thyssenkrupp News

APM returns to address the industry’s demand for sustainability, digitalisation, and innovation

Asia Pacific Maritime (APM), the largest meeting place in Southeast Asia for the global maritime value chain, will return for its 18th installment in Singapore from 13 to 15 March 2024 at the Marina Bay Sands.  The premier exhibition and conference is expected to bring together more than 14,000 shipowners, shipyards, ship management, and technical procurers to meet over 1,400 solutions providers.  Solutions and services “For the past few months, we have been reconnecting with...

German steel company ThyssenKrupp invests in the port of Rotterdam

thyssenkrupp Steel Europe invests in the port of Rotterdam. At Ertsoverslagbedrijf Europoort C.V. (EECV) a new unloading installation for seagoing vessels will be constructed with an investment of tens of millions of euros. With the new crane, thyssenkrupp is demonstrating its belief in the long-term presence of its infrastructure in the port of Rotterdam. Future green steel factory The unloading installation will be used to unload fuels and resources for the steel factory. “The tran...

Belgian pioneers in offshore renewable energy join forces for second North Sea Summit in Ostend

The second North Sea Summit which is being organised by the Belgian Federal Government will have an important industrial outlook since it will be supported by seven Belgian companies and federations. These are the system operators Fluxys and Elia, the hydraulic engineering specialists DEME and Jan De Nul, the Belgian Offshore Platform, the Belgian employers' association for technology companies Agoria, and the Port Oostende. North Sea Summit  They will be welcoming the CEOs of 100 to...

Xeneta and Marine Benchmark partner to launch Carbon Emissions Index (CEI)

Xeneta, the globally renowned ocean and air freight rate benchmarking and market analytics platform, and Marine Benchmark, a major provider of information analysis services and tools for the marine industry, have launched the Carbon Emissions Index (CEI) for the container shipping market. Carbon Emissions Index (CEI) The Carbon Emissions Index (CEI) by Xeneta and Marine Benchmark is a first-of-its-kind data solution that tracks and compares the carbon emissions of ocean carriers across 13 main...

Xeneta’s data reveals that South American spot rate gap set to narrow as shippers take advantage of lower Far East to West Coast rates

The latest ocean freight rate data from Xeneta reveals that spot rates are currently USD 3 700 more expensive for shipping 40’ containers from the Far East to the South American East Coast compared to the West Coast corridor. This huge gap – the norm is usually around a USD 55 East Coast premium – has opened up since 1 July. However, shippers looking to take advantage of the disparity should move quickly, Xeneta warns, as it may begin to narrow across August and September. Si...

Reefer rates defy global spot trends on North Europe To Far East Trades - according to Xeneta

While spot rates for ‘dry standard’ FEUs are declining on the world’s key global trading corridors, the rates for equivalent reefers are bucking the trend on the North Europe to Far East route. According to the latest market intelligence from Xeneta, which crowd sources real-time ocean freight rate data from shippers, the average 40’ HC reefer spot rate stood at a mighty US$ 5230 for the trade on 23 August, compared to dry standard FEUs at US$ 980. At this point, two ye...

Xeneta releases the figures drawn from its Xeneta Shipping Index (XSI) Public Indices for the contract market

It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June 2022. Following on the heels of a record 30.1% hike in May 2022, this now means rates stand 169.8% higher than this time in 2021, with just two months of declines in the last 18 months. Despite a degree of macro-economic uncertainty clouding the horizon, all major trades saw prices moving up, with some corridors showing significant gains. Xenet...

Xeneta Shipping Index Public Indices reveal shipping costs soar with long term rates up 150% YoY

May saw the highest ever monthly increase in long-term contracted ocean freight rates, as the cost of locking in container shipments soared by 30.1%. The unprecedented hike, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for the contract market, means that long-term rates are now 150.6% up year-on-year. In 2022 alone, costs have climbed by 55%. “This is a staggering development,” comments Xeneta CEO Patrik Berglund. “Just last month we were looking at a...

Xeneta Shipping Index (XSI) shows demand, disruption and deft carrier strategies fuel new highs for long-term ocean freight rates

April 2022 saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up year-on-year. The data, revealed in the latest Xeneta Shipping Index (XSI) Public Indices for the contract market, demonstrates how supply chain demand, successful carrier strategies and continued COVID-19 disruption in China are coalescing to ‘pile on the pain’ for shippers worldwide. Xeneta Shipping Index (XSI) Xeneta&...

