Corporate News

Rolls-Royce presents under the claim ‘Pioneering the journey to net zero’ new MTU marine solutions for propulsion, automation, and service at SMM, the international trade fair for the maritime industry, in Hamburg from 6 to 9 September 2022. NautIQ marine automation Rolls-Royce experts will take visitors on a journey toward climate neutrality from diesel engines with exhaust gas after treatment and gas engines to their use with sustainable fuels and hybrid systems to methanol engin...

This morning, the Advisory Committee for the Port of Sagunto, which includes the Sagunto City Council, the Port Authority of Valencia (APV), and the Valencian Regional Government, met, chaired by the Mayor of Sagunto, Darío Moreno. At the meeting, the bases were agreed upon for defining the competition of ideas for the port-city interaction project in the northern area of the Port of Sagunto, with the intention of launching the tender in September. Specifically, the uses and spatial scop...

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated the Expert Level Planning Team (ELPT) of the Agency to draft the National Maritime Security Strategy (NMSS) to sustain the Agency’s successes in the fight against piracy. Jamoh also commended the International Maritime Organisation (IMO) for its technical support to Nigeria by assigning facilitators to assist the country.  Security, Safety, and Shipping &nb...

International shipping accounts for approximately 3% of global Greenhouse Gas (GHG) emissions, and this will increase in a business-as-usual scenario. To decarbonise the maritime industry, there will be a massive need for green fuels and associated technologies. In particular, scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia are considered the most promising fuels for shipping’s energy transition. Author's quote “In the past years, the global maritime i...

A joint venture between Kier Group and Royal BAM Group NV will now refurbish Devonport’s 10 Dock, the first part of a £2bn overhaul of facilities at the UK’s largest dockyard. Babcock International Group Plc, which operates the yard, appointed Kier BAM Joint Venture (KBJV) after previously announcing a series of major infrastructure projects at Devonport. Major infrastructure projects During the next 10 years, new facilities will be developed at the site to meet the evolving...

Rolls-Royce announces that Tufan Erginbilgic has been appointed Chief Executive Officer and an executive director of Rolls-Royce Holdings plc. Tufan will take up his new role on 1 January 2023, succeeding Warren East who, on 24 February 2022, announced his intention to step down at the end of this year. Tufan, who has a background in engineering, has built his career in international business including over 20 years with BP, with five years as part of its executive team. In his last role before...

Hull City Council has published a decision record that will allow the council to open a tender to construct a permanent wet dock for the Spurn Lightship.  To berth the Spurn Lightship in Hull Marina for many visitors to enjoy, Hull City Council requires the services of a specialist contractor to deliver a wet berth on the northwest corner of Hull Marina, close to the Holiday Inn and Murdoch’s Connection. New dock A successful funding bid from National Highways for £1,044,725...

For 15 days, the Port of Valencia has welcomed a group of students from Argentina, Peru, Uruguay, Bolivia and the Dominican Republic from the ‘Train For Trade’ programme, organised by the United Nations Conference on Trade and Development (UNCTAD), who are being trained in port management by experts from Valenciaport and the Valencia port community. The closing ceremony of this course was attended by the president of the Port Authority of Valencia (PAV), Aurelio Martínez; the...

Maersk successfully completed the first India-Bangladesh cross-border logistics of containerised cargo using the inland waterways of the Indo-Bangladesh Protocol Route for Coca-Cola Bangladesh Beverages. By transporting 50 containers (TEUs or Twenty Feet Equivalent Units) from Kolkata in India to a river port near Dhaka in Bangladesh on a barge on the National Waterways 1 on the India side, Maersk has created a new opportunity for customers to use the faster, more reliable inland waterways solu...

“Carbon Capture on the Ocean” (CC-Ocean) project was conducted in cooperation with Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, Kawasaki Kisen Kaisha, Ltd. (“K” Line) and Nippon Kaiji Kyokai (ClassNK) has received the “Marine Engineering of the Year 2021 (Doko Memorial Award)” from the Japan Institute of Marine Engineering (JIME). The award was received in recognition of the world’s first marine-based CO2 capture...

A group of thirty master's students from the Delft University of Technology visits the Ports of Genoa as a model for best practices. Full immersion in Genoa on the part of a group of students in Marine Engineering, Naval Architecture, and Offshore and Dredging Engineering from The Netherlands on a study trip to Italy, organised by the Delft University maritime technology study association, with on-site inspections of Italy's ports and shipyards. Upcoming energy transition Delft University's v...

IMO Secretary-General Kitack Lim on Friday (22 July) welcomed the signing of an agreement between, the Russian Federation, Türkiye, Ukraine, and the United Nations to establish a humanitarian maritime corridor to allow ships to export critical cargoes of grain and foodstuffs from Ukraine. The agreement was signed in Istanbul, Türkiye after several weeks of talks. IMO participated as part of the UN delegation. Much-needed grain Mr. Lim attended the signing ceremony in Istanbul. "I am...

GoodFuels has successfully completed its first bio-bunkering for a large passenger ship. This was done in partnership with Carnival Corporation’s AIDA Cruises brand, marking an important step forward to achieving sustainability in the cruise industry. AIDAprima, a Hyperion-class cruise ship, was refuelled with GoodFuels’ sustainable biofuels during a visit to the port of Rotterdam. The trial took place while the vessel was on a seven-day cruise, visiting Hamburg, Southampton, Le H...

Maersk’s skillfully painted, the 40-feet rainbow container arrived in India earlier at the Ennore Port. The rainbow container started its tour of India on 21st July from Chennai and will travel through Bangalore, Pune, and Mumbai before ending the journey end of August at APM Terminals Mumbai at Jawaharlal Nehru Port. During the India tour, the rainbow container will make various stops at Maersk’s offices as well as pass-through prominent spots in the cities to create awareness and...

SBM Offshore is pleased to announce it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. Project loan The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee has been released. The project loan is in line with the duration of the...

The president of the Port Authority of Valencia (PAV), Aurelio Martínez, took part in an informative breakfast organised by ASECAM. Martínez indicated that “We are working on a new Strategic Plan for the Sagunto area which will involve the participation of the port community.” He assures that “We have to think about the future needs of the port and begin to study a new expansion of the Port of Sagunto.” The president of the Port Authority of Valencia (PAV),...

Ingeteam has started manufacturing the first units of its new INGECON H2 C-lyzer converter in Sesma (Navarre), for the Green H2 sector. The first orders for the green hydrogen converters will be installed in Belgium, California (in the United States of America - USA) and Bizkaia (Spain). INGECON H2 C-lyzer converters Ingeteam’s INGECON H2 C-lyzer converters are responsible for supplying direct current Ingeteam’s INGECON H2 C-lyzer converters are responsible for supplying direct c...

Mersey Maritime is delighted to announce the appointment of Commodore Phil Waterhouse to its management board with immediate effect. Commodore Waterhouse is the Naval Regional Commander for Northern England and the Isle of Man. As such, he is the First Sea Lord’s Ambassador for the region, with the task of ensuring that the work of the Royal Navy is understood, respected and valued by the community it serves. He has been in this role since 2017. New appointment in Mersey Maritime Board...

ClassNK will add the function for SEEMP Part III development to its ClassNK MRV Portal on 2 August 2022. With the start of the Carbon Intensity Indicator (CII) rating in 2023, it is required for ships of 5,000GT and above engaged in the international voyage to develop a ship operational carbon intensity plan (SEEMP Part III) with the IMO designating format, which should include CII calculation methodology, required CII values over the next three years, an implementation plan for achieving the r...

A new report published by Inmarsat, the pioneer in global, mobile satellite communications, highlights the role of the International Maritime Organization’s (IMO) 2021 cyber risk management code in providing a framework for cyber resilience but warns that there is more to combating attacks than compliance alone. Compiled by maritime innovation consultancy Thetius, Beyond Compliance – Cyber Risk Management After IMO 2021 encourages proactivity in preventing and mi...

Starting in July 2022, two of PIL’s services, South West Africa Container Services or SWS, and the recently launched West Coast South America 6 or WS6, would be calling at the new Busan Container Terminal (BCT) in Korea. BCT is also known as Pier 6 at Busan New Port. Faster vessel turnarounds Mr. Abhishek Chawla, General Manager, Operations and Procurement, PIL, commented, “Adding Busan to our network, PIL would be providing an expanded coverage to Africa, Latin America, Red Sea/Mi...

Global law firm Norton Rose Fulbright is advising KfW IPEX-Bank GmbH on the sale of the luxury cruise ship ‘Crystal Endeavor’ to Royal Caribbean Group (RCL), after the ship was arrested in Gibraltar earlier this year following the insolvency of Genting Hong Kong Limited (GHK) and Crystal Cruises, LLC (Crystal Cruises). The firm is also advising on the associated financing to RCL for the ship’s purchase. The financing comprises a 15-year unsecured term loan, guaranteed by the G...

Energy & Project activities continue to grow for Blue Water, especially in the Asia-Pacific region. Recently, the company signed a contract with BW Offshore (BWO) for the supply of logistics and freight forwarding services, including break-bulk and heavy lift transportation. “Entering this agreement is a testament to our customer-focused mindset, in-house competencies, and know-how as well as execution expertise, enabling us to consistently provide quality, reliability, and value-addi...

On 13th July 2022, the Chairman & CEO of CULINES Mr. Raymond Chen visited Saigon Newport Corporation (hereinafter referred to as SNP) with team members of Network Planning & Cooperation, Trade, and Operation. President - Mr. Thuan and Vice President - Mr. Quy of SNP, along with Department Directors welcomed CULINES and held a meeting. During the meeting, the two parties exchanged ideas on deepening cooperation in areas such as shipping and value-added logistics services. Both will as al...

Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded two contracts worth approximately €250 million by Red Eléctrica (Red Eléctrica de España, S.A.U.), the Transmission System Operator of the Spanish power grid, for the development of two projects: a submarine power interconnection between the islands of Tenerife and La Gomera and another submarine power interconnection between the Spanish mainland and Ceuta (a Spanish city on the...

SCH’s (Southampton Cargo Handling Plc) sister company - Cruise and Passenger Services Ltd (CPS) has expanded its cruise parking operations in Liverpool, United Kingdom (UK), with the acquisition of a new secure compound for passenger vehicles. The site located adjacent to Liverpool Cruise Terminal (LCT) can accommodate over 100 cars and will enhance the service provided by LCT for passengers who are boarding cruise ships in the port of Liverpool. Cruise and Passenger Services Ltd (CPS)...

SEE MONSTER, a decommissioned North Sea offshore platform that is set to become one of the UK’s largest public art installations, arrived by sea in Weston-super-Mare on Tuesday, 12 July. The transformation of the platform is a world-first that aims to inspire global conversations about the repurposing of large industrial structures and design-led solutions to sustainable futures. Transport and construction The 450-tonne platform will be transported on a flatbed barge as large as a footb...

The order income consists of a healthy mix of recurring business with existing customers and new customers that will utilise the HUGIN platform in their operations. The use of AUVs is a vital piece in the technology puzzle that must be solved to enable sustainable oceans. The vehicles can operate autonomously over a long period of time and collect environmental data, performing multiple survey operations for multiple applications in a cost-effective way compared with conventional surveys. Comp...

Pacific International Lines (PIL) is pleased to announce the launch of two new initiatives which would further enhance its operational efficiencies and strengthen the capabilities of its sea crew in navigation safety. 1) PIL Centre for Maritime Efficiency (CME) The first initiative launched is the opening of its new Centre for Maritime Efficiency (CME). The key role of CME is to enable PIL to grow its competencies in managing ship and fleet energy-efficiency performance as part of PIL&rsqu...

DESMI has installed, approximately, 700 OptiSave™ systems which altogether have generated accumulated CO2 reductions corresponding to 1-million-tonnes CO2. This equals what a 16,000-hectare Rain Forest consumes a year. DESMI's Energy Saving Solution, named OptiSave™, offers simple power management for energy efficiency compliance. When installing a pump, the normal procedure is to have it run at full speed; however, with the OptiSave™ system installed, the pump will save fuel...