Saudi Arabia News

Being one of the world’s leading bottled water companies, the customer has over 95 production sites in 34 countries, employing more than 20,000 employees worldwide. They own several unique brands across Asia, Europe, and the Americas. The Challenge The customer was experiencing high shipping costs and quality issues caused by heavy cargo weights and underutilised containers. Only 55-60% of the container space was fully utilised because cargo loaded at the origin was reaching maximum we...

Classification Society ClassNK released its CBM Guidelines that explain the revised rules for using Condition Based Maintenance (CBM) in-class surveys to promote the use of CBM technology. Condition-based maintenance Condition-based maintenance, a method for monitoring the operating state of equipment, diagnosing the state of said equipment based upon the information obtained from such monitoring, and then performing necessary maintenance and inspections, has been attracting attention in recen...

PARAT Halvorsen AS contributes to a clean energy operation of Tersan shipyards vessel NB1089 with a new Electrical hot water system. The ship is designed by NSK Ship Design to be both efficient for business and the environment. The vessel's energy source is liquified natural gas (LNG) and it is accompanied by a large battery pack. This will lead to a reduction of diesel consumption in the transportation of live salmon and trout. The overall emissions of CO2 are reduced by 30% and 90% for N...

FESCO Transportation Group announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020. Maxim Sakharov, previously Vice President for Finance, will replace Aleksandrs Isurins who is stepping down as the Group’s President on the same date. Authority comment “On behalf of the Board of Directors, I want to thank Aleksandrs Isurins. During the time he served as the President, he implemented a number of strategic projects, restructured public debt...

Ocean Infinity, the next-generation marine robotics company announces that it has completed its project with Total E&P in Angola, one of the main branches of Total, a major energy player worldwide. Maximising sub-sea survey operations The project was the first time that geophysical, geotechnical, and seismic data has been gathered at the same time. This was achieved through simultaneous operations of Ocean Infinity’s state-of-the-art Autonomous Underwater Vehicles (AUVs) wi...

Ocean Infinity, the next-generation marine robotics company announces that it has completed its project with Total E&P in Angola, one of the main branches of Total, a major energy player worldwide. Maximising sub-sea survey operations The project was the first time that geophysical, geotechnical, and seismic data has been gathered at the same time. This was achieved through simultaneous operations of Ocean Infinity’s state-of-the-art Autonomous Underwater Vehicles (AUVs) wi...

ClassNK obtained accreditation on January 23, 2020, from the Japan Accreditation Board (JAB) as a GHG emissions verification body based on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) by the International Civil Aviation Organization (ICAO).Although global warming countermeasures are being discussed at the United Nations Framework Convention on Climate Change (UNFCCC), GHG emissions control in the international aviation sector, which operates across borders, will...

Maersk, a global integrated container logistics company, has recently started an end-to-end cold chain logistics solution for its customers exporting grapes from Nashik and Sangli to North Europe. With this new offering, Maersk is enabling the exporters from the region to supply high-quality Indian grapes to a global market and helping fetch higher returns for the farmer community in and around the Nashik district. Leveraging its variety of services throughout the supply chain, Maersk is improv...

Maersk, a global integrated container logistics company, has recently started an end-to-end cold chain logistics solution for its customers exporting grapes from Nashik and Sangli to North Europe. With this new offering, Maersk is enabling the exporters from the region to supply high-quality Indian grapes to a global market and helping fetch higher returns for the farmer community in and around the Nashik district. Leveraging its variety of services throughout the supply chain, Maersk is improv...

Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...

Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...

Following the cancellation of a number of global events, including the Mobile World Conference in Spain, ITB in Germany and the Geneva International Auto Show, the DIMDEX 2020 organising committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. DIMDEX 2020 event cancelled After extensive consideration, the DIMDEX 2020 organising committee has made the difficult decision to cancel the Doha International Maritime Defenc...

Alfa Laval’s PureBallast 3 has become one of the first non-Chinese ballast water treatment solutions to be type approved by the China Classification Society. With the Chinese type approval in hand, PureBallast 3 systems can now be installed on vessels that carry the Chinese flag. PureBallast 3 gets type approval certificate Alfa Laval has long had a strong position in the Chinese new-building market" The type approval certificate for PureBallast 3 was issued by the China Classification...

For more than 40 years, HAUG compressors have stood for the best and safest oxygen compressors on the market. For the compression of pure oxygen, oil-free compressors are essential. Due to the high flammability and oxidizing properties of oxygen, it is also important during the production process that the machines are manufactured in an absolutely clean environment. With the experience and specialist knowledge, we are the right partner for individual oxygen solutions.

For more than 40 years, HAUG compressors have stood for the best and safest oxygen compressors on the market. For the compression of pure oxygen, oil-free compressors are essential. Due to the high flammability and oxidizing properties of oxygen, it is also important during the production process that the machines are manufactured in an absolutely clean environment. With the experience and specialist knowledge, we are the right partner for individual oxygen solutions.

