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Autonomous vessels a step closer with new IMO decision

Suppliers:

Autonomous vessels have moved one step closer to reality following a new decision at the IMO to review all rules and guidelines relating to the unmanned vessels.


BY DANIEL LOGAN BERG-MUNCH
Published 16.06.17 at 09:51

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IBIA pleased with penalty for bunker company in Singapore

Hyundai Merchant Marine singapore havn container port Suppliers:

The International Bunker Industry Association praises the Maritime and Port Authority of Singapore for suspending violators from the major bunkering port, and the association is working with Singaporean players to close loopholes associated with bunker fraud.

Wärtsilä hit by engine-fraud scandal

Suppliers:

Following an internal audit, it has surfaced that Wärtsilä is dealing with a case regarding fraud with the test results of its engines. Two percent of the engines may be affected. Employees at the company are responsible.

Bunker trader made it to the top of Dan-Bunkering

Suppliers:

32-year-old Christoffer Berg Lassen grew up in the small Danish city Middelfart where Dan-Bunkering is also located. In 2004, he started a traineeship at the company, and 13 years later he has taken over the reins as CEO.

Media: Deloitte to receive penalty for role in South Korean yard scandal

Suppliers:

South Korea's Financial Services Commission will bar accounting firm Deloitte for a year following the scandal related to accounting fraud at Daewoo Shipbuilding & Marine Engineering.

Monjasa-owners found new company

Suppliers:

African Sprinter Shipping is the name of a new company founded by the two owners of bunker company Monjasa, Anders Østergaard and Jan Jacobsen, on November 1st 2014.

2015 was a record year for Wrist Ship Supply

Suppliers:

Wrist Ship Supply increased its revenue for the sixth consecutive year, according to the annual report for 2015. This development comes in spite of struggling markets and lower activity in offshore. Acquisitions have continued into 2016.

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Smedegaard aims to land two acquisitions this year

DFDS CEO Niels Smedegaard 2-version1 Carriers:

The second quarter was historically good for DFDS which also bought new vessels during the period. CEO Niels Smedegaard tells ShippingWatch that there are two acquisitions in the pipeline, which he hopes to land this year. "It is a nice situation to be in," he says.

Jan Rindbo: Dry bulk rates must rise to ensure profit

Bulk:

They have seen the highest dry bulk rates in four years but it is still not enough, Norden CEO Jan Rindbo tells ShippingWatch. The carrier's bright spot came in the form of the struggling tanker segment.

Alphaliner: APM Terminals could be leaving India

Ports:

An Indian newspaper reports that APM Terminals is preparing to sell its large stake in port Gateway Terminals India. If the sale happens, it could indicate that APM Terminals is on track to leave India entirely, writes Alphaliner in an analysis.

Svitzer will sell 11 laid-up vessels

Carriers:

The Maersk Group's towage company Svitzer will sell 11 laid-up vessels which have no prospect of securing work at sustainable prices due to market overcapacity.

Weak offshore market drags down Boskalis

Services:

Dutch Boskalis was hit by the weak offshore market in the first half of the year, as the net result dropped almost 50 percent to EUR 75.1 million compared to last year.

Maersk Drilling wins contracts for three rigs

Offshore:

Maersk Drilling has landed contracts and secured more work for three of its drilling rigs. One is a new contract while two are extensions on current projects.

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