United States of America (USA) News

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...

Allweiler launches the next-generation AEB-DE progressing cavity pump series of four pump sizes that share one installation footprint and are capable of bi-directional flow. Combining proven features from two dosing pump ranges with newly optimised rotor and stator geometrics, Allweiler customers benefit from the utmost in accurate dosing of high viscosity and particulate-filled fluids in one compact, versatile series. Standardising process made simpler In addition to simplifying pump selecti...

As part of Pacific International Lines’ (PIL) continuous effort to optimise its network efficiency, the company will be withdrawing its services from the Transpacific market. As a result of this service re-alignment, PIL’s last Transpacific sailing will be in March 2020. Strategic decision The Company has taken this decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa,...

SBM Offshore is pleased to announce a EUR 150 million (c. US$165 million) share repurchase program, effective from February 13, 2020. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Share repurchase program The Execution of the share repurchase program will be done under the terms of an engagement letter with a third party The repurchase program is expected to be completed within the year 2020, an...

CUL Shining Shipping Co., Ltd. was established on October 29, 2015, as a subsidiary held and operated by China United Lines Ltd. (CULines). CUL Shining Shipping is mainly engaged in the barge transportation of containers and bulk cargoes in the Yangtze River. It owns dozens of self-operated barges and is able to dispatch more than 300 barges. Branch lines for domestic trade CUL Shining Shipping owns a branch line network connecting Shanghai to the upper and middle reaches of the Yangtze...

The Norwegian Shipowners Association follows the development of the Corona virus (COVID-19) closely and has a good dialogue with its members, and other actors about the situation. A large number of people in China and elsewhere in the world have been infected, and more than 600 deaths have been reported. COVID-19 implications for shipping industry Norwegian shipping companies operate all over the world and are thus, directly affected by the development Norwegian shipping companies operate all...

ClassNK has just released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.7.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). The new version incorporates the latest rule amendments to CSR BC & OT including amendments based on feedback from the industry.In addition to the incorporation of the latest rule amendments, various functions were also added or improved in the PrimeShip-HULL (HCSR) presc...

Ocean Network Express, COSCO Shipping Lines, OOCL and Yang Ming are to launch a new weekly Transatlantic service, East Mediterranean – America Service (code: EMA) to deliver a more efficient and comprehensive service network. The first commencing voyage is on April 2020 (subject to FMC filing). The EMA service, jointly operated by the four lines, will consist of six Panamax vessels. The port rotation for the weekly service is Mersin – Haifa – Alexandria – Istanbul &ndash...

Unifeeder is happy to announce that it is adding London Gateway as Hub Port to their UK East Coast port network. They will have a weekly service from Grangemouth and Teesport to/from London Gateway and further connections from this point to Antwerp and Dunkerque. The new service is an addition to Unifeeder’s existing port network, now connecting the UK East Coast (Grangemouth, South Shields, Teesport and Immingham) and the hub ports of Felistowe, London Gateway, Rotterdam, Antwerp, Dunker...

The organising committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) held a successful diplomat briefing session focused on the preparation of the upcoming event at Sharq Village and Spa, which was attended by high-level diplomats. A fixture on the global maritime defence and security calendar, DIMDEX 2020 expects an unprecedented turnout of exhibitors and attendees from up to 80 countries. Event host and attendees Attendees of the delegate briefing sessi...

The organising committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) held a successful diplomat briefing session focused on the preparation of the upcoming event at Sharq Village and Spa, which was attended by high-level diplomats. A fixture on the global maritime defence and security calendar, DIMDEX 2020 expects an unprecedented turnout of exhibitors and attendees from up to 80 countries. Event host and attendees Attendees of the delegate briefing sessi...

The Organising Committee of the Doha International Maritime Defence Exhibition and Conference (DIMDEX) held a successful diplomat briefing session focused on the preparation of the upcoming event at Sharq Village and Spa yesterday, which was attended by high-level diplomats. DIMDEX 2020 A fixture on the global maritime defence and security calendar, DIMDEX 2020 expects an unprecedented turnout of exhibitors and attendees from up to 80 countries. Attendees of the delegate briefing session rece...

