South Africa News

SBM Offshore prices US$850 million senior secured notes transaction

SBM Offshore is pleased to announce the successful pricing of a US$850 million non-recourse senior secured notes transaction in a 144A/Reg S offering by a subsidiary company. The issuer of the notes is Guara Norte S.à r.l. (Guara Norte), which owns the FPSO Cidade de Ilhabela. SBM Offshore owns 75% of the equity in Guara Norte and the remaining 25% equity is held by Mitsubishi Corporation. Transaction details The notes are rated Ba1 (Moody’s) and BB+ (Fitch) and were priced at 99...

FESCO sent the first container train with cars from China to the Bely Rast Terminal and Logistics Center

FESCO Transportation Group has sent the first container train loaded with cars from the city of Chongqing (China) to the Bely Rast Terminal and Logistics Center via Mongolia. The route goes through the border checkpoints of Erlian/Zamyn-Uud/Naushki. Transport volume FESCO has experience in transporting containerised imported cars and semi-knocked-down kits The first train consisting of fifty 40FT containers loaded with 150 cars arrived at the Bely Rast Terminal and Logistics Center (a joint v...

Neste’s renewable products helped customers to reduce greenhouse gas emissions globally by 10 million tons in 2020

In 2020, Neste’s renewable products helped customers in several geographic markets to reduce greenhouse gas emissions by 10.0 million tons altogether. This amount equals the annual carbon footprint of 1.5 million average EU citizens (source: World Bank) or the removal of 3.7 million passenger cars from the roads for a full year. “We are committed to help customers reduce greenhouse gas emissions by 20 million tons annually by 2030. We aim to achieve this commitment with our portfoli...

From vision to vessel - Stena Line plans to launch fossil-free ships, as part of the Tranzero Initiative collaboration project, before 2030

Globally renowned ferry company - Stena Line plans to start operating two fossil-free battery powered vessels on the route between Gothenburg and Frederikshavn in Denmark, no later than in 2030. This was announced by Stena Lines’ Chief Executive Officer (CEO) - Niclas Mårtensson, during a press conference about the industry collaboration project - Tranzero Initiative, in Gothenburg, on Thursday, 4 February, 2022. Tranzero Initiative collaboration project The aim is to cut emission...

Yang Ming to take delivery of one more 11,000 TEU new chartered vessel - ‘YM Target’

Given the increased demand before the Chinese New Year and THE Alliance’s service deployment, Yang Ming Marine Transport Corp. (Yang Ming) will take delivery of one more 11,000 TEU new chartered vessel - ‘YM Target’ on February 5th, 2021. With the support from the ship owner, YM Target can be delivered and join Yang Ming’s global fleet nearly three months ahead of schedule. The vessel will be deployed to THE Alliance’s Trans-Pacific route PN3 and provide efficient...

Trelleborg receives a contract from Randaberg to provide Vikotherm R3 thermal insulation on the Hod Field Development Project

Trelleborg’s offshore operation in Norway has been awarded a contract by Randaberg Industries AS, to provide Vikotherm® R3 thermal insulation for the 10-inch VFS-2 spool skid to be installed on the Hod Field Development Project, located on the Norwegian Continental Shelf in the North Sea. This collaboration between Trelleborg, Randaberg Industries AS and Subsea 7, is the first contract for the application of Trelleborg’s Vikotherm® R3 material on pipeline spool field joints....

A.P. Moller - Maersk making way for better efficiency for a global technology leader in the automotive industry

The customer is a global technology leader who specialises in the design and manufacture of premium, light, medium, and heavy-duty vehicles. In addition to this, they also design and manufacture advanced diesel engines, provide financial services, information technology, and distribute truck parts related to their principal business. They have 27,000+ employees globally and have group sales of $25B with an extensive dealers’ network in more than 2200 locations in +100 countries. The chal...

