Corporate News

The Mohamed Bin Zayed International Robotics Challenge (MBZIRC) will be held in the UAE capital, Abu Dhabi, in June 2023, where tech innovators will participate to seek marine safety and security solutions to take home more than US$3 million in prize money. Organised by ASPIRE, the dedicated technology program management pillar of the Advanced Technology Research Council (ATRC), the overarching advanced technology research body in Abu Dhabi, UAE, the MBZI...

As part of the UK’s upcoming Carrier Strike Group tour, Rolls-Royce is all set to showcase to Indian Navy customers its capabilities to design, build and deliver customised power and propulsion solutions for India’s naval modernisation requirements. The company also expressed its keenness to explore opportunities for partnering the Navy with end-to-end solutions for the electrification of India’s future warships. Developing electric warships Speaking about the upcoming t...

Neste and Ravago aim to establish a joint venture to build an industrial facility for chemical recycling in North Sea Port in Vlissingen, the Netherlands. The facility is intended to be the starting point of joint global chemical recycling (often also called “advanced recycling”) activities, built upon the advancement of the thermochemical liquefaction technology of US-based Alterra Energy, an innovative chemical recycling technology company. With this, Neste, the producer of r...

MAN Energy Solutions has signed a Memorandum of Understanding (MoU) with Mitsui E&S Machinery Co., Ltd. (MES-M) and Mitsui O.S.K. Lines (MOL) regarding the low-speed, ammonia-fueled main engine that MAN Energy Solutions is currently developing.   The MoU provides for keeping MOL and MES-M updated on MAN Energy Solutions’ progress in this regard, with the ultimate intention of creating the basis for a more detailed LoI (Letter of Intent) leading to an actual purchasing contract f...

Neste, the provider of renewable diesel and sustainable aviation fuel as well as a forerunner in renewable and circular solutions for the polymers and chemicals industry, further accelerates the implementation of its growth strategy by establishing an R&D centre in Singapore. With this investment, Neste aims to increase its R&D and innovation capabilities globally, and drive collaboration with partners in the Asia-Pacific region, especially in Singapore. Production capacity “Nes...

Neste and Hesburger, a Finnish restaurant chain, will engage in significant circular economy collaboration. Used cooking oil from more than 300 Hesburger restaurants in Finland and in the Baltics will be recycled to produce renewable diesel. As a result of the collaboration, Hesburger will begin using Neste MY Renewable Diesel™ in the majority of its transport vehicles in Finland, reducing the greenhouse gas emissions in these transports by up to 90% compared to fossil diesel use. Produc...

A.P. Moller - Maersk has announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold chain logistics.   Access to the digital supply chain platform, Tradelens, which is underpinned by blockchain technology, is also a core part of the agreement between A.P. Moller - Maersk and Danish Crown. A.P. Moller - M...

Inmarsat, the pioneer in global, mobile satellite communications, announces that Ben Palmer OBE will be joining the company as President of its Maritime Business Unit on 8 November 2021. Most recently head of Northrop Grumman’s Mission Systems division across Europe, Ben brings 25 years’ experience of driving transformational change in technology-heavy industries, including maritime, with a strong customer-centric focus and a track record of delivering results. Maritime sat...

Maersk Growth, the corporate venture arm of A.P. Moller - Maersk, invests in Vertoro – a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel.   Maersk’s investment will be used to further develop and commercialise Vertoro’s patented liquid lignin technology, and it will enable Vertoro to build a demo plant, which will become operational in 2022. The output of this plant will be used to develop marine fuels in partnership wit...

Neste recently conducted a life cycle assessment (LCA) study on the environmental impacts of the usage of its 100% renewable feedstock, Neste RE™.  It shows a greenhouse gas (GHG) emission reduction of more than 85% over the life cycle when Neste RE was used to replace conventional fossil feedstock in the chemical and polymers industry. The study thereby confirms the results from earlier studies on Neste’s feedstock for the polymers industry. LCA Study follows a 'cradle-to-gat...

