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Xeneta Shipping Index (XSI) shows demand, disruption and deft carrier strategies fuel new highs for long-term ocean freight rates

April 2022 saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up year-on-year. The data, revealed in the latest Xeneta Shipping Index (XSI) Public Indices for the contract market, demonstrates how supply chain demand, successful carrier strategies and continued COVID-19 disruption in China are coalescing to ‘pile on the pain’ for shippers worldwide. Xeneta Shipping Index (XSI) Xeneta&...

Wan Hai Lines Ltd. keeps ship naming ceremonies for WAN HAI 285 and WAN HAI 286

Wan Hai Lines Ltd. held ship naming ceremonies for WAN HAI 285 and WAN HAI 286 accompanied by a charity donation on 27th April, due to the COVID-19 pandemic, a physical ceremony was replaced by an online one. WAN HAI 285 and WAN HAI 286 are the 2nd, and 3rd vessels in a series of 2,038 teu containerships built by China Shipbuilding Trading Co., LTD., and Guangzhou Wenchong Shipyard Co., LTD. Ms. Chiu-Mei Cheng, Board Member‧General Manager of TAIWAN KIRIN COMPANY, LIMITED and Ms. Connie Chu, Ma...

IMO Secretary-General Kitack Lim urges States to take action in order to enforce the Cape Town fishing vessel safety agreement

States are being urged to take action to bring into force the Cape Town Agreement of 2012, a key international treaty, which will establish an international regime for fishing vessel safety. This will help make fishing safe, sustainable and legal - and make a significant contribution to the protection of fishers, an unacceptable high number of whom lose their lives every year. “We cannot afford to be complacent, when it comes to addressing the safety of fishers and fishing vessels,”...

Mediterranean Shipping Company – MSC’s Andre Simha to speak on digital standards at the TradeTech Europe 2022 event

The eCommerce surge is shaking up the shipping industry, making speed and efficiency a must. The time has come to move beyond paper and towards widespread adoption of the game-changing electronic Bill of Lading (eBL). Mediterranean Shipping Company - MSC’s Global Chief Digital and Information Officer (CDIO), Andre Simha will explain more at an upcoming event - TradeTech Europe 2022, during the eCommerce week, organised by the United Nations agency - UNCTAD. Rapid growth of eCommerce eCo...

Oceania Cruises revealed its 2024 Collection of voyages with more than 350 voyages

Oceania Cruises., the culinary- and destination-focused cruise line, revealed its 2024 Collection of voyages to Europe, Alaska, Canada, Asia, Australia & New Zealand, Africa, South America, the South Pacific, and the Caribbean. The Collection encompasses more than 350 itineraries including over 130 Grand Voyages across seven ships and all seven continents. The itineraries are available to preview online and open for reservations on May 4, 2022. Destination-rich itineraries "Next to our re...

MarRI-UK announces funding for SPINE (Shipping and Port Interfaces In New Era) project, to address clean maritime challenges in the seaports

£1.06 million in funds has been awarded to a consortium, led by MSE International, in order to address clean maritime challenges in the seaports and shipping sectors. The consortium of nine organisations, which is led by MSE International, will get the £1.06 million funds, as part of the Smart Maritime Land Operations Call. The call was launched in November 2020, as part of a Maritime Research and Innovation UK (MarRI-UK) initiative, supported by the Department for Transport (DfT),...

Yang Ming receives one more 11,000 TEU Ship, YM Trophy

Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one new 11,000 TEU container vessel, ‘YM Trophy’. The vessel is chartered from Shoei Kisen Kaisha, Ltd. and was built by Imabari Shipbuilding Co., Ltd. After delivery, YM Trophy will be put into service immediately on Yang Ming’s Trans-Pacific route PS6 to provide efficient transport service between Asia and the Pacific Southwest. Increase operational efficiency To increase Yang Ming’s mid-to-long-term opera...

Satcom Direct expands Asia Pacific presence with Singapore office opening and new appointments

Satcom Direct (SD), the business aviation solutions provider, is strengthening its Asia Pacific network with the opening of a Singapore office. The new location represents the base for Brian Roos, the recently appointed Asia Pacific, Regional Director, and the newly named Regional Sales Manager, Kaviraj (Kavi) Nadarajah. Brian Roos Reporting directly to the Senior Vice President, of SD International, Michael Skou Christensen, Roos is responsible for establishing the SD presence in Singapore a...

Appeal launched by IAPH and The Seafarers’ Charity to assist Ukrainian port workers and their families

Ukrainian seaports are in the frontline of the war. Help port workers and their families, now and through the crisis. The International Association of Ports and Harbors (IAPH) is working with The Seafarers’ Charity to support port workers and their families impacted by the humanitarian disaster caused by the war in Ukraine. Practical financial help Ukrainian seaports are in the frontline of the war, as the siege of Mariupol and heavy fighting around Berdyansk and Kherson has demonstrate...

Hansa Destinations doubles freight capacity on the Nynäshamn-Rostock route

At the end of April 2022, the shipping company Rederi AB Gotland added another vessel on the Hansa Destinations Nynäshamn–Rostock route. This has doubled the freight capacity and added more departures in both directions. This means that increased goods volumes can be moved from land to sea transport. Eliana Marino and Drotten The new vessel added to the route between Port of Nynäshamn and Rostock in Germany is called the Eliana Marino. The vessel Drotten has operated on the ro...

