Chevron Marine Lubricants to Hold Pre-Conference Seminar at 2017 SHIPPINGInsight Fleet Optimization Conference & Exhibition

Chevron Experts Will Share Insights on the Future of Marine Lubricants

Technology and Services

NORFOLK, Va. – July 17, 2017 – The organizers of SHIPPINGInsight today announced that Chevron Marine Lubricants will host a special seminar prior to the 2017 Fleet Optimization Conference & Exhibition.

The seminar will take place 5 to 6 p.m., Monday, Oct. 9, at the Stamford Marriott Hotel & Spa in Stamford, Connecticut. Chevron speakers will be Mike Sarisky, Account and Technical Manager for the Americas, and Monique Vermeire, Fuels Technologist. They will address pressing questions regarding the impact of ECA legislation on marine propulsion systems, fuels and lubricants.

“We are focusing on being future-ready by addressing concerns around upcoming legislation and reassuring our customers and partners that we have the lubrication solutions, technological expertise and services to meet the challenges that lie ahead,” said Ayten Yavuz, Regional Manager, Marine, for Northwest Europe and Americas.

Carleen Lyden Walker, SHIPPINGInsight Co-Director, observed, “Lubricants will be a major issue as shipowners ponder their options for low-sulfur diesel and alternative fuels to meet the growing ECA emission zones, and we encourage the shipping community to take advantage of this opportunity to learn more about this critical subject.”

The sixth SHIPPINGInsight Fleet Optimization Conference & Exhibition will be held at the Stamford Marriott Hotel & Spa, Oct. 10-12. It will include 2½ days of speeches from top shipping company executives, panel presentations from industry experts and open-discussion roundtables, as well as more than 19 hours of scheduled networking events.

SHIPPINGInsight Co-Director Frank Soccoli reports that sponsorships and exhibit booth space are nearly sold out for this year’s event, but there are still a limited number of opportunities. For details, contact him at fsoccoli@shippinginsight.com, +1.434.295.6642.

Contact Jessica White at Jess.White@chevron.com to reserve a seat at the Chevron Marine Lubricants seminar. 

About SHIPPINGInsight

Now in its sixth year, SHIPPINGInsight is the premier North American technology conference and trade show for the international commercial maritime industry. It brings together shipowners, ship managers and technology companies to discuss solutions to improve ship and fleet efficiency. The event is co-owned and produced by Soccoli Associates LLC, a maritime consultancy; Rhodes Communications, Inc., an international communications firm specializing in the maritime industry; and Morgan Events LLC, a conference and event planning firm.

Online registration for SHIPPINGInsight 2017 is now open. The organizers encourage delegates to take advantage of the $200 early-bird discount. The Stamford Marriott Hotel & Spa offers a special conference rate of $184 for SHIPPINGInsight registered delegates.

Media Contact:
Jim Rhodes
+1.757.451.0602
jrhodes@shippinginsight.com

SHIPPINGInsight 2017 Keynote Speakers Announced

6th Fleet Optimization Conference & Exhibition to Take Place

Oct. 10-12, in Stamford, Conn.

 NORFOLK, Va. – July 6, 2017 – SHIPPINGInsight today announced the lineup of keynote speakers for the sixth annual SHIPPINGInsight Fleet Optimization Conference & Exhibition. The premier technology conference, exhibition and networking event for maritime industry professionals in North America will take place Oct. 10-12, 2017, at the Stamford Marriott Hotel & Spa in Stamford, Connecticut.

Confirmed keynote speakers for SHIPPINGInsight 2017 are:

  • Lois Zabrocky, President and Chief Operating Officer, International Seaways Inc.
  • Cameron Mackey, Director and Chief Operating Officer, Scorpio Tankers Inc.
  • Elliot Gow, Chief Operating Officer, V.Group
  • Angus Campbell, Corporate Director of Energy Projects, Bernhard Schulte Shipmanagement
  • Roger Holm, President, Wärtsilä Marine Solutions
  • Frank Coles, Chief Executive Officer, Transas
  • Mark Darley, President of Americas Marine, Lloyd’s Register
  • Martial Claudepierre, LNG Business Development Director, Bureau Veritas Marine
  • Andy Davis, Director of Transport Assurance Practice, NCC Group

Capt. Michael Wilson, President and Chief Operating Officer of Laurin Maritime (America), will return as Conference Chairman for 2017. More than 35 executives from shipowners and ship management companies have confirmed their participation in the conference as speakers or panel moderators.  Additional operational and management representatives from global shipping companies also attend to learn more about the changes occurring daily in the industry.

“Not since the shift from wind power to steam has the maritime industry seen such a seismic change in operational management,” stated Carleen Lyden Walker, Co-Director of SHIPPINGInsight and an IMO Maritime Ambassador. “By having this conference take place during a continuing shipping recession means that owners and operators have to stay ahead on regulatory updates and new technologies.”

