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BBC Chartering: ‘Shipping remains a low return, high risk business’

BBC Chartering: ‘Shipping remains a low return, high risk business’

Leer: Consolidation in the heavylift sector is ongoing, according to the head of the one of the world’s top fleet managers in the sector, who says is the segment is recuperating, but “only slowly”. Svend Andersen, ceo of BBC Chartering, says the sector is in transition and faces three major challenges: oversupply of tonnage, reforms in the banking industry and a need to innovate shipping capacity.

Rescue & Survival Group: Just add water

Rescue & Survival Group: Just add waterSydney: The International Convention for the Safety of Lives at Sea (SOLAS), states commercial vessels must carry life rafts. In the majority of mass marine disasters globally, life rafts have been on board the vessels, but people ...

UniMarine: Clarity on lube challenges

UniMarine: Clarity on lube challengesSingapore: Today sees the launch of another magazine from the Asia Shipping Media stable, the third in three days. Maritime CEO teamed up with Singapore firm UniMarine to debut a special marine lubricants title in time for the giant...

Richard Hext: University appointment

Richard Hext: University appointmentHong Kong: One of the best known names in Hong Kong shipping circles is taking on a very different role, but stresses to Maritime CEO that he is not quitting maritime by any means. Richard Hext, the non-executive chairman of Univan ...

TMT: Nobu Su admits, ‘I would have played it differently’

TMT: Nobu Su admits, ‘I would have played it differently’ Singapore: The latest issue of Maritime CEO magazine, the global flagship of Asia Shipping Media, goes live online today. On the cover is the elusive, mercurial Nobu Su, who runs Taiwan’s Today Makes Tomorrow (TMT), a man whose fo...

UASC: Size matters

UASC: Size mattersDubai: For at least five years now, the container sector has been in indifferent health. Several efforts have been made by the big players to improve profitability – forging alliances, resorting to slow steaming, announcing unmain...

Oldendorff: Reading the waves

Oldendorff: Reading the wavesLübeck: Oldendorff Carriers is one of the grandest names in German shipping, operating at any given time more than 500 ships, including its transloader units. Typically it transports around 300m tons of raw materials and semi-finis...

Shipowners' Club: Insurance trends

Shipowners' Club: Insurance trendsLondon: The outlook for the P&I Industry and for those buying P&I insurance is encouraging, says Simon Swallow, a director at the Shipowners' Club. “There is evidence that the number of claims are reducing yet the cost of clai...

Kambara Kisen: Doing its own thing

Kambara Kisen: Doing its own thingFukuyama: Hirotatsu Kambara is a busy man. As well as being an executive director for Tsuneishi Shipbuilding he is the president of Japanese shipping line, Kambara Kisen. The line is made up of 35 ships ranging from handymaxes to ka...

Holger Clasen: Making a spark in Hamburg

Holger Clasen: Making a spark in HamburgHamburg: Hoping to make a splash in its home town at this year’s mega shipping show, SMM, is Holger Clasen, an industrial tool manufacturer. Lennart Clasen, the boss of the firm, says its new MAG-9000 tool could be a smash hit.

Kaptanoglu Holding: Is the current supply/demand imbalance the new normal?

Kaptanoglu Holding: Is the current supply/demand imbalance the new normal?Istanbul: Is the current supply/demand imbalance across many shipping sectors the new normal? That’s the question posed by Sadan Kaptanoglu, Turkey’s most famous woman in shipping, in today’s Maritime CEO interview. A board me...

Concordia Maritime: Products sector ‘fragile’

Gothenburg: The product tanker market is becoming ever more “fragile”, says one of the sector’s leading players. Kim Ullman, ceo of the Swedish firm that is controlled by the Stena Group, says that for pure products the picture is “still posi...

Varun: Ditching offshore in favour of gas

Mumbai: Varun Shipping’s vice-chairman and managing director Yudhishthir Khatau, whose company has just come back, virtually from the dead, is in surprisingly upbeat form when Maritme CEO comes calling. Right through the course of 2014, Varun has ...

Hengli Shipping: Textile manufacturer turned shipowner

Dalian: Few people know the Chinese textile market better than Chen Jianhua, the president of Hengli Group, a leading fabric company in the People’s Republic. Chen bought a bankrupt textile factory in Jiangsu and started Hengli Group in 1994. Some...

Gavin van Marle: Roving reporter’s irreverent take on global supply chains

London: Gavin van Marle’s Twitter description of himself is typically self-deprecating. “Editor at The Loadstar; logistics journo; substandard village cricketer,” it reads. While we cannot vouch for his cricketing capabilities, what is clearly ...

Tasik Subsea: Return of the founder of Hallin Marine

Singapore: John Giddens, who built Hallin Marine into a global subsea services player after starting it from a container in his back garden, has re-entered the industry with the announcement of the build of a 105 m subsea operations, diving and ROV s...

KPI Bridge Oil: Sulphur scenarios

London: This week KPI Bridge Oil, a global broker and trader in marine bunkers and lubricants, appointed Carsten Ladekjær as its new ceo. Ladekjær is an industry veteran with 20 years in the bunker business. He joins the KPI Bridge Oil Group fro...

Bunkering: What the future holds

Singapore: Debuting in a couple of months our sister title SeaShip News will launch an insightful new bunkering magazine, which you, the reader, can help shape the contents by voting in our brand new poll. The world’s largest bunkering event, SI...

Harren & Partner: The strengths of a diversified fleet

Bremen: It’s 25 years since captain and business graduate Peter Harren (pictured, right) purchased his first ship – the multipurpose carrier ORION III. Since then Harren & Partner has grown and diversified dramatically. The German owner now boast...

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2014 Issue 3
Lubricants

In Focus

Try being accommodating

Seafarers deserve a decent living environment, and shipowners will reap the benefit with a happy crew, argues regular columnist Bei Hong

Try being accommodating

Different parts of the world have differing approaches to taking vacations, but the general rule seems to be that the summer months are a bit slower from a business point of view as many people head off on a well deserved break from the daily grind. This is particularly true in the West. In the US, the onset of the ‘driving season’ brings about optimism in tanker markets (usually unfounded) that gasoline demand will prompt a spike in rates. In Europe, a vast migration south takes place with roads such as the wonderfully named ‘Autoroute du Soleil’ in France choked with holiday traffic. Many travellers choose to break their journey at one of the budget hotels sited alongside major roads.  These establishments offer small, utilitarian accommodation with no more than the absolute basics - somewhere to sleep but certainly not somewhere you would want to spend any more time than is absolutely necessary.

The last time I stayed in such an establishment, I couldn’t help thinking that this cost effective lodging solution was not dissimilar to the cabins our seafarers live in. The difference, of course, is that whilst I was there merely to grab a few hours sleep before hitting the road again, for the seafarer it was home for anything up to nine months. Of all the advances made in shipping in recent years, be they improving efficiency, safety or environmental protection, one area where we seem to have gone backwards is the environment we expect our crews to live in.

I recently went onboard a 16-year-old containership, which had been built at a Korean yard for a European owner. What struck me more than anything was the quality of the accommodation - spacious, well thought out and with fixtures and fittings that showed that someone had really put some thought into designing a space for people to live and work in for extended periods. The Master told me that whilst he had originally had reservations about joining such ...   More>>