. Speaking during the “Digital disruption – how logistics is changing and what you can do about it” panel on day one of Multimodal 2018, Simon Clark, […]

DP World’s Chris Lewis recognised with FTA Multimodal Personality of the Year 2018

Chris Lewis, Managing Director of DP World UK and Chief Executive Officer of London Gateway, was recognised with Multimodal Personality of the Year at last night’s FTA Multimodal Awards in Birmingham. Mr Lewis, who has worked in the container terminal industry for over 30 years, was recognised for his unrivalled knowledge and outstanding work in […]

ChartCo strengthens its expertise by creating new technical executive role

ChartCo, the global supplier of maritime digital data and compliance services, has announced the appointment of Peter McNaney as the company’s Chief Technical Officer (CTO). This new executive role has been created following a highly successful period for ChartCo, which has seen rapid growth following the introduction of a range of new products and services […]

Red Funnel to introduce new initiative to reduce harmful greenhouse gases

Red Funnel has announced that it is trialling the use of Green D+ fossil-free fuel on its ro-pax fleet of ships which operate between Southampton and the Isle of Wight. The cross-Solent ferry company has teamed up with Green Biofuels, to trial Green D+ biofuel with varying amounts of low-sulphur Marine Gas Oil, to power […]

ITIC helps limit naval architect’s exposure after survey vessel capsizes

In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which was deemed to be unstable. The naval architect was appointed by the builder to approve the […]

Hapag-Lloyd focuses on growing market in Africa

Today (Wednesday), celebrated the official opening of its new office in Tema, the most important port city in Ghana. Beginning immediately, Hapag-Lloyd will manage most of its operational activities in West Africa from this location. “I’m very pleased that our enhanced presence in West Africa is showing initial signs of success,” said Anthony Firmin, Chief […]

Solid start to the year for Inmarsat

Inmarsat, the provider of global mobile satellite communications services, today (Wednesday) announced its financial results for the three months ended 31st March 2018. Group Revenue increased $15.9m (4.8%) to $345.4m (up 5% to $313.3m, excluding Ligado), driven by growth in Aviation, Enterprise and Maritime, and Maritime continued year-on-year revenue growth, supported by further market traction […]

Rapid emergence of Thailand as an international maritime training centre

Since mid-2015 when MCA first approved a Thailand-based seafarer training facility, the growth of that destination as a popular focus for both advanced seafarers and also entry level crew to complete STCW 2010 and the new updating STCW courses, has been nothing short of astonishing. That’s according to Anthony Gould, CEO and major investor in […]

Marine Towing of Tampa awarded industry first Sub M certification

Harbour towage operator Marine Towing of Tampa earned an industry first on 20th April, when its 86.7ft, 4200 hp towing vessel Endeavor became the first vessel to be awarded a Certificate of Inspection (COI) for compliance under the US Coast Guard’s new stringent Sub M rules for towing vessel safety. Marine Towing of Tampa, which […]