INDUSTRY INTRODUCTION: SHIPPING

Size: px
Start display at page:

Download "INDUSTRY INTRODUCTION: SHIPPING"

Transcription

1 SHIPPING

2 INDUSTRY INTRODUCTION: SHIPPING Danish shipping companies handle around 7 percent of total world tonnage and transport 10 percent of the world s seaborne trade. Moreover, Danish shipping companies share of the value of the world s seaborne trade corresponds to more than USD 900 billion or ten times the value of total Danish exports. Consequently, Danish shipping companies are important players in global shipping and as mediators of international trade. The three largest segments of Danish shipping are tankers, container vessels and bulkers. Together these three segments account for nearly 60 percent of the number of ships owned by Danish shipping companies and more than 95 percent of their cargo carrying capacity. The proportions and experiences of Danish shipping companies have made them global frontrunners in making sea transport as efficient, safe and environmentally friendly as possible. Danish shipping companies have developed successful business models that address the specific focus areas and challenges of their market segments and give the companies competitive advantages. The following cases represent examples of different initiatives from specially designed vessels, safety procedures to installation of environmental performance systems. These cases again represent the different segments of the shipping industry. The cases from the tanker segment focus on ensuring safety and increasing energy efficiency. The former is motivated by the severe environmental consequences of accidents involving tankers. The latter by the fact that the tankers typically steam at high speed in order to deliver the cargo and then reload at another destination.therefore shipping companies aim at optimizing the operation time and reduce fuel consumption and emissions. The case from the container business segment explains how investments in new vessels can help increase port productivity, lower costs and thereby increase trade while at the same time reducing emissions. This is particularly challenging in developing countries where poor port infrastructure and low capacity often prevent the efficiency advantage of large container ships to materialise. The cases from companies in the bulk segment are focusing on the needs to respond efficiently and flexibly to the technical challenges that arise when handling dry bulk cargo in the world s different ports and terminals. This is relevant because dry bulk carriers operate in the tramp regime, which means that the ships and their operators must be flexible to remain efficient.

3 THE DANISH MERCHANT FLEET S REDUCTIONS IN CO 2 EMISSIONS Shipping companies transport about 90 percent of global trade and emit about 3 percent of global CO 2 emissions. Danish shipping companies have been proactive in reducing CO 2 emissions. Since 2008, Danish shipping companies have reduced their CO 2 emissions by almost 25 percent. Source: Danish Shipowners Association, Relatve reduction since 2008, pct CO 2 - Emissions Deadweight Tonnage in mio. tons World view on shipping Benefits of international trade given in terms of economic growth and employment creation are self-evident and indisputable. Gains from trade do not only accrue to rich countries. Reduced trade costs and increased imports of intermediate goods also stimulate productivity, innovation and competitiveness in developing countries. But international trade can only take place if the transport costs are low enough to make trade desirable, making highly efficient modes of transport vital. Sea transport is by far the cheapest compared to air and land transport and sea transport also has lower emissions. And for many commodities, such as coal and iron ore, it is the only feasible way of transport in an economic and environmental sense. Today, sea transport accounts for 70 percent of total transport in terms of value and 90 percent in terms of volume.

4

5 CLIPPER Clipper's project vessels can service ports with rudimentary infrastructure and can deliver project cargoes such as construction materials closer to their final destination. The elimination of superfluous transport legs can be of particular significance in developing African countries where each additional leg of transport may be prone to inefficiency and generate extra costs. The environment also benefits from the use of project vessels. Clipper has two strategic business units: Clipper Bulk and Clipper Projects. Clipper Bulk controls a fleet of approximately 100 bulk carriers. Bulk cargo services operate both on a contract and spot basis, and the company transports all main types of cargo, including break bulk, primarily between locations in the USA, Europe and the Far East. Clipper Projects operates over 40 multipurpose vessels, which handle cargoes that demand particular care in logistics management and reliability. Clipper employs approximately 300 people worldwide having its headquarters in Denmark and regional offices in 10 countries around the world. Project vessels enable trade Countries with limited port infrastructure are generally not regarded as attractive markets for ordinary bulk shipping companies, which limits the options for sea transport to and from these countries. Clippers project vessels delivers project cargo such as prefabricated steel girders for construction, large pieces of machinery or transport equipment to remote destinations in Africa with limited port infrastructure. The on-board cranes allow for efficient loading and unloading independently of the availability of harbour cranes. The services of Clipper facilitate the countries' trade with the rest of the world and contribute to cost-efficient development of e.g. power stations, industry and transport infrastructure. Environmental benefits The use of project vessels as opposed to ordinary bulk cargo vessels also provides environmental benefits stemming from their flexibility, which prevents transhipment by land and contributes to shorter stays in port. The faster loading and unloading when using own cranes and experienced crew reduces turnaround time. In addition to the intrinsic benefits of using project vessels, Clipper engages in several initiatives to create added environmental value. Clipper uses trim optimisation, meaning that the distribution of ballast is adjusted in order to match current sailing conditions, such as ship load, draught or sea state. Optimised ballast distribution improves the hydrodynamic characteristics of the vessel, which means that less energy and fuel is required to sail the vessel. The company estimates that the annual CO 2 savings due to trim optimisation amount to more than 1000 tons. Furthermore, Clipper implements optimal voyage planning for its vessels. This has brought in significant annual CO 2 savings. Further information:

6 J. LAURITZEN Lauritzen have increased the flexibility of its fleet of bulkers with inventions such as grabs for handling cement. This allows the company to carry cement to destinations that lack the infrastructure to accommodate specialist cement carriers or large ships. The benefits are higher utilization for the fleet as well as cost savings for the client from the cargo arriving closer to its final destination, which also reduces transhipments and environmental impact. J. Lauritzen was founded in 1884 and remains wholly-owned by the Lauritzen Foundation. J. Lauritzen s business activities encompass: Lauritzen Bulkers, Lauritzen Kosan, Lauritzen Offshore and Lauritzen Tankers. The company is headquartered in Denmark and has activities worldwide with offices in, China and Japan, Philippines, Singapore, Spain and USA. J. Lauritzen has about 1,300 employees worldwide and the company controls about 165 vessels. Developing of dust-eliminating grabs Lauritzen Bulkers is a significant provider of tonnage to the cement trade. Besides cement and clinker, Lauritzen uses its fleet to transport a variety of other cargoes requiring special transport arrangement, incl. minerals, agricultural products, wood logs or wood pellets. Cement and clinker is a challenging cargo to load, transport and discharge. A substantial part of the cement business takes place in ports with limited infrastructure whereby both the environment and the physical space available makes it a challenging task to load or to discharge. The greatest challenge is related to the generation of dust, presenting danger to the crew, ship s installations, port infrastructure and surroundings, and the cargoes of other ships. To address this, Lauritzen has developed special dust-eliminating grabs for cargo handling. Loading ships to their full potential The use of grabs also allows the crew to load the ship to its maximum capacity without jeopardizing stability or inducing dangerous structural stresses. Cement has a low angle of repose, which means that it has an inherent tendency to form a cone when it is loaded using conveyors. This gives rise to two problems. A cone can shift on voyage, creating stability problems. Moreover, coning is an inefficient way of loading cargo because it leaves part of the holds empty. The use of grabs eliminates the risk of coning because the operator of the grabs distributes the cargo evenly in the hold. Trained crew reduces risks Trained crew on-board Lauritzen Bulkers ships increases the efficiency and reduces the risk of incorrect loading, accidents and cargo spillage. It also increases efficiency in preparing and cleaning the hold and reduces the risk of improper maintenance of the grabs. Furthermore, the crew is able to leverage its experience to either repair the grabs or remedy the costs in terms of time, money and the environmental damage by taking action immediately. The presence of an experienced crew helps ensure an efficient flow of operations ashore as well. Better utilization of port infrastructure The use of grabs means maximum use can be made of the port capacity available. The infrastructure available in many ports may pose limitations for loading and discharging cement. However, making use of the port capacity available is particularly important in the case of cement and cement clinker because they are low value products. Transport costs can add up to a large part of the final value of the cargo. Better utilization of port infrastructure also means more cargo shipped with fewer vessels entering the port reducing waiting times for others. Further information:

7

8 MAERSK LINE Faced with infrastructural challenges, Maersk Line has designed a special class of container ships, WAFMAX, that are optimised in terms of size and draught to call key West African ports. The deployment of the WAFMAX ships helps improve the productivity of some of the world's most congested ports by significantly bringing down waiting and berthing times. These productivity gains have positive effects for the local economy as trade becomes both cheaper and more environmentally efficient, thereby creating favorable conditions for West Africa's future growth. Established in 1904, Maersk Line operates container ships. It is the largest business unit in A.P. Moller- Maersk, accounting for app. half of the Group s revenues, with a headcount close to 26,000 in 125 countries. Maersk Line is also the largest container shipping company in the world by capacity, with a global market share of 15 percent and a presence on every major trade route. Maersk Line operates a fleet of more than 600 ships. WAFMAX is an abbreviation for Maersk Line s 22 new West Africa Maximum ships, which have been designed to meet the growing trade volumes between Far East Asia and West Africa. As the name implies, these vessels increase the current maximum capacity level of shipping lines calling West African ports and are the biggest vessels ever to serve the region. The challenge of West African ports The African continent is heavily dependent on international trade. Intra-African trade only constitutes 11.5 percent of the continent s total trade and the bulk of Africa s international trade (oil, minerals and agricultural products) is transported by sea. As a consequence, maritime trade accounts for more than 90 percent of the continent s imports and exports. The ports of Africa therefore play a fundamental role in facilitating Africa s integration with international trade. Yet West African ports are among the least efficient and most congested in the world and the recent growth in trade has increased congestion even more. Dwell times are nearly quadruple those of Asian ports, and limited traffic, poor facilities and a lack of maintenance dredging means that large vessels do not call West Africa. Increased port productivity The WAFMAX vessels were specifically designed to overcome the obstacles in West African ports. Every time a WAFMAX vessel calls a West African port, it delivers almost twice the number of containers as other vessels calling the same port, and faster too. That helps bringing down the notoriously long waiting times of West African ports benefitting all vessels servicing the territory and hence also importers and exporters in the region. In addition to reduced waiting time, the WAFMAX vessels' length and improved stability also help reduce berthing time through faster loading and discharge of containers. Since the WAFMAX vessels are responsible for a significant share of the traffic in the ports they call, they have a measurable impact on improving the ports' overall productivity. In Apapa, Nigeria, the WAFMAX ships are for instance expected to lead to a 20% increase in port productivity by 2013.

9 Reduced emissions The WAFMAX vessels also reduce the environmental impacts of container shipping on the West Africa - Far East Asia trade. A combination of lower port turnaround times and slow steaming while vessels are in transit means that a container shipped on a WAFMAX vessel has up to 30 percent lower CO 2 emissions compared to the industry average on the Far East Asia to West Africa trade route. The WAF- MAX vessels also reduce SOx emissions significantly. Enabling trade The improvement in port productivity as a a result of WAFMAX also has an impact on transportation costs for shippers importing to or exporting from the region. The reduced waiting time enabled by WAFMAX means that customers are able to reduce their inventory costs and will incur fewer congestion surcharges as they receive their goods faster. The reduced logistics costs of importing to or exporting from West Africa are expected to generate increased trade and economic activity in West Africa in the years to come. Further information:

10 NORDEN NORDEN has implemented ship performance monitoring systems which streamline the collection of performance indicators in real time and eliminate a number of clerical activities in the office. This allows the company to develop efficiency-enhancing measures, such as right steaming or virtual arrival. These measures result in more efficient fleet management and reduced environmental impacts.

11 NORDEN was founded and listed in 1871 and is one of the oldest shipping companies in the world. NORDEN operates globally in dry cargo and product tankers with one of the most modern and competitive fleets in the industry. NORDEN operates a total of 244,5 vessels. In addition, vessels from 3rd parties are operated in pools of which NOR- DEN which is either co-owner or manages. These are Norient Product Pool, NORDEN Post-Panamax Pool and NORDEN Handysize Pool. NORDEN has its headquarters in Denmark, and offices in Singapore, China, India, the USA and Brazil, a network of port captains as well as site offices at shipyards in Korea, China, Vietnam and Japan. NORDEN has 273 employees on shore and 884 on board owned vessels. In addition, Norient Product Pool has 44 employees at is offices in Denmark, Cyprus, Singapore, the USA and Brazil (numbers are stated the 31st. December 2012). Real time monitoring of ship performance In the tanker business a fast and steady pace is essential, both in the journey to the origin of the cargo as well as delivering it at its destination. That requires high speed resulting in high fuel consumption. Via the Norient Product Pool (NPP), NORDEN engages in several initiatives to enhance efficiency while still being able to satisfy its clients need for timeliness and speed. Efficient operations mean reduced consumption of bunker oil, which translates into lower operating costs and lower CO 2 emissions. NPP has implemented a system known as Master s Operations and Environments Performance System, MOEPS. The system allows for the collection and analysis of information on the organisation of a voyage as well as its actual performance. The system is capable of monitoring a ship s operating parameters, allowing comparison of the agreed service speed with the actual speed of the vessel as an example. If the actual speed exceeds the agreed speed, the head office sends an enquiry to the captain to determine the reasons for the deviation. There may be several reasons why the speed is higher than agreed, such as the weather or the traffic situation at sea. But if the head office determines that there is no reason to steam at high speed, the captain is ordered to reduce it. Total savings between amounted to 245,000 tonnes of bunker oil and 774,200 tonnes of CO 2. Compared to the level of efficiency in 2007, this corresponds to a 24 percent saving approximately. Right steaming and virtual arrival NNP also uses MOEPS for virtual arrival a process that involves an agreement to reduce a vessel s speed on voyage to meet a pre-determined time of arrival. Reasons for reducing speed may also include the discharge port not being ready for the ship. In such a case, if the speed is not reduced the ship may arrive too early and be required to wait idly at anchorage. There would be no benefits from fast steaming as this would not lead to discharging the cargo any faster. If the system alerts the operator that virtual arrival is relevant for a voyage, NPP asks the customer for permission to employ virtual arrival. If the customer agrees, then NPP contacts the Danish Meteorological Institute (DMI) to calcute the virtual arrival speed and arrival date based on relevant weather forecasts. This is communicated to the customer and may have a bearing on the duration of laytime and demurrage. Virtual arrival provides a number of benefits. Firstly, emissions are reduced due to the elimination of emissions while waiting at anchor and steaming at optimised speeds. Secondly, port congestion is reduced and the level of safety improves in port areas. Further information:

12 NORDIC TANKERS Nordic Tankers works towards increasing its safety level which is of key importance in the transport of chemicals by sea. The company undertakes projects addressing organisational processes as well as corporate culture. A high safety level is beneficial for the protection of crew, cargo the general public and the environment. Nordic Tankers operates nearly 130 specialised tankers specifically constructed for carrying chemical substances. These vessels carry hundreds of different chemicals and other liquids, ranging from red wine to concentrated sulphuric acid. Nordic Tankers operates globally, the main regions being US Gulf, Central and South America as well as North West Europe. The company has approximately 1450 employees at sea and 210 ashore at offices in Denmark, France, USA, Colombia, Singapore and Latvia. Implementing a Safety Culture Chemical cargo owners require shipping companies to document high safety standards as a prerequisite for operating in the market. This means that, apart from having sophisticated ships and equipment,

13 shipping companies must design and implement strict safety procedures and sign on specially trained crews. A high safety level is not only beneficial for the protection of crew and cargo, but also translates into greater safety for the general public, especially populations living in port cities and coastal areas close to the routes of chemical tankers. The benefits of high safety levels are also evident regarding the environment. Nordic Tankers has chosen a profile as High Safety Carrier as one of its competitive edges. This requires on-going efforts in terms of specifying detailed safety procedures that are harmonised, planned and transparent for all parts of the work on board and inherent in the culture of crews on-board and staff ashore. To improve safety performance, Nordic Tankers has started a project called Safety Culture. Working with the culture, goes beyond detailed safety procedures, and the aim is to bring safety into the DNA of all employees and bring all Nordic Tankers ships into the top quartile in terms of safety performance. The first step involved a diagnosis of the challenges at Nordic Tankers. The diagnosis revealed that there was room for improvement in the interplay and communication between shore departments and ships, a need for role models and leadership and a need for improved motivation for learning and knowledgesharing. Nordic Tankers will also develop a Code of Conduct that will include policies in matters of safety. The company will educate key personnel at sea and ashore in how to apply the Code in practice so they may act as role models and can coach their colleagues. The last step involves defining responsibilities for project results and incorporating these into job descriptions and appraisal systems. This includes establishing of a rewards and sanctions matrix clarifying consequences of behaviour affecting safety. Measuring improvements Nordic Tankers also work with Key Performance Indicators in a number of areas related to safety. The most important indicator is the number of so-called Lost Time Incidents (LTI s). LTIs are work related incidents resulting in absence from work on a scheduled work shift on the day following the injury. Nordic Tankers has improved its LTI from 1,8 in 2010 to below 0,8 in 2012, and has set a target for further improvement in Further information: Sharing knowledge and defining responsibilities To ensure active engagement from everyone the next steps include communication, a safety leadership training program and knowledge-sharing initiatives. Knowledge-sharing among staff on ships and ashore will include establishing an ideas bank with employees being invited to submit their suggestions for safety improvements.

14 TORM TORM improves safety and environmental performance through training and communication efforts. Better safety and a No blame culture helps prevent accidents and increases job satisfaction and retention among employees. High safety performance also yields more commercial flexibility and thus better earning power. TORM was founded in 1889, is headquartered in Denmark and conducts business worldwide, with offices in India, Philippines, Singapore, USA and Brazil. The company employs approximately 300 people ashore and about 2900 seafarers. TORM is one of the world s largest carriers of refined oil products and also a participant in the dry bulk market. The Company owns 68 vessels and operates a fleet of 125 vessels in cooperation with other shipping companies. Focus on safety and the environment TORM focuses on monitoring and reducing the risk of non-compliance through operational, quality-enhancing initiatives in the areas of health and safety, as well as through actions to mitigate risks of environmental damage. Strict requirements imposed by oil majors give TORM an extra incentive to improve safety performance and increase training efforts. High performance yields more commercial flexibility and thus better earning power. Four levels of training TORM s training programme comprises activities on four levels. The first level of training follows the Standards of Training, Certification & Watch keeping (STCW) convention and flag state requirements, including fundamental safety training, pollution prevention and survival in craft and rescue boats. The second level of training is in accordance with the specific requirements for safety on board tankers. This training is guided by Tanker Management and Self Assessment (TMSA) requirements and includes courses in bridge team management, ship handling, vetting, equipment-specific training and officer seminars. The third level constitutes training in accordance with company needs and requirements for technical, environmental and safety performance. These may include courses in pump systems, engine maintenance and supplier-specific training. The fourth level comprises training directed towards the individual needs and requirements. This training can involve anything from information technology skills, leadership skills, or painting courses. Low number of accidents Lost Time Accident Frequency (LTAF) is a measure of work-related personal injuries that result in more than one day off work per million hours of work. TORM is aiming at minimising its LTAF, recognizing that 'zero' would be the optimal goal. TORM has consistently delivered an average LTAF of 1.0 or below a very competitive level compared to other industries and this performance can be attributed to the safety training programmes.

15 Learning from near misses A 'near miss' is an unplanned event that did not result in injury, illness, or damage but had the potential to do so. A ship without near misses is not necessarily a safe ship and a high number of near miss reports indicate that the crew are aware of safety risks and are responding to them. In 2010, TORM initiated a project aiming at raising awareness about the importance of near miss reports. Between 2009 and 2012, the reporting frequency increased by 841 percent, from an average of 0.6 to 6.1 reports per ship per month. Sharing near miss reports between the vessels has proven to be an effective way of improving the safety culture on board. Along with TORM's No blame culture this approach helps. Further information:

16 The Danish Shipowners' Association Amaliegade Copenhagen K Danish Responsibility means striving for a sustainable future, while building competitive companies and a stronger society. Danish Responsibility is a mindset which ensures that we combine economic growth with responsible behaviour. When social and environmental responsibility is incorporated throughout the supply chain, from design and production to use and disposal, the end result is better products, and better products create a better world. Learn more on

Danish Shipping Academy. The Commercial Shipping Program

Danish Shipping Academy. The Commercial Shipping Program Appendix B Danish Shipping Academy The Commercial Shipping Program Maritime Law - Curriculum Vendor The course will be delivered as a joint venture between Gorissen Federspiel law firm and BIMCO education.

