Condition monitoring equipment News

ClassNK joins the Maritime Transportation System ISAC to help address cybersecurity risks

Nippon Kaiji Kyokai (“ClassNK”) joined the Maritime Transportation System Information Sharing and Analysis Center (MTS-ISAC) as part of a growing list of maritime community partners. This is an innovative relationship between the two nonprofit organisations aimed at strengthening vessel and shoreside cyber risk management. Preventing cyber incidents The partnership provides ClassNK with actionable insights from community-sourced cyber threat intelligence to reinforce ClassNK’...

Ocean Network Express (ONE) initiates Marine Safety and Quality Campaign 2020

Ocean Network Express (ONE) initiates Marine Safety and Quality Campaign 2020, in order to reiterate the marine navigation safety practices. VQS inspections ONE has launched a new self-inspection challenge for vessels, replacing their previous (VQS) inspections As a charterer, Ocean Network Express has carried out onboard Vessel Quality Standard (VQS) inspections, since the start of its operations, in April 2018. In line with their core values, these inspections have enabled ONE to offer a re...

International Transport Forum invites representatives for decarbonising transport in COVID-19

How can transport decarbonisation policies promote low-carbon economic growth and increased the resilience of Argentina’s transport system following the COVID-19 crisis? The International Transport Forum cordially invites media representatives to this virtual conference around these important questions featuring nine sessions between 7 and 30 July. The conference will kick off on Tuesday, 7 July, with a session on “Transport Decarbonisation, Economic Recovery and Resilience” f...

SBM Offshore completes US$600 million bridge loan for FPSO Sepetiba

SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba. The facility was secured by the special purpose company owning FPSO Sepetiba and was agreed upon with a consortium of four international banks. SBM Offshore is the majority owner of this special purpose company (with 64.5% equity ownership), together with Mitsubishi Corporation (20%) and Nippon Yusen Kabushiki Kaisha (15.5%). Construction of...

(Backdated to July 1, 2020) Kongsberg Digital announces the acquisition of Danish maritime software company, COACH Solutions

Kongsberg Digital has announced the acquisition of COACH Solutions, a globally renowned supplier of software solutions for vessel performance and monitoring. The new name of the company will be KONGSBERG COACH Solutions. Danish shipping company, Clipper Group developed COACH Solutions’ vessel performance monitoring system and in 2016, it was established as COACH Solutions. The company’s software has more than 900 licences running. Suite of tools for vessel performance COACH Solu...

Kongsberg Maritime and Incat shake hands on inaugural contract for delivery of large-size waterjets

Kongsberg Maritime (KM) is pleased to announce a milestone order which will see the company making its first delivery of large-size waterjets to Incat, Tasmania-based designers and builders of high-speed, environmentally-efficient wave-piercing catamaran ferries. The scope of supply for the Incat newbuild currently designated ‘Hull 097’ exemplifies KM’s attention to detail while also demonstrating the company’s willingness to carry out bespoke modifications to suit cli...

Maersk implements Snap Back Arrestor ropes on the mooring lines to improve vessel safety while docking

Maersk will begin the implementation of an innovation called Snap Back Arrestor (SBA) ropes on the mooring lines used to hold vessels in place while docked in port for loading and unloading. Mooring is one of the most dangerous aspects of port and vessel operations. When a mooring rope holding a docked vessel snaps, the abrupt energy release can cause the rope to whip across the dock and ship at a speed of almost 500 MPH or more than twice the speed of a NASCAR level race car. Mooring rope tec...

Maersk to provide their vessels to participate in the global Voluntary Observing Ship programme

Maersk vessels will be assisting global research efforts on weather patterns and climate change by committing 300 company-owned vessels to participate in the global Voluntary Observing Ship (VOS) programme. While Maersk already has many vessels contributing to the VOS, the newly expanded commitment will see its entire fleet participating by the end of 2020. The recorded data helps meteorologists create more accurate weather and storm forecasts - and will also be used in the creation of atmosphe...

Maersk's AE19 ocean-rail service from Europe to Asia picking up pace

Maersk’s Asia-Northern Europe ocean-rail service previously offered on monthly basis in a west-bound direction only, will also be provided fortnightly both export from Asia to Europe and return from Europe to Asia. This is expected to help many customers who are currently facing difficulties with their imports/export logistics, due to COVID-19. Maersk recently announced that its combined Ocean and Rail service, AE19, will also be offered regularly for both directions through close coopera...

OCIMF announces the maritime industry and Nigeria to collaborate on improving maritime security

Oil Companies International Marine Forum (OCIMF) has been working with BIMCO, ICS, INTERCARGO & INTERTANKO, in collaboration with Nigerian Authorities, in order to improve maritime security and better understand the challenges faced by seafarers.  Post a series of successful meetings with the Nigerian Government, an Industry/NIMASA Joint Working Group (JWG) has been formed of key stakeholders. The working group held their first meeting on 28 May, 2020 and will focus on: National and reg...

