In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Mr. Ranjit Singh, Executive Director and CEO of Essar Shipping Ltd. discusses the company’s activities and prospects, with regards to the great development potential of the Indian shipping market. He also shares his views on the tanker and dry bulk markets, as well as the approach by Indian ship owners towards the 2020 IMO rule regarding the use of low-sulphur fuels. Essar Shipping is one of the biggest shipping companies in India. Can you take us through the fleet size ...

The dry bulk market looks to be on a tight rope as it balances its way out of the doldrums. Overcapacity will still linger on as 2018 is about to enter the foray. In an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), BIMCO’s Chief Shipping Analyst Peter Sand says that demolition levels are set to fall, compared to 2017, as rates are improving, while trade levels aren’t expected to return to the height of the current fourth quarter, before the third quarter of 2018. The second half of the ...

Britannia P&I Club is firmly establishing its presence in the Greek shipping market for P&I Clubs. This was made even more evident with the recent establishment of a local office in the Greek market, expected to open its doors in 2018, with the aim of providing a claims handling service, alongside the obvious fact of acting as Britannia’s public face in Greece. In an interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), Dale Hammond, Director, FD&D and claims director for the Club’s Greek membership says that the renewed focus on the ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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. ...

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 ...

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 ...

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, ...

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 ...

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 ...