Sauer Compressors offers a full range of high-pressure compressors which are ideally suited for professional breathing air application even in continuous operation. In addition to breathing air systems for governmental customers and navies, Sauer also offers individual solutions for professional diving companies and offshore service providers. Based on the robust Sauer high-pressure compressors, Sauer also supplies complete breathing air solutions including breathing air filtration and filling...

Sauer Compressors offers a full range of high-pressure compressors which are ideally suited for professional breathing air application even in continuous operation. In addition to breathing air systems for governmental customers and navies, Sauer also offers individual solutions for professional diving companies and offshore service providers. Based on the robust Sauer high-pressure compressors, Sauer also supplies complete breathing air solutions including breathing air filtration and filling...

One of the largest fashion and design groups in the world, H&M Group, has chosen Maersk ECO Delivery to reduce the company’s carbon footprint in transportation. The initiative uses sustainable biofuel to power selected Maersk-vessels and helps H&M to make progress towards its ambitious sustainability goals. H&M Group pushes for sustainability With more than 5,000 stores worldwide and an extensive online presence, H&M Group is in a unique position to make a substantial dif...

One of the largest fashion and design groups in the world, H&M Group, has chosen Maersk ECO Delivery to reduce the company’s carbon footprint in transportation. The initiative uses sustainable biofuel to power selected Maersk-vessels and helps H&M to make progress towards its ambitious sustainability goals. H&M Group pushes for sustainability With more than 5,000 stores worldwide and an extensive online presence, H&M Group is in a unique position to make a substantial dif...

The Board of Directors of Pacific International Lines (Private) Limited (“PIL”) announces that Mr. Kwa Wee Keng is appointed Executive Director – Finance Division of PIL with effect from 15 February 2020. He is responsible for PIL Group’s finance and treasury activities. Kwa Wee Keng Wee Keng graduated with B. Acc (Hons) and a Master’s degree in accountancy from Nanyang Technological University, Singapore. He also holds an MBA with Distinction from The University...

In fulfilling its mission to provide the most optimised service to its customers, Evergreen Marine Corporation (Evergreen Line) has launched ‘GreenX’ platform. Responding to the need for greater efficiencies through digitalisation, GreenX allows customers to enjoy seamless booking capabilities, in addition to direct access to integrated trade services. GreenX digital platform GreenX has received nearly two thousands of sign-ups via this one-stop digital platform GreenX provides a...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

In recent years, with the growing need for ESG investment and SDGs management, social transformation utilising digital technology is rapidly progressing. In the maritime industry, attempts are being made to create new value by collecting and utilising data on ship operations and cargo movements and sharing it among different players to promote further innovation. Advances in digital technology are also introducing unprecedented ways of ensuring safety, such as data condition monitoring and...

In support of international military collaboration and exchange, the organising committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) will host the Middle East Naval Commanders Conference (MENC) under the theme Resilience in the Maritime Domain – Confronting Asymmetric Threats. The upcoming MENC edition will feature panel discussions that will once again address today’s multifarious naval security challenges. Under the auspices of HE Dr. Khalid...

In support of international military collaboration and exchange, the organising committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) will host the Middle East Naval Commanders Conference (MENC) under the theme Resilience in the Maritime Domain – Confronting Asymmetric Threats. The upcoming MENC edition will feature panel discussions that will once again address today’s multifarious naval security challenges. Under the auspices of HE Dr. Khalid...

The members of the Alliance, Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express, and Yang Ming announced updated details of the 2020 Service Network, focusing on the Asia-Middle East trade lane. The Alliance will introduce three newly organised express loops from early April and these services will provide higher frequency, direct and expanded coverage, and the fastest connection from the respective regions. Asia and the Middle East AG1 Ningbo – Kaohsiung – Xiamen &ndas...

In support of international military collaboration and exchange, the organising committee of the Doha International Maritime Defence Exhibition and Conference 2020 (DIMDEX 2020) will host the Middle East Naval Commanders Conference (MENC), under the theme – ‘Resilience in the Maritime Domain - Confronting Asymmetric Threats’. The upcoming MENC edition will feature panel discussions that will once again address current multifarious naval security challenges. Under the auspices...

To address a vital need in global trade, A.P. Moller - Maersk is developing an integrated cold chain offering that will reduce food waste, minimise complexity for customers, and put the business in an even stronger position to tap into the high-growth market for perishable goods.   Whether you are transporting fruits, fish or medicine, getting delicate, temperature-sensitive goods to market is a long, complicated and often wasteful journey. Challenges Companies experience frustratin...

To address a vital need in global trade, A.P. Moller - Maersk is developing an integrated cold chain offering that will reduce food waste, minimise complexity for customers, and put the business in an even stronger position to tap into the high-growth market for perishable goods.   Whether you are transporting fruits, fish or medicine, getting delicate, temperature-sensitive goods to market is a long, complicated and often wasteful journey. Challenges Companies experience frustratin...