More information

On Course for a Better World. Danish Business Authority The Danish Maritime Fund Lauritzen Foundation D/S NORDEN // D/S Orients Fond Torm Foundation

On Course for a Better World. Danish Business Authority The Danish Maritime Fund Lauritzen Foundation D/S NORDEN // D/S Orients Fond Torm Foundation On Course for a Better World Danish Business Authority The Danish Maritime Fund Lauritzen Foundation D/S NORDEN // D/S Orients Fond Torm Foundation May 6th 2013 Authors: Helle Johansen (CSR Onboard) Eva

More information

CAPITAL MARKETS DAY DRY CARGO

CAPITAL MARKETS DAY DRY CARGO CAPITAL MARKETS DAY DRY CARGO THE PREFERRED PARTNER IN GLOBAL TRAMP SHIPPING UNIQUE PEOPLE, OPEN MINDED TEAM SPIRIT, NUMBER ONE New York City, 22 January 2008 1 GUIDANCE AGENDA Norden Dry cargo Organization

More information

Green Ship of the Future

Green Ship of the Future Green Ship of the Future Green Ship of the Future (GSF) is a partnership, a joint initiative in which companies across the Danish Maritime Cluster join forces to develop and test environmentally and climate

More information

Why infrastructure is so important

Why infrastructure is so important Maersk in Brazil Brazil is a key growth market for Maersk. We share a common interest with Brazil in promoting economic development, national competitiveness and prosperity for Brazil s population. Since

More information

Marine Accidents SØULYKKESRAPPORT FRA OPKLARINGSENHEDEN

Marine Accidents SØULYKKESRAPPORT FRA OPKLARINGSENHEDEN Marine Accidents 2009 SØULYKKESRAPPORT FRA OPKLARINGSENHEDEN The Danish Maritime Authority 2009, Vermundsgade 38C, 2100 Copenhagen Ø Telephone 39 17 44 00 - Fax 39 17 44 01 www.sofartsstyrelsen.dk sfs@dma.dk

More information

SINGAPORE. A PREMIER GLOBAL HUB PORT THE WORLD S BUSIEST PORT

SINGAPORE. A PREMIER GLOBAL HUB PORT THE WORLD S BUSIEST PORT SINGAPORE. A PREMIER GLOBAL HUB PORT THE WORLD S BUSIEST PORT 01 THE WORLD S BUSIEST PORT THE WORLD S BUSIEST PORT Every two to three minutes, a ship arrives at or departs from the Singapore port. Every

More information

A Contribution to the Analysis of Maritime Accidents with Catastrophic Consequence

A Contribution to the Analysis of Maritime Accidents with Catastrophic Consequence A Contribution to the Analysis of Maritime Accidents with Catastrophic Consequence Lusic Zvonimir M. Sc., Erceg Tonci Faculty of Maritime Studies Split, Croatia Zrinsko-Frankopanska 38, 21000 Split Phone:

More information

London International Shipping Week. 10 September 2015

London International Shipping Week. 10 September 2015 London International Shipping Week 10 September 2015 Session 3 13:15 14:45 The role of governments in a global maritime industry: Should governments lend their support and how can they participate in growing

More information

Shipping, World Trade and the Reduction of

Shipping, World Trade and the Reduction of Shipping, World Trade and the Reduction of United Nations Framework Convention on Climate Change International Maritime Organization Marine Environment Protection Committee International Chamber of Shipping

More information

SUCCESS HAS A NAME. Hapag-Lloyd AG Ballindamm 25 20095 Hamburg www.hapag-lloyd.com

SUCCESS HAS A NAME. Hapag-Lloyd AG Ballindamm 25 20095 Hamburg www.hapag-lloyd.com Group Communication 09/2010 SUCCESS HAS A NAME Hapag-Lloyd AG Ballindamm 25 20095 Hamburg www.hapag-lloyd.com 2 Introduction Introduction 3 FOR OVER 160 YEARS we ve been there for you worldwide. We didn

More information

Overview on The Proposed Block Exemption for Liner Shipping Agreements by the MyCC

Overview on The Proposed Block Exemption for Liner Shipping Agreements by the MyCC Overview on The Proposed Block Exemption for Liner Shipping Agreements by the MyCC 1 Briefing overview Introduction on the block exemption application filed Assessment conducted by the MyCC Proposed block

More information

SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership

SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership SEA Europe input on future EU-US Transatlantic Trade and Investment Partnership SEA Europe is the Association for Ships and Maritime Equipment. Originating from the fusion of EMEC, the European Marine

More information

Golden Ocean Group Limited Q3 2006 results December 1, 2006

Golden Ocean Group Limited Q3 2006 results December 1, 2006 Golden Ocean Group Limited Q3 2006 results December 1, 2006 PROFIT & LOSS 2005 2006 (in thousands of $) 2006 2005 2005 Jul-Sep Jul-Sep Jan - Sep Jan - Sep Jan - Dec Operating Revenues 26,265 66,431 Time

More information

Pilot on the Bridge Role, Authority and Responsibility. Necessity of Bridge Team Management.

Pilot on the Bridge Role, Authority and Responsibility. Necessity of Bridge Team Management. Pilot on the Bridge Role, Authority and Responsibility. Necessity of Bridge Team Management. Captain Ajaz Peermohamed Gard (UK) Limited London, United Kingdom Captain Ajaz Peermohamed Senior Claims Executive

More information

PT. TRI MARINA GLOBALNUSA - BROCHURE

PT. TRI MARINA GLOBALNUSA - BROCHURE PORT SERVICE & MARINE SHIPCARE C O M P A N Y P R O F I L E P T. T R I M A R I N A G L O B A L N U S A A Tri Marina Group Company 20 OVER YEARS OF EXPERIENCE PT. Tri Marina Globalnusa (TMG) provides a total

More information

Regulation of 15 September 1992 No. 693 concerning the Form and Keeping of Log Books for Ships and Mobile Offshore Units

Regulation of 15 September 1992 No. 693 concerning the Form and Keeping of Log Books for Ships and Mobile Offshore Units Regulation of 15 September 1992 No. 693 concerning the Form and Keeping of Log Books for Ships and Mobile Offshore Units Laid down by the Norwegian Maritime Directorate on 15 September 1992 pursuant to

More information

THE COMMERCIAL ASPECTS OF FREIGHT TRANSPORT OCEAN TRANSPORT: FREIGHT RATES AND TARIFFS. Hans J. Peters

THE COMMERCIAL ASPECTS OF FREIGHT TRANSPORT OCEAN TRANSPORT: FREIGHT RATES AND TARIFFS. Hans J. Peters January 1991 Transport No. PS-3 TRANSPORTATION, WATER AND URBAN DEVELOPMENT DEPARTMENT THE WORLD BANK THE COMMERCIAL ASPECTS OF FREIGHT TRANSPORT OCEAN TRANSPORT: FREIGHT RATES AND TARIFFS Hans J. Peters

More information

Smarter operations. Discover how intelligent data can help you implement and reap the rewards of smarter, streamlined operations. bmtsmart.

Smarter operations. Discover how intelligent data can help you implement and reap the rewards of smarter, streamlined operations. bmtsmart. Smarter operations Discover how intelligent data can help you implement and reap the rewards of smarter, streamlined operations. bmtsmart.com With more than 20 years of experience and knowledge, and 1,400

More information

WORK PROGRAMME. Comments on document MSC 89/22/11. Submitted by the World Shipping Council (WSC) and the International Chamber of Shipping (ICS)

WORK PROGRAMME. Comments on document MSC 89/22/11. Submitted by the World Shipping Council (WSC) and the International Chamber of Shipping (ICS) E MARITIME SAFETY COMMITTEE 89th session Agenda item 22 MSC 89/22/17 22 March 2011 Original: ENGLISH WORK PROGRAMME Comments on document MSC 89/22/11 Submitted by the World Shipping Council (WSC) and the

More information

Decarbonising the Maritime Supply Chain

Decarbonising the Maritime Supply Chain Decarbonising the Maritime Supply Chain Professor Alan McKinnon Logistics Research Centre Heriot-Watt University EDINBURGH, UK International Energy Agency, Paris 18 th June 2010 Greenhouse Gas Emissions

More information

Shipping, World Trade and the Reduction of

Shipping, World Trade and the Reduction of Shipping, World Trade and the Reduction of United Nations Framework Convention on Climate Change International Maritime Organization International Chamber of Shipping COP 19 WARSAW UNFCCC Must Support

