Strong financial year for London P&I Club

Strong financial year for London P&I Club


The London P&I Club reported an operating surplus of USD36.3 million in its 2023/24 financial results, while strengthening its free reserves to USD149.8 million.

Lock 3 at the Welland Canal on the St Lawrence Seaway.

Jim Athanasiou becomes SLSMC president and CEO


St. Lawrence Seaway Management Corporation (SLSMC) has appointed Demetrios (Jim) Athanasiou as president and CEO of its board of directors.

Dame Susan Rice Chair of Forth Green Freeport

Forth Green Freeport opens for business with tax sites designated


Forth Green Freeport (FGF) officially opened for business on June 12 following approval from the Scottish and UK Governments of its outline business case. Three tax sites located in Grangemouth, Rosyth and Mid-Forth (Leith and Burntisland) have been designated.

J M Baxi completes Marjan module load outs

J M Baxi completes Marjan module load outs


India-headquartered J M Baxi Heavy has completed its role in delivering three modules for the Marjan offshore field project in Saudi Arabia.

​DLM names Collins as sales and marketing director

​DLM names Collins as sales and marketing director


UK-based Dynamic Load Monitoring (DLM) has named Carly Collins as sales and marketing director.

Cadeler’s Wind Maker launched in South Korea

Cadeler’s Wind Maker launched in South Korea


On June 3, South Korea’s Hanwha Ocean launched Wind Maker, the latest wind turbine installation vessel ordered by Danish offshore wind energy specialist Cadeler. 

Broekman opens Istanbul facility

Broekman opens Istanbul facility


Netherlands-headquartered Broekman Logistics has opened a new branch in Istanbul, Türkiye.

The 1,075MW Seagreen project, located off the Scottish coast, came online in October 2023

Winds of change in Scotland’s offshore energy policy


With the collapse of the Scottish National Party (SNP)/Green coalition in April 2024, the new Scottish leadership has signalled that the country may take a fresh approach to the energy transition.

TMI Jun 23 - Jun 24

Toepfer Transport’s monthly multipurpose shipping rate update


Toepfer Transport’s monthly multipurpose rate index continued climbing over the course of last month, with the average daily time charter rate for a 12,500 dwt/F-type heavy lift vessel standing at USD12,639 the start of June 2024. Robust demand and high rates in the container shipping sector are the main drivers of the increase.

Hoegh Autoliners2

Tight capacity and record rates at Höegh Autoliners


Ro-ro shipping specialist Höegh Autoliners said that tight capacity is the key element holding back its activities. Rates remain at record-high levels while high and heavy/breakbulk cargo comprised 25 percent of shipments in May 2024.

EPC Fluor seven Rs update

EPC Logistics: The importance of behavioural economics


Miroslav Jakab, Fluor Fellow - logistics, shares the EPC contractor’s views on project logistics and its interaction with behavioural economics in the second of a three-part series.

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