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New Project Aims to Drive Investment in Fuel Efficient Technologies

© Cliff / Adobe Stock

The U.K.’s Energy Technologies Institute (ETI) has commissioned a £1.8 million ($2.5 million) project that aims to assist financiers to understand and quantify the benefits in investing in fuel efficient technologies for existing and future vessels.   The Vessel Technology Assessment System (VTAS) project,

Moore Stephens: Optimism to Outweigh Shipping Pessimism in 2018

© Shane Cotee / Adobe Stock photo

International accountant and shipping adviser Moore Stephens expects optimism to triumph over pessimism in the shipping industry during the next 12 months.   Writing in the latest issue of Bottom Line, the newsletter of the Moore Stephens shipping industry group, partner Richard Greiner says, “According to a recent study,

Royal IHC Acquires KCI from Oceanteam

 Dutch supplier of vessels, equipment and services for the offshore, dredging and wet mining markets Royal IHC said it has acquire all of the outstanding share capital of Dutch based engineering and consultancy company KCI the Engineers B.V. from Dutch-Norwegian offshore service provider Oceanteam ASA.

Cenac Marine Awards SubM TPO Contract to ABS

(Photo: Cenac Marine)

ABS said it was awarded a Third-Party Organization (TPO) contract by Cenac Marine Services, owner and operator of a fleet of inland and offshore vessels, to support compliance with U.S. Coast Guard (USCG) Subchapter M requirements.    The contract establishes ABS as Cenac’s sole TPO, providing oversight

Preparation Propels Financial Peace of Mind

© Corlaffra / Adobe Stock

Like marine coatings, preparation is everything when it comes to sourcing and attracting marine finance support.   If you’re familiar with the maritime industry at all, this won’t come as a shock: we’ve seen better days. Like many industries, this is one that goes up and down and, right now – depending

Superyacht Refit Dispute Illustrates Danger of Acting Outside Contract

International Transport Intermediaries Club (ITIC) has warned against the dangers of marine service providers informally offering advice which falls outside the scope of their contracts.   ITIC cites the case of a yacht manager contracted to provide crew management and ISM consultancy for a superyacht.

Lauritzen Signs Crew Management Pact with OSM

Photo: OSM Maritime Group

 Leading global ship management company OSM Maritime Group has been awarded full crew management of Lauritzen Kosan’s entire fleet of advanced liquefied gas tankers.    The agreement, covering 26 refrigerated ethylene, semi-refrigerated and pressurised gas carriers, will help Lauritzen Kosan deliver on its promise of providing optimal efficiency,

Damen Presents ‘Gone With the Wind'

Image: Damen Shipyards Group

 Marco Bovio, Senior Research Hydromechanics Engineer at Damen, presented details of internal research Computational Fluid Dynamics (CFD) based project ‘Gone With The Wind’ (GWTW).    For the past two years Damen has been conducting a review of CFD technology and its applications in the maritime industry,

IMO Trains New Audit Team Leaders

Photo: International Maritime Organization (IMO)

 The auditing of International Maritime Organization (IMO) Member States to assess how effectively they administer key IMO instruments is an important part of the Organization’s work to create a regulatory framework for the shipping industry that is universally adopted and implemented.    Auditors are nominated by: Canada,

5 Tips to Manage Wellness at Sea

Kevin Menon conducting wellness workshop during recent Wallem Fleet Officers' Meeting in Manila. Photo: Wallem

The safety, health and wellbeing of Wallem’s seafarers is something which is top priority and reinforced at every level of the organization. Clinical psychologist and author of Wallem’s [email protected] guide Kevin Menon has been working with Wallem Ship Management for over two years, helping to conduct

Sir Bob Reid Joins Belltree Board

Sir Bob Reid (Photo: Belltree)

Sir Bob Reid is to take up a new role as nonexecutive director of Belltree, a specialist oil and gas consultancy based in Edinburgh. The former chair and chief executive of Shell UK will advise and support Belltree with its continued growth into international markets.    During his 36-year tenure at Shell,

SC Ports Launches Supply Chain Consulting Service

(Photo: SC Ports)

Amid discussions of the world container shipping industry at the South Carolina International Trade Conference, SC Ports announced the Supply Chain Authority, an internal consulting service offering resources and expertise to assist customers in improving their supply chains.    "South Carolina Ports

Dorian LPG, ABS Plotting 2020 Compliance Plan

(Photo: Dorian LPG)

ABS said it has been selected by Dorian LPG to provide an in-depth techno-economic analysis, laying out compliance options for impending global sulfur cap requirements. Dorian LPG owns and operates a fleet of very large gas carriers (VLGCs), transporting liquefied petroleum gas around the world.    “It

Trends in Heavy Lift Solutions

Andrew Kinsey

Advances and developments in heavy lift transportation are allowing shipyards to rethink how, and where, they build and maintain vessels.   Utilizing this technology can help a yard expand its order book and improve its bottom line. The use of Self-Propelled Modular Transporters (SPMTs) in shipyards

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