More information

Expanded Canal: Shipping economics. US east coast ports. Caribbean and Central American ports. Other implications. Agenda

Expanded Canal: Shipping economics. US east coast ports. Caribbean and Central American ports. Other implications. Agenda Panama Canal expansion: Implications for container ports Neil Davidson Senior Analyst Ports & Terminals davidson@drewry.co.uk PIANC Seminar: Widening the Panama Canal London, 28 October 2013 Agenda 2 Expanded

More information

COMPLIANT LOGISTICS FOR THE OIL & GAS INDUSTRY

COMPLIANT LOGISTICS FOR THE OIL & GAS INDUSTRY COMPLIANT LOGISTICS FOR THE OIL & GAS INDUSTRY Content We understand 67% WE UNDERSTAND YOUR REQUIREMENTS We understand Today s energy market is more dynamic than ever, with demand expected to keep rising

More information

Shipping, World Trade and the Reduction of CO 2 Emissions

Shipping, World Trade and the Reduction of CO 2 Emissions Shipping, World Trade and the Reduction of CO 2 Emissions United Nations Framework Convention on Climate Change (UNFCCC) INTERNATIONAL CHAMBER OF SHIPPING (ICS) Representing the Global Shipping Industry

More information

Implementing a Ship Energy Efficiency Management Plan (SEEMP) Guidance for shipowners and operators

Implementing a Ship Energy Efficiency Management Plan (SEEMP) Guidance for shipowners and operators Implementing a Ship Energy Efficiency Management Plan (SEEMP) Guidance for shipowners and operators Lloyd s Register, its affiliates and subsidiaries and their respective officers, employees or agents

More information

Shipping, World Trade and the Reduction of

Shipping, World Trade and the Reduction of Shipping, World Trade and the Reduction of International Chamber of Shipping CO DO P HA 18 United Nations Framework Convention on Climate Change International Maritime Organization UNFCCC Must Support

More information

Maersk Tankers Sustainability Update 2015. Sustainability is everybody s business making a difference

Maersk Tankers Sustainability Update 2015. Sustainability is everybody s business making a difference Maersk Tankers Sustainability Update Sustainability is everybody s business making a difference Sustainability is everybody s business making a difference In Maersk Tankers we say that sustainability is

More information

GLOBAL TRENDS IN SHIP SOURCED MARINE POLLUTION. Dr Henk Renken. ITOPF, 1 Oliver s Yard, 55 City Road. London EC1Y 1HQ, United Kingdom

GLOBAL TRENDS IN SHIP SOURCED MARINE POLLUTION. Dr Henk Renken. ITOPF, 1 Oliver s Yard, 55 City Road. London EC1Y 1HQ, United Kingdom GLOBAL TRENDS IN SHIP SOURCED MARINE POLLUTION Dr Henk Renken ITOPF, 1 Oliver s Yard, 55 City Road London EC1Y 1HQ, United Kingdom henkrenken@itopf.com Paper presented at: Oil in the Sea Conference, Hamburg,

More information

Global Cargo Insurance Report Mike Davies Head of Marine, Asia Pacific Zurich Insurance Company Ltd

Global Cargo Insurance Report Mike Davies Head of Marine, Asia Pacific Zurich Insurance Company Ltd Global Cargo Insurance Report 2013 Mike Davies Head of Marine, Asia Pacific Zurich Insurance Company Ltd 1 Global Cargo Insurance Report 2013 World Trade Cargo market & results Cargo - accumulation & catastrophe

More information

CONCEPT FOR ACTIVITY 1: DYNAMIC & PROACTIVE ROUTES OR GREEN-ROUTES

CONCEPT FOR ACTIVITY 1: DYNAMIC & PROACTIVE ROUTES OR GREEN-ROUTES TEN-T PROJECT NO: 2010-EU-21109-S CONCEPT FOR ACTIVITY 1: DYNAMIC & PROACTIVE ROUTES OR GREEN-ROUTES January 2012 TABLE OF CONTENTS 1 INTRODUCTION... 3 1.1 Scope and purpose... 3 1.2 Objectives and expected

More information

ST. VINCENT AND THE GRENADINES

ST. VINCENT AND THE GRENADINES ST. VINCENT AND THE GRENADINES MARITIME ADMINISTRATION CIRCULAR N POL 008 - Rev 1 MARPOL ANNEX I OIL RESIDUE (SLUDGE) AMENDMENTS - MEPC 59 TO: SHIPOWNERS, SHIPS OPERATORS AND MANAGERS, MASTERS APPLICABLE

More information

With you at all times. Proactive Loss Prevention

With you at all times. Proactive Loss Prevention With you at all times Proactive Loss Prevention With you at all times is a pioneer in providing comprehensive All-in-One insurance solutions and in loss prevention. Our most important mission, in a world

More information

Recent development in Maritime transport and challenges ahead for ports

Recent development in Maritime transport and challenges ahead for ports Recent development in Maritime transport and challenges ahead for ports Piraeus 18th September 2008 Vincent Valentine Transport Section Division on Technology and Logistics Contents A. Recent Developments

More information

Issue. September 2012

Issue. September 2012 September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy

More information

Best direction for logistics

Best direction for logistics Best direction for logistics 2 It takes logistics expertise to transport products. You must be able to rely on and trust your logistics partner. That is exactly why more and more companies have chosen

More information

Copyright: Univan Ship Management Ltd.

Copyright: Univan Ship Management Ltd. Outsourcing Ship Management Should Owners Do It? Technical management may be : An in-house function for a Ship Owner OR Out-sourced to a third-party Ship Manager. The Owner s Musts : 1. Anticipate operating

More information

Dry bulk shipping market outlook

Dry bulk shipping market outlook Dry bulk shipping market outlook Tina Qianwen Liu Country Manager, China Marine Money Shanghai 20 November 2014, Shanghai 2 3 Low commodity prices & lower cost of seaborne logistics 4 Excessive investment

More information

CASE: Reinventing the Container Shipping Industry

CASE: Reinventing the Container Shipping Industry CASE STUDY J Bus Mark Manag (2014) 7(1): 301 305 URN urn:nbn:de:0114-jbm-v7i1.870 CASE: Reinventing the Container Shipping Industry Jens Geersbro Thomas Ritter Introduction Containerized shipping is the

More information

DAMCO GLOBAL LOGISTICS INDIVIDUAL SOLUTIONS

DAMCO GLOBAL LOGISTICS INDIVIDUAL SOLUTIONS DAMCO GLOBAL LOGISTICS INDIVIDUAL SOLUTIONS AS A LEADING THIRD PARTY LOGISTICS AND SUPPLY CHAIN MANAGEMENT COMPANY, DAMCO PRIDES ITSELF ON BEING A TRULY INTEGRATED END-TO-END SOLUTIONS PROVIDER. OUR GOAL

More information

GOVERNMENT OF PAKISTAN MINISTRY OF PORTS AND SHIPPING

GOVERNMENT OF PAKISTAN MINISTRY OF PORTS AND SHIPPING GOVERNMENT OF PAKISTAN MINISTRY OF PORTS AND SHIPPING Mission Statement As more than 95 per cent of the total freight trade of Pakistan is seaborne, the overall objective of the Ministry of Ports and Shipping

