SMI Newsdesk Archives

George Macheras named new WFW Global Maritime Sector Co-Head

Watson Farley & Williams (WFW) is delighted to announce that Partner George Macheras has been named as the firm’s new Global Maritime Sector Co-Head, replacing Lindsey Keeble as she takes up the role of WFW Managing Partner as of 1 February 2022. George Paleokrassas, who takes on the role of WFW Senior Partner on the same date, will remain in his role as Global Maritime Sector Co-Head.

Macheras, who made Read More…

KONGSBERG delivers innovative propulsion technology to VARD for vessel newbuilds

The new ship-owning company Norwind Offshore will fit KONGSBERG equipment to its two new Commissioning Service Operations Vessels (CSOVs), to be built by VARD. Kongsberg Maritime’s scope of delivery encompasses a combination of systems which will enable the operator to maximise operational windows whilst minimising overall energy consumption.

Key to this is the propulsion technology, which for the CSOVs will include new permanent magnet (PM) PMAZ 2600PM azimuth thrusters, PM Read More…

Optimarin expands global sales team in market push for BWT retrofits and newbuilds

Optimarin has bolstered its global sales force with new appointments in Turkey, Hong Kong and Singapore to serve customers better in response to increasing demand for its industry-leading ballast water treatment system (BWTS).

New sales managers have been operational from the start of this year at the three strategic shipping locations to handle an increase in activity both for ship retrofits ahead of the 2024 deadline for the IMO’s ballast Read More…

Strategic Marine delivers third crew boat in twelve months to offshore operator

Strategic Marine (S) Pte Ltd (Strategic Marine) recently handed over Centus Ten to Malaysian Offshore operator Centus Marine Sdn Bhd (Centus). This marks the third fast crew boat handed over by Strategic Marine to Centus in the last 12 months, the tenth vessel overall.

Commenting on the vessel handover, Strategic Marine’s CEO Chan Eng Yew said: “This is the tenth vessel we have delivered for Centus Marine since our relationship Read More…

New Singapore arbitration rules – everything you need to know

From 1st January 2022, arbitrations commenced under the rules of the Singapore Chamber of Maritime Arbitration (SCMA) are subject to new rules, explains Fiona Cain, Counsel at global law firm Haynes Boone.

The 4th edition of the rules was issued by the SCMA to ensure that their arbitrations remain relevant and attractive for parties and also to reinforce cost efficiency for maritime and international trade arbitrations.

Similar to the changes Read More…

Simpson Spence Young acquires Piraeus-based Anchor Shipbroking

Simpson Spence Young (SSY), the largest independent shipbroker in the world has announced the acquisition of Anchor Shipbroking Inc. Based in Piraeus, Greece, Anchor Shipbroking are specialists in Sale & Purchase, offering a full range of services to their global network of clients.

This acquisition further strengthens SSY’s S&P offering and is part of a long-term investment strategy to build out their forward order book, combining newbuildings and S&P with Read More…

Cyprus Shipping Deputy Ministry launches innovative online platform for industry collaboration and progress

Following the launch of SEA Change 2030, a long-term strategic vision for Cyprus shipping, the Shipping Deputy Ministry is currently working on the implementation of the relevant actions presented in the Strategy and towards this direction, it has launched the new online platform: C.O.M.E.

C.O.M.E, which stands for Cyprus Open Maritime Exchange, is one of the latest initiatives from the Cyprus Shipping Deputy Ministry to enable continuous consultation on current Read More…

First companies for NextGen District in Port of Antwerp sign agreement

NextGen District, situated on a former General Motors site, has been established as the Port of Antwerp’s circular economy hotspot. The 88-hectare location was deliberately chosen because of its proximity to Europe’s largest chemical cluster for the circular economy.

The district aims to become the home of innovative players in the circular process and manufacturing industries who will give end-of-life products a second or third life, explore circular carbon solutions Read More…

Hanseaticsoft and Solitwork form strategic partnership to enhance digital reporting in shipping

Hanseaticsoft and Solitwork have announced a strategic partnership with the aim of jointly improving shipping companies’ ability to provide ship owners and managers with enhanced and automated reporting options, further improving business decision making.

By combining Hanseaticsoft’s cloud-based innovative ‘Cloud Fleet Manager’ with Solitwork’s ‘AFC Maritime Analytics’ each company can benefit from the other’s strengths to offer improved and automatic decision making for their clients. Hanseaticsoft, part of the Lloyd’s Read More…

Leading Maritime Cities report 2022: Singapore still in top spot followed by Rotterdam and London

Hamburg/Singapore, 13 January 2022: The 2022 edition of the Leading Maritime Cities (LMC) report was launched yesterday at an event hosted by the Singapore Maritime Foundation (SMF), providing fresh insights into which global hubs offer the best infrastructure, technology, finance, and world-class talent, to help the maritime community connect and prosper.

There have been many dramatic developments since the last edition of the LMC report was published in 2019. For Read More…

IUA outlines business plan for 2022

The International Underwriting Association (IUA) has published its business plan for 2022, featuring objectives on a range of issues highlighted in recent risk management surveys. Climate risk, business interruption, regulatory changes and pandemic response are all topics that are both of concern to London company market clients and set to be addressed by the IUA in the months ahead.

The association’s Climate Risk Committee will continue to cooperate with regulators Read More…

Tankers International partners with Vertree to launch climate compensation voyage programme

The Tankers International shipping pool for VLCCs has today announced the launch of its new climate compensation voyage programme for the tanker sector. The initiative will be delivered with Vertree Partners Limited (Vertree), a wholly owned subsidiary of Hartree Partners, which enables organisations to accelerate and deliver climate commitments through nature-based solutions.

The partnership with Vertree will allow Tankers International to assess and understand the carbon footprint of its pool Read More…