Corporate News

DNV and Singapore's Maritime and Port Authority (MPA) have agreed to continue their collaboration on decarbonisation and digital innovation in the maritime industry. Kenneth Lim, Assistant Chief Executive (Industry and Transformation), MPA, and Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, Maritime at DNV, signed a Memorandum of Understanding (MOU) to renew their partnership at the Singapore Norway Innovation Conference. The three-year MOU will herald a n...

As the maritime industry is undergoing major transformations driven by the twin ambitions of carbon emissions reduction and digitalisation, the MOU seeks to enable close cooperation between ship owner and charterer with the aim of achieving further energy efficiencies and GHG savings through improved voyage data collection, verification and sharing via DNV’s Veracity data platform in collaboration with the industry partners’ digital management systems. With tightening environmental...

SAFE Boats International announces production partnership with West Palm Beach, Florida-based autonomous maritime technology provider, Mythos AI.  SAFE Boats has delivered a purpose-built Porter 78S workboat to Mythos AI which will be showcased at the 2022 International WorkBoat Show. The aluminium-hull, outboard-driven Porter 78S survey boat, built under an exclusive licence agreement with Stormer Work Boats of the Netherlands, is specifically designed for the integration of Mythos AI&rsq...

Global law firm Norton Rose Fulbright has advised BNP Paribas, Cassa Depositi e Prestiti, a syndicate of lenders, and SACE on the partial financing of four new cruise vessels for Viking Ocean Cruises.  The financing consists of four export credit loan facilities, which are together worth over $1.5bn and are backed by the Italian export credit agency SACE. The ocean-going passenger cruise vessels are being constructed at Fincantieri S.p.A., with the first of the vessels - Viking Neptun...

The steel cutting ceremony of Ulstein Verft’s yard number 318 was carried out at the hull yard, Crist, on 18 November, 2022. The vessel is the first of two offshore wind newbuilds for the Norway-based ship-owner - Olympic, and both are planned for delivery in 2024. The steel cutting is the first milestone in a shipbuilding project and symbolises its start-up. Marius Bergseth, the Chief Operational Officer in Olympic executed the first cut. Vessels based on based on SX222 CSOV design The...

Maritime UK is launching Version 6 of the Industry Code of Practice for Maritime Autonomous Ship Systems on 18 November, 2022. The accelerating pace of change in maritime autonomy has required updated guidance for those owning and operating Maritime Autonomous Ship Systems (MASS). While not a legal text, the Code has been used by manufacturers, service providers, and others as part of their day-to-day work. Many manufacturers have reported clients requiring compliance with the Code as a basis f...

At Blue Water, they focus on creating customer solutions that enable minimization of carbon footprint from transport and logistics provided by them. “We aim to be our customers’ supplier and partner of choice. This includes offering and advising on solutions improving the sustainability and efficiency of the supply chain. Therefore, we are always searching for the best available solutions allowing CO2 reduction and matching our customers’ needs,” says Per Jakobsen, Busin...

DNV and China Merchant Industry (CMI) have agreed to establish a Joint Technical Innovation Centre to explore new technologies that promote the decarbonisation and digitalisation of shipping. The Centre's official launch came amid a high-profile signing ceremony between DNV and CMI executives at the 2nd World Maritime Merchants Forum 2022 (Shipbuilding Subforum), hosted by CMI in Shenzhen, China. Maritime decarbonisation and smart digital technologies Located at CMI's Shenzhen office, the Cen...

Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded an approximately €150 million contract by Greek electricity grid operator IPTO (Independent Power Transmission Operator) to link the islands of Milos, Folegandros, and Santorini. The contract will be finalised within 2022, following the customary approvals from the authorities involved. Energy integration This connection is part of Phase D of the Cyclades’ electrical interconnection tha...

As part of Hempel’s participation at COP27, Executive Vice President, Head of Marine at Hempel A/S, Alexander Enström, will join conversations on how to accelerate the decarbonisation of the shipping industry. Hempel will also showcase solutions that can help achieve measurable results in that regard. The shipping industry is responsible for three per cent of global GHG emissions every year. The good news is that the necessary technologies to achieve a significant emissions reduction...

