Corporate News

Ahlsell has signed an agreement to acquire Solelgrossisten Sverige AB, a company dealing purely in solar energy, charging and energy storage. The company’s annual turnover 2021 amounted to SEK 95 million and they are in a strong development phase. Solelgrossisten is a pioneer in its field and over the years they have developed a broad experience and in-depth technical and digital expertise. The company’s head office and warehouse are located in Tomelilla, and sales offices are also...

MAN Energy Solutions has won a fourth order to supply engines to Chinese shipbuilder, COSCO Heavy Industries, in Qidong to construct a second F-Class installation vessel for installing offshore wind turbines and foundations. The previous three orders were for engines for two X-class and another F-class vessel. All four vessels are bound for a Danish service provider, Cadeler, which specialises in offshore wind transportation, installation, operation, maintenance, and decommissioning. The four v...

With the aim of enhancing its Intra-Asia network, Pacific International Lines (PIL) is pleased to announce the launch of a new weekly direct service, the South China Philippines (SCP) service, which connects ports in South China to the Philippines. SCP service Commencing 3 January 2023, the SCP service will provide weekly sailings which offer comprehensive coverage of the ports in South China – Xiamen, Nansha, and Shekou, and link them to Manila and Cebu in the Philippines. SCP will be...

Global law firm Norton Rose Fulbright has advised a pool of lenders on a SACE-backed shipping financing for the construction of the largest ever cruise ship to be built in Italy, MSC Seascape, built at Fincantieri, Italy. MSC Cruises took delivery of MSC Seascape on 16 November 2022. The ship arrived in New York on 5 December, with her first sailing from Miami taking place this week. Expansive waterfront promenade MSC Seascape is the sister ship of MSC Seashore – also built at Fincantie...

The Northern Lighthouse Board (NLB), the General Lighthouse Authority for Scotland and the Isle of Man announced on 12 December 2022, the Award of a £51.8 million contract to Spanish shipyard Astilleros Gondán S.A, for the build of a state-of-the-art hybrid powered ship to support its vital safety service to mariners. Gondán is a well-established and highly respected family business with a track record of delivering quality vessels.  The tender includes a commitment to...

Eco Wave Power Global AB announced that the energy conversion unit, formerly deployed in Gibraltar, has officially arrived at its new home, AltaSea at the Port of Los Angeles, United States, where it will be installed as a pilot station in the coming months. This is the first U.S. location for Eco Wave Power’s technology, which is already deployed in Israel with plans for further deployments in Spain, Portugal, Turkey, and other locations, as part of the Company’s current 404.7 MW...

The main international media of the port sector have echoed the approval by the Board of Directors of the Port Authority of Valencia (PAV) of the construction project of the Container Quay of the North Extension of the Port of Valencia. An initiative that will strengthen the position of the Valencian precinct as one of the strategic port hubs of world reference and one of the main ones in Europe. Approval for new container terminal  Specifically, the European, American, and Asian secto...

OXE Marine AB has signed an agreement with Nimbus Group for the supply of engines. The agreement means that OXE Marine’s industry-leading diesel-powered outboards are an available option for Nimbus Group’s customers to power their boats. Acknowledging the technology Currently, Nimbus Group’s customers have only been able to choose diesel inboards, but with the new agreement with OXE Marine, their offer is broadened even further. "Nimbus Group is one of the Nordics' leading b...

As the representative body of Liverpool city region’s £5bn maritime sector, Mersey Maritime is now helping to grow the sector across the UK. Mersey Maritime is leveraging its reputation as the UK’s maritime cluster to help grow the sector across the country. Critical role cluster organisation From its headquarters in Birkenhead, close to the River Mersey, Mersey Maritime is the voice of Liverpool city region’s £5bn maritime sector. Among its membership are hundre...

MPC Container Ships ASA is pleased to announce new measures for portfolio optimisation and capital allocation. The Company has entered into agreements to sell vessels Carpathia and AS Cleopatra as well as commercial agreements for the early redelivery of vessels AS Carlotta and Carpathia, against cash compensation. Following the sales of Carpathia and AS Cleopatra, MPCC will have reduced the number of joint venture vessels from 8 to 3 since Q4 2021. AS Carlotta will remain fully owned and ope...