Last year’s conference broke participation records, with an increase of nearly 40 percent in attendance, including 236 registered delegates from more than 10 countries. This year’s event will extend to 2 ½ days with themed panels and roundtable discussions, and over 19 hours of scheduled networking events.

Sponsorships and exhibit space are nearly sold out, but there are still a few opportunities available. Contact Frank Soccoli at +1.434.295.6642, or fsoccoli@shippinginsight.com for pricing and availability. For more information, visit www.shippinginsight.com.

For high-resolution images, visit: https://www.dropbox.com/sh/fxt6jok63falq57/AABrqYVUu6p17XmWopko_TgAa?dl=0.

About SHIPPINGInsight

Now in its sixth year, SHIPPINGInsight is the premier North American technology conference and trade show for the international commercial maritime industry. It brings together shipowners, ship managers and technology companies to discuss solutions to improve ship and fleet efficiency. The event is co-owned and produced by Soccoli Associates LLC, a maritime consultancy; Rhodes Communications, Inc., an international communications firm specializing in the maritime industry; and Morgan Events LLC, a conference and event planning firm.

 

Media Contact:
Jim Rhodes
+1.757.451.0602
jrhodes@shippinginsight.com

Online Nominations for 2017 SHIPPINGInsight Award Now Being Accepted

NORFOLK, Va. – May 3, 2017 – Nominations are now being accepted for the 2017 SHIPPINGInsight Award. The annual award will be presented at a luncheon on the opening day of the sixth SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 10, in Stamford, Conn.

“The SHIPPINGInsight Award is given annually to a shipping company and its technology partner(s) for the successful implementation of an innovative technology or initiative that advances the state of the art in ship and fleet automation,” said SHIPPINGInsight co-director Jim Rhodes. “This is an opportunity to recognize the innovators who are changing the face of the shipping industry with creative new technologies.”

The winners will receive a binnacled captain’s clock in a polished wooden case with an engraved plaque, along with a framed certificate.

Entry forms may be downloaded at www.shippinginsight.com/awards-2. Nominations should be in the form of a case study describing the project and quantifiable results. A panel of independent judges will review nominations and select the winner.

Winners of the 2016 SHIPPINGInsight Award were Eagle Bulk Shipping, and its technology partners Veson Nautical and Accuritas Global Solutions. For a high-resolution image, visit: https://www.dropbox.com/sh/n66h3tsjwfyomdj/AADKUKNQncV7Y9ybFnKPDWRLa?dl=0.

Nominations must be submitted no later than Sept. 16, 2017. The $250 entry fee will be waived for SHIPPINGInsight Platinum, Gold and Silver sponsors.

About SHIPPINGInsight

Now in its sixth year, SHIPPINGInsight is the premier North American technology conference and trade show for the international commercial maritime industry. It brings together shipowners, ship managers and technology companies to discuss solutions to improve ship and fleet efficiency. The event is co-produced by Soccoli Associates LLC, a maritime consultancy; Rhodes Communications, Inc., an international communications firm specializing in the maritime industry; and Morgan Events LLC, a conference and event planning firm.

Media Contact:
Jim Rhodes
+1.757.451.0602
jrhodes@shippinginsight.com

SHIPPINGInsight Announces Agenda for 2017

Fleet Optimization Conference & Exhibition to Take Place Oct. 10-12, in Stamford, Conn.

NORFOLK, Va. – April 24, 2017 – (Marine NewsWire) SHIPPINGInsight today announced the agenda for the sixth annual Fleet Optimization Conference & Exhibition. The premier technology conference, exhibition and networking event for maritime industry professionals in North America will take place Oct. 10-12, 2017, at the Stamford Marriott Hotel and Spa in Stamford, Conn.

SHIPPINGInsight 2017 will feature two-and-a-half days of activities, with more panels, more speakers, more roundtables and more than 20 hours of scheduled networking events.

The conference agenda will include five themed sessions, each consisting of a panel followed by an open-discussion roundtable of experts. The sessions are:

  • The Efficient Ship
  • Digitalization
  • Fuel and Propulsion
  • Ship and Fleet Optimization
  • Regulatory Compliance

A high point of the agenda will be the presentation of the fourth annual SHIPPINGInsight Award at the SHIPPINGInsight Award luncheon to a shipowner and technology partner(s) for achievements in ship and fleet optimization.

The popular roundtable of shipowners and managers will return again this year, providing a frank and open forum for shipping company executives to share their perspective with the audience.

“This year’s conference delivers timely and relevant topics presented by industry experts who are the best in their fields,” said Jim Rhodes, co-director of SHIPPINGInsight. “Attendees will take away information that will translate into cost savings and improved efficiency in ship and fleet optimization. In addition, this is one of the best networking conferences in the industry, with ample opportunities for ship operators and technology solution suppliers to engage and interact.”

