Shipping
CSSC and DNV GL sign agreement
(Posted on 16/12/19)CSSC, the largest shipbuilding group in the world, has entered into a new strategic partnership with DNV GL. A framework agreement between both parties was signed during Marintec China trade fair last week by Mr. Qian Jianping, Vice President of CSSC, and Norbert Kray, Regional Manager for Greater China at DNV GL – Maritime...
New Head for Britannia’s Greece
(Posted on 16/12/19)Britannia P&I Club is delighted to announce that Konstantinos Samaritis will be taking over as head of its office in Greece with effect from 1 January 2020.Konstantinos is a qualified Greek lawyer and accredited mediator. He joined Britannia’s Managers, Tindall Riley, in 2018, having previously worked in both Standard...
Britannia and Korea P&I collaboration
(Posted on 16/12/19)The Britannia Steam Ship Insurance Association Limited (Britannia P&I) and The Korea Shipowners’ Mutual Protection and Indemnity Association (KP&I) have established a new collaboration agreement, Korea-Britannia P&I Collaboration ‘KBC’.This new facility, which is exclusively available to Korean shipowners...
FMT and IRClass MOU to develop bulkers
(Posted on 16/12/19)Further Marine Technology Co. Ltd., (FMT) and Indian Register of Shipping (IRClass) have signed a MOU on strategic cooperation. By combining the two companies’ knowledge and networks, FMT and IRClass are targeting development of the latest generation of bulk carrier designs to expand the business in the South East Asian market...
Wärtsilä solution for Spliethoff
(Posted on 03/12/19)The technology group Wärtsilä has been selected to supply a comprehensive package of solutions for two new state-of-the-art vessels being built for the Netherlands-based shipping company Spliethoff. The ships are under construction at the Fujian Mawei Shipbuilding yard in China. The order with Wärtsilä is booked...
Fundamentals hit dry bulk again
(Posted on 03/12/19)The fundamental balance in the market has worsened in 2019 with supply growth outstripping demand, and BIMCO expects that this will continue into 2020.After peaking in September, the fundamentals of the market have begun to drag on freight rates – although the rates remain above the average experienced so far this year, buoyed...
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