As the travel industry continues to bounce back, the Swedish travel technology firm Sembo has just secured a $12m (approx €10.3m/104mSEK) investment from its parent company Stena Line. Sembo is now embarking on an ambitious expansion plan. The funds are to be used to support the recruitment of some of the sharpest software developers available in order to speed up the first phase of the company´s international expansion. With the vast majority of travelers now planning and booking th...

Following in the footsteps of A.P. Moller - Maersk’s Ocean ECO Delivery product launched in 2019, Maersk Japan will be launching a pilot to offer customers sustainable drayage in Japan. It will utilise renewable diesel to provide immediate carbon emission reductions. This will be the first permanently fixed green solution for container drayage in Japan and promises to reduce carbon emissions for container drayage operations by up to 80% based on lifecycle analysis. Ground-breaking seri...

Maersk is donating the services of its Special Project Logistics (SPL) unit and charging a symbolic nominal freight cost of $1 per 40’ container for urgently needed medical supplies to be distributed to medical facilities in India in response to COVID-19 related shortages. "Several donors and organisations had donated supplies worth millions of dollars; however, they all were struggling with the shipment process disrupted by Covid. We thank Maersk and the Government of India profusely f...

CMA CGM informs its customers that its AMERIGO service (connecting West Med to the US East Coast) will temporarily stop calling Savannah due to severe congestion in this port (8-10 days) and in order to protect schedule integrity & weekly sailing frequency. Impacting first sailing A new call at Charleston will be inserted in the rotation and Savannah shipments will be directed to Charleston. The first sailing impact will be m/v CMA CGM LA TRAVIATA voy. 0MR9TW1MA, ETA Algeciras on October 3...

Currently, women represent only two per cent of the maritime industry, while only eight percent of employees in engineering are women. This is in stark contrast to the UK workforce as a whole, of which women make up 47%. For many women, entering a sector that’s perceived as a ‘boy’s club’ isn’t always appealing. If a sector looks unwelcoming to women from the outside, it’s unlikely to attract female employees in any role. But this means these workers are pote...

Inmarsat, the pioneer in global, mobile satellite communications, publishes a new report pinpointing the impact of COVID-19 in accelerating global shipping’s digital journey. Written by maritime innovation consultancy Thetius and sponsored by the Inmarsat Research Programme, ‘A Changed World: The state of digital transformation in a post-COVID-19 maritime industry’ captures a sector fast-tracking IoT-based solutions from November 2019. It characterises COVID-19 as a 'univers...

To companies like Fibertex, a reliable and multimodal transport setup, timing and precision are essential. That is why it was with humbleness Blue Water in the spring of 2021 entered into an agreement with the company to take over more of their global transport. The new cooperation involved Fibertex assigning the majority of their road traffic to Blue Water along with their oversea freight, and consequently also the responsibility for the company’s biggest and most critical markets. Prec...

MAN Energy Solutions has signed a cooperation agreement with DP World (Drydocks World), the globally renowned provider of smart logistics solutions. Effective immediately, the agreement targets common progress in the field of decarbonisation and is scheduled to run for five years, with an option to extend thereafter.   Wayne Jones OBE – Chief Sales Officer, and Gaby Hanna – Senior Vice President and Head of Region – Middle East & Africa, acted as signatories for MAN...

The UK government has selected eight new freeports in England, as a means to boost trade, jobs and investment, across the country. The special taxation and customs rules for the freeports will help businesses develop new facilities and operations, to trade and manufacture goods more cost-effectively, countering the effects of other complications, such as Brexit and COVID-19 pandemic.  Early deliverability of opportunities for new businesses is the key, with Solent Gateway Ltd, at Marchwood...

Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners announces the sale of two older Panamax vessels, Golden Opportunity and Golden Endurer, and an agreement to construct four Kamsarmax vessels. Sale price The aggregate sale price of the vessels is $37.2 million, and the Company expects to record a gain from sale of approximately $4.9 million in Q3 2021 and $5.0 million in Q4 2021 and receive net cash proceed of approximately $22.2 million in Q4. The net cas...