£45 million in funding to maintain the UK’s state-of-the-art fleet of research vessels has been announced by Maritime Minister Nusrat Ghani. The £45 million contract, awarded to Babcock International by the Natural Environment Research Council (NERC), is a key component of the Government’s National Shipbuilding Strategy, boosting investment in the prestigious UK shipbuilding industry. Maintenance and upgrades will be carried out on RRS Sir David Attenborough, RRS Discov...

The Chair and Trustees of the General Council of The Seafarers’ Charity are pleased to announce the appointment of Deborah Layde as Chief Executive. Deborah is currently Director of Impact at The Seafarers’ Charity and has played an instrumental role in delivering positive change for seafarers. Working with the Senior Leadership Team and Trustees she has moved the charity from a reactive organisation to one which understands the root cause of problems and develops solutions. Excel...

President Muhammadu Buhari, GCFR, has approved the immediate disbursement of the Cabotage Vessel Financing Fund, CVFF, to qualified Nigerians as part of the Federal Government’s commitment to growing the indigenous capacity of Nigerians to own vessels. The Honorable Minister of Transportation, Engineer Mu’azu Jaji Sambo announced at a press conference that the Presidential approval received by the Ministry confirmed Union, Zenith, Polaris, UBA, and Jaiz Banks as the appointed Prim...

In April 2022, committed to creating a virtual e-learning platform and seafarer training centre in the Panama Republic, PAMEL purchased the NAUTIS simulators.  VSTEP will help PAMEL to maintain its leadership position as an innovative education provider and expand internationally with the commitment to articulating the theoretical and practical components according to the STCW Convention.  Value of a new training centre The Seafarers Training Center Panama Maritime E-...

20,000 businesses will face due diligence requirements from the EU’s Corporate Sustainable Due Diligence Directive (CS3D) which is due to come into force in 2024. This follows Germany’s Lieferkettengesetz (Supply Chain Act) which will take effect in 2023 and Norway’s Åpenhetsloven (Transparency Act) which became law in July 2022. These state-specific rules add to the list of those from other nations like Australia, France, and the UK, which have released similar regulati...

MAN Energy Solutions and Anglo-Eastern Ship Management Ltd. (Anglo-Eastern) recently signed a cooperation agreement regarding a so-called ‘Innovation Partnership’. Under the terms of the agreement, the two parties will – on an ongoing basis – exchange data and knowledge regarding the daily operation of engines, engine performance and maintenance, testing of digital products, development and creation of software, algorithms, and APIs, among other areas. ‘Innovation...

A first Annual Report focused on the delivery of a joint project to support regional growth within the maritime sector has been launched at the latest meeting of the Maritime UK National Council chaired by its Patron, Her Royal Highness - The Princess Royal. The meeting took place at Watermen’s Hall, in London, United Kingdom (UK), on Wednesday, 07 December 2022. Regional Growth is one of the five identified priority themes of Maritime UK, which in turn correspond to key ambitions set out...

With the signature of Ocean Alliance Day 7 Product, the CMA CGM Group continues to support its customers’ business, by expanding its range of services to serve more ports, with direct calls and improved transit times starting from January 2023. The Group’s customers will reap the benefit of an optimised, highly competitive offering built on: 353 containerships, of which 125 will be operated by the CMA CGM Group, which continues to play a leading role within the alliance; 40 serv...

The CMA CGM Group, a global player in sea, land, air and logistics solutions, has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc. (GCT). Two major US East Coast terminals The Port of New York and New Jersey is a key entry point serving the Northeastern U.S. supply chain areas and represents CMA CGM’s largest gateway on the U.S. East and Gulf Coasts. The Bayonne and New York terminals, with an existing combined ca...

Singapore Shipping Association (SSA) and ClassNK have signed a MoU (Memorandum of Understanding) to establish a framework for cooperation in cyber security research activities. Cyber security has been acknowledged by the maritime industry as a key element to keep ships safe during operations, and to ensure its solid and steady digital transformation in coming years. Singapore, being a global maritime hub that connects regional and global markets, is ideally positioned for such research activiti...

