West of England P&I Club’s overall financial position and capital strength remain robust

Tom Bowsher, West of England CEO

West of England P&I Club’s overall financial position and capital strength remain robust

West of England P&I Club today announced its results for the year ending 20 February 2019. The Club’s capital has strengthened and remains considerably in excess of the ‘AAA’ capital strength requirement under Standard and Poor’s model. This has been re-affirmed in its financial strength rating of A-, reflecting its view that the Club will sustain its ‘extremely strong’...

http://www.allaboutshipping.co.uk/2019/05/29/west-of-england-pi-clubs-overall-financial-position-and-capital-strength-remain-robust/

Mark Prendergast to retire from Harris PYE engineering group in May 2020

Mark Prendergast

Mark Prendergast to retire from Harris PYE engineering group in May 2020

Mark Prendergast, Chief Executive Officer of Harris Pye Engineering Group, a Joulon company has announced that he is to retire on 30 May 2020.

The Harris Pye Engineering Group, global specialists in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas, and associated onshore industrial sectors as well as having a renewables, biomass and green technology portfolio, was...

http://www.allaboutshipping.co.uk/2019/05/23/mark-prendergast-to-retire-from-harris-pye-engineering-group-in-may-2020/

I-Tech expands team with Technical Director appointment

Dr. Markus Hoffmann

I-Tech expands team with Technical Director appointment

I-Tech AB, the bio-technology company responsible for the unique marine anti-fouling active agent Selektope®, has appointed Dr. Markus Hoffmann to the role of Technical Director.

In the newly-created senior position, Dr. Hoffmann will play a pivotal role in I-Tech’s commercial and development processes with the aim of accelerating and expanding current business within the global marine coatings industry. He will also be a...

http://www.allaboutshipping.co.uk/2019/05/22/i-tech-expands-team-with-technical-director-appointment/

Container throughput of CTSP in Q1 2019 grew by 20%

The Saint Petersburg container terminal

Container throughput of CTSP in Q1 2019 grew by 20% 

In the first quarter of 2019, Container Terminal Saint-Petersburg ZAO (CTSP, a company of UCL Holding) handled 202,300 TEUs, 20% more as compared with the result achieved in the first three months of the previous year.

In the reporting period, exports totaled 99,900 TEUs, +17.3% versus 1Q’2018. Imports totaled 102,400 TEUs (+22.8%, year-on-year) including 26,100 TEUs of refrigerated cargo.
In March 2019,...

http://www.allaboutshipping.co.uk/2019/05/17/container-throughput-of-ctsp-in-q-20119-grew-by-20/

Denis Petropoulos appointed new Baltic Exchange Chairman

Dennis Petropoulos

Denis Petropoulos appointed new Baltic Exchange Chairman

Denis Petropoulos has been elected Chairman of the Baltic Exchange Council with effect from 1 June 2019. He replaces Duncan Dunn who has held the position since January 2018. Denis Petropoulos was a founding partner of Braemar Tankers Ltd and remains a asignificant sharehold

er at Braemar Shipping Services PLC. He most recently headed up Braemar’s Singapore office for seven years, before returning to the UK.

He has been a...

http://www.allaboutshipping.co.uk/2019/05/17/denis-petropoulos-appointed-new-baltic-exchange-chairman/

Throughput of Tangarog Sea Commercial Port JSC in Q1 2019 totaled 323,000 tonnes

A vessel’s loading / discharging operations at the Port of Tangrog

Throughput of Tangarog Sea Commercial Port JSC in Q1 2019 totaled 323,000 tonnes

In the first quarter of 2019, Taganrog Sea Commercial Port JSC (TagSCP, a company of UCL Port) handled 323,000 tonnes of cargo, down 3%, year-on-year. The decrease should be attributed to business decline in foreign trade markets dealing with the port’s key types of cargo, coal and grain.

In the reporting period, transshipment of general cargo grew by...

http://www.allaboutshipping.co.uk/2019/05/17/throughput-of-tangarog-sea-commercial-port-jsc-in-q1-2019-totaled-323000-tonnes/

Throughput of Tuapse Sea Commercial Port totaled 4.2 mio tonnes in Q1 2019

A view from the Port of Tuapse

Throughput of Tuapse Sea Commercial Port totaled 4.2 mio tonnes in Q1 2019

In the first quarter of 2019, Tuapse Sea Commercial Port (TSCP Group, part of UCL Holding) handled 4.2 million tonnes, up 8%, year-on-year.

The increase of total cargo throughput of 0.3 million tonnes was driven by positive dynamics in transshipment of oil cargo to 2.1 million tonnes (+0.4 million tonnes, or +24.2%) and coal to 0.77 million tonnes (+0.1 million tonnes, or 11.3%).

In the first...

http://www.allaboutshipping.co.uk/2019/05/17/throughput-of-tuapse-sea-commercial-port-totaled-4-2-mio-tonnes-in-q1-2019/

Arias B. & Associates is pleased to announce that Margareth J. Mosquera T. has joined the firm as Senior Associate

Margareth Mosquera

Arias B. & Associates is pleased to announce that Margareth J. Mosquera T. has joined the firm as Senior Associate

We are pleased to announce to our esteemed clients and friends the addition of Ms. Margareth Mosquera as the new Head of our Maritime Litigation Department.

Our aim is always to assist our clients not only with ship registration, ship financing, and corporation services but also to ensure that during moments of distress, when you need an expert to handle your claim...

http://www.allaboutshipping.co.uk/2019/05/06/arias-b-associates-is-pleased-to-announce-that-margareth-j-mosquera-t-has-joined-the-firm-as-senior-associate/

OMFIF extends operations in US and Asia Pacific

Patricia Haas Cleveland

OMFIF extends operations in US and Asia Pacific

Patricia Haas Cleveland, a New York banker with wide public and private sector experience, has become president of OMFIF’s operations for North America as part of the organisation’s expansion in the US and Canada.

She will work closely with Mark Sobel, Washington-based US chairman, a US Treasury veteran who joined OMFIF in August 2018, to spur OMFIF’s engagement with financial firms and public institutions, especially linking...

http://www.allaboutshipping.co.uk/2019/05/06/omfif-extends-operations-in-us-and-asia-pacific/

Survitec prepares for market growth with offshore restructure and new offerings

Survitec prepares for market growth with offshore restructure and new offerings

Survitec has restructured its offshore division to better serve customers with assets operating in the oil, gas and wind (renewable) energy sectors.

The reorganization of the business unit coincides with renewed activity in the offshore industry following the market downturn, together with Survitec’s overall strategy to hone its focus within key sectors.

“The offshore market is emerging from its recent low-point, while...

http://www.allaboutshipping.co.uk/2019/05/06/survitec-prepares-for-market-growth-with-offshore-restructure-and-new-offerings/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon