Cargo pumps News

SBM Offshore is pleased to announce it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. Project loan The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee has been released. The project loan is in line with the duration of the...

Mersey Maritime is delighted to announce the appointment of Commodore Phil Waterhouse to its management board with immediate effect. Commodore Waterhouse is the Naval Regional Commander for Northern England and the Isle of Man. As such, he is the First Sea Lord’s Ambassador for the region, with the task of ensuring that the work of the Royal Navy is understood, respected and valued by the community it serves. He has been in this role since 2017. New appointment in Mersey Maritime Board...

Prioritising sustainability within supply chains is becoming increasingly important for major brands worldwide. Lenovo, a globally renowned company in PC manufacture and smart technology solutions, is dedicated to optimising the use of sustainable materials, in order to minimise waste in its products. In addition to its own 2030 science-based targets, Lenovo has set a goal to remove one million tons of greenhouse gas emissions from its supply chain by fiscal year - 2025/26. Lenovo – Maer...

Unifeeder is delighted to announce that they have signed a three-year deal with technology company -  ZeroNorth, as part of their green agenda strategy. The deal will see Unifeeder implement the full suite of services included in ZeroNorth’s platform, as well as ClearLynx’s bunker solution, as part of the company’s ambitious decarbonisation efforts and green agenda strategy. Unifeeder – ZeroNorth partnership The partnership with ZeroNorth will give the Unifeeder f...

Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners, announces that it has entered into agreements for the construction of three high-specification 85,000 dwt ECO-type dual-fuel Kamsarmax vessels, which will be equipped with the latest and most efficient propulsion system. Additionally, the Company announces the sale of two Ultramax vessels, Golden Cecilie and Golden Cathrine. Seven newbuilding vessels The newbuilding vessels will have the same specificatio...

International Maritime Organization (IMO) representatives at the United Nations Ocean Conference 2022 in Lisbon, Portugal (from June 27 to July 1, 2022) have highlighted the IMO’s ongoing commitment to preserving the world’s ocean and combating climate change. IMO Secretary-General Kitack Lim emphasized shipping’s truly international nature. He said, “The ocean truly sustains us all, and the maritime sector connects us all. A greener, resilient maritime sector is essenti...

Hanseaticsoft, part of Lloyd's Register’s Maritime Performance Services division, a global provider of ship management software and Kaiko Systems, a renowned provider of a user-friendly data collection and analysis tool, have announced that they will be integrating their systems to ease technical management and increase collaboration between vessels and staff on shore. Hanseaticsoft offers a cloud-based management system for shipping and ship management companies, Cloud Fleet Manager (CFM...

Tokyo-based Classification Society - ClassNK has released the latest ‘ClassNK Technical Journal’, which has been published for contributing to the development of the maritime industry, through the outcome of R&D (Research & Development) and technical activities. ClassNK Technical Journal The latest issue ‘ClassNK Technical Journal No.5 2022 (I)’ focuses on ‘Zero-Emission Ships’, including efforts of the planning and design of next-generation greener...

Together with partners - MPC Container Ships ASA and MPC Capital AG, Topeka has contracted two 1300 TEU carbon neutral container vessels. Both vessels will be delivered in 2024 and immediately move into long-term contracts with North Sea Container Line. Carbon neutral container vessels Benefitting from dramatically reduced emissions, the two new-build ships will replace three of North Sea Container Line’s (NCL) current diesel-powered vessels, which will be phased out of operations. ...

Kongsberg Defence & Aerospace (KONGSBERG) has entered into an agreement to acquire Lithuanian smallsat mission integrator and bus manufacturer - NanoAvionics. The planned acquisition expands KONGSBERG’s space offering to also have products and technology for manufacturing small satellites. NanoAvionics is a globally renowned smallsat mission integrator and bus manufacturer with significant global growth in recent years, including expansions into the United Kingdom and the United State...

Pacific International Lines (PIL) is pleased to announce the award of a contract to Yangzijiang Shipbuilding for the construction of four 8,000 TEU Liquefied Natural Gas (LNG) dual-fuel container vessels. These vessels will each be equipped with an ammonia intermediate ready fuel tank. The four vessels will be delivered progressively in 2025. Contract for 8,000 TEU LNG dual-fuel vessels We have decided to place an order for an additional four 8,000 TEU LNG dual-fuel vessels for two key reas...

