Latest news from Heavy Lift & Project Forwarding International Magazine

TRACE extends RightShip partnership

November 16 - TRACE International has extended its partnership with RightShip - a provider of a comprehensive online maritime safety and environmental risk management system - to support anti-bribery compliance in the maritime industry.

HLPFI reported in July 2015 that TRACE and RightShip had collaborated to develop a compliance rating for vessel owners.

The new partnership aims to support compliance in the shipping industry through TRACEcertification of vessel owners, which involves a due diligence review, analysis and approval process, based on internationally accepted standards and administered by TRACE.

TRACE says that completion of the certification process underscores a vessel owner's commitment to commercial transparency and aims to reduce the risk to charterers.

Meanwhile, RightShip's vetting platform - RightShip Qi - harnesses big data, predictive analysis and real-time risk assessments, which allow charterers to make well-informed decisions about the vessels they choose to use.

TRACEcertification intends to reduce the cost of compliance throughout the shipping supply chain; saving vessel owners time and money by not having to complete due diligence reviews for multiple charterers, and allowing charterers to have pre-vetted companies available to them.

"Shipping is considered a high-risk industry and we are pleased to partner with RightShip to increase commercial transparency in a traditionally opaque industry," said TRACE president Alexandra Wrage.

Heavy Lift | News

Volga Dnepr delivers to Dutch Caribbean thumbnail image

Volga Dnepr delivers to Dutch Caribbean

June 3 - Russia-based Volga Dnepr Airlines has delivered oversized and urgent medical supplies to the remote Dutch Caribbean islands St Maarten and St Eustatius in response to Covid-19.
Views: 133
Rotterdam moves ahead with rail link thumbnail image

Rotterdam moves ahead with rail link

June 2 - A steel arch bridge has been installed across the Thomassentunnel and the A15 and N15 motorways in the Netherlands, forming a key link in the port of Rotterdam’s proposed Theemswegtracé railway line.
Views: 477
Seville progresses with port projects thumbnail image

Seville progresses with port projects

June 2 - The Port Authority of Seville (APS) has relaunched five public tenders for port enhancement projects, including the expansion of the Muelle de Armamento (Armament Pier).
Views: 331

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