Puerto Rico News

FESCO Magadan and FESCO Moneron were on the sanctions list of Treasury Department of the US, states FESCO

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...

FESCO vessels continue their operation within the framework of marine coastal service FESCO Magadan Line

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

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) enhances China to East Africa Service with two new direct services – EAS and EA3

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...

A.P. Moller – Maersk’s customised lifestyle logistics solution offers end-to-end supply chain management for Jay Jay Textiles

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...

DESMI Ocean Guard signs fleet agreement with ELREEDY SHIPPING, Egypt

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 reach milestone toward fuel cell-powered marine transport

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...

SBM Offshore declares interest in Northern Ireland Floating Offshore Wind Project

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...

WinGD expands global training partnership with DCS POWER PTE LTD to enhance skills of the crews for the vessels of tomorrow

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 to present 5G Connectivity and unique suite of solutions at MWC Barcelona 2022

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...

NIMASA renews MoU with World Maritime University

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...

CULINES sets out on its maiden voyage of rail-sea intermodal transport

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...

Blue Water has expanded its presence by establishing offices in Brisbane, Melbourne and Perth in 2021

For years, Blue Water has been active within Oil & Energy and Renewables projects in the southern hemisphere. Due to the growing demands for transport and logistics services to projects of the Oil & Gas, Wind, Renewables, Infrastructure, Mining and Hydrogen industries in Australia, Blue Water has expanded its presence by establishing offices in Brisbane, Melbourne and Perth in 2021. The company established its first Australian office in Sydney in 2012. Transport and logistics solution...

High-level delegates receive event updates at DIMDEX 2022 official diplomat briefing session

As the countdown begins for the seventh edition of the Doha International Maritime Defence Exhibition and Conference (DIMDEX), the Organising Committee provided an update on the preparations and an overview of the event, at a diplomat briefing session, at Sharq Village and Spa, on February 21, 2022. One of the most awaited events on the international maritime defence and security calendar, DIMDEX 2022 is shaping up to be the biggest and most diverse edition ever, with more than 200 companies fr...

MHI-MME signs licensing agreement with Mitsui E&S Machinery on production and sale of MET Turbochargers

Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHI-MME), a Mitsubishi Heavy Industries (MHI) Group company based in Nagasaki, has concluded a licensing agreement giving Mitsui E&S Machinery Co., Ltd., a Mitsui E&S Holdings Co., Ltd. Group company rights to manufacture and sell its MET turbochargers. The MET lineup is exhaust gas-type turbochargers engineered for use with diesel engines. Manufacturing turbochargers  The newly concluded lic...

Yang Ming to launch China-Australia direct service “CA2”

Yang Ming Marine Transport Corporation (Yang Ming) has announced a new direct service connecting China and Australia. The CHINA-AUSTRALIA-2 SERVICE (Loop Code: CA2) will set sail on 10 March 2022 (ETA Qingdao). Deploying a fleet of six 3,500-3,900 TEU vessels, this new service is a joint operation with T. S. Lines Ltd., Pacific International Lines (Pte) Ltd., and Sea Lead Shipping. The rotation of CA2 is Qingdao – Shanghai – Nansha – Shekou – Sydney – Melbourne...

PIL launches new service between China and Australia - Sino Australia Express (SAE)

Pacific International Lines (PIL) is pleased to introduce a new weekly express service connecting China and Australia. The new service, known as Sino Australia Express (SAE), will commence on 10 March 2022 from Qingdao. SAE aims to augment PIL’s existing services connecting China with Australia and is served by a consortium of six vessels with an average capacity of 3900 TEUs, jointly deployed by PIL, T.S. Lines, Yang Ming and Sea Lead Shipping. Meeting the demands of customers Mr. To...

Wrist acquires Centralam Panama, strengthening its position at strategically important maritime hub

Wrist, the world’s largest supplier of provisions, stores and spare parts logistics to ships and offshore locations, acquires Centralam Panama, a recognised ship chandler based at the Pacific side of the Panama Canal. With the acquisition, Wrist is expanding its global reach and securing a foothold at one of the world’s most important maritime crossroads while at the same time enhancing Centralam Panama’s market position. In acquiring Centralam Panama, Wrist is expanding its...

The Seafarers Charity grant funding supports CHIRP maritime

The Confidential Human Incident Reporting Programme (CHIRP Maritime) has provided an independent and confidential safety reporting system for incidents, accidents, and near misses at sea to seafarers worldwide since 2013. Raising awareness, improving safety Reports are received directly from seafarers and analysis is published on CHIRP's website and in its Maritime FEEDBACK paper publication in the languages most spoken by seafarers (English, Chinese, Filipino, Indonesian, and sever...

Wilhelmsen acquires stake in Reach Subsea

Together, Wilhelmsen and Reach will form a strategic partnership to commercialise the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions. Potential in subsea markets  Jan Eyvin Wang, Executive Vice President, New Energy at Wilhelmsen says, “We have been actively assessing the subsea market to find a company that could add complementary scale to our ambition within renewables." "We see potential to grow within emerging sectors such as of...