Wan Hai Lines to launch independent AA1/AA2/AA3/AA5 service

In order to provide a more comprehensive service coverage to USWC, Wan Hai Lines is pleased to announce its plan to launch four weekly services from Asia to USWC.  These services are revamped from Wan Hai’s existing service structure, so as to meet their strong customer requirements. Port rotation Port rotation of the services are as following: AA1: Shanghai-Ningbo-Los Angeles-Shanghai AA2: Kaohsiung-Yantian-Long Beach-Yantian-Kaohsiung AA3: Haiphong-Cai Mep-Hong Kong...

ROC Kop van Noord-Holland signs a new deal to upgrade their maritime simulators to NAUTIS 3

The relationship between VSTEP and ROC Kop van Noord-Holland continues to flourish, as ROC Kop van Noord-Holland signed a new deal to upgrade their maritime simulators to NAUTIS 3. ROC Kop van Noord Holland is one of the training institutes of the Netherlands that offers vocational training to thousands of students and participants each year. Their maritime training center has signed a deal with VSTEP to upgrade their existing NAUTIS 2 maritime simulators to NAUTIS 3. Including software upgrad...

CULines signs strategic cooperation agreement with COSCO SHIPPING specialised and CHINT

The signing ceremony of the strategic cooperation agreement between CULines, COSCO SHIPPING Specialized and CHINT took place at the COSCO SHIPPING Specialized Headquarters – Guangzhou Ocean Plaza. Leaders and guests present included the following: President Zhang Zhihuan and Vice President Zhang Wanli of CHINT, Chairman Chen Wei and Assistant to General Manager Gu Weidong of COSCO SHIPPING Specialized, Deputy General Manager Song Xiaoming of Guangzhou Port Group, General Manager Xi Yu and...

CULines signs a contract for the building of 2+2 container vessels with CSSC Huangpu Wenchong

CULines signed a contract for the building of 2+2 1900 TEU container vessels with CSSC Huangpu Wenchong and held the signing ceremony at the Nansha factory of CSSC Huangpu Wenchong. Deputy Director Pan Yuzhang of the Administrative Committee of the Guangzhou Nansha Economic and Technological Development Zone, Deputy General Manager Song Xiaoming of Guangzhou Port Group, Chief Operating Officer Wang Jianmin of Port and Shipping of Administrative Committee of Hainan Yangpu Economic Development Zo...

FESCO’s vessel departs for Antarctica to supply Indian research stations

On 26 January 2021, the icebreaker of FESCO Transportation Group ('FESCO') - 'Vasiliy Golovnin' departed from the port of Cape Town (South Africa) to Antarctica, carrying supplies for the Indian research stations. The expedition will be completed at the beginning of May 2021. Cargo transported to Antarctica In Cape Town, South Africa,  the vessel was loaded with 1138 tons of various cargo including equipment, fuel and food. The vessel will also transport 50 Indian researchers to the Indi...

Wallem implements Ocean Technologies Learning Platform

Wallem has signed an agreement with the Ocean Technologies Group to implement its recently launched OCEAN Learning Platform. Delivers management solutions The OCEAN Learning Platform delivers blended learning, assessment, and competency management solutions The OCEAN Learning Platform is designed to deliver blended learning, assessment, and competency management solutions to improve knowledge, skills, and behavioural development. The new platform will boost learner interaction and engagement...

Wan Hai Lines receives the contract for twelve new-build 3,013 TEU ships from JMU/Nihon Shipyard

After its last order of 8 container ships from Japan Marine United Corporation (JMU), back in November 2018, Wan Hai Lines again contracted twelve new-build 3,013 TEU ships with JMU/Nihon Shipyard Co Ltd. (NSY). This new series of vessels are expected to be delivered successively from the end of October 2022. As part of Wan Hai’s continuous efforts on providing quality shipping service to its customers, the most advanced design specifications will be employed to ensure higher energy effic...

