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Digital Technologies are bound to change the way shipping companies operate, says the head of Setel Hellas

New technologies like cloud-based solutions, blockchain, the Internet of Things and the Digitization of business are slowly taking shape and are bound to transform the “modus operandi” of the shipping industry. In its everlasting quest of chasing margins and boosting competitiveness and efficiency, new digital tools are beginning to change old business models throughout the maritime industry. As such, new business opportunites arise. Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) held an exclusive interview with Mr. George M. Marinakis, CEO of Setel Hellas, to discuss the shifting landscape. Shipowners, Operators and industry ...

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INTERCARGO is now representing ship owners with over 1,500 bulkers of 138 million dwt under control, growing by 48% year-on-year

INTERCARGO, the International Association of Dry Cargo Shipowners is growing at a rapid pace, as it seeks to raise its voice on various issues surrounding the future of the shipping industry, like emissions, port reception facilities and the implementation of the Ballast Water Treatment Convention. The association recently held its Technical and Executive Committees in Athens and Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) hosts an exclusive interview with Dr. Kostas G. Gkonis, the Secretary General of INTERCARGO. According to Dr. Gkonis, the industry is voicing its concerns – now turned reality ...

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Keeping a ship safe from fire and explosion hazards: An Expert’s View from Brookes Bell

Identifying Cargo Fire and Explosion Hazards under the IMSBC Code” can often be the difference between life and death, or between a destroyed ship or not. As such, Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) sought after the helpful views from one of the shipping industry’s leading experts on the matter, Brookes Bell Group, in an exclusive interview with Dr. Martin Jonas, a partner and consulting scientist with the group. Could you please provide some background on the IMSBC Code? The International Maritime Solid Bulk Cargoes (IMSBC) Code seeks to facilitate the ...

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Hanseaticsoft Sets Up Shop In Greece: Ship owners Look to Modernize Ship Management

There’s a lot of talk these days about the digitalization of the shipping industry. The Greek ship owning community is looking to take advantage of this trend and keep pioneering the industry. As such, Hanseatisoft, one of the leading companies in that respect and hot of the heels of its partnership with Llody’s Register is in the process of establishing its office in Greece. In an exclusive interview, Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) talked with the company’s CEO, Mr. Alexander Buchmann, regarding his future plans. Lloyd’s Register recently agreed a ...

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Shipping’s Safety Improving, But New Threats Like Cyber Will Require Additional Financial Resources from Ship Owners

Allianz launched its latest annual survey on shipping safety. With this occasion, Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), held an exclusive interview with Captain Andrew Kinsey, Senior Marine Risk Consultant at AGCS. Among his conclusions from the findings was that autonomous ships shouldn’t be seen as a panacea, when it comes to enabling for safer seas. “Ships would be safer with larger, better trained and more alert crews”, he noted. Below you can read the full interview: Allianz’s Annual Report on Safety and Shipping is one of the industry’s main focal ...

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Orolia Primed for Leading Position in Automated Vessel Monitoring with Latest Acquisition

Last month, Orolia announced the acquisiton of Netwave Systems, a Netherlands company specialising in the VDR (Voyage Data Recorders) market. VDRs are mandated by the International Maritime Organization on-board every merchant vessel subject to the SOLAS Convention. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Chris Loizou, Chief Business Development Officer of Orolia, discusses the scope behind Orolia’s latest acquisition and its future plans, as the company is increasingly looking to lead the industry in terms of high added-value services, like automated vessel monitoring. How does the ...

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Dry Bulk: Higher Than Expected Demand is Pushing Freight Rates Higher, But Supply is Also Not Falling Fast Enough for a Sustained Recovery

Dry bulk ship owners must avoid getting “caught up in the moment”, as market rates have improved significantly over the past couple of months, warns BIMCO’s Chief Shipping Analyst, Mr. Peter Sand, in an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com). After all, the market is still not profitable for most owners and with demolition levels already below 2016 levels, it’s the demand side that’s most likely to drive freight rates forward. The dry bulk market has been finding additional support over the course of the past few weeks. ...

