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Shipping

Wallem-managed bulker rescues fishermen

Wallem-managed bulker rescues fishermen

(Posted on 28/08/19)

ISL Star, a bulk carrier managed by Wallem Group, together with the U.S. Coast Guard successfully retrieved a crew of eight Indonesian fishermen adrift for over a week after their boat lost power in the middle of the western Pacific.The Hallelujar, a 60ft Indonesian-flagged fishing vessel of wooden construction, had been adrift...

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Golden Ocean eyes dramatic turnaround

Golden Ocean eyes dramatic turnaround

(Posted on 19/08/19)

Golden Ocean Group Limited, the John Fredriksen-owned dry bulk shipping company, has announced its results for the quarter ended June 30, 2019.Birgitte Ringstad Vartdal, Chief Executive Officer of Golden Ocean Management AS, commented: “Following a weak first half of the year, the third quarter has started off on a very strong...

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NORDEN signs long-term contracts

NORDEN signs long-term contracts

(Posted on 19/08/19)

NORDEN has contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the United States to Europe over a 6-year period. The Contract of Affreightment (CoA), which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012 and expands the co-operation between...

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IRClass forges training partnership

(Posted on 19/08/19)

Leading classification society, the Indian Register of Shipping (IRClass), recently launched a bespoke training course for the Indian Coast Guard (ICG) at IRClass’ head office in Mumbai, India.Welcoming senior officers of the ICG, Mr Suresh Sinha, Managing Director of IRClass, lauded the close collaboration between IRClass...

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GTMaritime adds Asia-Pacific expertise

(Posted on 19/08/19)

Leading maritime software specialist GTMaritime has appointed satellite connectivity expert Keng Teen Phang (KT) as Head of Sales for Asia-Pacific to drive business development as the region forges ahead in maritime digitalisation and faces up to fast-emerging disruptive cyber threats.Keng Teen (KT) brings more than 15 years&rsquo...

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Frank Tsao dies at 94

Frank Tsao dies at 94

(Posted on 14/08/19)

Frank Tsao Wen-king, founder of International Maritime Carriers (IMC), has died peacefully with family members around him on 12 August. The much respected and acclaimed shipping veteran was 94 years old.His success in dry bulker business early in his career meant that he was regarded as one of the four ‘kings’ of modern...

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