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Hellenic Shipping News Worldwide (www.hellenicshippingnews.com) was at the heart of this year’s Posidonia, as has been the case since 2006. For this year’s event, we prepared, together with our associates and clients a series of interviews on all the major trends and topics of discussion, from the new propulsion technologies and sulphur fuel compliance rules, to the looming digitalisation of shipping and its benefits for all parties involved. As the home of Greek shipping, Posidonia is the gateway to the owners of the largest merchant fleet in the world. Carrying ...

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 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 ...

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 ...

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 ...

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 ...

Scrapyards in South East Asia are in the midst of a significant change, as they are constantly improving their operations, adhering to the norms which have been set in motion by the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships. However, as Dr Nikos Mikelis, non-executive director, GMS, says on an exclusive interview with Hellenic Shipping News Worldwide (www.hellenicshippingnews.com), the European Union’s Ship Recycling Regulation will see European flagged vessels only be permitted to be recycled at yards reviewed, accepted and published in the European List ...