Corporate News

Hyundai Heavy Industries Holdings (HHIH), a holding company of HHI Group, signed a memorandum of understanding (MoU) for cooperation in hydrogen and ammonia-related businesses with Saudi Aramco on March 3.   The MoU was signed by Kisun Chung, Vice President & Head of Management Support Office at HHIH, and Ahmad A. Al Sa'adi, Senior Vice-President of Technical Services at Saudi Aramco. Carbon zero process Hyundai Oilbank plans to cooperate with Saudi Aramco on the realisation of a &l...

BAE Systems will retain its key role in supporting the Royal Navy, at the Portsmouth Naval Base, with the company securing two contracts, as part of the UK Ministry of Defence’s (MOD) Future Maritime Support Programme (FMSP) competition. The contracts, worth up to £ 1.3 billion, over five years, will commence on October 1, 2021, following a transition period. BAE Systems – KBR Inc. joint venture BAE Systems will continue to deliver ship asset management, repair and maintenan...

RCL, with its partner ONE; is pleased to announce a revamp of its existing RLM service between Laem Chabang - Ho Chi Minh – Manila North. In the new rotation, the service will be extended to call Pusan, Qingtao, and Shanghai in addition to the existing rotation. The new rotation is Laem Chabang – Caipmep – Manila North – Qingtao – Pusan – Shanghai – Laem Chabang using 4 x 2,500 TEU nominal capacity. RCL will contribute one ship in this new rotation. The...

Ocean Network Express (ONE) unveils 2 new operating services, the China Thailand Philippines (CTP) and the China Indonesia Malaysia 2 (CIM2) further enhancing their Intra Asia network. CTP service The new CTP service an exciting transformation of the Thailand - Vietnam - Philippines (TPV) service is jointly operated by ONE and Regional Container Lines (RCL). The revamped service will provide one of the most competitive transit times in the market It is extended to include China and Korea por...

Spire Global, Inc. (Spire), a globally renowned provider of space-based data and analytics solutions, which recently struck an agreement for planned business collaboration with NavSight Holdings, Inc. (NavSight), has announced that Durjoy Mazumdar, the former Global Head of Enterprise Sales at The Weather Company, an IBM Business, has joined Spire Global as Sales Executive of Weather Solutions. Executing growth strategies Durjoy Mazumdar will report to John Lusk, Senior Vice President and Gene...

The new East Africa Service 3 (EAS3) will offer direct weekly sailings between China, South-East Asia, Kenya and Tanzania with very competitive transit times. It will be launched in late April enabling the customers to enjoy even better connectivity between Asia and East Africa. In addition, the EAS3 will offer excellent connections to Hapag-Lloyd’s global network via the hub ports of Singapore, Port Kelang and Shanghai. Seven 2,800 TEU vessels will be deployed in the service, including...

Retailo, the fastest-growing B2B e-commerce platform in the MENAP region, partners with Maersk, a global integrator of container logistics, for warehousing services in Pakistan.   Through this regional partnership, Retailo will be able to rely on Maersk for its ever-expanding business needs by getting access to purpose-built warehouses and expand the scale of its business. Retail sector incompetence The partnership with Maersk will help Retailo manage its large inventories as per...

Maersk Inc. North America has announced the start of a new service linking ports in Vietnam and China with the US East Coast via the Panama Canal, starting in May 2021. TP23 string and service The service will improve speed, reliability and coverage and integrate into US East Coast landside logistics offerings The TP23 string will include eight Maersk vessels and two from ZIM. The rotation is intended to be Vung Tau, Vietnam/Yantian, South China/Panama Canal /Savannah /Charleston/Newark, whi...

Propulsion Analytics, a Greek high-tech company that provides vessel and engine performance evaluation applications, and DNV have received funding from Innovation Norway, in order to develop a Condition Based Maintenance (CBM) application for ships. The project will result in an innovative CBM service for ships, with validated methods and accredited tools that merge thermodynamic modelling with artificial intelligence (AI), in order to diagnose machinery system faults and predict performance in...

The opening ceremony of Xiamen Oceanwide International Integrated Logistics Co., Ltd. (hereinafter referred to as "Xiamen Oceanwide") was grandly held in Xiamen on March 29, 2021. Mr. Yang Xianxiang, Vice Chairman, Executive Director, and Chief Executive Officer of SITC International, and Mr. Chen Chaohui, Deputy General Manager of Xiamen Port Holding Group attended the ceremony and delivered speeches. Witnessed by all the guests and shareholder representatives, the unveiling ceremony was open...

