Corporate News

  Maersk remains committed to ensuring the supply chain needs are met in this period of uncertainty and intensified congestion all around the globe. In this “Asia Pacific Market Update”, Maersk provides the most relevant and up-to-date information so that together Maersk navigates this period of heightened volatility and keeps the supply chain moving. Industry Trends As the world and businesses continue to face challenges, Asia Pacific leads the way in projected GDP growth:...

  Maersk remains committed to ensuring the supply chain needs are met in this period of uncertainty and intensified congestion all around the globe. In this Asia Pacific Market Update, Maersk provides the most relevant and up-to-date information as Maersk navigates this period of heightened volatility together to keep the supply chain moving. This month Maersk looks at the disruption affecting Yantian in South China due to COVID-19 flare-up and the knock-on effect this is having globall...

  After a six-day stop on export containers, the Yantian Port Authorities have announced that productivity is gradually set to increase as more workers return and more berths reopen, but the damage has already been done. The current estimated wait is over a fortnight, causing many carriers to divert vessels to other ports. In total, over 300 sailings from all liners will omit Yantian and for Maersk, 19 of the mainline services have been affected. Fighting to get reliability back i...

A.P. Moller – Maersk and IBM announced that more than 10 members have joined TradeLens in the Chinese Mainland in the first month since its launch on May 10. The new members of the ecosystem to advance trade digitisation include industry-leading Chinese companies, two-port groups and eight intermodal and inland logistics providers. TradeLens is a neutral blockchain-enabled digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM, and includes foundational ca...

  By shifting the transportation mode from truck to rail between Barcelona port and Tarragona terminal, IKEA Supply Chain Operations is cutting their Green House (GHG) from their long-haul transports in Spain by around 700 tons per year. “Maersk´s offering goes beyond moving cargo from A to B. We grow together with our customers, building tailor-made solutions based on sustainability and prioritisation. For us, it is crucial to dig into our customers ´needs as well as...

  Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd. announced they have completed integration onto the TradeLens platform, helping ensure a more timely and consistent view of logistics data for their containerised freight around the world. TradeLens is a neutral, third-party platform launched by IBM and A.P. Moller - Maersk to help modernise the world’s supply chain ecosystems and is run on IBM Cloud and IBM Blockchain. Benefitting from TradeLens Profit from...

  A.P. Moller - Maersk announced the signing of a fully carbon-neutral transport agreement on ocean services with BESTSELLER. The open-ended agreement on lifestyle logistics covers all of BESTSELLERs global transportation requirements and includes inland logistics and CFS handling (warehousing). ECO Delivery “I am very pleased that BESTSELLER, one of the top fashion and lifestyle groups in the world, has chosen Maersk ECO Delivery to reduce the company's carbon footprint in tran...

A.P. Moller - Maersk. and Hyundai Mipo Dockyards have agreed on a contract for Hyundai Mipo to build a feeder vessel with a dual-engine technology enabling it to sail on either methanol or traditional very low Sulphur fuel. Maersk announced the intention to order the vessel, an industry first, on 17 February 2021. It will fly the Danish flag. Shipping Emissions “This groundbreaking container vessel shows that scalable solutions to properly solve shipping’s emissions challenge are...

Maersk is redesigning its ocean network in West & Central Asia that connects countries including India, Bangladesh, Sri Lanka, Pakistan, UAE and Saudi Arabia to the world. The changes in the network are primarily aimed at improving speed to market, providing higher predictability and offering more flexibility to customers’ supply chains. Further, redesigning the network will also bring more resilience to the customers’ supply chains, protecting them better from operational cha...

  With the traditional peak season approaching, the outlook for both ocean and airfreight remains buoyant although capacity constraints and service reliability continue to present challenges. Maersk shares the latest market trend before highlighting the issues and challenges they face and also explain Maersk’s latest solutions to help one keep cargo moving. Market trend While global demand for logistics services remains strong, COVID-19 continues to cause supply-side problems: l...

MSC Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited (Shell) have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector. The long-term memorandum of understanding will help MSC and Shell to play enhanced roles in the energy transformation of shipping, as developers and early adopters of innovative technologies and fuel solutions. The companies plan to develop a range of safe, sustainable and competitive tec...

SBM Offshore has reached a new milestone in its digital transformation program: ABS has issued New Technology Qualification (NTQ) to SBM Offshore’s artificial intelligence-powered Intelligent Agent Mooring Line Integrity Tool, allowing the technology to be integrated into offshore systems for the first time. This tool is built on SBM Offshore’s unrivalled mooring expertise and FPSO lifecycle management, combined with the advancement in machine learning capabilities. It enables the d...

Inmarsat, the pioneer in global, mobile satellite communications, has further showcased its commitment to crew welfare by sponsoring a new report exploring the future of seafaring to 2050. The report offers recommendations on how shipping, training institutions and welfare services can respond to the changing needs of tomorrow’s seafarers. The thought-provoking study, ‘A fair future for seafarers?’, has been prepared by maritime innovation consultancy Thetius. It has been publ...

With its stated aim of becoming the most specialised and best-performing partner in the blue energy sector, Olympic Subsea’s fleet-wide upgrade to Kongsberg Digital’s Vessel Insight data infrastructure service will enable the company to continue the digitalisation journey which began with its implementation of KDI’s Vessel Performance solution for energy usage and operational monitoring. The first vessel in the fleet to deploy the complete KDI rollout will be Olympic Artem...

Satcom Direct (SD), the business aviation solutions provider, has signed a preferred supplier agreement with Luxaviation Group, one of the world’s largest business aircraft and helicopter operators. The new three-year arrangement begins with immediate effect and provides best-in-class technical connectivity solutions, superior value, and award-winning customer service to the global Luxaviation fleet. SD’s advanced technology All Luxaviation customers may now benefit from SD&rsquo...

