Seafarer Labor Market Tightest on Record -Drewry
Officer supply shortfall has reached a record high and is not expected to improve, leading to manning cost inflation, according to the latest Manning Annual Review and Forecast report published by global shipping consultancy Drewry.The 2023 officer availability gap has widened to a deficit equating to about 9% of the global pool, which represents a marked rise from last year’s 5% shortfall and the highest level since Drewry first started analysing the seafarer market 17 years ago. Similar deficit levels are forecast for 2023-2028 based on the limits of new seafarer supply becoming available in
Advisory Committee to Address Issues Impacting Filipino Seafarers
(ICS), the International Maritime Employers’ Council (IMEC), and the International Transport Workers’ Federation (ITF).“The Philippine government through its Department of Migrant Workers (DMW) welcomes the participation of well-respected industry associations and leaders from the global shipping industry in developing our roadmap to a just transition as well as boosting the global competitiveness of Filipino seafarers across the globe,” Migrant Workers Secretary Susan Ople said during the signing ceremony of DMW with its international partners.The Secretary assured the IACGMA&rsquo
Silverstream Names Derodra CFO
and a cumulative order intake of £125 million.Derodra said, “The journey to help reduce global emissions is urgent and quickly gathering pace, and we can see the impact of not doing enough all around us. Silverstream has a proven and cost-effective technology that is applicable across global shipping fleets. I believe this has really started to resonate within the shipping industry, evidenced by the rapid growth in Silverstream’s order intake. I am delighted to be joining the company at this exciting moment in its development, and I look forward to supporting its mission of tangibly
UKHO Appoints Marion Leslie as Non-Executive Chair
Ministry of Defense and key stakeholders, and supports and provides guidance to Peter Sparkes, UKHO’s Chief Executive.UKHO exists to support safe, secure and thriving oceans. The UKHO is a world-leading center for hydrography, specializing in marine geospatial data that supports defense and global shipping, while helping customers and partners to unlock a deeper understanding of the world’s oceans and coastal environments. The UKHO serves Defense and wider government, has a thriving navigation business and is developing future maritime products and services.Working closely with the UKHO
WinGD Expands Global Training Network
, Volkmar Galke, was in Singapore for the opening. “More than ever before, crew need to be equipped with the essential skills and confidence to be prepared for sailing on both new and existing vessels. The addition of our new training partnership in Singapore positions us in one of the biggest global shipping hubs in the world, offering our customers confidence and convenience as we equip their crew with the skills they need to operate the vessels of the future.”WinGD operates four training centers located in Winterthur, Switzerland; Busan, Korea; Shanghai, China; and Athens, Greece. Authorized
Juelich Named Head of Stena Line in Germany
mindset, Mikko Juelich will enable us to grow and develop our business further, together with our customers and partners, striving towards our vision of ‘Connecting Europe for a sustainable future’,” said Markus Lindbom, CCO Stena Line.“Stena Line is one of the great names in global shipping and I am honoured to get the chance to develop the key routes between Germany and Sweden further and also grow the company´s position in the central European market. From our commercial office in Hamburg, we will concentrate on stabilizing and growing the German business, with the main
Roberts Joins BAR Technologies as COO
sale of the business to Dorilton Capital in 2020.At BAR, Roberts will work closely with his senior colleagues to leverage his experience in the management of large capital engineering programs to take BAR’s pioneering WindWings wing sail technology through its manufacturing partnerships to the global shipping market. He will also support across BAR’s new technology offerings in its other sectors – commercial workboat operations, leisure marine and special projects.Speaking on Roberts’ appointment, John Cooper, BAR Chief Executive Officer, commented, “Having worked with Simon
Derecktor Shipyards Hires Steady as COO
Derecktor Shipyards announced on Thursday that Richard Steady will be joining the U.S. shipbuilding and repair company as chief operating officer.Steady has held many executive maritime positions prior to joining Derecktor. He began his career at Maritrans, the global shipping and transportation company, where he rose to the position of director of government and regulatory affairs. He also held key roles at marine construction and dredging operator Weeks Marine, where he was director of marine services, as well as marine construction, transportation and salvage business American Marine Corporation
Stoltenberg Joins VIKAND as Non-executive Director
