Athens hosts first Island Oil event in the series of the company’s 30-years celebrations

Island Oil celebrates this year thirty years of continuous and highly successful global activity in physical bunkering and marine fuel trading with a series of events. The first event was held at the Athenian Riviera, where company executives welcomed associates, shipping industry executives and media representatives to an evening of glitz and pride for Island Oil's significant achievements up to date.

CHRIS THEOPHILIDES NAMED CRUISE PERSONALITY OF THE YEAR AT THE 2022 SEATRADE CRUISE AWARDS IN MALAGA, SPAIN

Celestyal, the award-winning, number one choice for travellers to the Greek Islands and the Eastern Mediterranean, is delighted to announce that its CEO, Chris Theophilides, has been named Cruise Personality of the Year at the 2022 Seatrade Cruise Awards which took place today in Malaga during Seatrade Cruise Med.

A worldwide outpouring of condolences

A worldwide outpouring of condolences followed Queen Elizabeth II's passing at 96. Since her accession to the throne in 1952, Elizabeth's reign has taken Britain from steam engines to smartphones and encompassed a largely peaceful breakup of an empire that once ‘the sun did not set on’.

CELESTYAL APPPOINTS INTER-CONNECT AS GSA IN GERMANY, AUSTRIA AND SWITZERLAND

Celestyal, the award-winning first choice for cruises in the Greek islands and the Eastern Mediterranean, announces its cooperation with Inter-Connect.

Recovery for Panamaxes and slight growth for the dry bulk cargo market

Iakovos (Jack) Archontakis
Commercial Manager TMC MARITIME CO.

Fotios-Evangelos Karlis
Chartering Department TMC MARITIME CO.

We saw an increase regarding the dry bulk cargo market this week as well. Panamaxes and Handies showed an upward trend while Capes and Supramaxes retreated.

Grimaldi Group: The Sea embraces the Space

Within its Navigation Innovation and Support Program (NAVISP) and with the contribution of the Italian Space Agency (ASI), the European Space Agency (ESA) has assigned the Grimaldi Group the GSAB (Grimaldi Satellite Assisted Berthing) project, aimed at developing and validating the first assisted guidance system with satellite technology for docking maneuvers of large PCTC (Pure Car & Truck Carrier) vessels.

The Naples-based Grimaldi Group – one of the largest international shipping groups, with a fleet of around 130 ships owned, 10 newbuilds under construction and 10 in the design phase – will coordinate an international team with Kongsberg, a Norwegian industry leader specialized in the design of signal reception and processing technology, and the Radiolabs Consortium which, in addition to supporting the Grimaldi Group as co-prime contractor, will take care of the design, execution and validation of the system in operating conditions. The operational tests will be carried out on one of the large and modern ro-ro ships part of the Neapolitan shipping group’s fleet.

GSAB involves a first 18-month phase for the design of the equipment, its laboratory tests and pre-installation on the selected ship. The second phase, already discussed and agreed with ESA, will start in March 2024: it will involve on-site tests in the Port of Antwerp (Belgium) at Antwerp Euroterminal (a Grimaldi-owned terminal), as well as their analysis and validation, which will allow to plan the further steps necessary for commissioning.

GSAB aims at the development of a system for vessel mooring assisted guidance, using the newest satellite tracking technologies in support of the latest generation automation systems installed on board the ship. For the 1st level of autonomous navigation (at the Port of Antwerp), the technology will not operate automatically but will provide information to the ship’s Master to facilitate decision making and mooring.

The shipping group’s Managing Director Emanuele Grimaldi expressed his satisfaction with this agreement with ESA, which confirms the interest of the Grimaldi Group in new satellite technologies intended to increase the efficiency and safety of ship management systems.