Corporate News

MAN Energy Solutions has signed a Letter of Commitment (LOC) with the ship manager, Anglo-Eastern, at its Hong Kong head office to supply its Overridable Power Limitation (OPL) solution, including service installation, to meet the impending IMO MARPOL VI EEXI regulation. In preparation for the upcoming EEXI regulation, MAN Energy Solutions developed retrofit solutions to satisfy vessels in need of an OPL scheme, both for MC- and ME- engines. Electronically-controlled engines Early in the proc...

The CMA CGM Group, a global player of shipping, land, air and logistics solutions, recognizes the global importance and urgency of healthy oceans and is committed to continuing with its efforts to ensure that our oceans are used sustainably, as well as ensuring that shipping services are ever more respectful of the environment. Committed to protecting the oceans This involvement of the CMA CGM Group is reflected in particular by the Reef Recovery programme, to restore coral reefs. These coral...

On UN World Oceans Day, SBMers around the globe take the opportunity to reflect on the role that the oceans play in connecting, sustaining, and supporting.  At SBM Offshore, the oceans are extremely important, as they are at the core of its business. Reef Balls project SBM Offshore is working hard to support SDG14, 'Life Below Water', by setting long-term targets to help protect the oceanic ecosystem. Among other initiatives, one example of the actions SBM takes is the Deep Panuke decom...

Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of the $8 billion-valued supply chain software startup Flexport. Clark, whose resignation surprised observers, finishes up as CEO of Amazon’s massive Worldwide Consumer division last day on July 1, 2022. And on September 1, 2022, he will take over as Flexport’s co-chief executive, alongside Flexport founder Ryan Petersen. Flexport plans for the 49-year-old Clark to become the company’s sole...

Neander Motors has broadened its US distributor network by partnering with Boatswain’s Locker, a supplier of marine propulsion engines to commercial marine customers.  Boatswain’s Locker was established in 1939, operating as one of the original boatyards in Newport Beach, California. Since then, it has shifted location to Costa Mesa and evolved to become a wholesale marine engine distribution and service business.  One-stop-shop solution Boatswain’s Locker will add...

DNV signed two Memorandum of Understanding Agreements (MOUs) with Samsung Heavy Industries (SHI) and Kongsberg Digital (KD). Efficient and standardised data access The partners agreed to closely cooperate on improving DNV’s data infrastructure verification as well as further strengthening SHI’s and KD’s respective vessel and system design when it comes to providing efficient and standardised data access for ship owners. The MOUs were signed at the Posidonia trade fair in Ath...

In a joint technical seminar held during the Posidonia trade fair, shipyard Hyundai Mipo Dockyard (HMD), ship service company Hyundai Global Service (HGS), and classification society DNV presented the results of a joint industry project (JIP) on eco-friendly marine solutions that can help shipowners and managers to comply with tightening environmental regulations. The results of the second phase of the “Green tankers towards 2050” project explore the possible options for a 50,000 DW...

The world of logistics has become more and more interlinked, with disruptions, bottlenecks, and conflicts resulting in delays, affecting trade across the globe. Whilst these situations are often outside of the realm of the company’s control, working with a partner that cares about the business goals and can provide integrated end-to-end solutions like Maersk, means a company can infuse more visibility and resilience in their supply chain. Leading the way forwards As a company that is co...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has acquired Approval in Principle (AIP) from the French classification society Bureau Veritas (BV) for a spherical cargo tank system for liquefied CO2 (LCO2) carriers. A presentation ceremony was held on June 7 at the Metropolitan Expo exhibition centre in Athens, Greece, venue for the international shipping exhibition Posidonia 2022. LCO2 carriers LCO2 carriers transport liquefied CO...

VSTEP announces that Viking Cruises has chosen to facilitate their professionals with VSTEP’s state-of-the-art and CESNI-compliant simulation products. With this partnership, Viking Cruises enables learning by simulation at a large scale for all their sailing professionals. Viking Cruises is facing, like many other inland shipping companies, a shortage in personnel. By investing in their own simulation solutions, they gain control over their learning paths and reaching their training obje...

Subsea 7 has announced that Seaway 7 ASA has been selected by Seagreen 1A Limited as a preferred supplier for the Seagreen 1A offshore wind project, located offshore Scotland, in the United Kingdom (UK). Seagreen 1A lies adjacent to the existing Seagreen project that Seaway 7 is currently progressing and represents approximately 500 MW of additional renewable energy generation capacity. Scope of work Seaway 7’s scope of work is under final negotiation and may include the full engineerin...

Pendennis confirmed this week the safe arrival of the 58m expedition yacht Seawolf to its UK headquarters in Falmouth, Cornwall for an extensive rebuild project. The 1956 classic motor yacht was towed from Holland and brought into the Pendennis non-tidal wet basin prior to her haul out later this month. Pendennis confirmed that her extensive programme of works will include new luxury guest and crew interiors, exterior styling modifications, extensive engineering and electrical work and a full r...

Federal Government Agencies under the auspices of the Federal Ministry of Transportation (FMOT), have reached an agreement to digitalise their internal processes, while also maintaining focus on actualising the National Single Window regime in the nation’s transportation sector. This agreement was reached at the 4th Heads of Maritime Agencies meeting in Lagos. Addressing the press after the meeting, the Registrar of Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), Barr...

Pacific International Lines (PIL) is pleased to announce the resumption of its service to Port Louis, Mauritius. The call to Port Louis will be added to its weekly Mozambique Feeder Service (MZS). The enhanced MZS service will commence with Kota Nanhai, departing Singapore around 14 Jul 2022 and arriving at Port Louis around 25 Jul 2022. With the promising prospects of the Mauritius economy, more PIL customers are requiring shipping services to the country. With this resumption, PIL will also b...

Speaking at KONGSBERG’s Capital Market Day in Oslo earlier this week, Geir Håøy, CEO of Kongsberg Gruppen (KONGSBERG), said “KONGSBERG is performing strongly. In addition to delivering on financial targets and growth, I have an overall mandate to contribute to a more sustainable world. We aim to be a trusted partner for customers, industries and society in this transformation. We are addressing sustainability across several perspectives.” At the same time, the CEO...

The latest Indicator shows that the number of seafarers onboard vessels beyond the expiry of their contract has decreased slightly to 4.3% from 4.5% in the last month, while the number of seafarers onboard vessels for over 11 months has remained stable at 0.3%. These numbers remain very close to what has been reported since December 2021, confirming a stabilisation of the situation. Neptune Indicator The Neptune Indicator also reports a 2.8 percentage point increase in seafarer vaccines, from...

CMA CGM is pleased to announce the reshuffling of its MEDCARIBE service with direct calls in West Coast South America. Main features of MEDCARIBE service Introductionof Buenaventura, Paita, Posorja & Guayaquil direct calls New rotation: Algeciras > Malta > Livorno > Genoa > Marseille > Barcelona > Valencia > Pointe à Pitre > Fort de France > Caucedo > Cartagena > Kingston > Buenaventura > Paita > Posorja > Guayaquil...

Another momentous milestone was reached in the restoration of 1930’s classic yacht Marala recently when the 59m motor yacht, originally built by Camper and Nicholsons, completed her sea trials in Cornwall. After a meticulous programme of work spanning more than two years, to see her underway once again was a thrilling moment for the whole project team. Renewing and preserving the yachting history The project has been a careful blend of sympathetically renewing yet preserving original fe...

The 59m classic Camper & Nicholson motor yacht Marala was successfully re-floated recently in the 75m dry dock that has been her home for the past two years. Her flood up concludes the successful completion of the yacht’s exterior structural and paint work programmes. Yacht restoration update The Captain of Marala explained what this milestone means to the Owners, “The extensive structural and paint works undertaken has been a major part of the project for the Owners. Their pas...

The Singapore Trade Data Exchange (SGTraDex), a public-private initiative, was launched on the sidelines of Asia Tech x Singapore (ATxSG) 2022 by the Minister for Communications and Information, and the Minister in charge of Smart Nation and Cybersecurity Mrs Josephine Teo. SGTraDex, a trusted, secure, and easy-to-use digital utility, seeks to connect ecosystem partners in the local and global supply chains via a common data infrastructure. Value-creating benefits More than 70 participants ha...

Rolls-Royce will provide 70 of its mtu Series 4000 engines, produced in Yulin by MTU Yuchai Power, the Chinese Joint Venture with Yuchai Diesel, for use in generator sets that will be packaged and distributed by emergency power systems provider Hefei Calsion Electric System Co., Ltd. The gensets will be installed at multiple semiconductor manufacturing locations in China to ensure that chip production is not affected by power failures. The rapid expansion of information technology applications...

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 (SZEFs) such as green hydrogen and green ammonia are considered the most promising fuels for the industry’s transition. Due to its large renewable capacity and unique location sitting at...

The Port of Sines and the Algarve Authority (APS) and the Cooperative for the Education and Rehabilitation of Disabled Children of Sines and Santiago do Cacém (CERCISIAGO) have been developing a project that aims to strengthen understanding about the role that the Port of Sines plays in the economy. The goal of this project was to integrate the institution’s users in the daily life of this port that is located in their area of residence. The project began in late 2020, in the middl...

A.P. Moller - Maersk (Maersk) announces the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding. Integrated logistics solutions Senator brings with it a strong organisation and a well-developed airfreight network comprising its controlled flights and long-term partnerships with best-in-class airlines, a well-established full container load (FCL) and less than container load (LCL) network, and specialised services such packaging, warehousing...

A trusted provider of logistics services to the offshore industry for over 60 years, supporting operating companies on the Norwegian continental shelf, NorSea first welcomed Wilhelmsen as one of the owners in 2012. The latest transaction increases Wilhelmsen's shareholding from 75% to 99%.  Now announced increased shareholding was a purchase option that was agreed in 2017 with a set price at MNOK 500. Former partners Eidesvik Eiendomsinvest AS and Simon Møkster Eiendom AS have each...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh said the arrival of the Nigerian Naval Ship - NNS KADA will greatly enhance security in the Nigerian maritime domain, and commended the Chief of Naval Staff, Vice Admiral AZ Gambo for this achievement. Dr. Bashir Jamoh who joined the Chief of Naval Staff at the Naval Dockyard in Lagos, Nigeria, to witness the arrival of the ship from the United Arab Emirates (UAE), commended the Nigerian Nav...

Unifeeder will offer 8 weekly sailings between Sweden and major intra-European hubs in Poland, Germany, Russia, and the UK. This service upgrade adds significant capacity and flexibility to local businesses. Environmental-friendly multimodal solutions Along with inland opportunities, the upgrade will facilitate new routing options for Swedish exporters to reach the global markets in a reliable, cost-efficient, and climate-smart manner. "We are proud to offer our new Sweden services to our val...

Unifeeder announces that it is introducing a new weekly service between Poland and the East coast of Sweden. It is an addition to the existing service, which will also connect three ports in Sweden and four major continental ports in Poland and Germany. The first sailing will take place on the 10th of August from the port of Gdansk. This is the first commercial feeder service ever to directly connect the export from the Swedish East coast to Poland Shortest link The service makes for a p...

Newly introduced crew connectivity requirement adds support to calls for improved seafarer welfare – and emphasises the value of Fleet Hotspot to crew and ship owners. In May 2022, eight significant amendments were agreed to update the landmark Maritime Labour Convention 2006 (MLC), including making onboard crew connectivity a requirement for ship owners. The new requirements come at a time when seafarer welfare is under increasing scrutiny from within and outside the shipping industry....

Neste and Netherlands-based startup Circularise have announced a partnership to bring Circularise’s traceability software into circular polymers and chemicals supply chains. The companies are collaborating in establishing digital solutions to trace renewable and recycled material flows, providing increased transparency along the value chain. The companies will use Circularise’s blockchain-based supply chain traceability software, which creates a digital twin for the physical materia...