Prime movers News

Satcom Global is delighted to announce that its flagship Aura VSAT service boasts enhanced coverage through new High Throughput Satellites (HTS) and beam enhancements, offering superior connectivity to maritime users in popular trading routes, fishing waters, and leisure hotspots in the Americas and Asia. Satcom Global has strengthened the Aura VSAT network with the addition of two new High Throughput Satellites, SES-14 HTS and SES-15 HTS, delivering a boost in coverage and service quality for...

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...

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...

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 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...

SBM Offshore CEO Bruno Chabas commented: “SBM Offshore delivered a good set of results during the first quarter of 2020, in line with expectations. The Company’s results, dividend track record and completed share repurchase exemplify SBM Offshore’s robust business model. At the same time, SBM Offshore is also impacted by the combined demand and supply crises in the oil and gas market and is taking measures to evolve and adapt with the uncertain dynamic market conditions."...

Leading Classification Society ClassNK granted an Approval in Principle (AiP) to Nippon Yusen Kabushiki Kaisha (hereinafter referred to as NYK Line) and MTI Co., Ltd. (hereinafter referred to as MTI) for their joint project on the concept design of an autonomous ship framework (development code “APExS”). Guidelines The AiP was granted upon confirming the feasibility of the framework through safety evaluation in line with the guidelines ClassNK is involved in various demonstrati...

The recruitment company Universum conducts an annual student survey at 26 Norwegian educational institutions. More than 13,000 students have been asked to rank different companies by attractiveness. KONGSBERG is ranked on second place among engineering students, beaten only by Equinor who has topped the list for a number of years. When female engineering students are asked to pitch their preferred employers, KONGSBERG comes in 10th place, up two places from last year. Increasing support among...

There is a heavy demand for air freight to and from China. However, due to the COVID-19 situation, almost all ordinary air traffic has come to a standstill, complicating the transport for European companies – for both import and export. Consequently, the present air freight capacity is not able to fulfil the demand from the European trade and industry. Blue Water has therefore made a charter-agreement with SAS Cargo for a regular scheduled service with two weekly departures between Europe...

The Danish ship supply company Wrist Ship Supply is busy supplying food and other necessities to all the seafarers stranded on merchant vessels due to coronavirus. Travel restrictions at ports all over the world mean that crews have been spending far longer than usual on their ships. In this deadlocked situation, it is essential – both for their health and morale – that the crews receive fresh supplies on board. Here, Wrist Ship Supply is playing a key role. There are obstacles alon...

Imabari Shipbuilding Co., Ltd. (‘Imabari’), MAN Energy Solutions (hereinafter ‘MAN’), Mitsui E&S Machinery Co., Ltd. (‘Mitsui E&S Machinery’), ClassNK (‘ClassNK’), ITOCHU ENEX Co. Ltd. (‘ITOCHU ENEX’) and ITOCHU Corporation (‘ITOCHU’) have agreed to jointly develop ships equipped with the main engine using ammonia as its main fuel (‘Ammonia-fuelled Engine’). With international momentum towards the transi...

To offset the scarcity of reefer containers in South Africa, ahead of the upcoming citrus season and to support the nation’s agricultural sector, A.P. Moller – Maersk (Maersk), the world’s renowned integrated container logistics company, has brought 1,800 empty refrigerated 40-foot containers from the Middle East, as additional stock to serve customers. Refrigerated containers delivery There is additional supply to come and this will complement the refrigerated containers tha...

Wan Hai Lines is pleased to announce its plan to expand its existing service network between China and Southeast Asia by launching a new weekly service from Central China to Thailand & Vietnam on 15th May 2020. The service, named CTV by WHL and IAL, IA-98 by Sealand Maersk Asia will be operated with 3 vessels with an intake of 1,200 TEU. Comprehensive service coverage Wan Hai Lines will deploy 1 vessel while its partners Interasia Lines and Sealand Maersk Asia will operate the other two v...

Tokyo – Leading Classification Society, ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co., Ltd., for their concept design of a 180,000 DWT LPG dual fuelled bulk carrier, developed in cooperation with Mitsubishi Shipbuilding Co., Ltd. Approval in Principle (AiP) The AiP was granted to the concept design, based on ClassNK’s Guidelines for Ships Using Low-Flashpoint Fuels and its Rule Part GF (regulation for ships using low-flashpoint fuels), incorporating...

HMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo Shipbuilding & Marine Engineering)’s Okpo shipyard in Geoje, Korea. Distinguished guests attending the ceremony  About 160 distinguished persons attended the ceremony, including Moon Jae-in (President of the Republic of Korea), Hong Nam-ki (Deputy Prime Minister and Minister of Economy and Finance), Moon Seong-hyeok (Minister o...

FESCO Transportation Group’s (‘FESCO’) diesel motor vessel - Vasiliy Golovnin successfully finished the Antarctic expedition of 2020. The vessel delivered cargoes for two Indian and one Belgian research stations. The expedition lasted for three and a half months; the vessel returned to the port of Cape Town (South Africa) on 10 April 2020. Vasiliy Golovnin delivers various cargoes The vessel - Vasiliy Golovnin under the command of Captain Iksan Yusupov delivered 1382 to...

