India News

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...

For years, reefer transport and logistics have been vital activities for Blue Water Shipping. The acquisition of Freightway International will strengthen Blue Water's focus on the Canadian and North Atlantic markets. Expansion of services "It is an essential strategic step for us to get Blue Water facilities and an office in Canada. It will allow us to expand our current range of services to the Canadian markets and with the acquisition of Freightway International, we get a strong foothold in...

Due to increasing market demand, Unifeeder adds Tilbury to its weekly Benelux/Portugal service. The first sailing will take place from Lisbon on Wednesday 25th of November and will arrive in Tilbury the following Monday. Intra-European cargo Rotterdam being the leading European hub port allows us to consolidate global as well as Intra-European cargo flows on a single vessel and distribute it to key ports in Portugal. The service provides competitive lead times and is a reliable, as well as su...

The NAUTIS team at VSTEP is developing a state-of-the-art, user-focused remote simulator. This highly flexible simulator with a single device operation capability will aid in conducting seamless maritime simulation training sessions, accessible from any part of the world. Remote maritime simulation training Remote training is a rapidly emerging trend in the market, and the need for remote solutions has been further heightened with the current global pandemic.  NAUTIS...

Unifeeder Group, through its Unifeeder ISC platform, announced the acquisition of Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and Transworld Feeders Pvt. Ltd., the containerised Indian coastal and EXIM feeder shipping operations of Shreyas Shipping and Logistics Limited, excluding vessels and bulk operations. Avana Logistek and Avana Global cover 60 ports, whereas Transworld Feeders and Shreyas Shipping and Logistics cover 53 ports.  Feeder...

The International Transport Forum (ITF), NITI Aayog and the National Institute for Transforming India have jointly launched the ‘Decarbonising Transport in Emerging Economies’ (DTEE) project in India, on June 24, 2020. The launch, held via a webinar, was inaugurated by International Transport Forum – ITF Secretary - General Young Tae Kim and the Chief Executive Officer (CEO) of NITI Aayog - Amitabh Kant, in the presence of D.S. Mishra, Secretary in the Ministry of Housing and...

In response to increasing demand for multimodal transportation Unifeeder has further increased its UK service coverage by introducing an additional loop connecting the Benelux, German and Russian markets with London. London Gateway, a state-of-the-art container terminal operated by DP World, is the preferred import hub for the greater London area has become an important gateway for Shortsea and Feeder shipments to and from the UK. Service highlights Fixed-day service with secure berthin...

We are pleased to inform you that Unifeeder has launched a new service via the Hub port of Southampton to/from the ports of Cork, Belfast and Dublin. The new service to the Irish Sea is further expanding Unifeeder’s presence in Northern Europe and will allow us to offer our customers an even more extensive outport coverage. First sailings are already successfully completed, and will, going forward, run as a weekly fixed-weekday service. Service highlights Reliable service with fi...

In response to the continued strong Transpacific market demand and to further support the challenging service schedules for North America West Coast, MSC is pleased to announce two new weekly shuttles, connecting south and central China with Long Beach. Rotation of services The rotation of MSC’s new Puma service will be as follows, with the first sailing by MSC Bhavya, ETD DaChan Bay on 3 October: DaChan Bay – Shekou – Long Beach – DaChan Bay  The rotatio...

CMA CGM is pleased to announce the launch of the INDAMEX 2, a complementary service to the current INDAMEX, offering optimized connections to/from the INDIAN SUBCONTINENT and the US EAST COAST. With this new loop, CMA CGM strengthens its service offer on the trade, in order to match customers' strong demand. 8 vessels will be deployed (3 of them operated by CMA CGM), providing the only nonstop service between ISC and US EAST COAST in both directions. Service will start at the end of October...

As a disruptive force in the e-commerce space, the acquisition of HUUB strengthens Maersk´s technology capabilities, bringing the best attributes of a modern entrepreneurial agile workplace.   "HUUB is a great fit for Maersk, a curious team with inspiring founders. With HUUB we are acquiring world-class capabilities and talent that will allow us to greatly accelerate the development of our omnichannel offering. This will make it much easier for our customers to focus on their core b...

Announced this week at DSEI, the MOU has been put in place to provide unmatched access to established UK aerospace resources, as well as a fully integrated digital enterprise.   As pioneers of power, Rolls-Royce’s mission is to innovate efficient and sustainable power solutions to meet customers’ operational requirements and to protect our planet, secure our world and explore the universe. Rolls-Royce Defense family of digital small propulsion systems are being developed rapid...

