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Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...
In a world-first for the marine industry, Unifeeder-operated vessel, ‘ElbBlue’ was fuelled with liquefied SNG for a trial voyage, in a major boost for the shipping industry’s efforts to reduce its carbon emissions. Carbon-neutral liquefied SNG The liquefied SNG, produced at Kiwi’s Power-to-Gas facility in Werlte, Germany, is a synthetic form of LNG that is carbon-neutral and generated from 100% renewable energy. With the European Commission releasing a proposal this ye...
Maersk Kanoo, UAE (part of A.P. Moller - Maersk) has partnered with Danish Pavilion for Expo 2020 Dubai that opens its gates next month. Maersk will be present at the Danish Pavilion, throughout the six months of Expo 2020 Dubai, to welcome and interact with the visiting customers, and businesses that are curious to know more on how Maersk transports goods around the world. Expo 2020 Dubai Expo 2020 Dubai revolves around three key themes – mobility, sustainability and opportunity. Maersk...
Wrsit's logistics branch in Copenhagen has launched its new and groundbreaking forwarding platform. It is based on the latest within Cloud Technology, setting new standards for the future of forwarding business in Wrist. The online portal is developed to meet the current and future needs of customers, supporting the demand for a higher level of digitalisation. Automatic real-time tracking and complete transparency Log on to Wrist's logistics customer portal, where users can follow orders with...
CMA CGM has advised that in order to recover schedule reliability on SAFRAN service, connecting Europe with East Coast South America, the Le Havre call suspension will be extended for a further eight-week period. Le Havre call suspension extended The service change is effective m/v CAP SAN AUGUSTIN voy. 0EWAHS1MA, starting her rotation in Rotterdam ETS, on October 20th, 2021. SAFRAN's rotation will be temporarily adjusted as follows: Rotterdam (Thu/Fri) - London Gateway (Sat/Sat) - Hamburg (...
Inmarsat, the world renowned company in global mobile satellite communications, has secured a contract for its new Fleet LTE service, covering the connectivity needs of several Solstad Offshore North Sea vessels. Offshore vessel operators commonly buy LTE and VSAT connectivity separately, using LTE when within range of shore, rigs or wind farm networks then relying on crew to switch manually to VSAT beyond 4G coverage limits. Costs can be hard to control where services are billed separate...
Globally renowned container logistics company, A.P. Moller - Maersk (Maersk) signed an agreement, on Monday, September 27, 2021, to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), which is headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange, and Hong Kong Stock Exchange. Maersk Container Industry (MCI) will become part of a market renowned company in the container equipment industry. CIMC will take over...
BAE Systems. has successfully completed the management and delivery of planned overseas support for the UK’s Carrier Strike Group 21 (CSG21). The carrier group sailed from the UK in May and has been supported by BAE Systems throughout its deployment. BAE Systems engineers and technicians have overseen the maintenance of aircraft carrier HMS Queen Elisabeth, Type 45 destroyers HMS Defender and HMS Diamond, and Type 23 frigates HMS Kent and HMS Richmond, in a number of countries a...
Maersk with its partner is launching its second dedicated warehouse in South Africa, trading under the name of Precool Cold Storage. The Cold Store is a part of its existing warehousing and distribution site in Hammarsdale, in Kwa-Zulu Natal, and is expected to be operational in early January 2021. Increasing the capacity of the existing cold store operations, which can handle temperatures from ambient to -25C and has dedicated sections for frozen and chilled cargo thereby serving the fruit,...
At an event at the China Classification Society in Beijing, A.P. Moller-Maersk signed three separate cooperation framework agreements with the China Classification Society (CCS) to join hands with CCS on its decarbonisation journey. Mr. Jens Eskelund, Managing Director of Maersk China Limited signed the agreement with Mr. Sun Feng, CCS Vice President in witness of Mr. Thomas Østrup Møller, Danish Ambassador to China, and Mr. Mo Jianhui, CCS Chairman & President. Technologic...
Stena Line is to continue its expansion on the Baltic Sea during 2022, increasing both freight- and passenger capacity. The Swedish family-owned ferry company announces that they will deploy their two new 240-metre-long fuel-efficient E-Flexer ferries, on the Nynäshamn-Ventspils in 2022. Stena Line also announces plans to increase the capacity on the Karlskrona-Gdynia route with the deployment of the two large and modern ferries Stena Scandica and Stena Baltica. Freight and passenger capa...
Classification society DNV has introduced the new Abate class notation, designed to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions. Altera Infrastructure is the first FPSO owner to pilot the DNV notation on the Petrojarl Knarr FPSO, with successful results so far. Decarbonisation The maritime industry is eager to investigate how they can improve the sustainability of their installations The Intern...
Rolls-Royce North America has been selected to provide the powerplant for the B-52 Stratofortress under the Commercial Engine Replacement Program (CERP), further extending a long history of powering the United States Air Force. The decision means the American-made Rolls-Royce F-130 engine will power the B-52 for the next 30 years. The Air Force made the announcement after a vigorous multi-year competition. The F130 and its commercial family of engines have accumulated more than 27 million en...
Rolls-Royce and Sanlorenzo have agreed to deepen their successful cooperation and to give their partnership a new dimension with future technologies in the coming years: Rolls-Royce business unit Power Systems will be one of the leading suppliers for Sanlorenzo within the next three years as main propulsion provider for certain yachts of the SL line, delivering mtu 10V, 12V and 16V 2000 yacht engines with a compact IMO 3 solution. Sanlorenzo will also be one of the first builders to equip a...
Babcock, the aerospace, defense and security company, was joined by UK Secretary of State for Defense and Shipbuilding Tsar, Rt Hon Ben Wallace MP to cut the first steel for the first of the Royal Navy’s five new Type 31 frigates, HMS VENTURER. Hosted at Babcock’s facility in Rosyth, Scotland, where the Type 31 Inspiration class ships are being built, representatives from across UK and international industry and public service, witnessed the historic ceremony signaling the officia...
Rolls-Royce and Overmarine are continuing their successful cooperation and will move into the future together with new technologies in the coming years. The two partners signed an agreement to this effect at the Monaco Yacht Show. Rolls-Royce will continue to supply Overmarine with mtu Series 2000 engines for its Mangusta yacht family. In addition, options to supply mtu hybrid propulsion and the state-of-the-art mtu NautIQ Bridge integrated bridge solution are part of the framework agreement...
IMCO Group, a defence provider of comprehensive solutions for air, ground, and naval applications announced the acquisition of the assets and activities of Innocon Ltd., an innovative Israeli developer and manufacturer of Micro, Mini and Tactical unmanned aerial systems as well as mission systems for manned light airplanes. IMCO Group acquires Innocon’s assets and activities through one of its subsidiaries who, among other activities, provides unprecedented aerial and aviation capabilitie...
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,...
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