Last year’s conference broke participation records, with an increase of nearly 40 percent in attendance, with 236 registered delegates from more than 10 countries.

Sponsorships and exhibit space are available for SHIPPINGInsight 2017. Contact Frank Soccoli at +1.434.295.6642, or fsoccoli@shippinginsight.com for pricing and availability. For speaking opportunities, contact Jim Rhodes at +1.757.451.0602, or jrhodes@shippinginsight.com. For more information, visit www.shippinginsight.com

About SHIPPINGInsight

Now in its sixth year, SHIPPINGInsight is the premier North American technology conference and trade show for the international commercial maritime industry. It brings together shipowners, ship managers and technology companies to discuss solutions to improve ship and fleet efficiency. The event is co-produced by Soccoli Associates LLC, a maritime consultancy; Rhodes Communications, Inc., an international communications firm specializing in the maritime industry; and Morgan Events LLC, a conference and event planning firm.

 

 

 

Media Contact:

Jim Rhodes
+1.757.451.0602
jrhodes@shippinginsight.com

SHIPPINGInsight 2016 Sets New Records

Attendance up 40 Percent over 2015 Conference, According to Organizers

NORFOLK, Va. – Nov. 2, 2016 – The SHIPPINGInsight 2016 Fleet Optimization Conference & Exhibition concluded on a high note Oct. 19, buoyed by record-breaking attendance and participation. The organizers reported an increase of nearly 40 percent in attendance, with 236 registered delegates from more than 10 countries.

The fifth annual maritime technology conference and trade show took place Oct. 18-19 in Stamford, Conn. The event encompassed two full days of presentations, discussions, debates, exhibits and networking. Attendees included senior executives from shipowners and managers, classification societies, flag states, technology suppliers, software and IT companies, satellite communication service providers, shipyards, naval architects, consultants and professional services. Over 30 shipping company executives served as panel and roundtable moderators, including some of the world’s largest international ship management companies.

By the Numbers

  • 236 registered delegates from more than 10 countries (up 40 percent)
  • 30+ shipping company executives participating
  • 8 keynote and lead-off speakers
  • 75 total speakers and moderators
  • 50 exhibitor booths
  • 50 industry sponsors (up 43 percent)
  • 5 supporting organizations
  • 8 media sponsors
  • 12+ hours of scheduled networking events

A highlight of the festivities was the presentation of the annual SHIPPINGInsight Award to Eagle Bulk Shipping and its technology partners, Accuritas Global Solutions and Veson Nautical, honoring their achievements in advancing the state of the art in ship efficiency and fleet optimization. A Certificate of Merit was also awarded to Neda Maritime Agency and AkzoNobel.

Keynote and lead-off speakers were:

  • Jack Noonan, CEO, Chembulk Tankers
  • Capt. Norbert Aschmann, CEO, Bernhard Schulte Shipmanagement
  • James Watson, President, ABS Americas Division
  • Esa Jokioinen, Head of Blue Ocean Team, Rolls-Royce
  • Frank Coles, CEO, Transas Marine
  • Angus Campbell, Managing Director, Bernhard Schulte Shipmanagement
  • Ben Christian, Vice President, Marine Services, TOTE Services
  • William Gallagher, President, International Registries, Inc.

“This was the biggest and best conference in the five years we have been producing SHIPPINGInsight events,” said co-director Jim Rhodes. “The conference agenda focused on subjects of timely interest to the global maritime industry such as regulatory compliance, connected ships, cybersecurity, big data, shipping intelligence, fuel and propulsion.”

“SHIPPINGInsight has become widely recognized as the most important shipping technology conference and trade show in North America,” said co-director Frank Soccoli. “It continues to go from strength to strength each year and our Roundtable of Shipowners, resulted in excellent discussions on trending topics of interest in the maritime industry. We’re already starting to plan for next year’s event.”

Jess Hurwitz, executive vice president of global sales and marketing and CTO of Accuritas Global Solutions, commented, “We have seen the SHIPPINGInsight Conference consistently grow and expand since its inception. It provides a unique industry program of leading trends and technologies very relevant to today’s shipping leaders.”

About SHIPPINGInsight

Held annually since 2012, the SHIPPINGInsight Fleet Optimization Conference & Exhibition has become the premier shipping technology forum in North America. SHIPPINGInsight is co-produced by Soccoli Associates LLC, a maritime consultancy, and Rhodes Communications, Inc., an international PR and marketing services company specializing in the marine industry for over 30 years. For more information, see www.shippinginsight.com.

Media Contact:
Jim Rhodes
+1.757.451.0602
jrhodes@shippinginsight.com 

Korean Yards Hold Fire Sale

Further proof that the glut of overtonnage is not going away anytime soon. 

