Greece News

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...

Inmarsat, the world leader in global, mobile satellite communications, has secured a significant new commitment to its Fleet Hotspot internet portal service, following an extension of its Fleet Xpress service agreement with leading liquefied petroleum gas (LPG) transport group Petredec. Fleet Hotspot has been designed by Inmarsat to give crew onboard access to high-speed connectivity with the freedom to use their own devices. As the owner of one of the most modern fleets of specialized...

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...

The Organising Committee of the Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced that it renewed sponsorship contract with MBDA, the world’s renowned developer of missile systems, will be the Gold Sponsor of the event for the seventh time. DIMDEX 2022 DIMDEX 2022 will take place under the theme ‘Connecting the World's Maritime Defence and Security Community’. Commenting on this occasion, High Excellency Chief of Staff of Qatari Armed Force...

Italy’s Naval Armaments Directorate (NAVARM) has signed an agreement with global safety equipment provider - Survitec for the supply of next generation survival equipment to the Italian Navy’s Submarine Division. Under the terms of the contract, signed in London during the DSEI 2021 trade show, Survitec will deliver SEIE MK11 submariner escape suits (pictured) and related support to Italy’s fleet of Todaro- and Sauro-class submarines. Greater buoyancy capability Using 30% le...

NEVA, the International Maritime Exhibition and Conference for Commercial Shipping, Shipbuilding, Offshore Energy, Ports, Inland Waterways and Oceanography is an international shipping, shipbuilding, ports and offshore energy exhibition and the largest maritime forum in Russia. Its aim is to promote the development of the Russian commercial maritime industries and provide a gateway to meet shipping and offshore energy executives under one roof in St. Petersburg, the maritime capital of Russia....

  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...

Presently, a distance of more than 16,000 kilometres, or almost half-way around the globe, seems insurmountable, when it comes to signing a contract, unless the contracting parties agree to do so in synch via video link. That is precisely how the Tasmanian-based Australian shipping company, SeaRoad, and German shipbuilding yard, Flensburger Schiffbau-Gesellschaft (FSG), have finalised the purchase contract for a RoRo vessel with LNG propulsion. FSG – SeaRoad partnership A face-to-face m...

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,...

Survival technology provider - Survitec has unveiled a new range of defence-grade life preservers designed specifically to improve the safety of military aircrews. Launched during London’s DSEI 2021 exposition, the three new lifejackets form part of Survitec’s newly created AirPEX (Aircrew Protection Extreme) product portfolio. “The launch of these new life preservers is important to Survitec’s strategic objective of expanding its presence in the military rotary and...

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...

By installing the Vessel Insight infrastructure, Island Offshore will collect all data from its fleet on one common platform. The data collected will enable the company to use advanced decision support tools and benchmark its vessels, by comparing operational data from all vessels, in order to reduce fuel consumption and emissions, as well as automate the reporting processes. “We are very pleased to contribute to further strengthening Kongsberg’s collaboration with Island Offshore....

Cleaner and greener channel crossings are expected in the next decade, as the London International Shipping Week 2021 (LISW 2021) launches, announced the Department for Transport’s, Robert Courts MP, and The Rt. Hon Grant Shapps MP. Highlights include: UK to push for international shipping emissions to reach absolute zero by 2050, Transport Secretary sets out ambitious global 2050 target, as the UK government launches greenest ever International Shipping Week, and Vision of...

The Doha International Maritime Defence Exhibition & Conference (DIMDEX) will take place from the 21st to 23rd of March 2022 at the Qatar National Convention Centre (QNCC).    The upcoming edition of DIMDEX will be unprecedented, both in terms of the number of companies exhibiting as well as the number of participants.    The exhibitors list will consist of warship constructors, manufacturers and suppliers of onboard systems and ancillary equipment, as well...

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...

A £110 million contract has been awarded to deliver the new Defense Strategic Radio Service (DSRS) to critical military operations. DSRS uses the Earth’s ionosphere, part of the upper atmosphere, to allow radio signals to be sent and received across thousands of kilometers. This allows communications to be rapidly delivered across a variety of domains to service personnel, regardless of whether they are on land, in the air or at sea. The new communications service removes the tra...

Babcock the aerospace, defense and security company has secured the first export contract for its Arrowhead 140 (AH140) frigate through a design license agreement with PT PAL Indonesia (Persero), a state-owned enterprise that builds and maintains ships for military and commercial use from its facilities in Surabaya, Indonesia.   The breakthrough deal comes two years since Babcock’s AH140 design was first announced as the preferred bidder for the UK Type 31 frigate program at D...

SBM Offshore is pleased to announce it has completed the project financing of FPSO Sepetiba for a total of US$1.6 billion, which is the largest project financing in the Company’s history. Project financing The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA): Nippon Export and Investment Insurance (NEXI) and SACE S.p.A. A letter of intent was received from China Export & Credit Insurance Corpor...

BAE Systems, in collaboration with other maritime industry pinoeers, 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 integrated solutio...

As the industry looks ahead to its recovery, specialist travel management company, ATPI Marine & Energy, in partnership with Qatar Airways, has today kicked off this year’s London International Shipping Week (LISW21) by opening the London Stock Exchange. The week-long event will be the largest and most important LISW to date, hosting up to 160 in-person, hybrid and virtual functions. This year’s theme of ‘Driving Growth and Recovery in a Disrupted World’ will explo...

In his keynote speech at the London International Shipping Week (LISW21) conference, held at the International Maritime Organisation (IMO), Soren Toft, CEO, MSC Mediterranean Shipping Company, discussed the current economic environment, the pressure the whole supply chain is facing and how the industry is evolving to ensure growth in a disrupted world. Emphasising shipping’s role as the backbone of global trade with a huge influence on the global economy, Soren explored the current st...

Babcock the aerospace, defense and security company has launched a dynamic new approach within global shipbuilding that enables international customers to build and support the company’s Arrowhead 140™ frigate (AH140) in-country, delivering a range of potential economic and social benefits to local and national communities. Arrowyard™ developed from Babcock’s rich engineering know-how and shipbuilding experience, brings together a comprehensive range of technology and...

In an industry first, ABS has launched an advanced service using sophisticated modelling and simulation technologies to assess the impact of a wide range of vessel decarbonisation technologies at the design stage as well as simplifying EEXI and CII compliance. The SIM-based Energy Efficiency Evaluation Service will allow both new-build vessels and existing vessels to compare different design and operational options and evaluate the performance impact of adding new technologies. This is just th...

A new study has revealed the significant economic contribution of the maritime industry, contributing more than £56.4 billion per annum. These 2019 figures represent a 19% increase from the last time statistics were produced for the industry in 2017, which put the annual figure at £47.4bn, higher than aviation and rail combined at the time. The preliminary Centre for Economics and Business Research (CEBR) findings, commissioned by Maritime UK, come as global industry leaders conve...