Prime movers 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...

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...

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...

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...

FESCO diesel motor vessel - Vasiliy Golovnin departed from the port of Cape Town (RSA) to Antarctica on December 24, 2019, delivering cargo to two Indian and Belgium scientific research stations. The voyage will last until April 2020. Vasiliy Golovnin vessel loaded with various goods In Cape Town, the Vasiliy Golovnin vessel was loaded with 1382 tons of various goods, including equipment, fuel and food. The vessel will also transport 35 Indian members of the expedition to the stations - Bhar...

On the afternoon of December 18, 2019, the opening ceremony of CU LINES Vietnam Co., Ltd. and the launch event of the new China-Vietnam service – CVX took place in Ho Chi Minh City, Vietnam. Over 120 guests were present to witness and celebrate this special moment, including representatives from the Consulate General of China in Ho Chi Minh City, partner representatives from local ports, cargo owners, traders, Chinese enterprises, shipping and freight operators in Ho Chi Minh and Haiphong...

MetOcean Telematics is pleased to announce that it has officially opened a new office in Ottawa, Ontario, Canada. MetOcean Telematics shows continued growth with the opening of a new office that houses a dedicated team of sales and product development professionals. Sales and product location This new regional office is positioned to further support the growing customer base This new regional office is positioned to further support the growing customer base, which seeks to further increa...

Hong Kong-based shipping company, T.S. Lines LTD. has announced that they have taken charge of the TS YOKOHAMA, second of four 1,096 teu ships that Kyokuyo Shipyard of Japan (Kyokuyo Shipyard Corporation) built for this carrier. New vessels based on ‘Kyokuyo 1100′ design T.S. Lines had placed the order for the first two ships in December 2017 T.S. Lines had placed the order for the first two ships in December 2017 and the carrier, six months later, returned to Kyokuyo, to place t...

The 2017-retrofitted ‘Wes Amelie’, a 1,036-TEU feeder container ship, operated by Unifeeder, will become the first vessel in the world to run on Synthetic Natural Gas (SNG), generated by wind energy. MAN Energy Services, Wessels Marine, Unifeeder and Nauticor are cooperating on the SNG project, which will see ‘Wes Amelie’ use liquefied SNG, produced from renewable electrical energy, as a drop-in fuel. Synthetic Natural Gas (SNG) as marine fuel To demonstrate that SNG c...

Wrist Ship Supply is pleased to announce that Mr. Jaco Hooij will take on the position as Managing Director of Wrist-Klevenberg in Rotterdam, the Netherlands. Solid experience in logistics Jaco comes with a solid experience in logistics and is looking forward to taking on new challenges in the Wrist Group. Before joining the Wrist Group, Jaco was CEO of Kloosterboer, a leading business in temperature-controlled logistics and prior to that, he was Director of the Dutch based logistics company,...

Satcom Direct’s (SD) reputation as a pioneer in providing game changing business aviation solutions was confirmed by the Asian business aviation community during this year’s Icons of Aviation Awards 2019, held on Saturday, November 2, 2019. Up against an elite business aviation line-up, SD was named Most Innovative Company of the year at the prestigious, black-tie charity gala event, held in Hong Kong. Hosted by the Asian Business Aviation Association, AsBAA, the awards recognise ex...

GreenSteam, the global supplier of vessel-based machine learning solutions, and Unifeeder, the largest, Pan-European feeder and short-sea operator, are expanding their partnership to pave the way for sustainable shipping. The Climate is a hot topic, which is why we need to find new sustainable ways to create energy. GHG emissions caused by vessels have long been a major challenge facing the modern shipping industry. Shipping strategy to focus on reducing annual GHG emissions Vessels are still...

In December 2018, All Freight Services International (AFSI) in Canada and Blue Water Shipping were awarded the contract to transport the world’s first Siemens SGT-A45 Mobile Turbine from Alabama, United States to Mazar-e Sharif, Afghanistan by Bayat Power, the largest gas-fired power generation company in Afghanistan.  This is the first new gas turbine to be deployed in Afghanistan in more than 40 years, and it will provide reliable and affordable electricity to over 200,000 homes. T...

Pacific International Lines (PIL), Singapore’s containership operator, is proud to be part of Singapore’s 54th birthday celebrations by sponsoring 102 20-foot GP containers for the 2019 National Day Parade (NDP). The 102 containers will be used for delivery of goods from different vendors to the parade venue at the Padang, and ensuring the safe storage of NDP props and NDP fun packs. Home-grown shipping line Mr Teo Siong Seng, Executive Chairman and MD of PIL said: “PIL is h...

Global shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO Shipping Lines, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group. Under these agreements, each signatory commits to provide resources to support preparatory work required to establish the GSBN, a not-for-profit joi...

Pacific International Lines Pvt. Ltd is pleased to announce the launch of 2 new India services – China India Service (CIS) and China Pakistan Service (CPS), with effect from August 2019. These new services will provide enhanced direct service between Central/Southern China and India, Pakistan & Sri Lanka, calling Nhava Sheva, Mundra, Karachi (SAPT & Port Qasim), and Colombo. Rotation of CIS SHANGHAI – NINGBO –SHEKOU – NANSHA – SINGAPORE – PORT KLANG...

In line with the team’s continuous efforts to monitor and analyse maritime and defense trends, the organising committee of DIMDEX, led by Chairman Staff Brigadier (Sea) Abdelbaqi Al Ansari, have attended MASTAsia 2019 (Maritime/Air Systems & Technologies), the only international defense show in Japan, which took place from 17-19 June in Tokyo. Key decision-makers DIMDEX’ Chairman Staff Brigadier (Sea) Abdelbaqi Al Ansari, said commenting on the visit to MASTAsia 2019: “DI...

DIMDEX 2016, the fifth Doha International Maritime Defence Exhibition and Conference, held under the patronage of His Highness, The Emir, Sheikh Tamim Bin Hamad Al-Thani, officially launched at a press conference held at IDEF, the International Defence Industry Fair in Turkey. DIMDEX 2016, the fifth Doha International Maritime Defence Exhibition and Conference, held under the patronage of His Highness, The Emir, Sheikh Tamim Bin Hamad Al-Thani, officially launched at a press conference held at...