Schulte Group has launched a venture capital unit to identify investment opportunities in the global maritime start-up eco-system.

Cyprus' coffers gained $1.14bn (EUR1.04bn) in 2018 from the ship management sector after a strong second half of the year. In the July - December half second half the revenue from the sector was $591m up from the $556m registered in the first six months. 

Wilhelmsen Ship Management (WSM) is taking measures to reduce plastic waste from its ships enforcing new criteria for its vendors in its selection process.

Wallem Group is appointing a new managing director of ship management John-Kaare Aune, who joins from the Cayman Registry.

Alfa Laval has confirmed a deal to supply 30 ballast water treatment systems (BWTS) over the next four years to the entire fleet of Oslo-based Bulkship Management.

Wilhelmsen Ship Management (WSM) is re-entering the crude tanker segment a decade after it exited with the sale of ITM Ship Management.

Wilhelmsen Ship Management (WSM) has secured the management of a newbuild FSRU named Turquoise from its owner Pardus Energy, a new entrant in the FSRU market.

In the second part of most read stories by month in 2018 on Seatrade Maritime News we look at July to December.

There will be more consolidation in the ship management sector as company founders decide on their future and mid-sized managers come under pressure, believes Anglo-Eastern ceo Bjorn Hojgaard.

Cosco Shipping Energy Transportation announced has organisation restructuring plan with newly named departments for VLCCs and tanker operations.

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