MPC Container Ships ASA (the ‘Company’), is pleased to announce the appointment of Moritz Fuhrmann as the new Chief Financial Officer (CFO), commencing December 1, 2022. Mr. Fuhrmann will succeed the current Chief Financial Officer, Dr. Benjamin Pfeifer, who has resigned his position to pursue new opportunities. New CFO appointed Moritz Fuhrmann brings to MPC Container Ships ASA - a strong background in finance and shipping Moritz Fuhrmann brings to MPC Container Ships ASA - a st...

Kongsberg Defence & Aerospace (KONGSBERG) and Lockheed Martin signed a contract for KONGSBERG’s support of the delivery of the TPY-4 radar to Norway for the Norwegian Radar Sensor (NORSE) Project. Through this ca 900 MNOK contract, KONGSBERG will be a significant partner and subcontractor to Lockheed Martin for the deliveries to the NORSE project. The KONGSBERG scope of delivery includes hardware, software and final assembly and test of the TPY-4 radar systems before installation at t...

A new report from the Global Maritime Forum, prepared on behalf of the Getting to Zero Coalition, assesses progress towards the development of Green Shipping Corridors, and maritime routes between major port hubs where zero-emission solutions are supported and demonstrated and finds that activity during 2022 exceeded expectations. Green Shipping Corridors However as maritime Green Shipping Corridors progress towards implementation, some key industry stakeholders, especially cargo owners and fu...

Swedish travel company, Stena Line Travel Group AB, has announced that they have acquired Voigt Travel Holding, the winter holiday specialist for the Nordic region. The deal brings Voigt Travel, the well-known Dutch travel brand, as well as sister companies Scandinavian Wintersports, and Ruka Safaris, into the Stena Line Travel Group alongside the successful Dutch travel company Buro Scanbrit, which has been a part of the Swedish company since 1986. All companies will continue to under their ow...

To the PwC Denmark event for this year’s owner-mangers, Kurt Skov was awarded the ‘Hero of the Year 2022’ prize in the Southern Jutland region, Denmark. The award is characterised by a special focus on social impact which Kurt Skov has demonstrated over the years. When Kurt Skov in 2007 handed over 75% of the company-ownership to the Blue Water Foundation, it was with the primary purpose to secure future ownership as well as supporting good purposes in the spirit of Blue Water...

Maritime spaces are increasingly becoming potential sources of conflict. With 90% of goods around the world being transported by sea and 98% of digital data transiting through submarine cables, plus the vast array of marine life, energy, and mining resources, maritime spaces are more than ever becoming strategic assets. At Euronaval, starting 18 October 2022, Airbus will show the many range of ways their teams are pioneering to help protect these critical areas. Several dedicated systems 70.8...

Air Products and Mabanaft, through its subsidiary Oiltanking Deutschland, announced their intention to build Germany's first large-scale, green energy import terminal in the Port of Hamburg. This joint development agreement is an important step towards the development of a green ammonia import and distribution infrastructure in the Port of Hamburg. The project was announced at a ceremony in Hamburg, which was supported by German Federal Minister for Economic Affairs and Climate Action Robert...

Fred. Olsen Cruise Lines’ Borealis has completed a multimillion-pound refurbishment programme at Cammell Laird shipyard, Birkenhead, becoming the first cruise liner to undergo work at the site for over 25 years. Borealis arrived on 28th October, for a 14-day refurbishment, including steel repairs, an overhaul of the shafts and propellers as well a new application of underwater paint, supported by more than 150 members of Cammell Laird’s workforce. Borealis ship sails out of Cammell...

In the first nine months of the year - 2022, the maritime industry in the Port of Hamburg handled 91.8 million tons of seaborne cargo, a 4.3 percent drop on the previous year – 2021. Also down 7.4 percent at 27.5 million tons, handling of bulk cargo was especially hard hit. In comparison with the rest of Europe, container handling held up well. At 6.3 million TEU - 20-ft standard containers - for the Port of Hamburg - the downturn was 2.7 percent. By contrast, conventional general cargo h...

FESCO Transportation Group expands the range of services in the structure of the FESCO Supply Chain by adding a new service FESCO Flexi for the transportation of bulk liquids in containers using sealed flexitank liners. Within the framework of FESCO Flexi goods can be dispatched via rail, sea, and intermodal services of the Group both in domestic and international directions, including to countries of East and Southeast Asia, Turkey, Egypt, Africa, and South America. Providing necessary equipm...

