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CMA CGM continues to monitor the situation in Ukraine and the Black Sea region. The utmost priorities remain to protect the employees and ensure as much as possible the continuity of the supply chain. In the interest of safety, the Group has decided to suspend all bookings to and from Russia until further notice. Update from Ukraine All the employees in Ukraine are reported safe and working from home. CMA CGM continues to ensure constant contact with them. It is also taking all necess...
The Seafarers’ Charity has awarded £5,000 to provide a hardship fund, administered by the Fishermen's Mission, for North East fishers, who are experiencing hardship because of the mysterious impact on inshore crab and lobster stocks in North East England coastal waters. Since October 2021 dead crabs and lobsters have been washed up on the North East England shoreline, consequently, many local fishers in the area have had their livelihoods seriously impacted and are experiencing ongo...
VERIPOS is proud to expand its proven inertial solution SPAN GNSS+INS technology from NovAtel, also part of Hexagon, to Dynamic Positioning (DP) applications and vessels. SPAN technology delivers a deeply coupled GNSS and Inertial Navigation System (INS) that provides robust, reliable, and continuous centimetre-level positioning for operators to maintain safety and maximise uptime. With a GNSS+INS solution, DP vessels can bridge outages in GNSS tracking through short periods of radio frequenc...
The removal of all national coronavirus restrictions in Norway added to easier international travel, is set to deliver a long-awaited gathering point for top industry leaders at Nor-Shipping’s Ocean Leadership Conference on 4 April. The event, which kickstarts four days of networking, knowledge-sharing, and showcasing innovation at Nor-Shipping 2022, will bring together over 900 executives for the first major ‘post pandemic’ summit of C-level maritime heads. Organisers say tha...
Serco, the international provider of services to Governments and the company’s partner, Strömma Turism & Sjöfart AB (Stromma Group) have been awarded a new contract to continue to operate the Djurgårdsfärjerna in Stockholm, for a further four years. The contract is managed by the company, Djurgårdens Färjetrafik AB, which is jointly owned by Serco and Strömma Turism & Sjöfart AB. Contract for Stockholm’s Djurgårdsfärjerna...
The technology group Wärtsilä will provide technical management for a broad scope of solutions installed on Viking Line’s new climate-smart vessel Viking Glory under a three-year contract. The agreement was signed in December 2021. Minimising climate impact and optimising emissions Viking Glory currently begins its first commercial sailing. It features many cutting-edge technologies intended to minimise climate impact and air pollution. The new agreement covers s...
The European business community has been united in condemning the invasion of Ukraine by Russia. Neste has a common concern about the situation. Due to the current situation and the uncertainty in the market, Neste has mostly replaced Russian crude oil with another crude, such as North Sea oil. Neste will closely monitor the situation and the development of sanctions and potential counter-sanctions and prepare for various options in procurement, production, and logistics. Neste’s re...
Neste Corporation has signed definitive agreements for the establishment of a 50/50 joint venture with US-based Marathon Petroleum (Marathon). The joint venture will produce renewable diesel following a conversion project of Marathon's refinery in Martinez, California (the Martinez Renewable Fuels project). The closing of the joint venture is subject to customary closing conditions and regulatory approvals, including obtaining the necessary permits, which depend upon the certification of a fina...
Golden Ocean Group Ltd announces the appointment of Mr. Jens Martin Jensen as Director. Jens Martin Arveschoug Jensen joined Seatankers Management on 1st March 2022 before that he was the CEO of Athenian Holdings. Jensen's work experience He previously served as Head of Shipping at New Fortress Energy (USA) and before that he was a Partner at Pillarstone Europe. From May 2008 to September 2014, he was the CEO of Frontline Management AS. Mr. Jensen has served as a director of variou...
After a rare dip in long-term contracted ocean freight rates in December and January, container shipping costs are rising once again, with a 3.9% increase in February. The development, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices, means rates have risen across 15 of the last 17 months. They currently stand 87.9% up year on year. Furthermore, ongoing congestion, high demand, and a new level of geopolitical angst are unlikely to reverse that trend any time soon. “I...