BAE Systems will provide installation, engineering, and sustainment support services, in order to ensure the continued safe operation of a U.S. military aircraft. BAE Systems was awarded a four-year US$ 42.5 million task order, by the U.S. Navy, to provide shore-based landing systems integration (LSI) support services, for instrument carrier and instrument landing systems (ICLS/ILS). Landing systems integration (LSI) services The new ILS service provides U.S. Navy pilots with increased guidan...

The Board of Directors of A.P. Moller - Maersk has decided to appoint Chief Technology & Information Officer (CTIO) Navneet Kapoor to the Executive Board with effect from 1 April 2021. The appointment is both a recognition of the role Technology plays for the transformation of A.P. Moller – Maersk, and the strategic leadership capabilities of Navneet Kapoor. Responsibility Navneet Kapoor leads the efforts to build competitive advantage from technology As CTIO, Navneet Kapoor leads t...

New research reveals that the UK's Dreadnought submarine programme supports tens of thousands of jobs across the UK. BAE Systems has for the first time revealed the significant contribution the Dreadnought submarine programme makes to the UK economy, supporting almost 30,000 jobs across the country. While nearly half of these jobs reside in the North West of England, the supply chain for Dreadnought extends to every region of the UK. Working with partners Rolls-Royce and the Submarine Delivery...

SITC in partnership with Nippon Express Co., Ltd. has announced the Vietnam-China-Europe New Land-Sea Corridor cross-border sea-rail combined transport container was successfully shipped from Vietnam, and arrived on March 8, 2021 by the New Land-Sea Corridor train. The cross-border business The cross-border business cooperation between Ritsu and SITC is a successful attempt to open up the cross-border sea-rail intermodal transport channel between Southeast Asia and Europe with the help of the...

Blue Water is a logistics supplier to the wind industry. Through an extensive network of global offices, Blue Water provides its clients with a variety of tailor-made services focused on the problem solving of their clients most complex supply chain needs. They are looking for a Regional Head of Renewables APAC that is overall responsible for maintaining, build upon and innovate Blue Water’s approach towards the on and offshore renewable/wind energy sector in Asia. Regional renewable en...

As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 5 container vessels with HHI (Hyundai Heavy Industries). The contract signing ceremony was held at Wan Hai Lines’ Taipei headquarters on 25th March 2021. The contract includes five (5) 13,200 Teu container vessels with HHI. These new vessel types will start taking delivery in the first quarter of 2023, respectively. Fleet renewal plan Currently, Wan Hai Lines operates a fleet of 74 owned...

In 2019, the Blue Water Group presented a record profit of 25.7M EUR. The Danish transport group continues its strong development and has recently introduced its annual accounts for 2020 showing a record profit of 25.8M EUR. New solutions and possibilities "We are very satisfied to deliver a record result in 2020 which has been an extremely unusual and challenging year for many companies including Blue Water. During the spring, we saw the first impact of COVID-19 resulting in a decrease in som...

MAN Energy Solutions has won the order to supply 10 × MAN B&W 7G80ME-GI Mk9.5 dual-fuel engines to a series of 10 × 300,000-dwt VLCCs distributed among shipowners, Advantage Tankers (4), AET (3) and International Seaways (3). Another new segment for the ME-GI, the new buildings will operate globally as charters for a major oil company. HSD Engine will construct the engines in Korea, while DSME will build the vessels, again in Korea. Bjarne Foldager, Senior Vice President and Hea...

MS Gann – which ran passenger services along the Norwegian coast as the Hurtigruten ship MS Narvik before conversion in 2007 – is operated as an upper secondary independent school, backed up by a facility onshore. The school annually educates 135 students in maritime-focused courses including Engineering and Industrial Production and Electrical Engineering, as well as delivering competence-based and statutory courses for the maritime industry. Extensive product portfolio Students...

There are many reasons why working at sea can affect couple and family relationships. These include financial pressures caused by unpredictable income; the physical hazards of working at sea; time spent away from loved ones; and not being at home for birthdays and anniversaries. That’s why The Seafarers’ Charity has made free Relate counselling available to all fishers, their families, and any UK resident working as a merchant seafarer. Understanding the challenges We un...