ClassNK announces sustainability-linked loan agreement with ORIX Corporation to calculate CO2 emissions of vessels

Globally renowned and Tokyo-leading Classification Society, ClassNK will calculate the CO2 emissions from the ships to be financed under the Sustainability-Linked Loan, provided by ORIX Corporation (ORIX). The ship finance agreement signed between ORIX and a ship owner in Hong Kong is the sustainability-linked loan. ClassNK – ORIX Finance Deal ClassNK will calculate the CO2 emissions of the vessels, to ensure objectivity and fairness of the loan framework A standard value is set for th...

Thordon Bearings notes resistance to change preventing global shipping’s move to zero pollution

Ship owners, operators and managers responding to an environmental survey, carried out by Canadian-based McMaster University’s DeGroote School of Business, have acknowledged the need to reduce operational oil leakage from propeller shafts, but a lack of understanding about cleaner alternatives is preventing any meaningful technological change. Environmental survey Researchers questioned more than 1000 marine industry professionals in 2021, in order to better understand why the majority o...

Rolls-Royce To Deliver Mtu Series 2000 IMO III Yacht Engines To US For First Time

Rolls-Royce is delivering its new generation mtu Series 2000 engines which comply with the strict emissions regulations IMO III and EPA Tier 3 Recreational for the first time for a yacht to be built in the US. Rolls-Royce will provide two 16V 2000 M97L engines with integrated SCR system and a power output of 1939 KW (2600 bhp) each. The engines will be installed in a Westport 125 yacht. Rolls-Royce is also delivering its automation solution mtu NautIQ Blue Vision NG for monitoring and contr...

MAN Energy Solutions Signs Cooperation Agreement With Hyundai

  MAN Energy Solutions has signed a cooperation agreement with Hyundai Global Services (HGS) – after-sales division of shipbuilder and engine maker, Hyundai Heavy Industries Co.- Ltd. (HHI) – to deliver its Overridable Power Limitation (OPL) solution to MAN B&W-branded low-speed engines manufactured by HHI’s Engine & Machinery Division, HHI-EMD. Effective immediately, the agreement is set to run for an initial period of two years.  Jens Seeberg, Senior M...

ABB secures US$ 30 million order for satellite imaging technology helping detect environmental changes in near real-time

ABB has been awarded a contract worth around US$ 30 million by the Canadian data and analytics company - EarthDaily Analytics (EDA), to develop and manufacture next-generation multispectral imaging systems, which are to be placed on 10 satellites (including an in-orbit spare) that will circle the Earth. The order was booked in the first quarter of 2022. Multispectral imaging systems Multispectral imaging systems capture data at specific light frequencies across a wide spectrum, and the EarthDa...

ABB’s Turbocharging division unveils their new name Accelleron to represent a powerful brand

ABB announces that its Turbocharging division (PA), a pioneer in heavy-duty turbocharging for diesel and gas engines, has unveiled its new brand name ‘Accelleron’, a compound word of: Access – Accelerate – Excel – on and on, with a bold new colour of bright purple representing a powerful, inspirational, and noble brand. The new brand is centred around the company's purpose: ‘Together we inspire, innovate & exceed expectations’ – setting indust...

MPC Container Ships ASA announces that the company is an official supporter of Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

MPC Container Ships ASA and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a project support agreement, which makes MPC Container Ships ASA an official supporter to the centre. Market analysis capabilities MPC Container Ships ASA will contribute to the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping’s work with market analysis capabilities, building industry insight and strategic industry and policy recommendations, which are focused o...

CMA CGM announces the launch of the SMART reefer container, a connected container to ensure safe transport of refrigerated goods

With CMA CGM’s SMART reefer container, people can track the position and status of their refrigerated goods and ensure that they are being transported in optimal conditions. The SMART reefer container, supply chain management is facilitated through an intuitive online interface that is updated in real time. This enables them to be more proactive at every step of the transport process. SMART reefer containers CMA CGM’s SMART reefer containers are equipped with state-of-the-art Emer...

Parat ships Edvard Grieg Electrode boliers

In June 2020 PARAT Halvorsen was awarded the contract to supply 2 x 17MW High Voltage Electrode Boilers for Lundin Energy Norway's platform Edvard Grieg. PARAT has designed and manufactured a complex EX-certified boiler package for outdoor installation, and on 31.01.2022 the delivery protocol was signed by PARAT Halvorsen and Aker Solution. Boiler installation on the deck Aker Solution has delivered a structure that already has been installed at Edvard Grieg. All is ready for the bo...

MSC CEO speaks about need for decarbonization technologies at the One Ocean Summit

MSC CEO Soren Toft joined Head of States and CEOs of other major container lines to discuss ocean protection and the importance of decarbonising shipping at the One Ocean Summit, a global summit dedicated to the protection of the oceans organised by French President Emmanuel Macron. “At MSC, our heritage is the sea, our present is the sea, and our future is the sea,” Soren said. Net decarbonisation by 2050 During his speech, he focused on MSC’s commitment to achieving net de...

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