Corporate News

Today, BAE Systems marks its first day as part of the team that will deliver the five-year Future Maritime Support Programme (FMSP) alongside the Ministry of Defense (MOD) for the Royal Navy.   In March, BAE Systems was selected by the MOD to deliver the Ship Engineering Delivery & Management contract at Portsmouth Naval Base. A joint venture between BAE Systems and KBR, named KBS Maritime, was awarded the Hard Facilities Management (FM) & Alongside Services contract at Portsmou...

Babcock is pleased to have finalised the contract with the UK Ministry of Defense to continue the support spanning UK naval base operations at HMNB Clyde and HMNB Devonport, alongside UK submarine and surface ship fleet support.  The Future Maritime Support Programme (FMSP) is worth around £3.5bn and will run until March 2026, replacing the previous Maritime Support Delivery Framework (MSDF). This complex contract reinforces Babcock’s position as a foremost naval business wit...

In a world-first for the maritime sector, the containership, ‘ElbBLUE’ – owned by German shipowner Elbdeich Reederei and operated by charterer Unifeeder – has bunkered some 20 tons of green SNG (Synthetic Natural Gas) at the Elbe port in Brunsbüttel, Germany. MAN Energy Solutions held a ceremony to mark the event, which marks the first time ever that synthetic fuel – generated from 100% renewable energy via power-to-X technology – has been employed i...

Jotun achieved record high revenue of NOK 14 975 million in the first eight months of 2021. The operating profit was NOK 2 496 million, but high raw material prices put pressure on the operating margin. Sales in the segments for Decorative Paints, Performance Coatings and Powder Coatings have shown a positive development so far this year. In the Marine Coatings segment, Jotun has experienced a decline in sales due to reduced newbuilding activity for ships. The strong growth in the first eight m...

Inmarsat, the pioneer in global, mobile satellite communications, is enabling an acceleration in the digitalisation plans of long-term client Navigazione Montanari, after an agreement for the chemical and crude oil tanker owner to extend its use of Fleet Xpress to its entire fleet. The new agreement renews and extends Navmont’s use of Fleet Xpress services across 13 ships and envisages the transfer of five more tankers from competitor services to Inmarsat’s maritime broadband se...

As part of London International Shipping Week 2021, The Seafarers’ Charity, alongside The Mission to Seafarers, Sailors’ Society and Stella Maris organised a conference on 13 September, to explore seafarers’ wellbeing in a digital age. Hosted by satellite communications firm, Inmarsat and admirably chaired by John Adams, Managing Director, V. Ships UK, the event had 250 participants, joining both virtually and in person and a panel of experts from across the industry who explo...

Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...

From the 2023 season onwards, cruise ships will be able to call at the Port of Aarhus, connect to shore power and keep their engines running on electricity while the ship is docked in the Port. This will eliminate pollution from ships while they are stationed in Aarhus. The decision to invest in a shore power facility should be seen as part of the Port of Aarhus’ wider sustainability strategy which aims to make the Port the most sustainable in the Baltic Region. Attracting shipping compa...

CMA CGM has advised that in order to recover schedule reliability on SAFRAN service, connecting Europe with East Coast South America, the Le Havre call suspension will be extended for a further eight-week period. Le Havre call suspension extended The service change is effective m/v CAP SAN AUGUSTIN voy. 0EWAHS1MA, starting her rotation in Rotterdam ETS, on October 20th, 2021. SAFRAN's rotation will be temporarily adjusted as follows: Rotterdam (Thu/Fri) - London Gateway (Sat/Sat) - Hamburg (...

Globally renowned container logistics company, A.P. Moller - Maersk (Maersk) signed an agreement, on Monday, September 27, 2021, to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), which is headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange, and Hong Kong Stock Exchange. Maersk Container Industry (MCI) will become part of a market renowned company in the container equipment industry. CIMC will take over...