A new report compiled by maritime innovation consultancy Thetius makes a compelling case that shipping companies seeking to meet current and emerging challenges facing the maritime industry will benefit from a strategic approach to connectivity. Published by Inmarsat, a pioneer in global, mobile satellite communications, ‘The Network Effect: Strategising Connectivity at Sea for Maximum Impact’ also provides guidance on effective connectivity framework strategies. Condition-based ma...

Global travel and events management business, the ATPI Group, has called on fellow travel management firms to up their game when it comes to managing carbon emissions for clients.  The TMC says it is time for TMCs to start supporting shipping clients in addressing their travel-related CO2 emissions. It is important to ensure any offsetting offered is in conjunction with reduction strategies to ensure avoidance of any green-washing, and also that any carbon offset projects are of the highes...

A new mandatory safety code for ships carrying industrial personnel – aimed at ensuring the safety of people transported to work on offshore facilities including wind farms – has been adopted by IMO's Maritime Safety Committee (MSC 106), which met from November 2 to November 11, 2022. The new Chapter XV of the International Convention for the Safety of Life at Sea (SOLAS) and the associated new International Code of Safety for Ships Carrying Industrial Personnel (IP Code) were devel...

Kongsberg Maritime has won a NOK 300 million contract with Pelagic Wind Services to supply advanced vessel design and equipment for two new CSOVs to be built at Cochin Shipyard in India. The CSOVs will be built to Kongsberg Maritime’s UT 5519 HL design, which has been upgraded to provide the highest level of operability and safety, while lowering fuel consumption and maintaining excellent sea-keeping properties. New CSOVs with UT 5519 HL design The new vessels will be able to operate sa...

Viasat and TrellisWare will promote their new collaborative approach at the Military Communications and Information Systems (MilCIS) conference and expo in Canberra, Australia, between Nov. 15-17, 2022. The companies first announced this strategic collaboration and vision for a holistic offering during the Oct. 4 Land Forces exhibition. Tactical communications solutions Together, Viasat and TrellisWare aim to offer the Australian Defence Force (ADF) and New Zealand Defence Force (NZDF) &...

In November the shipping company SUN Line Shipping introduced a brand new Rotterdam ˗ Stockholm ˗ Hull container service route. This means that Stockholm Norvik Port now has two new destination connections, further strengthening the port’s status as an important logistics hub in the Greater Stockholm area. The new Rotterdam ˗ Stockholm ˗ Hull container service route was inaugurated on 11th November. Shipping company SUN Line Shipping, a subsidiary of ThorSvecon Group AB (TSG AB), has incr...

In Mersey Maritime’s 20th anniversary year, the North West and national maritime industry came together on Thursday, 10th November 2022 to celebrate the sector at the 8th Annual Mersey Maritime Industry Awards. The event, which was held at Liverpool Cathedral, was the biggest and most high-profile yet, with some 600 guests present drawn from across the UK and beyond. Preparations for the awards saw over 100 individual applications on behalf of more than 50 different businesses and organ...

In rural Hidalgo, Mexico deep in the Sierra Madre mountains is a community rich in indigenous culture, and biological and linguistic diversity, but largely disconnected from the rest of the world. PSYDEH Recently, Viasat donated internet services, solar units, and more than 40 laptops to PSYDEH (see-day), a non-governmental organisation working to educate and empower marginalised indigenous women to lead social change in the region. With the boost that comes from Viasat’s technology, PS...

Leading lifejacket provider Crewsaver, a Survitec brand, is spearheading a fundamental shift in how it designs and produces its Survival Technology by embracing a circular product lifecycle. The lifejacket specialist has adopted a three-pronged approach to decrease its environmental impact commencing with the forthcoming release of its new high-performance lifejackets to be showcased this week at Metstrade in Amsterdam. Arriving in 2023, Crewsaver’s new EXO lifejackets include the abilit...

CMA CGM informs its customers that its SIRIUS service connecting the Mediterranean with East Coast South America will cease to call in the Brazilian port of Itajai. Whilst the withdrawal of this port is due to circumstances out of CMA CGM control, it will assist in improving the schedule reliability for the future. The last vessels calling at Itajai will be the following: Southbound: m/v "SAN VINCENTE" voy. 0NSDFS1MA, ETS Tanger November 21st, 2022 - ETA Itajai December 10th, 2022. Northbou...