The Sri Lankan Cabinet has approved the establishment of Colombo Eastern Container Terminal (Private) Limited to manage the Eastern Container Terminal at Colombo Port. This initiative aims to enhance economic returns and operational efficiency while ensuring competitiveness against private operators, all while remaining under the Sri Lanka Ports Authority’s ownership.
V., a ship manager and marine services provider, has secured full technical and crew management responsibilities for six LR1 vessels owned by International Seaways, Inc. These vessels, equipped with scrubbers and dual-fuel (LNG) readiness, demonstrate a commitment to sustainable shipping practices. This partnership strengthens V.’s existing relationship with INSW and showcases their expertise in managing advanced vessels.
The New Mangalore Port Authority (NMPA) is organizing a seminar on “Maritime Adversities” to enhance industry readiness and emergency response in maritime operations. With industry experts and policy-makers attending, the event will focus on crisis management techniques and collaborative efforts to address sea-bound challenges. NMPA aims to promote safety and secure maritime operations.
Torvald Klaveness of Norway has sold its Ship Management division to OSM Thome to enhance scale and investment in the sector. OSM Thome will operate Klaveness while Torvald Klaveness will manage ship management for Klaveness Combination Carriers. The move aims to modernize operations, support growth, and maintain high standards of safety and efficiency.
Hecla Emissions Management, a collaboration between Wilhelmsen Ship Management and Affinity Shipping LLP, launched the FuelEU Maritime Exchange platform in Singapore on September 26, 2024. This innovative platform allows secure trading of compliance balances to promote the adoption of alternative fuels in the shipping industry, addressing the upcoming FuelEU Maritime regulation.