More information

IMPLEMENTING An effective SAFETY CULTURE. Basic Advice for Shipping Companies and Seafarers

IMPLEMENTING An effective SAFETY CULTURE. Basic Advice for Shipping Companies and Seafarers IMPLEMENTING An effective SAFETY CULTURE Basic Advice for Shipping Companies and Seafarers INTERNATIONAL CHAMBER OF SHIPPING IMO Symposium on the Future of Ship Safety, 2013 IMPLEMENTING An effect Basic

More information

ARMATEURS DE FRANCE S BLUE CHARTER. For responsible transport and maritime services

ARMATEURS DE FRANCE S BLUE CHARTER. For responsible transport and maritime services ARMATEURS DE FRANCE S BLUE CHARTER For responsible transport and maritime services PREAMBLE As actors of globalization, French shipowners are committed to providing competitive transport and maritime services

More information

RIGHTSHIP COMPLIANCE BENEFITS INCENTIVIZING SUSTAINABLE SHIPPING

RIGHTSHIP COMPLIANCE BENEFITS INCENTIVIZING SUSTAINABLE SHIPPING Page 1 RIGHTSHIP COMPLIANCE BENEFITS INCENTIVIZING SUSTAINABLE SHIPPING Anuj Chopra 18 February 2015 Compliance Benefits Page 2 TODAY S DISCUSSION RightShip Carbon & Sulphur footprint Market forces vs

More information

Skibsteknisk selskab 2013

Skibsteknisk selskab 2013 Skibsteknisk selskab 2013 Theme of today! International Ship management Challenges Opportunities Expansion Requirements to the preferred Ship Manager 2 THOME Introduction Stig Holm (51) Marine engineer

More information

Turn to slide 2, please. The agenda for today will be as follows:

Turn to slide 2, please. The agenda for today will be as follows: NORDEN Interim Report Q1 2012, transcript of tele conference, 15 May 2012. Welcome to the presentation of NORDEN s interim report for the first quarter of 2012. My name is Carsten Mortensen and I am the

More information

of Presentation Performance Management

of Presentation Performance Management 2016 American Bureau of Shipping. All rights reserved. Title Vessel of Presentation Performance Management Soren Hansen Assistant Director, Vessel Performance Genoa 18 April 2016 ABS SEMINAR Presentation

More information

Solving the Problem of Overweight Containers

Solving the Problem of Overweight Containers Solving the Problem of Overweight Containers December 1, 2010 Today, the World Shipping Council and the International Chamber of Shipping urged the International Maritime Organization (IMO) to establish

More information

Fleet Performance Management and Benchmarking Against Peers

Fleet Performance Management and Benchmarking Against Peers MARITIME Fleet Performance Management and Benchmarking Against Peers using Big Data Theme: Smarter, Greener Technologies, Safer Systems Kaushik Seal, Business Development Leader, Maritime Advisory 24 April

More information

SERVICE AND COMPETENCE YOU CAN RELY ON P&I AND FD&D AND TRADERS CHARTERERS

SERVICE AND COMPETENCE YOU CAN RELY ON P&I AND FD&D AND TRADERS CHARTERERS SERVICE AND COMPETENCE YOU CAN RELY ON CHARTERERS AND TRADERS P&I AND FD&D CHARTERERS AND TRADERS P&I COVER A charterer is exposed to many of the same risks as a shipowner. As a trader, you may also be

More information

Maersk Line s ECUBEX service CONNECTING CONTINENTS

Maersk Line s ECUBEX service CONNECTING CONTINENTS Maersk Line s ECUBEX service CONNECTING CONTINENTS Quick Facts... 1 Maersk Line... 3 Funny Facts... 4 ZAO Maersk... 4 Maersk del Ecuador C.A... 6 Facts about the ECUBEX service... 6 Facts about the ice-classed

More information

Exhaust Emissions from Ship Engines in Australian Waters Including Ports

Exhaust Emissions from Ship Engines in Australian Waters Including Ports Exhaust Emissions from Ship Engines in Australian Waters Including Ports Laurie Goldsworthy Honorary Research Fellow National Centre for Maritime Engineering and Hydrodynamics Australian Maritime College

More information

MARKET SECTOR IT MANAGEMENT SOFTWARE. Curing pa

MARKET SECTOR IT MANAGEMENT SOFTWARE. Curing pa MARKET SECTOR IT MANAGEMENT SOFTWARE Curing pa 26 SHIP MANAGEMENT INTERNATIONAL ISSUE 38 JULY/AUGUST 2012 IT MANAGEMENT SOFTWARE MARKET SECTOR the erwork pain As ship owners endure the realities of an

More information

Promoting maritime treaty ratification

Promoting maritime treaty ratification Promoting maritime treaty ratification the ICS/ISF and CMI campaign INTERNATIONAL CHAMBER OF SHIPPING INTERNATIONAL SHIPPING FEDERATION COMITé MARITIME International ICS is the principal international

More information

A1: Most of that will come from the LNG carrier and offshore businesses. Dry bulkers and tankers will also contribute to our stable profits.

A1: Most of that will come from the LNG carrier and offshore businesses. Dry bulkers and tankers will also contribute to our stable profits. [Overviews] Q1: The plan says you will accumulate an additional 25 billion in stable profits, from the current 50 billion to 75 billion in FY2019. Can you break that down by segment? A1: Most of that will

More information

Evolution of communication and IT integration

Evolution of communication and IT integration Evolution of communication and IT integration Drifting from email to CRM Pietro Amorusi CIO d Amico Group amorusi.p@damicoship.com d Amico Group d Amico Group d Amico Group is one of the world s leading

More information

Süheyl DEMİRTAŞ Secretary-General

Süheyl DEMİRTAŞ Secretary-General Süheyl DEMİRTAŞ Secretary-General 1 Founded on 07 July 1971 85 Members 2 MISSION STATEMENT Promoting and protecting the interests of members and improving the quality and standards of Turkish shipbuilding

More information

DECIPHERING BROADBAND AT SEA. Can Maritime Operations and Crew Entertainment Coexist on Your Satellite Network?

DECIPHERING BROADBAND AT SEA. Can Maritime Operations and Crew Entertainment Coexist on Your Satellite Network? DECIPHERING BROADBAND AT SEA Can Maritime Operations and Crew Entertainment Coexist on Your Satellite Network? Can Maritime Operations and Crew Entertainment Coexist on Your Satellite Network? A new approach

More information

MARITIME EDUCATION AND TRAINING,

MARITIME EDUCATION AND TRAINING, Tackling management issues in shipping: a new series of short course program for the Danish Maritime Cluster MARITIME EDUCATION AND TRAINING, NEWS BY ADMIN ON JANUARY 15, 2013 AT 10:17 AM Irene Rosberg

More information

Phone +44 1519332151 E-mail harbourtowage.liverpool@smit.com. Phone +31 10 4549911 E-mail harbourtowage.sales.rtm@smit.com

Phone +44 1519332151 E-mail harbourtowage.liverpool@smit.com. Phone +31 10 4549911 E-mail harbourtowage.sales.rtm@smit.com A d d r e s s e s THE NETHERLANDS / Rotterdam Phone +31 10 4549911 E-mail harbourtowage.sales.rtm@smit.com UNITED KINGDOM / Liverpool Phone +44 1519332151 E-mail harbourtowage.liverpool@smit.com ARGENTINA

