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Fleet Management

North Sea: Inmarsat Targets OSVs

Image courtesy: Tampnet AS

British satellite telecommunications company Inmarsat plc will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fibre and offshore LTE network operator, Tampnet.The new service which is primarily aimed at offshore support vessel (OSV) operators,

Grindrod Extends IVS Bulk JV

Image: Grindrod Shipping

Singapore based shipowner and operator Grindrod Shipping announced a number of transactions relating to the extension of its IVS Bulk joint venture, implementation of a financing arrangement and a fleet update.Grindrod Shipping has extended the termination date of its IVS Bulk joint venture from September 30, 2019 to November 30, 2019.

Adams Appointed as Managing Director of V.Ships

John Adams  (Photo: V.Group)

V.Group has appointed John Adams as managing director of V.Ships UK Ltd. Adams brings a wealth of experience from 30 years at Teekay Shipping, most recently holding the position of Managing Director, Glasgow and Chair of the Operational Leadership Team.In his time at Teekay, Adams played a key leadership role during Teekay’s growth,

Inmarsat, ABB Pact on IoT Platform

Stefano Poli, VP, Business Development, Inmarsat Maritime. Photo by Inmarsat

British satellite telecommunications company Inmarsat plc and the provider of electric, digital and connected solutions for the marine industry ABB Marine & Ports have signed a master supply agreement aimed at tackling an obstacle identified by ship owners which has stopped them using IoT (Internet of Things) technology.

Navios Acquisition Fleet Reaches 41

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Acquisition. File Photo: Navios

Navios Maritime Acquisition Corporation, the provider of transportation of petroleum products (clean and dirty) and bulk liquid chemicals, announced that its fleet consisted of a total of 41 vessels as of November 7, 2019.The owner and operator of tanker vessels said that out of 41 vessels, 13 are very

Nakilat Acquires Four Q-Flex LNG Carriers

Graphic: Nakilat

Nakilat has acquired the full ownership of four Q-Flex liquefied natural gas (LNG) carriers from its joint-venture partner International Seaways, following execution of a sale and purchase agreement for the acquisition of the remaining 49.9% ownership interest in these vessels from INSW. This brings

Bureau Veritas Aproves IoT Platform Fleet Data

Image: Fleet Data

Fleet Data from Inmarsat has received Approval in Principle (AiP) from leading classification society Bureau Veritas.This is a major milestone for the maritime industry’s leading secure sensor data and Internet of Things (IoT) platform. Conditions of approval by Bureau Veritas verify that Fleet

HMM, DSME Join Forces for Smart-ship Tech

Image: HMM

South Korea’s container shipping giant Hyundai Merchant Marine (HMM) and compatriot shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) have joined forces on the research, development and innovation in the field of smart ship technologies.Under a Memorandum of Understanding, the parties

Cargill, Maersk Tankers to Run Joint Pool

Image: Maersk Tankers

Commodities trader Cargill and shipowner Maersk Tankers aim to build a joint Medium Range (MR) tanker pool with more vessels as they seek to cut emissions."The strategic partnership will improve flexibility for customers and reduce fuel consumption and emissions, whilst having a positive impact on time-charter-equivalent earnings for partners,

EXMAR, Anglo-Eastern JV for LNG Management

Pic: EXMAR Ship Management

The manager of specialized floating assets EXMAR Ship Management and ship management company Anglo Eastern Univan Group formed  a joint venture (JV) dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners.The joint venture, AEX LNG Management, brings

Hunter Join's World's First Scrubber VLCC Pool

Image: Tankers International Pool

Hunter Tankers, a subsidiary of Norwegian investment company Hunter Group, has selected Tankers International Ltd as commercial manager for its fleet of very large crude carriers (VLCCs).According to Oslo-based company, Tankers International, a chemical tanker company, would establish “the world’s first scrubber-fitted VLCC pool.

Grindrod Takes Delivery of Ultramax

Image: Grindrod Shipping Holdings

Grindrod Shipping Holdings announced that it took delivery of the IVS Okudogo, the first of the two owned ultramax “eco” newbuildings that the Company agreed to acquire in May 2018.In conjunction with the delivery, the global provider of maritime transportation services in the drybulk and product tanker sectors,

JIT Trial Cuts Emissions

Image: International Maritime Organization (IMO)

"Just-In-Time" (JIT) operations have the potential to cut the time ships spend idling outside ports and help reduce harmful emissions as well as save on fuel costs.According to International Maritime Organization (IMO), this can be achieved by communicating in advance the relevant information

Shipping Majors Join CargoSmart Digital Initiative

Pic: CargoSmart

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping,

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