Maersk designs a hub-in-transit solution for polymer distributor in Dubai

  Early businesses operated on the simplistic theory of demand and supply. High demand meant increased production and low demand meant reduced production. As trade grew complex, businesses started focusing on other crucial details like storage costs and proximity to markets. These helped them in devising advanced inventory solutions and efficient supply chain planning methodologies. Maersk's customer, a polymer producer, and distributor (based out of the Middle East), was struggling wit...

Ocean Infinity appoints DebraAnn Braun as the Chief Information Officer

Ocean Infinity, the pioneer marine robotics company, is excited to announce the appointment of DebraAnn Braun as Chief Information Officer (CIO) based in the company’s HQ in Austin, Texas. DebraAnn joins a well-established technology team to be responsible for leading the digital aspects of the business including the delivery of high-quality data to clients in the most efficient and technologically advanced ways possible. Advanced ways possible DebraAnn has successfully led many technol...

HMM launches ultra-large containerships with MAN B&W G95ME-C10.5 low-speed main engines

HMM, the South Korean shipping company, launches the first in a series of 12 ultra-large containerships that will each feature individual MAN B&W G95ME-C10.5 low-speed main engines. At 23,964 teu, the ‘HMM Algeciras’ is the world’s largest containership and is bound for a working life between Asia and Europe. While the engine’s power delivery has been adjusted downwards to achieve optimal fuel consumption, the ME-C Mk 10.5 type is capable of delivering 6,870 kW per c...

PIL launches new India Service - China India express (CIX)

PIL announces the launch of its new India service – China India Express (CIX) with effect from June 2020. This new service will provide a direct service from Tianjin and Qingdao in North China and Kaohsiung into India West Coast and Sri Lanka, calling Nhava Sheva, Mundra, and Colombo. Rotation of CIX Tianjin - Qingdao - Kaohsiung - Singapore - Port Klang (West) - Nhava Sheva - Mundra - Colombo - Port Klang (West) - Singapore - Tianjin Maiden Voyage: TXG, 5th Jun 2020 Service highl...

Maersk Customs Services deployed by a top tier General Merchandise importer into North America

A top tier General Merchandise importer into North America selected Maersk Customs Services to optimise vessel level clearance. The importer was paying a high amount of Merchandise Processing Fees (MPF) on an annual basis. Administration costs and reconciliation were increasing as the company grew its imports year-on-year. A.P. Moller – Maersk (Maersk) took on the challenge and provided an efficient solution. The challenge The importer was paying a high amount of Merchandise Processin...

Maersk's systems help the client in reducing the vendor errors in the invoice process

The customers' question: Reduce vendor errors in the invoice process and resulting shipment delays and maintain existing Customs Clearance Agent but use their innovative solutions. The challenge - To reduce administrative responsibilities surrounding the management of a duty drawback program. Need to minimize manual effort to capture SKU-level value, duty, and customs fees, especially for clients who lack the ability to automate the entry process themselves. Mitigate risk of errors related...

Maersk deploys its innovative Customs Clearance Automation solution for long-term customer

The challenge for the customer was to reduce vendor created errors in the invoice process, minimise the amount of manual updates required by the broker and eliminate the impact of potential delays in clearances, due to manual errors. The challenge Reduce vendor created errors in the invoice process, Minimise the amount of manual updates required by the broker, and Eliminate the impact of potential delays in clearances, due to manual errors. The customer is a long-term Maersk customer, i...

DP World announces integration with TradeLens platform to digitise global supply chains

DP World, a renowned enabler of global trade, has completed the early stages of integration with TradeLens, a blockchain-based digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. The collaboration between DP World and the TradeLens platform will help accelerate the digitisation of global supply chains. DP World aims to connect all its 82 marine and inland container terminals, as well as feeder companies and logistics divisions with TradeLens. In 2019 DP Worl...

Pioneering Danish companies join forces on an ambitious sustainable fuel project

A.P. Moller - Maersk, DSV Panalpina, DFDS, SAS, and Ørsted have formed the first partnership of its kind to develop an industrial-scale production facility to produce sustainable fuels for road, maritime, and air transport in the Copenhagen area. The partnership brings together the demand and supply side of sustainable fuels with a vision to realise what could become one of the world’s largest electrolyser and sustainable fuel production facilities. The project can spearhead the ma...

Maersk Extends Cold Chain Solutions To Pakistan’s Citrus Exporters For Better Customer Experience And Higher Convenience

Pakistan is a thriving agricultural state wherein agriculture sector contributes more than a quarter of the country’s Gross Domestic Product (GDP). Among the large exports from agricultural produce, the exports of citrus fruits alone generate multi-million US dollar revenues in a year for Pakistan. Exports of perishable goods, such as fruits, vegetables, pharmaceuticals, fresh produce among others requires high levels of expertise during its transportation in refrigerated containers (Reef...