BAE Systems. has successfully completed the management and delivery of planned overseas support for the UK’s Carrier Strike Group 21 (CSG21). The carrier group sailed from the UK in May and has been supported by BAE Systems throughout its deployment. BAE Systems engineers and technicians have overseen the maintenance of aircraft carrier HMS Queen Elisabeth, Type 45 destroyers HMS Defender and HMS Diamond, and Type 23 frigates HMS Kent and HMS Richmond, in a number of countries a...

Maersk with its partner is launching its second dedicated warehouse in South Africa, trading under the name of Precool Cold Storage. The Cold Store is a part of its existing warehousing and distribution site in Hammarsdale, in Kwa-Zulu Natal, and is expected to be operational in early January 2021. Increasing the capacity of the existing cold store operations, which can handle temperatures from ambient to -25C and has dedicated sections for frozen and chilled cargo thereby serving the fruit,...

At an event at the China Classification Society in Beijing, A.P. Moller-Maersk signed three separate cooperation framework agreements with the China Classification Society (CCS) to join hands with CCS on its decarbonisation journey. Mr. Jens Eskelund, Managing Director of Maersk China Limited signed the agreement with Mr. Sun Feng, CCS Vice President in witness of Mr. Thomas Østrup Møller, Danish Ambassador to China, and Mr. Mo Jianhui, CCS Chairman & President. Technologic...

Stena Line is to continue its expansion on the Baltic Sea during 2022, increasing both freight- and passenger capacity. The Swedish family-owned ferry company announces that they will deploy their two new 240-metre-long fuel-efficient E-Flexer ferries, on the Nynäshamn-Ventspils in 2022. Stena Line also announces plans to increase the capacity on the Karlskrona-Gdynia route with the deployment of the two large and modern ferries Stena Scandica and Stena Baltica. Freight and passenger capa...

Rolls-Royce North America has been selected to provide the powerplant for the B-52 Stratofortress under the Commercial Engine Replacement Program (CERP), further extending a long history of powering the United States Air Force. The decision means the American-made Rolls-Royce F-130 engine will power the B-52 for the next 30 years. The Air Force made the announcement after a vigorous multi-year competition. The F130 and its commercial family of engines have accumulated more than 27 million en...

Babcock, the aerospace, defense and security company, was joined by UK Secretary of State for Defense and Shipbuilding Tsar, Rt Hon Ben Wallace MP to cut the first steel for the first of the Royal Navy’s five new Type 31 frigates, HMS VENTURER. Hosted at Babcock’s facility in Rosyth, Scotland, where the Type 31 Inspiration class ships are being built, representatives from across UK and international industry and public service, witnessed the historic ceremony signaling the officia...

Rolls-Royce and Overmarine are continuing their successful cooperation and will move into the future together with new technologies in the coming years. The two partners signed an agreement to this effect at the Monaco Yacht Show. Rolls-Royce will continue to supply Overmarine with mtu Series 2000 engines for its Mangusta yacht family. In addition, options to supply mtu hybrid propulsion and the state-of-the-art mtu NautIQ Bridge integrated bridge solution are part of the framework agreement...

IMCO Group, a defence provider of comprehensive solutions for air, ground, and naval applications announced the acquisition of the assets and activities of Innocon Ltd., an innovative Israeli developer and manufacturer of Micro, Mini and Tactical unmanned aerial systems as well as mission systems for manned light airplanes. IMCO Group acquires Innocon’s assets and activities through one of its subsidiaries who, among other activities, provides unprecedented aerial and aviation capabilitie...

A near-record backlog of cargo ships in Southern California could have serious ramifications for the US economy. The build-up of cargo ships carrying key exports from China, including electronics, furniture, and toys, threatens to increase shortages and price hikes in the US ahead of the holiday season. The dozens of hulking cargo ships wait an average of nearly 10 days to dock and unload, according to data from the Port of Los Angeles. Container vessels Los Angeles a...

Sustainable transport solutions will open up a greener Blue Water. That is why BWS has welcomed Per Jakobsen, who will contribute to the green transition through innovative solutions, internal development, and close collaboration with external climate partners. Creating green solutions “I am looking forward to creating green solutions which are both easily available as well as easier to see through, making the value visible for our clients and their clients," says Per Jakobsen, who...