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Ship owners should start planning for the 2020 sulphur cap, as time frame is closing rapidly says DNV GL

The next few years are bound to change a major part of the way that the shipping industry is operating, as there will be a tectonic shift in fuels used and as such, major conversion and retrofit projects on existing vessels, as well as planning for future-proofing current newbuildings, need to be set in motion by ship owners. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Ioannis Chiotopoulos, Regional Manager South East Europe & Middle East with DNV GL, said that even if suppliers and yards gear ...

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John Fredrisken’s Slow Steaming Policy, Angelicoussis’ number of vessels on ballast or laden, new trading patterns are now directly available through Vessels Value’s new online tool

Ship owners and shipping executives in general are often facing challenging decisions, when it comes to vessel employment and strategic planning of their fleet. As such any useful information is in fact added value. To this extent, ship valuations experts VesselsValue just launched a new online product, called VV Trade, which analyzes global trading patterns, starting at the individual vessel level, by using VV’s Deep Sea AIS mapping service to create real time analysis on the speeds, amount of time spent at laden or ballast and even the total Ton ...

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Maritime Terrorism, Cyber Crime, Kidnappings and Ransoms are the “New Somalia” For Today’s Shipping Industry

A few years back it was Somalia which took the maritime world by force, awakening ship owners to a new reality of maritime dangers. Today, when most people seem to think that these are now perils of the past, the realities of maritime shipping are much more dangerous and complex, just not so much in the spotlight any more, as high profile attacks are now scarcer. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Alexandros Theodosios Kontos, Chief Operating Officer with LSS-SAPU, a specialized maritime security company, ...

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Interview: Tanker market to face headwinds during 2017, as OPEC’s lower oil output will shift trade flows around the globe

The latest decision from OPEC to trim oil output and the agreement which followed with non-OPEC members as well is bound to shift trade flows around the globe, posing new challenges to tanker owners. In an exclusive interview with Hellenic Shipping News (www.hellenicshippingnews.com), Mr. George P. Los, Senior Market Analyst with US-based shipbroker Charles R. Weber and Ms. Rachel Yew, research analyst with Singapore’s Ocean Freight Exchange, noted that negative pressures on rates and earnings will be shared heavily among the crude tanker size classes, with VLCCs in particular bearing ...

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European Shipowners need certainty, says ECSA’s Secretary General

IMO’s recent sulphur cap decision is a positive step as the ship owning community across Europe needs certainty, claims Dr. Patrick Verhoeven, Secretary General of the European Community Shipowners’ Associations (ECSA), in an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), ahead of the European Shipping Week, due to take place in Brussels during the period from 27th of February and until the 3rd of March. Still though, “we have to ensure that there is quality fuel available everywhere in the world and that adequate enforcement measures are in place ...

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LNG marine fuels are gaining market share as emissions’ and costs’ benefits are hard to ignore says Titan LNG

The recent decision by the IMO to limit the amount of sulphur emissions from vessels is bound to have a significant effect in the shipping market, as it will reduce the global sulphur cap to 0.5% from 2020 onwards. As such, alternative fuels, such as LNG are bound for a take off in the years to come, with industry players ready to implement the changes needed in order to achieve the goals set. Mr. Schaap, Commercial Director Marine, Titan LNG, discussed with us the possible implications, noting that LNG as ...

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Shipping needs to be more efficient — Q&A with Dirk Vande Velde, Mediterranean Shipping Company’s Chief Sustainable Development Officer

This year’s Review of Maritime Transport, launched on 7 November, highlights that 2015 was another difficult year for the shipping industry, with continued overcapacity and historically low freight rates. Following the report’s launch, we sat down with Dirk Vande Velde, chief sustainable development officer for Mediterranean Shipping Company, to discuss strategies for overcoming these challenges and for making shipping more sustainable. Q: What has MSC’s strategy been to overcome the challenges facing the shipping industry, such as overcapacity and low freight rates? A: Many analysts are saying that larger ships ...

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Working to ensure that ships will be fully compliant with new rules: SKF develops new concept for ballast water treatment eliminating current weaknesses

Ship owners around the world are being faced with a flurry of new rules and standards, which they will have to comply with, in order to be able to trade their vessels. One of the most recent developments includes the ratification of the Ballast Water Treatment Convention, which will officially enter into force in September of 2017. This means that the existing fleet will have to be retrofitted with respective systems, while at the moment none of the existing solutions guarantees that the vessel will be accepted at ports around ...

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