Norwegian Shipowners Association and shipping companies set ambitious goal to go climate neutral by 2050

Shipping accounts for 2.2% of global greenhouse gas emissions. Norwegian shipping companies are now taking a leading role in the fight against climate change. The goal is for the entire Norwegian fleet to be climate neutral by 2050. The aim of the Paris Agreement is to limit global warming to 1.5 degrees. The UN Intergovernmental Panel on Climate Change has given the world ten years to halve the total greenhouse gas emissions and maintains that they must drop to net-zero emissions by 2050. Clim...

CULINES upgrades South China-Taiwan direct service

To meet the shipping needs of the market and customers, CULINES is upgrading its South China-Taiwan direct container service (STD) from May 29, adding a call to Nansha Port. The STD will call at the Nansha Container Terminal III every Saturday, so the new port rotation will be Kaohsiung – Taichung – Huizhou – Yantian –Nansha – Shantou – Kaohsiung. Providing two direct sailings With this upgrade, CULINES will be providing two direct sailings per week between...

Heading towards a better, faster and more sustainable future with Maersk Spot

In May 2019, Maersk released Maersk Spot. It didn’t happen overnight, but something needed to be done about the everyday inefficiencies it was experiencing within shipping. Instant gratification is something users are used to in most aspects of their lives, but why not within the shipping industry? Imagine adding something to the basket on Amazon without knowing the price, how much delivery would cost, or how long it would take to arrive? Users wouldn't accept this in everyday life so why...

Kongsberg Maritime announces its new designed freezer trawler, Ilivileq is ready to commence service in the Arctic waters

The latest vessel of Kongsberg Maritime design to enter service, an 81.80m NVC 375 WP freezer trawler named Ilivileq, has just been delivered to its working domain in the Arctic waters. Ilivileq, freezer trawler Ilivileq typifies the principles upon which the NVC range was conceived, combining an economical and environmentally beneficial foundation of low emissions and fuel-efficient operation, with a freeboard of optimal height, in order to ensure crew safety, teamed with modern, responsible...

Kongsberg Digital signs agreement for real-time software services worth USD 25 million

Kongsberg Digital has signed a MUSD 25 agreement for the delivery of real-time data aggregation and visualisation software, and various domain specific services for a major energy company. The agreement includes an upside potential of up to MUSD 5, over the next five years, should the customer decide to expand delivery to all installations. Software services The agreement is covering a portfolio of software services for data aggregation, visualisation and decision support. These services are...

With a profit of over 25 m EUR, the biggest profit ever, 2019 became a historic year for Blue Water Shipping

The annual accounts for Blue Water Holding, which comprises the transport group’s total activities, showed a magnificent profit of 25,7 m EUR before tax for 2019. This is an improvement of just over 24 m EUR compared to 2018, where the result before tax was 1,3 m EUR. The turnover increased by DKK 112 m EUR and consequently rose from 746 m EUR to 858 m EUR which is a 15 percent rise. Significant rise We are satisfied that we have managed to improve operations by optimising and enhancing...

PIL announces enhancement of West Africa Services

In continuous efforts to serve customers better, PIL highlights the enhancement in its West Africa weekly services that feature one of the fastest transit times to Tema, Onne & Tincan in the market as well as improved schedule reliability with 15 vessels deployed. SWS Features  South West Africa (SWS) Service, the new features are: Provide the fastest transit from China's main ports direct to Tema, Ghana. Offer one of the fastest transit times from China's main ports to Onne,...

K-CAT digital competence and assessment tool successfully supports Siem Offshore

Kongsberg Maritime is pleased to report that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the region of 700,000NOK. Innovative digital tool An innovative digital tool that enables personnel assessments to be carried out online, K-CAT’s abilities range from pre-employment evaluation through to crew competence verification. It is availabl...

USS Nevada located by SEARCH and Ocean Infinity

SEARCH, Inc. (SEARCH), the largest underwater and terrestrial archaeology firm in the United States, and Ocean Infinity, the marine robotics company, are pleased to announce the discovery of USS Nevada (BB-36), one of the U.S. Navy’s longest-serving battleships, and viewed as the epitome of American resilience and perseverance. Deep-water search capability USS Nevada was located 65 nautical miles southwest of Pearl Harbor at a depth of over 15,400 feet. The discovery is the result of a...

Kongsberg achieves growth despite times of global uncertainty

The order backlog remained high and the cash flow was solid as a result of both a strong positive contribution from the operations and the sale of underwater technology company Hydroid. The financial effect of the COVID-19 pandemic was limited in the first quarter. However, the situation is creating increased market uncertainty going forward, especially in the maritime industry. WEBCAST: Recording of online presentation of KONGSBERG's 1st quarter 2020  Key figures: The order intak...

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