More information

GREEN SHORTSEA SHIPPING The shipowners perspective Juan Riva President European Community Shipowners Associations ECSA Flota Suardíaz

GREEN SHORTSEA SHIPPING The shipowners perspective Juan Riva President European Community Shipowners Associations ECSA Flota Suardíaz GREEN SHORTSEA SHIPPING The shipowners perspective Juan Riva President European Community Shipowners Associations ECSA Flota Suardíaz European Community Shipowners Associations ECSA Established in 1965,

More information

Cruise Ship Solutions by Wärtsilä

Cruise Ship Solutions by Wärtsilä CRUISE Cruise Ship Solutions by Wärtsilä CLEANER SAFER BETTER FOR YOU Connecting the dots to serve you better Understanding the needs of cruise operators is central to Wärtsilä s approach in providing

More information

Marine & Shipping Sources of Pollution Port Operations

Marine & Shipping Sources of Pollution Port Operations Marine & Shipping Sources of Pollution Port Operations Liquids Solids Mixed Waste Air Pollution Ballast Water Bilge Water Bunker Fuel Tank Washing Oil spills Compartments at the bottom of a ship that are

More information

STATUTORY INSTRUMENT. No. of 2007. Merchant Shipping (Safe Ship Management Systems) Regulation 2007. ARRANGEMENT OF SECTIONS.

STATUTORY INSTRUMENT. No. of 2007. Merchant Shipping (Safe Ship Management Systems) Regulation 2007. ARRANGEMENT OF SECTIONS. STATUTORY INSTRUMENT. No. of 2007. Merchant Shipping (Safe Ship Management Systems) Regulation 2007. ARRANGEMENT OF SECTIONS. PART I. INTRODUCTION. 1. Interpretation accident Act approved safe ship management

More information

FREIGHT IS A COMMODITY MARKET

FREIGHT IS A COMMODITY MARKET WHY TIME CHARTER EQUIVALENT (TCE) IS NOT EQUIVALENT TO TIME CHARTER HIRE Or FREIGHT IS A COMMODITY MARKET Time Charter Equivalent (TCE) Earnings The expenses of a shipping company fall into two categories.

More information

MARITIME TRANSPORT MANAGEMENT FOR THE PURPOSE OF EFFICIENCY AND SAFETY OF SHIPPING SERVICES

MARITIME TRANSPORT MANAGEMENT FOR THE PURPOSE OF EFFICIENCY AND SAFETY OF SHIPPING SERVICES MARITIME TRANSPORT MANAGEMENT FOR THE PURPOSE OF EFFICIENCY AND SAFETY OF SHIPPING Suzana Šamija, Ph.D. student University of Rijeka Faculty of Maritime Studies Studentska ulica 2, HR - 51000 Rijeka, Croatia

More information

An Ocean of Expertise

An Ocean of Expertise An Ocean of Expertise Maritime Solutions Powered by People A leading maritime solutions provider and the leader in quality shipmanagement Bernhard Schulte Shipmanagement (BSM) is an integrated maritime

More information

INDUSTRIAL MINERAL TRANSPORTATION and MARKETING

INDUSTRIAL MINERAL TRANSPORTATION and MARKETING INDUSTRIAL MINERAL TRANSPORTATION and MARKETING TRANSPORTATION CONCEPTS Overall transport is 21% of US economy Often >50% of delivered IM cost Bulk versus value Place value Value added Quality retention

More information

A method for assessing the risk of sea transportation: Numerical examples for the Oslofjord

A method for assessing the risk of sea transportation: Numerical examples for the Oslofjord A method for assessing the risk of sea transportation: Numerical examples for the Oslofjord Håvard J. Thevik*, Eirik Sørgård, and Tim Fowler * Veritasveien 1, N-1322 Høvik, Norway. Havard.Thevik@dnv.com

More information

CoMEM Courses 3. semester. City University London, UK. Contents

CoMEM Courses 3. semester. City University London, UK. Contents 1 CoMEM Courses 3. semester City University London, UK Contents Maritime Operations (EPM782)... 2 Maritime Technology (EPM783)... 3 Maritime Law (EPM784)... 5 Maritime Economics and Accounting (EPM785)...

More information

Introduction to Wind Vietnam. Ship chartering expert in Asia

Introduction to Wind Vietnam. Ship chartering expert in Asia Introduction to Wind Vietnam Ship chartering expert in Asia 1 Wind Vietnam establishment Legal Status: Representative Office Part of WIND B.V s group of companies Founded in : 2013 Staff: 03 Employees

More information

Performance Management System

Performance Management System Performance Management System Sverre Patursson Vange, Head of Performance Management 2 nd Ecotankers Conference, 22 nd January 2015 www.j-l.com Oceans of know-how Lauritzen Kosan Ship-owner Own vessels,

More information

List of courses approved under Maritime Cluster Fund 30% Course Fee Subsidy for non-examinable courses

List of courses approved under Maritime Cluster Fund 30% Course Fee Subsidy for non-examinable courses List of courses approved under Maritime Cluster Fund 30% Course Fee Subsidy for non-examinable courses August Energy Pte Ltd Feb Bunker Course : Challenges & Opportunities 24 25 Feb S$1,300.00 Course Cancelled

More information

Smart vessel reporting for decreased administrative burden on crew and easier fleet performance monitoring ashore

Smart vessel reporting for decreased administrative burden on crew and easier fleet performance monitoring ashore DigitalShip Cyprus 2 0 1 4 INNOVATIVE MARITIME SOFTWARE Smart vessel reporting for decreased administrative burden on crew and easier fleet performance monitoring ashore Kevin M. Brunn, Head of Clients

More information

Ship Fleet Management System Market Outlook FMS Adoption in Ships Likely to Accelerate by 2018 with New-generation Ships Creating Opportunities

Ship Fleet Management System Market Outlook FMS Adoption in Ships Likely to Accelerate by 2018 with New-generation Ships Creating Opportunities Ship Fleet Management System Market Outlook FMS Adoption in Ships Likely to Accelerate by 2018 with New-generation Ships Creating Opportunities October 2014 Contents Section Slide Number Executive Summary

More information

Brochure www.spimarine-global.com. China General Agency Services A LEADER IN BULK LIQUID SHIPPING & LOGISTICS SOLUTIONS

Brochure www.spimarine-global.com. China General Agency Services A LEADER IN BULK LIQUID SHIPPING & LOGISTICS SOLUTIONS Brochure www.spimarine-global.com China General Agency Services A LEADER IN BULK LIQUID SHIPPING & LOGISTICS SOLUTIONS SPI Marine is an independent service provider, offering an impartial perspective.

More information

assured Marine Insurance Underwritten by Bao Viet Insurance Corporation

assured Marine Insurance Underwritten by Bao Viet Insurance Corporation assured Marine Insurance Underwritten by Bao Viet Insurance Corporation MARINE INSURANCE Marine Cargo and Goods in Transit Insurance Liability Hull Claims www.hsbc.com.vn 02 Why BaoViet s Marine Insurance?

More information

Energy efficient operation what matters

Energy efficient operation what matters MARITIME Energy efficient operation what matters Energy Management Study 2015 Nor-Shipping 2015 Oslo June 4 th, 2015 1 DNV GL 2015 June 4th, 2015 SAFER, SMARTER, GREENER The 2015 Energy Management study

More information

Contents. Part 2 General regulations for ships... 165 Part 2.1 Obligation to notify and report marine accidents and other incidents at sea...