Aramco streamlined their global supply chain with Maersk’s 4PL solution

The concept of 4PL emerged a few years ago when large businesses started noticing complexities in their supply chain multiverses. Due to the size of their operations, changing requirements, and evolving markets, regional supply chains often worked efficiently but without cohesion. Aramco Chemicals Company, a foremost global petrochemical company, was in a position where they realised that their supply chains were too scattered to monitor effectively. So, they wanted to partner with a leading lo...

OCIMF joins new PIANC Working Group and seeks members’ input on safe operations

OCIMF has joined the World Association for Waterborne Transport Infrastructure’s (PIANC) Maritime Navigation Commission Working Group (MarCom WG) in revising Report No. 212 Criteria for Acceptable Movement of Ships at Berths (Update of MarCom WG24). OCIMF Marine Structures and Civil Engineering (MSCE) members regularly participate in PIANC to provide operational, inspection, and maintenance expertise, especially when external guidance could potentially impact the oil and gas sector, membe...

Novenco awarded the contract of HVAC equipment with Lenin Fishing Company for a Wärtsila design 121 m Factory Trawler

Novenco announced that Novenco Norway/Russia has been awarded the contract for the design, supply and commissioning of HVAC Equipment with Lenin Fishing Company for a Wärtsila design 121 m Factory Trawler to be built at Yantar Shipyard in Kaliningrad, Russia. The project will be executed by Novenco’s office in Oslo, Norway. The HVAC equipment will be delivered during the second quarter of 2021. The vessel will be delivered in 2022.

Novenco Marine & Offshore wins contract to design and supply HVAC equipment for Wärtsila design factory trawler

Novenco Marine & Offshore is proud to announce that company has been awarded the contract for the design, supply, and commissioning of HVAC equipment with Lenin Fishing Company, for a Wärtsila design 121-meter Factory Trawler, to be built at Yantar Shipyard in Kaliningrad, Russia. The project will be executed by Novenco Marine & Offshore’s office in Oslo, Norway. The HVAC equipment will be delivered during the second quarter of 2021. The vessel is scheduled to be delivered in...

2021 Global 100: Neste ranked as the world’s 4th most sustainable company

Neste has placed 4th on the Corporate Knights’ Global 100 list of the world’s most sustainable companies. This marks the company’s 15th consecutive inclusion on the Global 100 list. Neste has been included on the list continuously for longer than any other energy company in the world. “We are pleased to be recognised as one of the most sustainable companies in the world. Many businesses are continuously improving their sustainability efforts and placing on the list gets...

The Alliance announces Transatlantic Service Network adjustments for 2021

In addition to the network adjustments, the members of THE Alliance will also revise their Transatlantic Network for 2021 to offer customers a more stable network to cater to the growing market demand. The setup of THE Alliance’s network has been evaluated and reconfigured to offer a more focused product with further improved reliability while keeping the existing wide range of port coverages. Restructuring of the Transatlantic services’ set up will commence from Q2 of 2021. Rotati...

CULINES launches an ad-hoc voyage to Europe during the Spring Festival

To further ease the tension that existing vessels are not enough to satisfy the needs of customers, CULINES announced that the first ad-hoc container vessel under the China-Europe service deployed for the Spring Festival would make its maiden service on February 6. Called at various ports In the maiden service to Europe, the CULINES’ ad-hoc container vessel for the Spring Festival will call at the ports of Rotterdam and Hamburg, the biggest ports in Europe. Besides, the vessel will call...

The launch of NORMA Cyber, Norway’s cyber security centre, generates widespread interest in the field of maritime cyber security

NORMA Cyber was formally opened on 1 January 2021. The centre will provide cyber security services to Norwegian shipping companies and several ship owners, who have already become members of NORMA Cyber. “We have experienced great interest from the shipping and maritime industries, and the ambition is to give Norwegian shipping an international competitive advantage, as digitalisation in shipping picks up speed,” said Lars Benjamin Vold, Managing Director of NORMA Cyber. Maritime c...