Recently published independent research points conclude that goods-producing value chains (particularly automotive, as well as computers and electronics) are becoming more regionally concentrated, especially within Asia and Europe. Companies are increasingly establishing production in proximity to demand. Such value chains require just-in-time shipping operations. Borchard Lines continues to provide industry-renowned door-door timelines with over 93% on-time departures and arrivals.

With their initiative on schedule reliability, Hapag-Lloyd is tackling one of the main challenges faced by the global shipping industry. Container shipping is currently going through its worst operational crisis, in many years. Due to high demand, massive COVID-19-related restrictions and the Suez Canal incident in April 2021, the shipping industry has been forced to deal with major operational challenges, such as congested ports, ship delays and infrastructural bottlenecks. Transparency on th...

Colombia has joined the International Transport Forum (ITF) as the organisation’s 63rd member country. Ministers of transport from the 62 current member states, meeting virtually for their Annual Summit on 27 May, agreed unanimously to admit Latin America's third-most-populous nation to the world's only intergovernmental organisation with a mandate for all transport modes. Colombia is the organisation’s fourth member state from Latin America. The other member countries from the regi...

NAUTIS Simulators will take the maritime training suite a step further in 2021 by introducing autodidactic tools to aid in maritime training.  Maritime training methodologies have been evolving radically over the past couple of years and the reliance on autodidactic or self-training techniques has gained substantial admiration.  NAUTIS team at VSTEP is collaborating with Smart-Ship, a Delft-based start-up that specialises in Haptic Feedback technology Hence, the NAUTIS team at...

During the last month the AI assistant Stena Fuel Pilot has been successfully introduced on two more Stena Line vessels, Stena Flavia and Mecklenburg-Vorpommern. In total, 7 Stena Line vessels now operate with AI assistance, with the aim to reduce fuel consumption and CO2 emissions by 5 %. The Stena Fuel Pilot started as a pilot study on Stena Scandinavica on the Gothenburg-Kiel route back in 2018 with the task to investigate and explore how artificial intelligence can be used to support the ca...

As SITC 's practice of building a land-sea integrated supply chain service model in Indonesia, relying on SITC's long-term market development foundation and overcoming the impact of Ramadan and the epidemic, SITC Indonesia's Surabaya yard was officially put into operation on June 11. The Sishui Depot is mainly engaged in container storage, warehousing, container equipment repair and maintenance, and container transportation. Comprehensive logistics services Through a professional team and adv...

John O’Keeffe has been appointed as the new Head of Renewables, Americas. O’Keeffe, a former maritime Captain with vast experience in the U.S. offshore wind industry, will join Blue Water’s office in Houston after serving as Head of Marine Affairs North America at Orsted. Work experience John was an integral part of America’s first offshore wind farm at Block Island. Following that success, he built the first Marine Affairs team in the US offshore wind market to facilit...

Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in March, Hapag-Lloyd has now formally acquired all shares of the company after all responsible antitrust authorities had approved the transaction. Authority comment Hapag-Lloyd is noticeably increasing the number of employees on the ground in Africa “We are very excited about closing the deal and look forward to...

The foremost classification society ClassNK has published an onboard poster for ships titled "Issues after starting to use VLSFO," which outlines common main engine issues and recommended countermeasures when using Very Low Sulphur Fuel Oil (VLSFO) that complies with SOx regulations. Issues reported After the enforcement of regulations to limit sulphur content in marine fuel oil to 0.50% or less in 2020, issues when using compliant fuel oil are being reported occasionally. ClassNK compiled...

Speaking at Space Comm in Farnborough, United Kingdom, Rajeev Suri, Chief Executive Officer of Inmarsat, the front-runner in global, mobile satellite communications, will call on the UK space sector to innovate, to work together and across borders, to commit to sustainability and to use procurement decisions to grow the industry. Among five key recommendations to the gathered UK space sector, Mr. Suri will call for a ‘Net Zero’ equivalent for space to ensure the sustainability of th...

MSC Mediterranean Shipping Company takes its commitment to decarbonisation extremely seriously. However, this is a complex endeavour that requires commitment and a long-term vision. To reach net-zero future is a long journey that will take years and significant investments with strategic partners and enablers. Despite the disruptions to the supply chains and the huge demand for cargo transportation in an extremely challenging, congested and evolving market, the company continues to focus on...

ZIM Integrated Shipping Services Ltd. and Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp. announced a new strategic agreement for the long-term charter, with a monetary value of over $1.5 billion, of ten 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve across ZIM's various global-niche trades. In addition, in February 2021, ZIM and Seaspan announced a long-term charter agreement for ten 15,000 TEU LNG-fueled vessels.  Maintaining operational agilit...

The foremost classification society ClassNK has proclaimed its roles to support the transition of the shipping business to zero-emission.While efforts to build a decarbonised society are being accelerated such as through strengthened GHG reduction targets in various countries and with the progress of sustainable finance, a framework for assessing GHG emissions has also been introduced to MARPOL. The shipping industry is now required to plan and manage GHG emissions in an organised manner. I...

  A.P. Moller - Maersk announces that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. This will further enhance Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its customers. Seamless customer experience With its specialised expertise across freight modes (air, ocean, land) and...

“We are honoured to have a person of Ali Shehab’s stature joining our global team,” says Trond Hodne, Sales and Marketing Director, DNV. “Ali is joining us after a very successful 36-year career at KOTC, where he started as a cadet on board ships up to Chief Engineer and later ashore as a Superintendent then as Site Manager at HHI before taking on senior positions up to the role of acting CEO. DNV will benefit a lot from his extensive experiences, knowledge, and unique i...