Xeneta's early dip in long-term ocean freight rates fails to tarnish exceptional year for carriers

Long-term contracted ocean freight rates fell by 3.6% in January 2022, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd-sourced data from global shippers, the analysis shows the second consecutive monthly rates decline, following a staggering 14 months of consistent increases. As such, despite the dip, contracted rates stand 98.1% up year on year, demonstrating the commanding position carriers continue to occupy in shipping negotiations.  Pain and g...

HENSOLDT equips Norwegian and German submarines with next-generation optronics suite

Sensor solutions provider HENSOLDT is equipping the German-Norwegian submarine project U212 CD with a fully digital sensor suite. The optronics division of HENSOLDT has received a corresponding order worth over 50 million euros from kta naval systems, a consortium of Kongsberg, ThyssenKrupp Marine Systeme, and Atlas Elektronik. Optronic mast and panoramic surveillance system The order comprises six optronic systems, consisting of an OMS 150 optronic mast system, an OMS 300, and an i360°OS...

Xeneta's indices shows strong demand and supply chain strain continue to drive long-term ocean freight rates

Ocean carriers remain in pole position in negotiations for long-term freight contracts, with high demand, port congestion, and supply chain disruption driving further rate increases. The rise in freight rates  According to the Xeneta Shipping Index (XSI®) Public Indices, long-term rates recorded their tenth consecutive month-on-month rise in October, climbing by 2.2%. The indices stand at a colossal 93.1% up year-on-year, with little hope of relief on the horizon for embattled shipper...

Xeneta’s Long-Term XSI Public Indices reveal long-term ocean freight rates now up over 90% year-on-year

Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...

Thyssenkrupp Marine Systems chooses Heinen & Hopman to supply HVAC for Tamandaré project

Heinen & Hopman is proud to have been chosen to supply the HVAC for four Tamandaré-class frigates. The Tamandaré class is a new class of future general-purpose frigates for the Brazilian Navy, based on the MEKO family of ships. The project is being developed by the Brazil Ministry of Defence and the Águas Azuis consortium, composed of Thyssenkrupp Marine Systems (TKMS), Embraer Defense and Security and Atech. The construction of th...

Kongsberg deliver ORCCA™ combat system elements to 212CD submarines

"The deliveries will last way into the 2030s and is an important and strategic milestone that strengthens our foothold in Europe with Germany as an important and near partner." "Our cooperation with Germany for submarine technology extends over several decades. With this new and expanded industrial cooperation the partnership is taken to a new level that will have great importance for Norwegian technology development and value creation,” says Geir Håøy, CEO of KONGSBERG....

Wilhelmsen and Thyssenkrupp showcase the capabilities of their Additive Manufacturing (AM) service

The Wilhelmsen Thyssenkrupp AM fulfillment platform currently serves more than 3,000 vessels from key locations worldwide, addressing and solving some of the biggest pain points such as long lead time, part obsolescence, poor part performance and high carbon footprint, through on-demand manufacturing. Cooperating with several Original Equipment Manufacturers (OEMs), the venture is empowering OEMs to reduce their supply chain costs and improve customer experience, through increased serviceabilit...

Xeneta report presents increased rates for container ship segment as new contracts finalise

Oslo-based Xeneta, the ocean freight rate benchmarking and market analytics platform, has revealed a jump in long-term contracted rates for containership operators during May, as 2018 rates expire and new contracts push the index upwards. Global rates Global rates leaped by 11.5% across the month, with US rates for imports climbing by close to 20%" According to the latest XSI® Public Indices report, based on crowd-sourced data covering over 160,000 port-to-port pairings, with 110 million...

Xeneta unveils public indices delivering monthly insights on long-term ocean freight rate development

Xeneta is utilising its database of over 85 million contracted freight rates to deliver a unique monthly snapshot of long-term rate developments in the container industry. The new Xeneta Shipping Index (XSI™) Public Indices report, provides a detailed overview of the busiest global trade corridors, allowing users to gauge regional developments and track trends for key markets. In June this year Oslo-headquartered Xeneta, the ocean freight rate benchmarking and market intelligence platform...

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