Hafnia and BW LPG invest in Rajesh Unni’s AI shipping platform
by Sam Chambers
Tuesday, April 20, 2021
Two shipping subsidiaries of Andreas Sohmen-Pao, Hafnia and BW LPG, are lead investors in the latest $6m round of investment into Alpha ORI Technologies (AOT), an artificial intelligence smart shipping platform created by Rajesh Unni, the founder of Singapore-based shipmanager Synergy Group. Mikael Skov, CEO of Hafnia, will join the AOT board of directors following …
SMW 2021: Bahri Calls for Realism as Well as Activism in Decarbonisation Planning
by Ship Bunker
Tuesday, April 20, 2021
"What is not necessarily happening all the time, is that these carbon reduction solutions bring a financial impact that is positive to the organisation."
Filipino seafarers abducted from chemical tanker off Benin return home
by Adis Ajdin
Tuesday, April 20, 2021
Ten Filipino seafarers who were abducted from De Poli Tankers’ vessel Davide B off the coast of Benin in the Gulf of Guinea on March 11 have arrived home. The safe return home of the seafarers was made possible through close coordination between the Philippine government, through its Embassies in Abuja and The Hague, the …
Standard Chartered signs up to the Poseidon Principles
by Sam Chambers
Tuesday, April 20, 2021
Standard Chartered announced today that it has become a signatory to the Poseidon Principles, a global framework that aims to align carbon emissions in the shipping industry with the international targets set by the International Maritime Organization. The Poseidon Principles, launched in 2019, are a commitment between banks and the shipping industry to cut emissions …
UK to Include Shipping in 78% Carbon Cut Plan
by Ship Bunker
Tuesday, April 20, 2021
Johnson is due to announce the plan later this week.
Force majeure declared at Libya’s Hariga port
by Sam Chambers
Tuesday, April 20, 2021
Libya’s National Oil Corp (NOC) declared force majeure on Monday on exports from the port of Hariga and said it could extend the measure to other facilities due to a budget dispute with the country’s central bank. The Hariga news sees Libyan oil output slump below 1m barrels a day. Hariga port, located in the …
Castor Maritime takes fleet to 17 with Delta kamsarmax buy
by Grant Rowles
Tuesday, April 20, 2021
Nasdaq-listed Greek owner Castor Maritime has entered into an agreement to acquire a 2015 Chinese-built kamsarmax bulker for $23.5m, the company’s sixth kamsarmax buy this year. The vessel is likely Delta Shipping’s Jinling-built Ranhil, which matches the vessel description and has been reported as sold by brokers this week for $23.5m. The bulker is valued …
Bourbon: Pioneering offshore wind floaters
by Splash
Tuesday, April 20, 2021
With fixed offshore wind turbines growing bigger and more difficult to install, most countries are looking for longer distance to shore wind installations. “To solve the issue of deeper water, the future wind turbines will have to be installed on floaters,” says Patrick Belenfant, CEO of Bourbon Subsea Services, one of the pioneers in the …
Coast Guard ends search for missing Seacor Power crew
by Kim Biggar
Tuesday, April 20, 2021
The US Coast Guard announced Monday afternoon that its search for remaining Seacor Power crewmembers would end that evening. Eight members of the liftboat crew have not been found. The six-day search for the crew involved several Coast Guard boat and air crews, local agency crews and good Samaritans, who searched for a cumulative 175 …
Silva e Luna sworn in as CEO of Petrobras, plans to continue with policy of international parity
by Kim Biggar
Tuesday, April 20, 2021
As expected, Joaquim Silva e Luna has been elected CEO of Petrobras, the Brazilian government-owned oil company. Silva e Luna was chosen by Brazil’s President Jair Bolsonaro to replace Roberto da Cunha Castello Branco, and officially elected at a board of directors meeting on 16 April. At his swearing-in ceremony on Monday, Silva e Luna …