Condition monitoring equipment 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...

VSTEP signs a deal with SRC CO Ltd to deliver NAUTIS simulators at JEJU Seong San High School

VSTEP further strengthens its international footprint by signing a deal with the South Korean partner, SRC CO Ltd. to deliver NAUTIS simulators at JEJU Seong San High School. SRC CO Ltd. is a maritime equipment developing and manufacturing company that began its journey in 2008. Professional engineers with more than a decade of experience in the field develop, source and supply IT based maritime equipment. Advanced navigational skills Jeju is a popular island located in South Korea that attra...

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...

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 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...

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...

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...

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...

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...

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...

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...

Wan Hai Lines to launch independent CV7 Express Service

Wan Hai Lines will expand further on its already extensive intra-Asia network by launching a new weekly service between East China – Taiwan and Ho Chi Minh(CV7). The service will be operated by two container vessels with a capacity of 650 TEU. Rotation service Port rotation of the service is as follows: Shanghai-Kaohsiung-Ho Chi Minh-Shanghai The first voyage is scheduled from Shanghai on Jan 12th, 2021. The CV7 service which connects Shanghai - Kaohsiung and Ho Chi Minh directl...

OCIMF publishes the new and improved cyber security guidelines - Guidelines on Cyber Security Onboard Ships

The fourth edition of the industry cyber risk management guidelines, Guidelines on Cyber Security Onboard Ships is now available and lays the foundation for further improvements and refinement of companies’ cyber security risk assessments. The version 4 of the cyber security guidelines is published at a time when ship owners and ship managers are faced with a requirement to implement cyber risk management in their safety management systems (SMS) by the time of their first Document of Comp...

Yang Ming sets up a new subsidiary in France

To further reinforce its regional development strategy, Yang Ming Marine Transport Corporation (herein-after referred to as Yang Ming) sets up a new subsidiary with NAXCO Group in France, named Yang Ming (France) S.A.S. (herein-after referred to as Yang Ming (France)), which officially began operating on 1st January 2021. The subsidiary aims at assisting Yang Ming to develop the local market and integrate regional resources. Weekly service routes Yang Ming will establish a presence in the Fre...

CULINES celebrates successful maiden voyage of New South China-Vietnam service (SV2)

CULINES is celebrating the successful maiden voyage of its new South China-Vietnam service (SV2). The SV2 is the fourth liner route operated by them in Vietnam, as well as another important step to strengthen presence in the Vietnamese market, and connect the Guangdong-Hong Kong-Macao Greater Bay Area and the China-Vietnam supply chains. Port Rotation of SV2 Haiphong (3/3) – Nansha (6/6) – Shekou (7/7) – Haiphong (3/3)

TGI Cargo highlights the added value of global forwarding utilising the power of global freight

Freight forwarding is one of the most crucial components of the global supply chain. A good global forwarding company adds extraordinary value not only in moving goods for their clients; they facilitate bottom line revenue through cost savings throughout the business. Global freight is the product of the global freight industry. This is the movement across the globe of materials and goods to facilitate trade; a key component of every business that uses or sells physical products. Global Freigh...

ArkEdge Space selected as collaborative research partner by the NSPO

ArkEdge Space Inc. is developing a 6U CubeSat, in collaboration with the Intelligent Space Systems Laboratory (ISSL) of The University of Tokyo, as part of the 6U microsatellite short-term demonstration project '6U Fast Validation CubeSat' of the National Space Organisation (NSPO) of Taiwan. After making a proposal for the satellite's development, manufacturing, launch, and initial operations, ArkEdge Space was selected as a collaborative research partner by the NSPO. Satellite launch and inse...

TGI Cargo shares five key factors to a stress-free and successful freight forwarding project

Moving freight can be a stressful time for any mining or resources operation – especially when it comes to major projects involving the transportation of capital equipment worth hundreds of thousands or millions of dollars. Therefore, it’s not only important to partner with a professional freight forwarder it’s essential that both parties collaborate and communicate to achieve the goal of moving freight on time and on budget and free of injury and damage to freight, property a...