DNV Supply Chain & Product Assurance has expanded its portfolio of sustainability services to help businesses implement solutions and provide the necessary third-party verification required by EU regulators. The EU Green Deal is the conclusion of a series of developments in terms of sustainability started by the Kyoto Protocol, the first carbon reduction scheme in 1997, which involved the EU nations. These regulations raised a trillion Euros to enable countries to invest and transition into...

The Marine Fuels Alliance (MFA), a network of independent bunker suppliers, announces a partnership with Windward, the Maritime AI™ company, to overcome the evolving challenges of compliance, screening and environmental risk. As part of the partnership, Windward will provide its expertise through educational sessions and will offer a bespoke package of AI-powered solutions to MFA members, enabling them to better manage and stay ahead of risk by automating and optimizing due diligence proc...

The Belledune Port Authority (BPA) has signed a Memorandum of Understanding (MOU) with Germany’s largest seaport, the Port of Hamburg, to collaborate on the movement of dry and liquid bulk commodities, and manufactured products, between Canada and Germany, with a focus on clean fuels and green products. The Port of Hamburg, located on the River Elbe, about 100 kilometres from the river’s mouth on the North Sea, is positioned as Germany’s major foreign trade hub with up to 450...

PD Ports has welcomed the first vessel call on a brand new, dedicated, service from Spain and Portugal into Teesport, United Kingdom. The Kristin Schepers, a vessel capable of carrying 800 containers, arrived at Teesport on Tuesday, after a four-day sailing from Aveiro in Portugal to discharge containerised cargo for onward distribution via PD Ports’ dedicated road haulage fleet. New route into Teesport We’re delighted to be welcoming Ellerman City Liners to our roster at Teesport...

Sociedad Puerto Industrial Aguadulce (Puerto Aguadulce) has reached a new milestone with its recent handling of CMA CGM ARGENTINA – the largest-capacity vessel to arrive in Colombia’s main port - Buenaventura. The milestone highlights Buenaventura’s position as a strategic port city for the country’s foreign trade with the Asia-Pacific region and the world. Milestone for Colombia’s Buenaventura port This news has great significance not only for the national port...

Sameeha Pradeep Sule is already experienced in Indo-German exchange. During the past three years, she has been part of several intercultural projects of the Indo-German Chamber of Commerce. In 2020, she began supporting the Hamburg Representation Mumbai (HRM). In October 2022, the economist took over management of the HRM which also represents Port of Hamburg Marketing. Her predecessor Lea Miram is leaving India after four years and returning to Germany. Important trading partners Since 2011,...

WE Tech has commenced an agency agreement with Monaco Shipping Services SARL (MSS) for the Monaco and Italy markets. The official document was signed on December 2, 2022 at MSS’ office in Monte Carlo, Monaco. WE Tech – MSS partnership The companies will together serve the future needs of Monaco and Italy’s shipping industry. The upcoming IMO regulations (EEXI and CII) strongly focus on reducing GHG emissions and improving the performance of ships, hence there will be huge mar...

Partners have signed an agreement to investigate the possibility of establishing transport of CO2 from biogas plants in North Denmark, temporary storage facilities in the Port of Hirtshals, and shipping to the North Sea, where the CO2 will be injected into the subsoil. The project, named Greenport Scandinavia, thus involves the entire value chain for Carbon Capture and Storage (CCS). Green transition "It is a fantastic project that we at Blue Water are delighted to be a part of. We are transp...

Neptune Energy and its licence partners have announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. Preliminary estimates are between 1 - 3.5 million standard cubic metres (MSm3) of recoverable oil equivalents, corresponding to 6 - 22 million barrels of oil equivalent (boe). Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf. Calypso – new discovery in the Norwegian Continental Shelf These near-field disco...

On 1st January, 2023, Magdalena Bosson will become the new Chief Executive Officer (CEO) of the Ports of Stockholm. With many years of experience within the Stockholm City Council, she takes over the helm and will continue the development of the Ports of Stockholm. On 1st December, Stockholms Hamn AB’s Board of Directors appointed Magdalena Bosson as the new Chief Executive Officer (CEO) of the Ports of Stockholm. Extensive industry experience I am very happy to announce that Magdalena...