The International Labour Organisation (ILO), International Maritime Organization (IMO), United Nations Conference on Trade and Development (UNCTAD) and the World Health Organization (WHO) have issued a joint statement asking stakeholders to take action to support the world’s 1.9 million seafarers from being unduly impacted by the ongoing COVID-19 pandemic and associated restrictions. The statement comes in the wake of the Omicron COVID-19 variant of concern (VOC), which has, once again, c...
XTRAIM, which will be presented to the German public for the first time, is Thales Group’s (Thales) new weapon sight that offers day/night de-camouflage capabilities, which previously could only be achieved by using several separate pieces of equipment. XTRAIM is compatible with all shoulder-fired assault rifles and light machine guns, in order to provide users with an unparalleled precision night-firing capability. XTRAIM was designed in close collaboration with users, to guarantee that...
In response to President Biden’s planned attack on ocean carriers during the State of the Union Address, the World Shipping Council released the following statement: Unfortunately, the President is demonising ocean carriers, the industry that is the backbone of the U.S. and global economy and that has been working around the clock through the pandemic to move more cargo than at any time in history. Correcting the allegations Allegations that the container shipping ind...
CULINES signed an order for 2*7,000TEU containership newbuildings with Shanghai Waigaoqiao Shipbuilding (CSSC SWS). A signing ceremony was held at CSSC SWS. Mr. Qi WANG (Chairman of CSSC SWS), Mr. Gang CHEN (GM at CSSC SWS), Mr. Aijun WU (GM of China Shipbuilding Trading), Mr. Yu Yang (GM at Asia & Pacific Department of China Shipbuilding Trading), Mr. Lingyi MENG (GM at China Classification Society Shanghai), Mr. Zhiyong LYU (President at Shanghai Merchant Ship Design & Research Instit...
Ocean Infinity has contracted VARD for the design and construction of a new series of six multi-purpose offshore vessels, all of which will be operated from shore and will eventually utilise green ammonia as fuel. VARD’s robotic vessels This landmark order of six, 85-metre, optionally crewed robotic vessels will take Ocean Infinity’s remote vessel fleet capacity to 23 vessels, which will be the largest in the world. With Ocean Infinity’s control infrastructure and remote con...
Motor ships of FESCO Transportation Group, FESCO Magadan, and FESCO Moneron continue their operation within the framework of marine coastal service FESCO Magadan Line connecting Vladivostok and port Vostochny with Magadan. FESCO Magadan loaded with containers and general cargo is currently en route to port Magadan. The estimated date of arrival is February 28. In its turn, FESCO Moneron is moving in the opposite direction, heading from Magadan to port Vostochny. The estimated date of arrival is...
Despite the scheduled unveiling of the winner of the 2022 Next Generation Ship Award being postponed by the Omicron surge, the winner from the four shortlisted candidates revealed last year will be presented with the prize on 4 April this year. Details of the four shortlisted candidates have already been publicly revealed but the other candidates were all worthy competitors and deserving of greater mention. Every one of the entrants was chosen by at least one of the judges in their selections a...
SBM Offshore’s Environmental, Social, and Governance (ESG) approach illustrates how SBM pursues a vision of safe, sustainable & affordable energy for generations to come. Sustainability The Company takes pride in its continuous improvement approach and applies knowledge gained from its performance in future target setting. This has also led to positive and improved ratings in sustainability benchmarks. Three world-class ESG-rating agencies- S&P Global, Sustainalytics, and...
FESCO Transportation Group (“FESCO”, the “Group”) informs that vessels - FESCO Magadan and FESCO Moneron were on the sanctions list of Treasury Department of the US solely, due to the specifics of financing and the status of lessor: both vessels are on the balance sheet of PSB Leasing LLC that was initially under US sanctions. Thus, sanctions of Treasury Department of the US do not apply to any FESCO company and inclusion in the sanctions list of two vessels leased from...
Motor ships of FESCO Transportation Group (“FESCO”, the “Group”) - FESCO Magadan and FESCO Moneron continue their operation within the framework of marine coastal service FESCO Magadan Line connecting Vladivostok and port Vostochny with Magadan. FESCO Magadan loaded with containers and general cargo is currently en route to port Magadan. Estimated date of arrival is February 28. In its turn, FESCO Moneron is moving in the opposite direction, heading from Magadan to port...
