Posidonia
- Dry Cargo
New software estimates almost 40 capesizes are in lay-up
Software under development by MarineTraffic.com estimates that 37 capesize bulk carriers (6.6m dwt in total) are currently laid up around…
Read More » - Asia
TMT unveils hybrid propulsion system that reduces need for ballast water
Today Makes Tomorrow (TMT) has unveiled its chairman Nobu Su’s latest invention: a hybrid propulsion system that aims to mitigate…
Read More » - Americas
Panama Canal Authority: 17 days until world trade upgrades
Athens: It was 41 years ago that Jorge Quijano joined the Panama Canal Authority as an engineer. Back then the…
Read More » - Asia
Angelicoussis pens orders for DSME VLCCs and LNG carriers
Posidonia wouldn’t be Posidonia without a Greek putting pen to paper for a headline grabbing newbuild contract. John Angelicoussis, who…
Read More » - Americas
Book launched at Posidonia highlighting New York’s maritime prowess
New York Maritime Inc (NYMAR) took to the rooftop of Kyla Shipping’s office in Athens this evening for the launch…
Read More » - Asia
Minister invites Korean investment in Greece
Dimitrios Mardas, Greece’s deputy minister of foreign affairs, used today’s Korean-Hellenic Maritime Cooperation Forum to invite Korean investment in his…
Read More » - Dry Cargo
RightShip: Big Data tool set to launch
Warwick Norman sits, sipping coffee in the early morning sunshine beside the pool at the Astir Palace, the hotel that…
Read More » - Asia
Korea aims to be world’s third-largest shipping industry despite billion-dollar losses
South Korea’s shipping industry brought in revenues of $34.5bn during 2015, some $7.8bn behind the 2012 figure due to the…
Read More » - Environment
ICS trashes market-based measures to tackle CO2 emissions
Market-based measures to tackle CO2 emissions are “highly controversial” and the majority of the industry is still not really convinced…
Read More » - Europe
Frontline takes Metrostar VLCC resale quartet for $260m
Deals are being struck left, right and centre at this year’s Posidonia, and unsurprisingly one of the biggest names of…
Read More » - Bunkering
Gas-fuelled bulker promises to shake up ship designs
At Posidonia today a plan was put forward to develop a revolutionary LNG-fuelled bulk carrier. Arista Shipping has teamed up…
Read More » - Europe
Shipowners and brokers go knuckle to knuckle
The role of the shipbroker was hotly contested at today’s TradeWinds Shipowners Forum, most vociferously by Euronav’s CEO Paddy Rodgers,…
Read More » - Americas
Ridgebury looking at ‘older’ tonnage
Ridgebury Tankers is still looking at acquiring secondhand tonnage, CEO Robert Burke told the TradeWinds Shipowners Forum, held at Posidonia…
Read More » - Europe
Founder of Futurenautics blasts shipping as opaque and inefficient
K D Adamson, founder of Futurenautics, blasted the shipping industry today for its failure to harness technology. Adamson, speaking at…
Read More » - Europe
Technology shift bringing an end to shipping cycles
Prepare to say goodbye to everything you thought you knew about shipping – that was the conclusion from the morning…
Read More » - Europe
Lloyd’s Register: Class societies should not be listed
Athens: Classification societies should not become listed entities and be beholden to the whims of investors, the ceo of Lloyd’s…
Read More » - Europe
Tsipras opens Posidonia with a promise to revive Greece’s maritime industry
Greek prime minister Alexis Tsipras has opened this year’s Posidonia event in Athens by promising to develop his country’s ports,…
Read More » - Contributions
Merger cocktail headache
Mergers create many a headache. From job losses to disgruntled customers, shipping is well aware of the pains of corporate…
Read More » - Europe
Cyprus’s second largest bank entering ship finance
RCB, Cyprus’s second largest bank, is looking to get into ship finance, Splash can exclusively reveal. Executives from the 1995-established…
Read More » - Europe
Morits Skaugen: ‘Why there is a big discount on crude oil tanker stocks’
Oslo: Last Friday, Morits Skaugen, ceo of Norwegian tanker firm IM Skaugen, helped set the scene for likely talking points…
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