Signatories of the Call to Action for Shipping Decarbonisation urge pioneers to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonise global supply chains. Now governments must deliver the policies that will supercharge the transition and make zero-emission shipping the default choice by 2030. Full decarbonisation of international shipping is urgent and achievable. This is the clear message from Unifeeder and more than...

Over 150 industry leaders and organizations call for decisive government action to enable full decarbonization of international shipping by 2050 - Signatories of the Call to Action for Shipping Decarbonization urge world leaders to align shipping with the Paris Agreement temperature goal. The private sector is already taking important steps to decarbonize global supply chains. It is indispensable that governments deliver the policies that will supercharge the transition and make zero emissi...

To provide customers with complete automation solutions from a single trusted source, Rolls-Royce and Sea Machines Robotics announce a new collaboration that will deliver comprehensive remote command, autonomous control and intelligent crew support systems to the marine market and complement Rolls-Royce’s mtu NautIQ marine automation portfolio. As part of this agreement, Rolls-Royce business unit Power Systems and Sea Machines, the pioneering developer of remote-vessel command and aut...

  Based on the latest carbon emissions MRV data published by the EU, it can be seen that cargo vessels using Jotun’s Hull Performance Solutions (HPS) reported a 20% lower carbon intensity on average in operations compared to non-HPS peers in 2019 and 2020.  Cross-checked statistics also indicate lower carbon emissions than from vessels known to be sailing with some “low-friction” foul-release silicone coatings that claim to offer market-leading performance. Only co...

With almost 90 percent of the global trade being ocean shipping, efficient and environmentally friendly passenger and freight transport by sea is crucial to achieving the climate goals. The ferry operator - Stena Line, Frederikshavn Municipality, and the Port of Frederikshavn have signed an agreement aiming to accelerate the transformation of the transport sector by deploying two battery-powered Stena Elektra ferries on the Gothenburg-Frederikshavn route by 2030 and making the necessary investm...

The Ministry of Defense (MOD) has awarded BAE Systems a £85m contract to support early design and concept work on the Royal Navy's next generation of submarines. The contract will enable the Company's Submarines business to progress the early stages of a program to deliver a replacement for the Astute class, helping to sustain the UK's future underwater military capability and support 250 highly-skilled jobs in Barrow-in-Furness, Cumbria. Ben Wallace, the Secretary of State for Defense,...

AqualisBraemar LOC Group (ABL Group) has been awarded an innovative research and development (R&D) project, to develop a green hydrogen production barge, under the Clean Maritime Demonstration Competition (CMDC). The Clean Maritime Demonstration Competition (CMDC) is funded by the Department for Transport and delivered in partnership with Innovate UK. ABL Group and Longitude Engineering partnership ABL Group, including group company, Longitude Engineering, will work in a consortium with G...

Lynette Jackson (49) has been appointed as the new head of global communications at Siemens. She will report to Roland Busch, President and CEO of Siemens AG, effective October 1. Jackson takes over from Judith Wiese, member of the Managing Board of Siemens AG responsible for HR, Sustainability and Global Business Services, who has been acting as interim head of communications since April. “We are very pleased to announce Lynette Jackson as our new head of...

BAE Systems is working with Dell Technologies on delivering innovative digital capability for the new City Class Type 26 frigates. The first three frigates in this class include HMS Glasgow, a cutting-edge UK-designed ship currently being built on the Clyde in Glasgow.    The collaboration will deliver a Shared Infrastructure to host the ship’s essential systems, including a number provided by third parties, on a single, reliable digital platform. It will take full a...

BAE Systems, in collaboration with other maritime industry leaders, has secured funding from the UK Department of Transport to design, develop, and demonstrate exciting new power and propulsion technologies for London, with the potential to reduce emissions across global waterways.  Working across two separate projects in the city with Uber Boat by Thames Clippers, a ferry operator, and Cory, a waste to energy management company, BAE Systems will use its expertise in providing inte...