Tindall Riley & Co Ltd./ the Managers of Britannia P&I announce that on 5 January 2023 it acquired its former exclusive correspondent, B Americas P&I LLC, and has renamed it TR(B) Americas Inc. Going forward TR(B) Americas, which is based at 1 Rockefeller Plaza in New York, will operate as a full regional hub of […]
The derivatives market for clean and dirty tankers saw increased traded volumes in 2022, according to data released by the Baltic Exchange. Tanker Forward Freight Agreement (FFA) volumes hit 734,972 lots, up 33% on 2021. Dry Forward Freight Agreement (FFA) volumes reached 2,218,249 lots, down 12% on 2021. Handysize volumes continued to grow following changes […]
Tankers International, the world’s leading shipping pool for VLCCs, has grown rapidly throughout 2022, bringing the total size of the Tankers International fleet to 66 VLCCs, across 8 pool partners. The Tankers International pool has added more modern tonnage throughout 2022, bringing the average age of the fleet down whilst increasing its size. Tankers International’s […]
Maritime UK, the umbrella organisation for the UK’s maritime sector, has appointed Robin Mortimer as its new chair and Tom Boardley as vice chair. The former was nominated by the British Ports Association and UK Major Ports Group whilst the latter was nominated by the UK Chamber of Shipping. Currently CEO at the Port of […]
Global Survival Technology solutions provider Survitec has received the inaugural MV Derbyshire Award from the Liverpool Shipwreck and Humane Society (LS&HS) for its Seahaven Advanced Evacuation Systems (AES). The award celebrates individuals, companies or organisations that have made an important contribution to maritime safety in the Northwest of England region. LS&HS presented the award to […]
Nor-Shipping and YoungShip have announced that the Young Entrepreneur Award 2023 (YEA) is now open for entries, with talented leaders, innovators and executives under the age of 40 set to vie for industry recognition. The global award initiative, which last year honoured Christiaan Nijst, Co-Founder and Director of Netherlands-based Value Maritime, is now in its […]
ClassNK has issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI). This is the world’s first AiP for A-FSRBs handling ammonia as cargo. The A-FSRB is an offshore floating facility that can receive and store […]
The Blue Sky Maritime Coalition (BSMC) has appointed renewable energy and clean technology leader, Jennifer States (pictured), to serve as Vice President and Chief Strategy Officer. “We are excited to expand our Blue Sky team by adding Jennifer and her wealth of experience in maritime decarbonization and sustainability. Jennifer is a strong leader and comes […]