medical operations and public health provider VIKAND Solutions announced it has appointed Klaus Stoltenberg as non-executive director for commercial shipping.Stoltenberg brings a wealth of experience to VIKAND. He is currently the co-owner of Constellation ApS, and was formerly the Chairman of Global Shipping, Deutsche Bank where he managed a team of corporate finance and shipping experts. He has also served as Global Head of Ship and Aircraft Finance for NORD/LB; Head of Transport, Export and Trade Finance for Deka Bank; and, increasing complex roles and responsibilities with KfW, notably as Deputy
Two Great Lakes Maritime Academy Cadets Awarded Crowley Scholarships
more than $2 million over the years to support other educational programs.In 1994, Chairman and CEO Tom Crowley Jr., established the Thomas B. Crowley Sr. Memorial Scholarship Program in honor of his father, who is credited with growing what was once a West Coast tugboat company into the major global shipping and marine service company Crowley is today. His leadership in the maritime community and unprecedented transportation projects earned him a place in history and countless national awards. His namesake scholarship celebrates leadership and excellence in today’s aspiring mariners as they
Seafarer Vaccination Conundrum a 'Legal Minefield', ICS Says
Seafarers' lack of access to vaccinations is placing shipping in a "legal minefield", while leaving global supply chains vulnerable, warns the International Chamber of Shipping (ICS).The organization is planning to circulate a legal document to the global shipping community later this week highlighting its concerns following reports that some states may require crews to be vaccinated in order to enter their portsComplicating matters even further, it's expected developing nations will not achieve mass immunization until 2024, with some 90% of people in 67 low-income countries standing
Teresa Peacock Joins Dryad Global as Non-executive Director
world turning, and in a truly diverse workplace, productivity and success thrives," Peacock said.Phil Diacon, CEO at Dryad Global, said, “Teresa brings exceptional experience of sales, customer relations, human resources and equality and diversity knowledge from her career working with global shipping companies and the UK’s Maritime Diversity Taskforce.“With a proven track record and two decades at the helm of one of Europe’s largest shipping recruitment companies, Teresa is a force for change, bringing much needed insight to the sector as it strives to modernize and address
V.Group Names Kofod-Olsen as CEO
support services giant V.Group said on Wednesday it has appointed René Kofod-Olsen as the company’s chief executive officer, taking over from Graham Westgarth who will become chairman. Kofod-Olsen will join V. Group on November 1.Kofod-Olsen brings to the role almost three decades of global shipping industry experience. In 2012 he was appointed CEO of Topaz Energy & Marine, a position he held until the company’s successful divestment in 2019. Earlier in his career he worked for the A.P. Moller-Maersk Group where he held a variety of executive positions in numerous countries including
Dubai Reopens For Crew Changes
The Dubai Maritime City Authority (DMCA) announced it is allowing crew changes to resume across all ports and anchorage areas in the region after crew changes in the major global shipping hub had been paused due to the coronavirus outbreak.Since the beginning of the COVID-19 pandemic, travel restrictions and border closures imposed by governments around the world have caused significant hurdles to crew changes and left hundreds of thousands of seafarers stranded onboard ships or unable to join ships. It is currently estimated that at least 200,000 seafarers worldwide are stranded on ships and require
BP Names Next BP America Chief
, she led the company through a dynamic period, including the rebuilding of bp's U.S. headquarters in Houston after Hurricane Harvey in 2017 and the response to the coronavirus outbreak in 2020. "Dio rose through the ranks during a remarkable career, serving previously as head of global shipping and holding senior commercial and operating roles in BPand its heritage companies in refining, petrochemicals and various other oil and gas businesses in the U.S., U.K., and Australia," BP said.Looney said: "Susan has been an extraordinary leader and mentor throughout her impressive
New COO Joins USTC’s Executive Board
Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC) has welcomed Nina Østergaard Borris as new COO to its Executive Board.For the past six years, Nina Østergaard Borris has been Executive Assistant and Head of M&A in Bunker Holding, the USTC group’s largest business unit, focusing on business optimization, strategy and M&A.In parallel with her employment at Bunker Holding, Borris has served as a board member in the sister companies SDK (shipping and logistics company) and Uni-Tankers (shipowning company) as well as the
Svitzer Appoints Americas MD
.Van Dijk is taking over from Marc Niederer, who has decided to step down due to personal reasons and is currently considering various options for his future role, the company said.Van Dijk joined Svitzer in July 2019 as regional CCO and is now advancing to Regional MD. With more than 15 years in global shipping and transportation, he has lived and worked in the region for years and is today a well-known profile with an established network in the maritime industry across the South American continent.Van Dijk said, “As part of Maersk, Svitzer is truly a global marine solutions partner and I am
