SMI Newsdesk Archives

2022 market outlook from Simpson Spence Young 

After a volatile 2021, leading shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2022 Outlook Report. This comprehensive analysis looks at various drivers of shipping markets, including how developing emissions regulations may affect the state of play.

Contributions come from a range of senior research and broking experts and cover dry bulk, tanker and gas freight markets; shipping investments, Read More…

Mersey Maritime launches ‘Innovating Maritime’ project

Regional cluster organisation, Mersey Maritime, is launching a new service to its North West maritime ecosystem, which will help organisations maximise and capitalise on innovation funding opportunities within the UK’s maritime sector which is known to be worth almost £50bn.

In alignment with national and international targets, including the Maritime 2050 strategy launched back in 2019, the UK’s leading maritime cluster organisation, Mersey Maritime, is set to fully fund a Read More…

ClassNK issues AiP for ammonia-fuelled Panamax bulk carrier

Classification society ClassNK has issued an Approval in Principle (AiP) for the design of an ammonia-fuelled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC).

While international standards for using ammonia as ship fuel are yet to be developed, ClassNK published its “Guidelines for Ships Using Alternative Fuels” in August 2021. These minimize the risks related to ammonia-fuelled ships for the ships, crew, and environment by Read More…

CMA Commodore for 2022 announced

Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc., has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2022.

Mr. Vogel follows a long succession of influential maritime industry leaders as Commodore. The 2022 Commodore Award will be presented on Thursday, March 31, 2022 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and expo, at the Hilton Hotel in Read More…

SHIPPING INNOVATION appoints new commercial director to spearhead LISW growth

SHIPPING INNOVATION, owner and manager of London International Shipping Week (LISW), is delighted to announce the appointment of Karen Martin as Commercial Director.

Karen will be responsible for all sales and commercial activities related to London International Shipping Week and will be the point of contact for sponsors and advertisers for the next instalment of LISW in September 2023. Karen, who combined sales on previous LISWs with her position as Read More…

WAKASHIO wreck removal team completes offshore operations

Technical operations to remove the wreck and all the associated debris from the WAKASHIO, offshore Point d’Esny, were concluded on 16 January 2022. The final actions of the wreck removal team were to recover sections of ship debris that were lying up to 500 meters away from the site of the stern section.

The whole wreck removal operation has not been without its challenges. The exposed, shallow water, high energy Read More…

Royal HaskoningDHV makes key appointments to water and maritime team

Royal HaskoningDHV has confirmed its renewed focus on the Dutch water and maritime sectors with two key appointments. Maartje Wise-Hoevenaars takes on responsibility for all ecological, water technology and water system activities in the Netherlands. Esther Bosman will handle all flood risk management and maritime activities in the Netherlands and the United Kingdom.

The appointments consolidate the company’s reputation as an innovative, expert and reliable partner.

Water is central to Read More…

BV to deliver independent certification to first floating wind project in Celtic Sea

Bureau Veritas (BV) has been selected to undertake the project certification of Erebus, the first offshore windfarm in the Celtic Sea, in Wales, UK and one of the largest floating offshore wind projects in the world.

Located 44km from the Pembrokeshire coastline in up to 75m water depth, the Erebus project aims to be fully operational by 2026 and will deliver up to 100MW of clean energy, powering 93,000 homes Read More…

Pacific Basin chooses PortLog to optimise port calls

Marcura subsidiary PortLog, which describes itself as the world’s first port time management platform, has announced a landmark deal to provide its solution to the entire fleet of Pacific Basin, one of the world’s leading owners and operators of modern handysize and supramax dry bulk ships.

The PortLog platform will be utilised across all of Pacific Basin’s over 260 owned and chartered vessels, which make over 5,000 port calls every Read More…

New SGMF publication provides guidelines on safe bunkering of LNG

The Society for Gas as a Marine Fuel (SGMF) has released its ’LNG as a marine fuel – Safety and Operational Guidelines – Bunkering’ publication. This third revision is the most comprehensive coverage of all aspects related to the bunkering of LNG fuel is more detailed than anything previously available.

First published in 2014, the SGMF’s guide has been significantly updated and revised for 2022. It takes a holistic approach, Read More…

CSM breaks new ground with holograms to innovate in training and business meetings

Key speakers will be able to contribute virtually to group training sessions or important client meetings thousands of miles away, so maximising efficiencies, cutting costs and driving in mentoring quality.

“The future is already here,” said Columbia Shipmanagement President and CEO Mark O’Neil, as he addressed an audience in Manila as a hologram beamed from the Limassol offices of OneLearn Global, 5,534 miles away.

The very fact that Mark was Read More…

RightShip releases Carbon Accounting Reporting Tool on decarbonisation for ocean-reliant industries

Today, RightShip, a leading third-party risk assessment and due diligence organisation serving the ship-borne commodities industries, launches an expanded and enhanced toolset for monitoring, measuring, and benchmarking shipping-related greenhouse gas (GHG) emissions.

RightShip’s Carbon Accounting Reporting Tool builds on its existing expertise in Carbon Accounting, supplied to charterers as well as freight forwarders for the last five years, by providing companies with a bespoke reporting tool that measures, monitors and Read More…