To improve the service network and provide customers with wider service lines, CULines will launch three Japan line services, during the upcoming spring season. The new Japan service lines will include Japan-Thailand-Vietnam JTVS, Japan-Taiwan express JTX, and Japan-Singapore-Malaysia JPX. Three Japan service lines will connect with CUL's other backbone network to facilitate express service of Japan-South China-Taiwan-Hongkong-Thailand-Vietnam-Singapore-Malaysia and service line of Japan-Port K...

The Methanol Institute (MI) today announced A.P. Moller - Maersk. as the association’s newest member company.  Maersk’s first carbon-neutral vessel will be a methanol dual fuel ship. It will have a capacity of around 2000 TEU and be deployed in one of its intra-regional networks. While the vessel will be able to operate on standard VLSFO, the plan is to operate the vessel on carbon neutral e-methanol or sustainable bio-methanol from day one. First dual vessel fuel Maersk has...

On the afternoon of March 20th,  the "COSCO Shipping Xing Wang" departed from Yantian International Container Terminal (YICT) with her "Yantian-Santos Brazil" Maiden Voyage.  This express service has been launched from Yantian to Brazil without any intermediate port by "COSCO Shipping Xing Wang", which will reach ECOPORT terminal within 35 days with full loaded cargo.  CUL and COSCO Special Line Service CUL and COSCO Shipping Specialized Carriers signed the "Strategic Cooperati...

From electronics to eels, from medicine to men’s fashion retail, Maersk transports everything. Grey containers stacked neatly atop each other, huge container vessels crossing the vast oceans, and the seven-pointed white star. All these come to mind when one thinks of global container shipping company Maersk. This is Maersk’s legacy, a legacy that is nearly 100 years old. Over the last four years, though, the company has taken a strategic decision to change course. Forward-looking a...

HMM is pleased to announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been built at the Ulsan shipyard of Hyundai Heavy Industries (HHI) and are scheduled to be delivered from this March throughout the second quarter of 2021. HMM Nuri’s deployment HMM Nuri will be deployed on the Far East Europe 4(FE4) route under THE Alliance’s product plan HMM...

Global safety solutions - Survitec has unveiled a new face covering with protective features designed to reduce the spread of viral and bacterial infection, helping maritime workers more confidently follow social distancing rules. Developed in cooperation with oil majors and asset owners, Survitec Protect 360 is a hydrophilic snood-type face covering that incorporates Polygiene ViralOff®, a self-cleaning textile treatment technology proven to reduce 99% of known viruses from adhering to mat...

In July 2020, two fully functional Maersk containers were skilfully painted with a rainbow to join Maersk’s fleet. On March 11, 2021, they embarked on their World Tour, set to end in Denmark for Copenhagen Pride 2021, stopping at several locations across Asia and Europe on their way.  The first part of the journey for the 40 and 20-foot rainbow boxes was aboard the Maersk Edmonton from APM Terminals Pier 400 in Los Angeles to APM Terminals Yokohama in Japan, where they arrived on Mar...

Following the successful maiden voyage of the South China Thailand weekend service (SCT) on March 7, CULines plans to launch the weekday service SCT2 on April 6, 2021. Port Rotation of SCT: Hong Kong – Nansha – Shekou - Laem Chabang –Bangkok – Laem Chabang – Hong Kong Port Rotation of SCT2: Hong Kong – Nansha – Shekou – Bangkok – Lam Chabang - Hong Kong Features: South China Bangkok direct service, two sailings per week. Dedicated...

Yang Ming Marine Transport Corp. (Yang Ming) held a naming ceremony for its 2,800 TEU class full container vessel, YM Constancy, at CSBC’s Kaohsiung shipyard on March 19th. The ceremony was officiated jointly by Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon. Mrs. Ho Shu-Ping, Director General of the Department of Navigation and Aviation, Ministry of Transportation and Communications was invited to officially name the ship during the ceremony and wished t...

A team of aerospace specialists has launched the world’s first in-flight emissions study using 100% sustainable aviation fuel (SAF) on a wide-body commercial passenger aircraft. Use of SAF on aircraft  Airbus, German research centre - DLR, Rolls-Royce, and SAF producer Neste have teamed up to start the pioneering ‘Emission and Climate Impact of Alternative Fuels’ (ECLIF3) project looking into the effects of 100% SAF on aircraft emissions and performance. Findings from t...