The Doha International Maritime Defence Exhibition and Conference (DIMDEX) returns in its seventh edition to deliver the latest innovations and technological developments in the sphere of maritime defence and security. Held under the patronage of HH Sheikh Tamim Bin Hamad Al Thani, Amir of the State of Qatar, and hosted and organised by Qatar Armed Forces, the event will take place at the Qatar National Convention Centre (QNCC) between the 16th and 18th of March 2020. Silver and bronze sp...

Inmarsat, the renowned company in global, mobile satellite communications, has launched a new video to demonstrate the potential of high-speed, always-on satellite connectivity, to revolutionise the use of digital technologies and remote access solutions onboard superyachts and ocean racing yachts. Remote connectivity solutions onboard yachts Yachts equipped with global, reliable satellite connectivity have access to a variety of cutting-edge applications Offering unique insight into the late...

Satcom Global announces the launch of the new GlobalNet portal for online management of satellite communication services. The new portal is providing Satcom Global customers with an improved user-friendly platform to activate and deactivate services, buy prepaid services and set up alerts, instantly. Satcom Global customers who are familiar with the original GlobalNet, are continuing to benefit from the many popular features following migration to the new portal, but will also enjoy a bright, e...

Satcom Global announces the launch of the new GlobalNet portal for online management of satellite communication services. The new portal is providing Satcom Global customers with an improved user-friendly platform to activate and deactivate services, buy prepaid services and set up alerts, instantly. Satcom Global customers who are familiar with the original GlobalNet, are continuing to benefit from the many popular features following migration to the new portal, but will also enjoy a bright, e...

Allweiler, a business unit of CIRCOR, will exhibit at the Pumps & Valves trade fair in Dortmund, Germany February 12th and 13th 2020 (Hall 6, Booth R19-6). Highlights of their exhibit will be the new AEB-DE dosing pump with an extremely flexible and space-saving design as well as OptiFix™, a next-generation progressing cavity pump, designed to reduce service costs. Allweiler's team of experts will demonstrate its functionality by guiding visitors through five easy steps to dismantle t...

Classification society ClassNK has issued a Statement of Compliance (SoC) to “PHP Ship Breaking and Recycling Industries Limited (PHP)”, a ship recycling facility in Chattogram (Chittagong), Bangladesh, verifying that the facility is in line with the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009 (HKC).While ClassNK has so far issued 34 Statements of Compliance to ship recycling facilities around the globe, this is the first one...

Bolstering their joint commitment to the development of a secure national maritime infrastructure, the organising committee of Doha International Maritime Defence Exhibition and Conference (DIMDEX) has announced Qatar Ports Management Company (Mwani Qatar) as a ‘Silver Sponsor’ for its seventh edition, which will return to the Qatar National Convention Centre (QNCC) in less than 100 days. DIMDEX 2020 will be held under the patronage of HH Sheikh Tamim bin Hamad Al Thani, Amir of the...

Bolstering their joint commitment to the development of a secure national maritime infrastructure, the organising committee of Doha International Maritime Defence Exhibition and Conference (DIMDEX) has announced Qatar Ports Management Company (Mwani Qatar) as a ‘Silver Sponsor’ for its seventh edition, which will return to the Qatar National Convention Centre (QNCC) in less than 100 days. DIMDEX 2020 will be held under the patronage of HH Sheikh Tamim bin Hamad Al Thani, Amir of the...

Bolstering their joint commitment to the development of a secure national maritime infrastructure, the organizing committee of Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced Qatar Ports Management Company (Mwani Qatar) as a ‘Silver Sponsor’ for its seventh edition, which will return to the Qatar National Convention Centre (QNCC) in less than 100 days. DIMDEX 2020 will be held under the patronage of HH Sheikh Tamim bin Hamad Al Thani, Amir of the...

Classification Society ClassNK has released its “Guidelines for Automated/Autonomous Operation of ships ~Design development, Installation and Operation of Automated Operation Systems/Remote Operation Systems~”. In the field of ships, research and development of technology related to maritime autonomous surface ships (MASS) have been actively carried out to improve safety by preventing human error and improving working conditions by reducing the workload on crew members, and demo...