Seeking logistical efficiency has been a hallmark of some of the most successful brands. They continuously search for solutions that bring the biggest impact through the smallest amount of investment. These solutions can be as broad as launching a new product line to something as focused as shifting to a new mode of logistics. Their customer, one of the largest automobile manufacturers in the world, chose long-term efficiency over short-term fixes. Intercontinental rail solution The customer...

As the COVID-19 pandemic continues across the globe, SBM Offshore has been adapting to this unprecedented situation, protecting its workforce and putting in place business continuity measures. SBM Offshore’s priority remains the health and safety of its staff, contractors and their families, ensuring safe operations across the Company’s activities at the same time. A dedicated task force continues to monitor the situation at all Company locations across the globe, on a daily basis....

FESCO Transportation Group (‘FESCO’) provided complex agent services for the vessel which was used to transport the platform Odyssey (the launch complex of the Sea Launch floating spaceport) to the port of Slavyanka (the Primorye Territory). FESCO performed operations on the territory of Russia to support and maintain the vessel and prepare all the necessary documents, as well as controlled the unloading of the platform at the destination port.

HMM announced that the company has decided to stop using the name ‘Hyundai Merchant Marine’ as its official corporate name and brand, starting on 1 April 2020. The decision was approved at the 44th Annual Shareholders Meeting of the company, which was held at HMM headquarters, in Seoul, South Korea, on 27 March. The name ‘Hyundai Merchant Marine’ has been used for 37 years, since the company changed its name from the ‘Asia Merchant Marine’ in 1983. ‘HMM...

Classification Society ClassNK, Japan Marine United (JMU), and NAPA have completed a joint feasibility study on 3D model-based plan approval using 3D CAD models as part of their technical investigation project. Shipbuilding designs are gradually transitioning from 2D drawings to those designed with 3D CAD software. Classification societies, whose plan approvals are currently based mostly on 2D drawings, are also required to develop a scheme for 3D CAD models from their submission to their exami...

Hyundai Heavy Industries (HHI) established for the first time in Korea’s shipbuilding industry ‘Co-Prosperity Business Office’ under the direct control of its CEO, with an aim to build a new win-win business model with its partner companies.   For this, HHI expanded and reorganized the existing business unit responsible for supporting partner companies, led by a Senior Vice President-level Executive, into Co-Prosperity Business Office with three departments staffed with...

The retail industry is undergoing enormous change. The customers have evolved. They are demanding and selective. In these times, the retailers must review their existing supply chain setups and devise faster ways of reaching the markets. Maersk’s customer, an iconic American retail brand, with over 500 stores across the US foresaw the possible implications of outdated processes and reached out to Maersk for a solution. The challenge The private labels’ supply chains were c...

Provided by Zurich, this new service will offer customers the synergy of world-class logistics and insurance solutions. Maersk has teamed up with Zurich Insurance Plc (Zurich) to bring Maersk Cargo Insurance, a product to protect customer’s goods against physical loss or damage. A customers’ cargo can be exposed to various risks while in transit and Maersk Cargo Insurance covers goods from the time they are first moved for loading until the completion of unloading at destination, fr...

Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part N which adopts IGC Code and its Guidelines for Ships Using Low-Flashpoint Fuels to Daihatsu Diesel for their concept design of an LPG reformed gas-fuelled coastal LPG carrier developed in cooperation with Iino Gas Transport, Osaka Gas, Izumi Steel Works, and Miura Shipbuilding in terms of safety assessments. The Vessel is designed to be equipped with an LPG reformer developed jointly by Daihatsu Diesel...

On the afternoon of December 3, 2020, the China Shipping 50 Forum, acclaimed as a think tank in the shipping industry, held its 7th annual meeting in Qingdao. As a member of the Forum, Chairman of CULines Raymond Chen attended the meeting upon invitation. Guest attending the event The event gathered top-class experts and scholars from the port and shipping logistics sector The event gathered top-class experts and scholars from the port and shipping logistics sector, senior executives at...

FESCO Transportation Group announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020. Maxim Sakharov, previously Vice President for Finance, will replace Aleksandrs Isurins who is stepping down as the Group’s President on the same date. Authority comment “On behalf of the Board of Directors, I want to thank Aleksandrs Isurins. During the time he served as the President, he implemented a number of strategic projects, restructured public debt...

ClassNK obtained accreditation on January 23, 2020, from the Japan Accreditation Board (JAB) as a GHG emissions verification body based on the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) by the International Civil Aviation Organization (ICAO).Although global warming countermeasures are being discussed at the United Nations Framework Convention on Climate Change (UNFCCC), GHG emissions control in the international aviation sector, which operates across borders, will...

Following the cancellation of a number of global events, including the Mobile World Conference in Spain, ITB in Germany and the Geneva International Auto Show, the DIMDEX 2020 organising committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. DIMDEX 2020 event cancelled After extensive consideration, the DIMDEX 2020 organising committee has made the difficult decision to cancel the Doha International Maritime Defenc...

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...