The latest Neptune Indicator research shows that the number of seafarers onboard vessels beyond the expiry of their contract has decreased slightly to 4.2% from 4.3% in the last month, while the number of seafarers onboard vessels for over 11 months has remained stable at 0.3%. For the eighth consecutive month, Global Maritime Forum observe little change in the numbers reported, as it confirm the entry into a ‘new normal’. The Neptune Indicator also reports a 2.8 percentage point in...

Orbital Marine Power (Orbital), the renewable energy company focused on the development and global deployment of its pioneering floating tidal turbine technology, has reached a significant operational funding milestone. New investment secured from the Scottish National Investment Bank and individuals via the Abundance Investment platform will finance the ongoing operation of the O2, the company’s 2MW+ floating turbine. These debt facilities will be serviced by the long-term sale of electr...

One of Orbital’s key objectives is reducing carbon emissions by harnessing an entirely untapped source of renewable energy. In doing so, the company aim to help restore oceans after what has been a disastrous decline in species and ocean health over the past two centuries. UK is fortunate that it has a well-established environmental licensing framework for the deployment of tidal turbines in the marine environment, which has led to extensive environmental characterisation and monitoring o...

The Board of Directors of Pacific International Lines (PIL) is pleased to announce the appointment of Mr. Lars Kastrup as the new Chief Executive Officer (CEO) of PIL, effective from 1 July, 2022. As the new Chief Executive Officer (CEO) of Pacific International Lines, Lars Kastrup is responsible for leading PIL’s continued growth and development, including its sustainability transformation path towards net zero carbon emissions. Industry veteran appointed Chief Executive Officer (CEO)...

The Port of Valencia has welcomed the Iacobus Maris fleet, the sailing ships taking part in the longest maritime Xacobean route in history, which departed from the port of Genoa bound for Galicia. The President of the Port Authority of Valencia (PAV), Aurelio Martinez, has held a meeting with the honorary consul of Italy, Adriano Carbone to coordinate the presence of the fleet that will remain in the Port of Valencia until Sunday. Lacobus Maris Route The Iacobus Maris Route commemorates the j...

SMEs who make up 99.8 percent of all businesses in the UK are invited to meet this week with UK government Trade teams at Seawork 2022. SME maritime network Vessel builders and marine technology and services companies are invited to join the maritime teams at stand G39, to find out how the Department for International Trade (DIT), UK Export Finance, and the National Shipbuilding Office can help to develop and win business in the UK and overseas. National Maritime is the UK’s largest SME...

As plans emerge that Maritime UK (MUK) is to support several potential stakeholders to establish a South East regional cluster organisation reportedly led by Dieter Jaenicke, Viking Maritime Group, they do welcome the continued emergence of MUK as a single leadership association for the maritime sector, as it strives to act as a conduit for bringing coherent sector support and reduced bureaucracy to add weight to arguments for infrastructure improvements and destination making, to stimulate econ...

The international marine specialist recruitment company - Marine Resources (Marine Resources Recruitment Ltd) have joined forces with the former President of the Chicago-based National Marine Manufacturers Association (NMMA), Dr. Thomas Dammrich and the former Editor and Owner of International Boat Industry magazine - Nick Hopkinson. This partnership aims to offer businesses in the leisure marine industry assistance with identifying and recruiting key management personnel. Bespoke head-hunting...

Nor-Shipping 2023, which is scheduled to take place from June 6 to June 9, 2023, looks set to build on the success of Nor-Shipping 2022 event, with strong early sales and commitments from numerous national pavilions to return to the exhibiting fold. A total of 14 countries have so far secured dedicated pavilions to showcase local expertise, including Singapore and Japan at Nor-Shipping 2023 exhibition. In addition, individual organisations, such as Siemens, ABB, DNV (with two stands), NCE Marit...