Rolls-Royce will be showcasing its complete mtu NautIQ marine automation portfolio for the first time at the DSEI defense and security exhibition in London from 14 to 17 September (booth H7-210). The new portfolio includes a range of both new and proven platform management and ship control systems for vessels of all kinds and sizes, including naval and commercial ships as well as leisure craft. The mtu NautIQ automation system family has been specifically designed for both newbuild vessel syste...

Where winters are harshest, the toughest technology is required for marine operations to continue uninterrupted during the frozen months. For 30 years, Azipod® propulsion has proven to be up to the task, keeping harbours open and moving goods and people through the most challenging sea ice conditions on the planet. A revolution from the start, Azipod® technology has continued to break new ground, or ice, throughout its lifetime. More than 90 ice-going vessels equipped with Azipod® p...

The hybrid-electric exploration cruise vessel Le Commandant Charcot became the first vessel of its kind to reach the geographic North Pole on September 6, 2021, as it was completing the sea trials in preparation for welcoming guests for the maiden voyage later this year. Equipped with Azipod® propulsion technology, the luxury cruise ship produces minimal noise and vibrations to provide a comfortable passenger experience. Moreover, the ship’s energy storage system, supplied and integra...

Keppel Technology & Innovation (KTI) has received a verification certificate for a 3D printed deck mounted type Panama Chock (SWL150Ton) from DNV, the independent energy expert and assurance provider’s Global Additive Manufacturing Technology Centre of Excellence in Singapore. The component, which is intended for non-class maritime applications, is the world’s largest 3D-printed shipboard fitting. Shipboard fittings Panama Chocks are large shipboard fittings for towing and moo...

If the ocean were a national economy, it would be the seventh largest in the world. Contributions of the oceans to energy production, transport and sustainable food production are essential to the global economy. In the global ‘blue economy,’ environmental protection and economic growth are intrinsically linked, especially in the maritime industry. The European Union has detailed a realistic agenda for the blue economy to play a major role to achieve the objectives of the European...

Two new hybrid crew transfer vessels (CTVs) –MHO Asgard and MHO Apollo – arrived at MHO-Co’s headquarters in Esbjerg, Denmark, after making the 12,000 nautical mile journey from China’s AFAI Southern Shipyard. Measuring 34.4 meters in length and with an 11-meter beam, these vessels will be run by operator MHO-Co and service the Hornsea Project 2 offshore wind farm in the North Sea. Sustainable operations The vessels’ power system is the result of a collabora...

Kinder Morgan, Inc., one of North America’s largest energy infrastructure companies, is partnering with Neste, one of the providers of renewable and circular solutions, to create a premier domestic raw material storage and logistics hub in the United States, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals. Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the prim...

ClassNK is committed to providing comprehensive services to support the industry’s efforts for the transition to zero-emission of shipping business. In support of measures for GHG emissions reduction, ClassNK has released 'Guidelines for Ships Using Alternative Fuels'. They are the updates with safety requirements for ships using ammonia as fuel on previously issued 'Guidelines for Ships Using Low-Flashpoint Fuels' covering LPG/Methanol/Ethanol, and provide comprehensive information o...

Inmarsat, the pioneer in global, mobile satellite communications, has expanded its agreement to deliver maritime broadband to Hapag-Lloyd, after the global transport group renewed its Fleet Xpress contract for a further five years and committed 33 more ships to the very small aperture terminal (VSAT) service. Under the extended agreement, which now covers 77 ships, the Fleet Xpress hybrid of Ka-band and continuous L-band back-up service replaces Ku-band systems onboard ships merged into...

As the global maritime industry looks back on a hugely challenging year for seafarers, four major maritime charities will come together at Inmarsat, to explore how technology will shape the future for seafarers’ welfare. The Mission to Seafarers, in collaboration with The Seafarers’ Charity, Stella Maris and Sailors’ Society, will be fielding their CEOs, on each of the four panels. Promoting Seafarers welfare This half-day afternoon conference, ‘Meeting the needs of se...

In July 2020, two fully functional Maersk containers were skillfully painted with a rainbow to join Maersk’s fleet, and in March this year, they embarked on their first World Tour.   The first part of the journey for the 40 and 20-foot rainbow containers was aboard the Maersk Edmonton from APM Terminals Pier 400 in Los Angeles to Yokohama. The containers have stopped at several locations across Asia and Europe, before finally ending their tour in Denmark for Copenhagen Pride 2021....

The biggest lesson over the past year is that curveballs can come from anywhere and disrupt even the best-laid plans. Global logistics has to evolve and become more agile to swing more effectively. Smart digitalisation can help build resilience, increase end-to-end visibility and ultimately optimise global supply chains. Technological innovations allow logistics to not only move business, but to shape it. When done right, it enables new solutions that elevate opportunities and make logistics...