Panama lost it’s throne as the top flag state:
For the first time in 30 years Panama is no longer the world’s largest ship registry. Rival Liberia has overhauled the Central American nation in terms of gross tonnage in new data issued by Clarksons Research. The Liberian flag now has a 2.2m gt...
Estimated reading time: 1 minute
But when it comes to top Shipowning nations the picture is different:
Source:
Top 10 Ship Owning Nations - VesselsValue
Most ships are not managed from their flag state, nor from the domicile of the beneficial owner.
The market research report 2022 2029 Global Ship Management Professional Market comprises of market growth, trends, forecasts, key competitor analysis and new business opportunities.
But where is the most complete Shipping Center in the world?:
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One more ESG Index for shipping:
The University of Plymouth and the National and Kapodistrian University of Athens, alongside an advisory committee of industry experts, have developed an ESG reporting methodological framework and index, catered to the individualities of the maritime...
Estimated reading time: 1 minute
Smart4Sea- Europort exhibition will take place in Rotterdam, November 7-10, 2023, with SMART4SEA – EUROPORT Awards ceremony due on 8th November to honor organizations that have contributed towards Smart Shipping, Cyber Security, E-Navigation, Technology and Autonomous Shipping.
SAFETY4SEA is pleased to announce the distinguished shortlisted nominees for the SMART4SEA-EUROPORT Awards, following an online nomination process, initiated a
Est. reading time: 6 minutes
US Coast Guard chose DNV as one partner for their one-year merchant marine training programme on autonomous and remote-controlled shipping:https://www.dnv.com/expert-story/maritime-impact/DNV-supports-us-coast-guard-on-regulation-development-for-autonomous-and-remote-controlled-shipping.html
Do you get the impression that there is a lot of labour security-based fear around autonomy?
https://www.dnv.com/maritime/autonomous-remotely-operated-ships/class-guideline.html
ombugge
August 22, 2023, 12:53pm
349
A well known figure in Singapore shipping is stepping aside, but not out:
Rajesh Unni, founder and CEO of Singapore-based shipmanagement giant Synergy Marine Group, is stepping back from the day-to-day running of the company, announcing a succession plan which will see him take on the role of executive chairman. Mathavan...
Estimated reading time: 1 minute
Capt. Unni told Splash today the decision to shuffle management had come about as he wanted to show the next generation there is a route to the top. Also, by ditching the CEO role, Unni said it would free him up to have more longer and deeper conversations with customers.
ombugge
August 24, 2023, 4:45pm
351
This year “Captain’s Table” will be held as part of Hong Kong Maritime Week in Nov. 2023:
The Captain’s Table, shipping’s pre-eminent pitch competition, is set for its biggest showcase to date. The Hong Kong-based maritime startup contest, now in its fifth year, serves as a launchpad for aspiring entrepreneurs, inventors, and dreamers who...
Estimated reading time: 2 minutes
If you have any good ideas or projects to promote it is not too late to join.
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ombugge
September 3, 2023, 7:13pm
352
Competition is good but (sometime) collaboration is better:
ombugge
September 3, 2023, 7:20pm
353
New regulations re: waste management on ships:
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ombugge
September 6, 2023, 4:13pm
354
“Norwegian Sales Clauses” has eventually been replaced as the standard S&P contract:
The United Nations (UN) Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention on the Judicial Sale of Ships, was signed into law yesterday in the Chinese capital. The document, adopted in...
Estimated reading time: 2 minutes
“The judicial sale of a vessel confers clean title, free and clear of all encumbrances, to a purchaser of that vessel. While the majority of the jurisdictions currently recognise the clean title acquired by purchasers, there are still a handful which refuse to recognise and give effect to this,” Stephenson Harwood noted.
A signing ceremony for the United Nations (UN) Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention on the Judicial Sale of Ships, took place in Beijing on Tuesday.
ombugge
September 12, 2023, 1:27pm
356
MOL is expanding in many fields lately:
Japan’s Mitsui OSK Lines (MOL) is spending $400m in an all-cash transaction to acquire the 36-strong fleet of New York-headquartered Fairfield Chemical Carriers (FCC), a subsidiary of Fairfield-Maxwell Ltd. MOL, Japan’s largest shipowner by...
Estimated reading time: 1 minute
Fairfield has their Hq in Wilton, CT:https://fairfieldchemical.com/
Cui bono?
" Due to the EU’s sanction on Russian oil exports, US dirty tanker exports have grown the fastest into the EU since 2021. In 2023, average monthly deadweight tonne miles from the US to the EU have more than doubled compared with 2021. This has further added to the growth in demand for VLCCs which in 2023 account for 43% of deadweight tonne miles into the EU, up from just 2% in 2021."
For some WAR has always been good for business.
ombugge
September 21, 2023, 11:02am
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One of the biggest operators of large bulk carriers in the world will remain in Korean hands with news today that buyers of Polaris Shipping have been confirmed. Multiple media sources in South Korea are reporting that Woori Private Equity Asset...
Estimated reading time: 1 minute
PS> Their website is off line.
Here is the background story:
Polaris Shipping Co., Ltd. South Korean shipowner and operator. Seoul-based shipowner Polaris Shipping charters bulk carriers to Vale, POSCO, KEPCO. Ore carrier