In early June 2022, representatives of shipping companies and Customs authorities from across the globe came together, in order to discuss ways to step up the fight against drug trafficking. The Conference was organised by the World Shipping Council (WSC) and the Container Control Programme (CCP), which is a joint initiative between the UN Office on Drugs and Crime (UNODC) and the World Customs Organization (WCO). UNODC 2021 World Drug Report According to the UNODC 2021 World Drug Report, aro...

It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June 2022. Following on the heels of a record 30.1% hike in May 2022, this now means rates stand 169.8% higher than this time in 2021, with just two months of declines in the last 18 months. Despite a degree of macro-economic uncertainty clouding the horizon, all major trades saw prices moving up, with some corridors showing significant gains. Xenet...

On 29 June 2022, the ceremony for the naming and delivery of CULINES container newbuilding - CUL YANGPU & the signing of the strategic cooperation memorandum on Shipping Industry Fund was held at Huangpu Wenchong Shipbuilding in Nansha, Guangzhou, China. Huiming Xiang (Chairman at Huangpu Wenchong Shipbuilding), Kevin Ding (EVP at CULIES), Huiyu Wu (Part Committee Secretary & Chairman at Hainan Financial Holdings), and Jianmin Wang (Port & Shipping COO, Administration Committee of Y...

The Port Authority of Valencia (PAV) and the Provincial Council of Valencia have organised the first ‘Cruise Tourism’ training course, aimed at municipal technicians and tourism agents. A meeting point to expand the tourist offer, offered by the destination of Valencia for cruise passengers, with sustainable experiences in municipalities of the province, beyond the city of Valencia, and to work to deseasonalise cruise tourism that calls at the Port of Valencia, in Spain. From the p...

Seafarers are sharing their maritime voyages across social media to mark the Day of the Seafarer 2022.  The maritime world is changing, fast. Ships are now operating greener, with greater digitisation and with more diverse crews. As the lifeblood of the shipping industry, seafarers are at the heart of this evolution, implementing new regulations, learning new skills and adopting safer, more efficient working practices. As the world’s merchant fleet traverses the oceans, the crews onboard...

What should maritime stakeholders focus on in the coming years to accelerate maritime decarbonisation? At this week’s Getting to Zero Coalition Workshop, participating Coalition members collaborated on detailing out an action plan to make the full decarbonisation of shipping concrete and tangible. Participants focused on the combination and acceleration of four change levers: technology on land and on board, mobilising demand, financing, and policy. Accelerating shipping decarbonisation...

Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary - Hyundai Heavy Industries (HHI) have received an Approval in Principle (AiP) from DNV for their newly developed waste heat-derived LNG fuel supply system - Hi-eGAS (Hyundai High Efficient Gas Supply System) for 300K VLCC. Currently, LNG fuel propulsion ships have used boilers to make hot steam, which has converted LNG into a gas at room temperature, to supply a ship’s engine. However, this process has the disadvantag...

Globally renowned fleet optimisation provider and Lloyd’s Register subsidiary, i4 Insight, has joined forces with data collection pioneers, Danelec Marine (Danelec), to solve fleet performance challenges. This new industry partnership, which brings together specialists in data collection and data analysis, will mean customers can get a more cost-effective solution to vessel optimisation. i4 Insight - Danelec Marine partnership As the maritime sector deals with digital transformation and...

Pacific International Lines (PIL) is pleased to introduce a new weekly direct service linking China and Korea with four key countries in South America - Mexico, Guatemala, Colombia and Chile. The new service, known as West Coast South America 6 (WS6), will commence on 13 July 2022 from Ningbo, China. West Coast South America 6 (WS6) West Coast South America 6 (WS6) aims to augment PIL’s existing two services - WS2 and WSA West Coast South America 6 (WS6) aims to augment PIL’s...

Nor Shipping has revealed that #PartnerShip will be the main theme of next year’s event - Nor-Shipping 2023, as it looks to enable, support and showcase ways of working together to achieve commercial goals. The week-long programme, Nor-Shipping 2023, running from June 6 to June 9, 2023, will now tailor its exhibition, knowledge sharing and networking opportunities, in order to nurture and strengthen collaboration across ocean businesses. Individual strength, collective gain The industry...