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Algoma’s new NACC investment

(Posted on 08/06/18)

Algoma Central Corporation, a leading provider of marine transportation services, has announced that NovaAlgoma Cement Carriers Limited (NACC), has acquired a 25% ownership interest in JT Cement (JT Cement), joining KGJ Cement Holdings AS (KGJ) and Erik Thun AB (Thun) of Sweden in the cement company which owns a fleet of seven smaller...

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Leading ship managers for joint procurement business

(Posted on 08/06/18)

Bernhard Schulte Shipmanagement and Columbia Shipmanagement have combined their global buying power to create an independent procurement company to deliver greater value in ship supply costs for shipowners. The move guarantees principals lower costs in the procurement of a wide range of consumables while guaranteeing product quality...

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RMI seeks IMO limits on sulphur in fuel oils

(Posted on 08/06/18)

The Republic of the Marshall Islands (RMI) has submitted a paper to the International Maritime Organization (IMO) Intersessional Working Group (ISWG) on the consistent implementation of the 2020 global fuel oil sulphur standard under MARPOL Annex VI.The submission, which was co-sponsored by the Republic of Liberia, the Baltic and...

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Coldharbour targets Greek market as BW demand picks up

(Posted on 08/06/18)

“Posidonia could not have come at a better time for us,” said Andrew Marshall, Coldharbour Marine Chief Executive, a few days before Posidonia opened its doors to the global shipping community in Athens. “We are in the final stages of a successful ballast water treatment installation for one of our key Greek clients...

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Hill Dickinson expands with finance and corporate team acquisition in Greece

(Posted on 08/06/18)

International law firm Hill Dickinson has bolstered its marine and corporate capabilities with the appointments of finance and corporate partner Jasel Chauhan, senior associate Anthony Paizes and legal assistant Foteini Sfyndili to its Piraeus office.Jasel joins from HFW where he headed the ship finance and corporate practice in...

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The paint that launched 1000 ships

(Posted on 08/06/18)

Hempel, the leading global coatings manufacturer, has applied Hempaguard, its award-winning fouling defence coating, to more than 1000 ships. The one thousandth full-vessel coating was achieved in April.The unrivalled fuel-saving properties of Hempaguard means that, collectively, the owners of these 1000 vessels have reduced their...

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