Blue Water is pleased to announce the acquisition of Guyana-owned and operated Falcon Logistics Inc. and its proceedings as of February 16, 2022. "The acquisition of Falcon Logistics is a very exciting event in the world of Blue Water. It is yet another substantial commitment in the Caribbean region, and we are pleased to welcome more than 40 new colleagues in Guyana to the Blue Water family," says Thomas Bek, COO, Energy, Port & Projects, Blue Water. Maintaining full compliance In recent...
Pacific International Lines (PIL) is pleased to announce the launch of two weekly direct services which is an enhancement to its China to East Africa service. This will allow its customers to enjoy stable and faster transit times to East Africa. The enhancement will see the current East Africa Service (EAS), which PIL operates independently, expanding into two service routes - with one serving Mombasa, called EAS, and the other serving Dar es Salaam, to be named as EA3. New EAS and EA3 ser...
Jay Jay Textiles’ journey towards business expansion with lifestyle logistics solutions is stitched to perfection. Established over 50 years ago, Jay Jay Textiles has a strong presence in India, Sri Lanka and Bangladesh, as a vertically integrated manufacturer of cotton knitwear for children’s apparel and home products. In the past few years, Jay Jay Textiles has branched out to Ethiopia, starting with three factories in the Bole Lemi Industrial Park, located in nation’s capit...
El Reedy Shipping Agency is devoting all efforts to maintaining safe and efficient modern shipping operations for their fleet and is committed to the international conventions and regulations of the United Nations (UN) and International Maritime Organization (IMO) towards safe, secure, and efficient shipping on clean oceans. Thus, it is happy to announce that El-Reedy Shipping Agency has signed a frame agreement on the installation of Ballast Water Management Systems (BWMS) on board their fleet...
ABB and Ballard are progressing with their partnership to decarbonise marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. An AiP is a major milestone in developing new technology as an independent assessment of the concept, confirming that the design is feasible and no significant obstacles exist to prevent the concept from being realised. With the AiP in place, the jointly developed solution can be completed...
Speaking at an industry event this morning in Belfast’s Titanic Hotel, the project director for the proposed 400MW North Channel Wind floating wind project Niamh Kenny said if it were to go ahead, the development could be a game changer for Northern Ireland. Floating wind turbines “We are investigating two sites in the North Channel halfway between Northern Ireland and Scotland for a series of new generation floating wind turbines,” Ms Kenny said. “The two sites would...
Swiss-based marine engine technology developer, WinGD - Winterthur Gas & Diesel Ltd has expanded its global training network, through a partnership with DCS POWER PTE LTD in Singapore, to deliver state-of-the-art training for optimising engine performance and preparing crews for the fuels of the future. The new training partnership, which was commemorated on the 22nd of February, will combine the skills and expertise of WinGD with those of machinery specialist DCS, further enhancing the glo...
Thales will be present at MWC Barcelona 2022 to showcase its key solutions that support the mobile industry’s digital transformation. 5G will count for 21% of mobile connections by 2025. This brings a huge opportunity for mobile operators, but also comes with new vulnerabilities and data privacy challenges. Thales is helping actors and major players in the mobile industry in three key ways - To connect and manage devices on 5G networks, protect those devices and the data they handle...
The Nigerian Maritime Administration and Safety Agency (NIMASA), has renewed its Memorandum of Understanding (MoU), with the World Maritime University, (WMU) Malmo, Sweden. The move is aimed at enhancing capacity development; to grow the Nigerian maritime sector. Aim of the MoU Speaking shortly after the signing of the MoU virtually, the Director-General of the Agency, Dr. Bashir Jamoh noted that there is no substitute for education. “The collaboration with the World Maritime University...
On February 20th, 2022, Fifteen 40HQ containers of cargoes, which were mainly chemical raw materials, traveling by rail from Zhuzhou, Hunan were loaded onto the CULINES vessel - AS FLORA at Mawan Container Terminal (MCT) in the west area of Port of Shekou for their destination Port of Cat Lai in Ho Chi Minh. This maiden voyage shipping export cargoes with railway containers marked the new development of CULINES one-stop rail-sea intermodal transport. Combined transport solution CULINES rail-s...
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