The Alliance unveils expanded service network for 2020

The members of the Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming welcomes Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, the Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020. Based on the existing comprehensive network of the Alliance, the newly enhanced product package will offer increasing frequency particularly from South East Asia, as well as new direct port coverage...

First export of cashew seeds to Vietnam using SPIL

Indonesian Minister of Agriculture, Dr. Syahrul Yasin Limpo, SH., M.Sc., M.H through his staff inaugurated the first cashew export release event on January 14, 2021 using the SPIL ship. This cashew cargo from North Buton will be exported to Vietnam, the stuffing process will be carried out on January 11, 2021 at the Bungkutoko Depot by SPIL TOLL INDONESIA. SPIL holds pride Usman hopes that in the future SPIL can continue to be involved in other programs planned by the government Through the...

SITC International and Yangzijiang Shipbuilding held a ceremony for the naming of the new ship, 'SITC Singapore'

SITC International and Yangzijiang Shipbuilding held a ceremony for the naming and delivery of the new ship - ‘SITC Singapore’. Mr. Xue Mingyuan, Executive Director of SITC International, President of SITC Shipping Group, Mr. Xiao Senyuan, Vice President of SITC Shipping Group, Mr. Ren Letian, Chairman of Yangzijiang Shipbuilding Group, Mr. Wan Jian, President of Jiangsu Maritime Vocational and Technical College, Ritong International Logistics East Asia Mr. Xing Fangliang, the head...

A.P. Moller- Maersk, The Ocean Cleanup extend relationship with new three-year partnership

The Ocean Cleanup’s mission is to develop advanced technologies to rid the world’s oceans of plastic. To achieve this goal, the organisation aims to stop the inflow via rivers and clean up what has already accumulated in the ocean. Its ultimate goal is to reach a 90% reduction of floating ocean plastic by 2040. Oceans healthy environment “As a responsible maritime operator, we are committed to ensuring that the oceans can remain a healthy environment for generations to come.&...

Neste and Avfuel Corporation to create continuous supply of sustainable aviation fuel (SAF) in the United States

Neste and Avfuel Corporation announce a strategic partnership to create an efficient, continuous supply of sustainable aviation fuel (SAF) in the United States. Neste will provide Avfuel with SAF in volumes able to meet the growing demands of Avfuel’s customers, including fixed base operators (FBOs), airports, flight departments, original equipment manufacturers (OEMs), and commercial operators. Avfuel will be a branded SAF distributor for Neste, and will sell it under the brand name Nest...

CULines and PUTBOX Reach strategic co-operation

China United Lines Ltd. (CULines), through its logistics investment division, CULines International Shipping Agency Co., Ltd. Guangzhou Branch – has reached in-depth partnership with PUTBOX, a leading Internet platform for the road transportation of containers in China, and completed strategic investment in the latter. The two sides aim to jointly build up an industrial Internet platform and develop the financial transaction market for the container truck industry in the Greater Bay Area,...

Novenco awarded the contract order for HVAC Equipment to Type 31e Frigate Project

Novenco AS in Norway is proud to have been awarded the contract for design, supply, certification and commissioning of the Chilled Water Plant and HVAC equipment to the Type 31 General Purpose Frigates for the UK Royal Navy. The order is for supply to five vessels and was received from Babcock International Group. The Type 31 Frigates will be built at Babcock’s Rosyth site in Scotland. About Type 31 Frigate Each type 31 Frigate will be 139 meters long. Babcock’s Arrowhead 140...

BWS created good partnership and value for customer

Furnipart and Blue Water have just extended and expanded their cooperation covering transport from the Far East to the company’s domicile in Hinnerup, Denmark. The new agreement entails that Furnipart’s transport will change from sea freight to rail transport in the future. Rail transport Rail transport brings several advantages to Furnipart. The duration of the transport of 15,000 kilometres will be shortened by approx. 14 days, and this means that their design handles and knobs...

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