Contents. Part 2 General regulations for ships... 165 Part 2.1 Obligation to notify and report marine accidents and other incidents at sea... Contents Part 1 Acts........................................................ 21 Excerpts from the General Civil Penal Code of 22 May 1902 No. 10............. 24 The Public Administration Act...........................................

More information

Module 3: From Management to Operation. IMO Train the Trainer Course. Energy Efficient Ship Operation

Module 3: From Management to Operation. IMO Train the Trainer Course. Energy Efficient Ship Operation Module 3: From Management to Operation IMO Train the Trainer Course Name of the Presenter Affiliation of the presenter, City, Country Energy Efficient Ship Operation Venue, City, Country Day xx to Day

More information

DIBD India The Indian Marine Industry - Shipping

DIBD India The Indian Marine Industry - Shipping 25. 9. 12 The Indian Marine Industry - Shipping Introduction to the Indian Shipping Industry Current market situation and future projections Main segments Key players in the industry Scandinavian cases

More information

Exhaust Emissions from Ship Engines in Australian Waters Including Ports - Focus on NSW Ports

Exhaust Emissions from Ship Engines in Australian Waters Including Ports - Focus on NSW Ports Exhaust Emissions from Ship Engines in Australian Waters Including Ports - Focus on NSW Ports Laurie Goldsworthy* and Brett Goldsworthy** *Honorary Research Fellow National Centre for Maritime Engineering

More information

Hydrostatically Balanced Loading

Hydrostatically Balanced Loading OIL COMPANIES INTERNATIONAL MARINE FORUM Hydrostatically Balanced Loading (December 1998) The OCIMF mission is to be recognised internationally as the foremost authority on the safe and environmentally

More information

Assessment of Maritime Insurance on the NSR

Assessment of Maritime Insurance on the NSR Assessment of Maritime Insurance on the NSR Background Hull & Machinery (H&M) insurance protects the shipowner for losses from damage to the ship and its equipment; Protection & Indemnity (P&I) insurance

More information

Transportation and Sustainability

Transportation and Sustainability AAFA International Sourcing Customs and Logistics Integration May 6, 2010 Lee Kindberg Director, Environment Transportation and Sustainability Today, a single ship can deliver thousands of tons of cargo

More information

Isle of Man Regulations implementing the STCW Manila Amendments

Isle of Man Regulations implementing the STCW Manila Amendments MANX SHIPPING NOTICE DEPARTMENT OF ECONOMIC DEVELOPMENT MSN 050 Issued August 2014 Isle of Man Regulations implementing the STCW Manila Amendments This MSN provides information on the certification and

More information

SIMPLIFYING LOGISTICS: THE BENEFITS OF RAIL IN A MULTIMODAL SHIPPING SYSTEM

SIMPLIFYING LOGISTICS: THE BENEFITS OF RAIL IN A MULTIMODAL SHIPPING SYSTEM SIMPLIFYING LOGISTICS: THE BENEFITS OF RAIL IN A MULTIMODAL SHIPPING SYSTEM A well-designed shipping plan has bottom-line implications for any business. Creating a sound logistics strategy supported by

More information

Ship management operations simplified and redefined using a web based integrated fleet management system. Mark Moerman, Managing Director, SDSD

Ship management operations simplified and redefined using a web based integrated fleet management system. Mark Moerman, Managing Director, SDSD Ship management operations simplified and redefined using a web based integrated fleet management system Mark Moerman, Managing Director, SDSD 1 Why simplify and re-define? Common challenges Remote Access

More information

THE LIVORNO PLATFORM

THE LIVORNO PLATFORM THE LIVORNO PLATFORM Operational capabilities of the Livorno transport and logistics platform the infrastructures and services, intangible assets, the main development projects The Port of Livorno Livorno

More information

Best practice shipmanagement study 2013

Best practice shipmanagement study 2013 Best practice shipmanagement study 2013 Overview and study results, Hong Kong 07 August 2013 Kevin M. Brunn Director Clients & Markets Ivan Tam Manager Clients & Projects www.gl-group.com www.gl-maritime-software.com

More information

Pollution prevention for ships. Required documents

Pollution prevention for ships. Required documents Pollution prevention for ships Required documents September 2016 Creative Commons information State of Queensland (Department of Transport and Main Roads) 2016 http://creativecommons.org.licences/by/4.0/

More information

Integrated management systems Ship operating companies

Integrated management systems Ship operating companies Integrated management systems Ship operating companies Safety, Quality, Environment and Occupational Health and Safety DNV Maritime Preamble Organisations of all kinds are increasingly concerned about

More information

International Maritime Organisation

International Maritime Organisation International Maritime Organisation The impact of transport costs on trade Robin Smale Simon Baptist March 2011 robin.smale@vivideconomics.com +44 844 8000 254, +44 7823 329054 The effects of shipping

More information

SHIP-TO-SHIP TRANSFER and an introduction to new CHAPTER 8 to MARPOL and ANNEX 1. Presented by Captain Bob Gilchrist SafeSTS

SHIP-TO-SHIP TRANSFER and an introduction to new CHAPTER 8 to MARPOL and ANNEX 1. Presented by Captain Bob Gilchrist SafeSTS SHIP-TO-SHIP TRANSFER and an introduction to new CHAPTER 8 to MARPOL and ANNEX 1 Presented by Captain Bob Gilchrist SafeSTS Contractual responsibility Cost management Providing equipment Sourcing and providing

More information

Chartering Terms & Abbreviations

Chartering Terms & Abbreviations Chartering Terms & Abbreviations Aaosa Always afloat or safe aground. The condition for a vessel whilst in port. Addendum Additional terms at the end of a charter party. Arbitration Method of settling

More information

Towards Unmanned Ships

Towards Unmanned Ships Towards Unmanned Ships Oskar Levander, VP Innovation, Rolls-Royce Marine Ship Efficiency the Event 2015 London, 8.9.2015 2015 Rolls-Royce plc The information in this document is the property of Rolls-Royce

More information

PART IV: SECTOR SPECIFIC RULES

PART IV: SECTOR SPECIFIC RULES Page 1 PART IV: SECTOR SPECIFIC RULES GUIDANCE ON STATE AID TO SHIP MANAGEMENT COMPANIES 1. Scope This Chapter deals with the eligibility of crew and technical managers of ships for the reduction of corporate

More information

INFORMATION BULLETIN No. 145

INFORMATION BULLETIN No. 145 Bulletin No. 145 Revision No. 00 Issue Date 28 August 2012 INFORMATION BULLETIN No. 145 Management of Occupational Safety and Health Guidance and Instructions for Bahamas Recognised Organisations, Bahamas

More information

Drivers of Change in the U.S. Maritime Industry

Drivers of Change in the U.S. Maritime Industry Drivers of Change in the U.S. Maritime Industry Wayne K. Talley Executive Director, Maritime Institute College of Business and Public Administration Old Dominion University Norfolk, Virginia, U.S.A. Driver:

More information

- 1 - UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE. Note by the International Maritime Organization

- 1 - UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE. Note by the International Maritime Organization - 1 - UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE Note by the International Maritime Organization Ad-Hoc Working Group on Long-term Cooperative Action under the Convention Fourteenth session,

More information