MarineLink.com reported today that Korean shipowners are struggling to rid themselves of unsold ships at substantially lower than market prices. Daewoo is trying to sell a pair of 320,100 dwt crude carriers after the buyer withdrew orders for the ships. The orders had been placed during the heady days of 2007. Likewise, STX has put up for resale three 57,000 dwt bulk carriers after the buyer refused delivery. Industry analysts expect more unsold newbuilds to be placed on the market at knock-down prices.
The industry faces a near-term future of overcapacity, low freight rates and rising fuel prices. New ships ordered in the boom years prior to the recession are still coming into the fleet (albeit at very attractive prices for shipowners bold enough to buy them). Scrapping is part of the answer, but is not removing old tonnage fast enough to make a difference soon. Likewise, bankruptcies of shipping companies will not make the number of ships go away.

What this means is that fleet operators will need to reduce operating costs to survive in this grim economic climate. To that end, the 2012 SHIPPINGInsight Fleet Optimization Conference, October 8-10, in Stamford, Connecticut, will address mitigation measures and best practices for trimming costs and improving operational efficiency.  More than 30 speakers from all segments of the industry have been signed up. Online registration is open, and you can save money by registering early at www.shippinginsight.com.

Rising fuel costs + low freight rates = net loss for container fleets

More sad faces at major container lines. Hapag-Lloyd blames soaring fuel costs for 2nd quarter loss.

Bloomberg today reported that Hapag-Lloyd AG, Europe’s fourth-largest container line, reported a second-quarter loss after soaring fuel costs offset modest improvements in freight rates. The CEO, Michael Behrendt, was quoted as saying, “High bunker prices in particular cause our expenses  to increase dramatically – they are by far the biggest cost factor for our business.” The company said the average fuel price jumped 14 percent to $694 per ton during the last year. Freight rates did not keep pace. The weighted average freight rate in the second quarter increased 7.4 percent to $1,594 over the first quarter of 2012, and was 4.1 percent higher than Q2 2011. Behrendt noted succinctly, “The cargo on board our vessels has to cover the cost of transportation.” Sad but true.

Hapag Lloyd operates a fleet of 147 containerships with a total fleet TEU capacity of 667,531 TEU. The company took delivery of the 10,000 TEU Hamburg Express last month, and has another nine 13,200 TEU ships on order.

Hapag-Lloyd is in good company. Bloomberg noted that A.P. Moeller-Maersk and CMA CGM both posted losses last year. The combination of overtonnage on key routes, sluggish growth in world trade volumes, soaring fuel costs and persistent low freight rates will not get better soon, and it is critical for fleet operators to seek out new ways to reduce operating costs.

To that end, I encourage you to attend the 2012 SHIPPINGInsight Fleet Optimization Conference, October 8-10, in Stamford, Connecticut, where industry experts will deliberate on technical solutions and best practices to optimize efficiency of ship operations.

I am especially happy to tell you that Clay Maitlandhas agreed to serve as keynote speaker for the conference. I am certain his unique expertise and insights will enrich the debate. He joins a top-notch roster of more than 30 speakers. You can register online and take advantage of early-bird discounts.

Note: This post originally appeared in the Maritime Professional, one of our media partners.

The Relentless Law of Supply and Demand

Even China’s go-go shipbuilding industry is feeling the effects of the slowdown in international trade and shipping overcapacity, which shows no signs of easing in the short term. Shipping fleets will need to trim operating costs to survive in this environment.

You may have seen the news item in MarineLink.com dated July 29 that China’s shipyards suffered a 49 percent plunge in orders during the first 6 months of 2012. This is clearly the result of a glut of shipbuilding capacity trying to sell into a marketplace already sufferening from overcapacity and low freight rates. The surge in shipbuilding in China was fueled by the country’s appetite for raw materials and low-cost government financing for new ships. Many of the ships ordered during the binge of 2007 are still trickling out of the shipyards to face an uncertain employment. The Baltic Dry Index, according to the article, has dropped 26 percent in the past year to 958. In May 2008 it was 11,793.

The global fleet of capesize vessels has doubled in the last five years according to Clarkson, and three-year charter rates are around $10,000 per day, down from $55,000 five years ago.

In this economic climate, it becomes even more imperative for ship operators to reduce operating costs and improve efficiencies in ship operation. Fuel is the most immediate target, since it represents a huge percentage of operating costs, but fleets will need to put all aspects of operating costs under scrutiny.

That’s the idea behind the ShippingInsight Fleet Optimization Conference, which is scheduled to take place October 9-10 in Stamford, Connecticut. More than 30 speakers have been lined up to address their areas of expertise, including ship design, hull performance, alternative fuels, bunker management, regulatory compliance, voyage management, weather routing and KPIs. Registration is now open at www.shippinginsight.com.

Note: This post was originally written for the Maritime Professional blog.