Shipmanagement

OCIMF and INTERTANKO release new guidance on competency and learning from incidents

30 November 2018 – (London) OCIMF and INTERTANKO have today released two new information papers that will help improve safety in the energy shipping industry.

The result of a joint initiative between the two organisations, the papers look at two key areas:  competency and learning from incidents.

Behavioural Competency Assessment and Verification for Vessel Operators presents a system for assessing competency in seafarers.

“The behavioural competency assessment and verification system represents...

http://www.allaboutshipping.co.uk/2018/11/30/ocimf-and-intertanko-release-new-guidance-on-competency-and-learning-from-incidents/

Wärtsilä: Reduce Opex and Become Greener

The oil & gas industry was plunged into turmoil when the oil price crashed in 2014. To get back on track, the industry has been forced to transform. It has been forced to figure out new ways of working and apply new solutions to remain profitable while oil price fluctuates. The question that oil companies and drilling contractors are asking is this: can the environmental footprint be reduced while at same time lowering OPEX? Fortunately, the answer is yes.

Carrying out sustainable OPEX...

http://www.allaboutshipping.co.uk/2018/11/30/wartsila-reduce-opex-and-become-greener/

Diana reports financial results for Q3 and Nine Months rnded September 30, 2018

Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2018

ATHENS, GREECE, November 26, 2018 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today reported net income of $14.8 million and net income attributed to common stockholders of $13.3 million for the third quarter of 2018, compared to a net loss of $24.5 million and a net loss attributed to common stockholders...

http://www.allaboutshipping.co.uk/2018/11/26/diana-reports-financial-results-for-q3-and-nine-months-rnded-september-30-2018/

Høglund teams up with Yxney maritime to drive fuel efficiency

At the signing: Aleksander Beckmann, Aftermarket Sales and Services Manager at Høglund, and Sindre Stemshaug Bornstein, CCO at Yxney Maritime

Høglund teams up with Yxney Maritime to drive fuel efficiency with real-time, user-friendly data solution

NOVEMBER 21, 2018: Høglund, the leading global marine automation and system integration expert, today announced that it has signed an agreement with Yxney Maritime to launch an integrated vessel performance monitoring solution.

The plug-and-play system...

http://www.allaboutshipping.co.uk/2018/11/21/hoglund-teams-up-with-yxney-maritime-to-drive-fuel-efficiency/

Improved Crew Evaluation System

Personnel recruitment in the maritime sector has to comply with international and national requirements regarding the competence levels expected for rank. Shortage of qualified seafarers, especially officers, have been identified as a global issue that is likely to worsen in the future. For Crew Managers this may impose a challenge on hiring the right people for the job.

To help to overcome the challenges of recruitment process Seagull Maritime offers Crew Evaluation System (CES), which is...

http://www.allaboutshipping.co.uk/2018/11/20/improved-crew-evaluation-system/

SCF back in the black in Q3

Sergey Frank President & CEO of Sovcomflot

Sovcomflot: Q3/9 months 2018 Results

(Third quarter/nine months to 30 September 2018 – unaudited, prepared under IFRS)

Sovcomflot (SCF Group), a world leader in energy shipping and offshore services to the oil and gas industries specializing in harsh environment work, today reported its results for the third quarter (Q3) and nine months (9M) ending 30 September 2018.

Tanker market background

During the reporting period, the tanker freight markets remained...

http://www.allaboutshipping.co.uk/2018/11/16/scf-back-in-the-black-in-q3/

V.Group to launch Seafarer app, showcase new Manila training facilities at Crew Connect

Photo by Will Reddaway

Project to transform crew management and seafarer experience reaches first major milestone with enhanced training and digital experience for seafarers

London, November 07 2018: This week V.Group, the world’s leading provider of marine support services, has announced that it will unveil a new app for seafarers as well as an upgraded training centre in Manila as progress accelerates on Project Embark, a programme designed to transform the way the leading supplier of...

http://www.allaboutshipping.co.uk/2018/11/07/v-group-to-launch-seafarer-app-showcase-new-manila-training-facilities-at-crew-connect/

ShipMoney announces new appointments to its operations in Europe

Stuart Ostrow of SeaMoney

Specialised global maritime payments provider ShipMoney is delighted to announce a series of high level appointments to its European operations team.

Roula Zachariou joins the ShipMoney team as Vice President of Business Development and Client Management. She brings with her over 20 years of local knowledge and relationships in the Greek and Cypriot maritime markets which will immediately boost ShipMoney’s ability to support clients locally as well as continue to develop...

http://www.allaboutshipping.co.uk/2018/10/24/shipmoney-announces-new-appointments-to-its-operations-in-europe/

Disclosure and presentation under IFRS 16: can you access the information you need?

Michael Simms

When the new standard on leasing, IFRS 16 Leases, comes into effect for periods beginning on or after 1 January 2019, shipping companies preparing financial statements will need to consider the presentation requirements and plan for the additional disclosures.

You can read the second in...

http://www.allaboutshipping.co.uk/2018/10/17/disclosure-and-presentation-under-ifrs-16-can-you-access-the-information-you-need/

Ship Managers plan to work together to meet Shipping Challenges

InterManager President Björn Jebsen speaking at the InterManager AGM.

Meeting the challenges of tomorrow’s maritime trade is at the forefront of ship managers’ focus as they develop strategies to meet environmental targets and embrace fast-paced technological advances in our industry.

Ship managers gathered in London this week for the Annual General Meeting of their industry trade body – InterManager – where they discussed plans to work together to identify solutions to the challenges facing...

http://www.allaboutshipping.co.uk/2018/10/16/ship-managers-plan-to-work-together-to-meet-shipping-challenges/

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