Inmarsat is delighted to return as Official Communications Partner to The Maiden Factor, the round-the-world sailing campaign promoting equal access to education for girls from all backgrounds and countries. Spearheaded by iconic sailing legend Tracy Edwards, Maiden’s campaign began in 2018, which saw a rotating all-female crew sail over 33,000 miles around the globe, visiting over 23 destinations in 12 countries. However, they were forced to put their voyage on hold in 2020 becau...

Rolls-Royce has signed a Memorandum of Understanding (MOU) with the Ministry for Economic Affairs, Labour and Energy Brandenburg (MWAE) and the Federal Ministry for Economic Affairs and Energy (BMWi) to advance the research and development of hybrid-electric propulsion systems for the next generation of aviation in Brandenburg.   The partners agreed on the establishment of development, testing and production facilities, creating an industrial eco-system for hybrid-electric aviation propul...

Following the launch of Neste MY Renewable Diesel™ on the Belgian market in July 2021, Neste has entered a partnership with Q8 to offer the product on seven Q8 stations during the year. Neste MY Renewable Diesel is a premium diesel made entirely from renewable raw materials. It helps reduce greenhouse gas (GHG) emissions by up to 90% when emissions over the fuel's life cycle are compared with fossil diesel. Renewable diesel is a “drop-in” fuel, fully compatible with all d...

Roughly half of the customers, who know that Maersk besides shipping containers across the oceans, also has a comprehensive inland offering, where they can transport the goods via train or truck. Customers know the numbers by heart: that Maersk yearly does upwards of five million inland transports for more than 25,000 customers, including the world’s largest and most recognised brands. And that we do it in 150 countries across the entire globe. Fewer brokers, less hassle Customers are...

Rolls-Royce announces that Grazia Vittadini, former CTO at Airbus, will be joining as Chief Technology Officer, Designate, to succeed Paul Stein when he steps down next year after almost 12 years leading the pioneering research and technology efforts. Separately, Harry Holt, Chief People Officer, has decided to leave to take up the post of Chief Operating Officer at Vertical Aerospace. His successor will be announced in due course. Experience Grazia, who will join on 2 November 2021, spent...

Satcom Direct (SD) has confirmed the successful functioning of the Plane Simple™ Antenna System during a series of transatlantic and European validation flights. In more than sixteen hours of testing amassed during a three-day mission, the tail-mounted, Ku-band Plane Simple Antenna System demonstrated its compatibility with the Intelsat FlexExec satellite network. Seamless data transmission was supported by the SD ecosystem of hardware, software, and terrestrial infrastructure, as it deli...

The Seafarers’ Charity has worked with Seafish, The Money Charity and other stakeholders to develop a new training course on money management for new entrants to fishing. The training will set new recruits on the right financial path and enable an understanding of how to manage fluctuations in income, the complexities of budgeting and making credit choices as well as the range of free resources which can help with money management. The charity’s ‘Fishing Without A Safety Net&...

BAE Systems, Inc. will continue providing lifecycle sustainment, integration, and engineering services to support U.S. aircraft carriers after being selected for a five-year, $68.5 million indefinite-delivery, indefinite-quantity contract.   Under the Air Traffic Control and Landing Systems (ATC&LS) Engineering Products & Technical Services (EPTS) contract awarded earlier this year, BAE Systems will leverage decades of program history to develop, produce, equip, test, evaluate,...

This acquisition strengthens A.P. Moller - Maersk’s e-commerce Logistics products suite in line with its strategic business transformation. "With B2C Europe, we are closing the circle around our e-commerce logistics expansion. Our logistics product line-up growth continues to support our long-term plans to help customers sell through any sales channel, deliver in any way, and manage their supply chains seamlessly." "This year, by adding Visible SCM, HUUB and now B2C Europe´s capabi...

The U.S. Marine Corps (USMC) has awarded a contract to Kongsberg Protech Systems USA to deliver Remote Weapon Systems (RWS) as part of the Marine Air Defense Integrated System (MADIS) programme. The Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract has a potential value of $94 million and includes a series of Low-Rate Initial Production (LRIP) systems and full-rate production units. This production contract award follows a Sept. 2020 contract award from the USMC to KONGSBERG for test...