The completion ceremony of the 3rd SITC Mini-MBA Shipping Management Oriented Training Course was successfully held

The Third SITC Mini-MBA shipping management orientation training class course completion ceremony was successfully held in Shanghai Maritime University. Lu Jing, President of Shanghai Maritime University, Li Xinwei, Director of the Office of the President of Shanghai Maritime University, Liu Bin, Dean of the School of Economics and Management of Shanghai Maritime University, Yang Xianxiang, Vice Chairman and CEO of SITC International, and Xiao Senyuan, Vic...

FESCO transported and installed power equipment for Yerevan Thermal Power Plant

FESCO Transportation Group, in partnership with Fagioli S.p.A, arranged the transportation and installation of power equipment for the Yerevan Thermal Power Plant. The cargo with a total weight of 14.5 thousand freight tons was delivered from Georgia to Armenia by rail and road transport. Transportation of power equipment Oversized heavy equipment, a gas turbine (205 tons), a transformer (182 tons), and a gas turbine generator (169 tons) were shipped from the Port of Poti (Georgia) to Yerevan...

Blue Water acquires J. Lauritzen’s Eftf’s thermo activities

Blue Water acquires J. Lauritzen’s Eftf’s thermo activities – which mainly include road transport and rail solutions of food products between Italy, Benelux and Scandinavia - with effect from 1 January. The southbound traffics are primarily seafood and meat products and the northbound are fruit and vegetables to the Scandinavian consumers. “We are pleased to take over a business that fits well into the existing strategy for our reefer activities. Our position will be str...

A.P. Moller - Maersk and Novo Nordisk announce partnership on global cold chain logistics

A.P. Moller - Maersk has announced the signing of a logistics agreement with Novo Nordisk, effective from 2021. The three-year agreement on cold chain logistics covers transportation, including ocean services and inland logistics. Maersk - Novo Nordisk partnership We are proud to be chosen as one of Novo Nordisk´s main logistic companies" Vincent Clerc, the Executive Vice President (EVP) and Chief Executive Officer (CEO) - Ocean and Logistics, at A.P. Moller – Maersk, said &ldquo...

Atlas Incinerators launches X10 TITAN – A game-changer for ship-owners and shipyards

The new X10 TITAN range from ATLAS Incinerators will save shipowners and shipyards money while shrinking their environmental footprint. For decades it has been customary to use steam, electricity, or thermal oil to heat sludge oil before its incineration. ATLAS Incinerators’ new X10 TITAN range, launched with the new X610 TITAN, means that is all history. Minimum energy consumption Without compromising on the high quality of the ATLAS incinerators, the new X10 TITAN range has been desig...

Blue Water Shipping delivers aid cargo to hurricane victims

Blue Water’s Aid & Development team has assisted with bringing in humanitarian aid cargo, such as plastic sheeting, cleaning and hygiene kits and medicine to thousands of victims in Central America suffering from the flooding after category four and five hurricanes Eta and Iota. Houses, roads, schools and hospitals in Honduras, Nicaragua, Guatemala and Belize were devastated during the record-breaking stormy season, and seven million people were affected by the two hurricanes within t...

NYK and ShipDC agree to use the latter’s IoS-OP to share data received from all NYK-operated vessels equipped with SIMS

Nippon Yusen Kabushiki Kaisha (NYK) and Ship Data Center Co., Ltd. (ShipDC) have agreed to use the latter’s IoS-OP to share data received from all NYK-operated vessels equipped with SIMS, expanding the total to about 200 NYK vessels. SIMS-equipped vessels Up until now, NYK had used ShipDC’s IoS-OP to share shipping data from some vessels equipped with SIMS, but the new agreement expands the data-sharing to all SIMS-equipped vessels within the NYK fleet. This agreement will dramati...

Kongsberg Maritime to deliver a large electric winch package for a new fishing vessel

Kongsberg Maritime announced that it has been selected to supply a large electric winch package for a pelagic trawler/purse seiner, currently being built for the Danish company - Astrid Fiskeri A/S at Karstensens Skibsvaerft A/S in Denmark. The contract includes delivery and commissioning of a set of powerful fishery and auxiliary winches, together with a large Variable Speed Drive package and the latest version of KONGSBERG’s control and monitoring system. Electric multidrive technology...

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