Inmarsat launches Fleet Secure Unified Threat Management to protect vessel networks against cyberattacks

Inmarsat, the pioneer in global, mobile satellite communications, launches Fleet Secure Unified Threat Management (UTM), as a standard option on Inmarsat’s award-winning Fleet Xpress service, protecting vessel networks against cyberattacks. Fleet Secure UTM completes a portfolio of Inmarsat cyber security solutions for ship owners, which includes Fleet Secure Endpoint and Fleet Secure Cyber Awareness Training. Developed in partnership with maritime Cyber Security specialist Port-IT, the r...

MSC's eBL solution helps with eCommerce speed and efficiency

The eCommerce surge is shaking up the shipping industry, making speed and efficiency a must. The time has come to move beyond paper and towards widespread adoption of the game-changing electronic Bill of Lading (eBL). MSC’s CDIO André Simha will explain more at an upcoming event during the eCommerce week organised by UN agency UNCTAD. Demand for shipping eCommerce has skyrocketed since the start of the pandemic. Due to lockdowns, travel restrictions, and health concerns, more and...

MSC to attend Africa CEO forum in Abidjan, Ivory Coast in June

After 2 years of physical absence, the Africa CEO Forum will take place in Abidjan, and for this occasion, MSC’s delegation will be led by CEO Soren Toft, who will also speak at the event. MSC is proud to be attending the forum for the fifth time in a row and as a diamond partner. CEO Soren Toft will attend the event alongside other MSC senior leadership, and he will do an exclusive one-on-one interview during the conference programme. Africa CEO forum The event, taking place on 13-14 J...

Port of Aberdeen has received £30,000 from the port tthrough the cost of living crisis

Charities and community groups operating locally to Aberdeen Harbour, soon to be known as Port of Aberdeen, have received £30,000 from the port to help their work supporting individuals and families through the cost of living crisis. Supporting communities Through the port’s community action program, supPORT-all, two awards of £10,000 have been granted to CFINE and Big Noise Torry (Sistema Scotland). Two further awards of £5,000 have been granted to the Inchgarth Commun...

Artemis Technologies’ 100% electric foiling workboat takes to the sea

Artemis Technologies, the pioneer in green maritime innovation, has just released the first pictures of its 100% electric, high-speed foiling workboat prototype on Belfast Lough. Artemis eFoiler® system The vessel was designed and built to include the production specification drivetrain, battery, and flight control components consumers will eventually see in the finished workboat. With big goals set for 2022, this announcement brings Artemis Technologies one step closer to providing high-s...

Inmarsat expands presence in expedition cruise segment with Fleet Xpress orders for three more Galápagos vessels

Inmarsat, the pioneer in global, mobile satellite communications, is expanding its market presence in the luxury expedition market as a result of new orders for its Fleet Xpress service covering three specialised Galápagos Islands vessels. The reliability and speed of the maritime broadband service will meet guest connectivity needs for the Quasar Expeditions luxury yachts Grace and Evolution and the Kleintours cruise ship Galapagos Legend, following two contracts signed with own...

Keel laying for Royal Navy’s Type 31 frigate showcases Babcock workforce

Babcock has started construction of the first of five Royal Navy Type 31 frigates, HMS Venturer, at its Rosyth facility. After cutting the first steel on the programme in September 2021, the traditional keel-laying event formally recognised the start of the build, including placing a specially commissioned coin under the keel.  On completion of the ship, the coin will be presented to the Captain and crew. The ceremony was held in the new build hall, the Venturer Building, which forms...

Waves Group secures MWS contract for the third phase of the Dogger Bank Wind Farm development

Waves Group are pleased to announce it has secured the Marine Warranty Surveyor (MWS) contract for the third phase of the Dogger Bank Wind Farm development – Dogger Bank C.  This is our third win of the three project phases as they are currently providing MWS services for Dogger Bank A and B, which are currently under construction. Once the three phases are complete, Dogger Bank will be the largest offshore wind farm in the world. Offshore marine consultancy In total it is expected...

Explore MetOcean Systems at the Offshore Technology Conference (OTC) 2022

MetOcean Telematics is pleased to announce it will be exhibiting at the Offshore Technology Conference (OTC) 2022, in Houston, Texas, USA, from May 2-5, 2022. MetOcean Systems and Iridium OTC is a global event that connects offshore energy professionals from more than 130 countries to collaborate and discuss the challenges, solutions, and changing energy landscape of the offshore energy sector.  OTC is looking forward to connecting with partners and clients in the industry and showcasing...

MSC to exhibit at Breakbulk Europe 2022

MSC is proud to be exhibiting at Breakbulk Europe 2022 in Rotterdam. Taking place from 17-19 May 2022, the conference has become the global gathering for the industry with more than 120 countries represented, providing a key opportunity to meet, network, and connect.   MSC's project cargo experts from around the world look forward to welcoming visitors at stands 2A20-B21 in Hall 2.  One size does not fit all  MSC will be promoting its solid expertise in oversized freig...

Teknotherm to showcase their marine products at the Seafood Processing Global 2022

Seafood Expo Global/Seafood Processing Global is the world’s largest seafood trade exposition, an event all professional seafood buyers don’t want to miss. Seafood-related product The exposition features more than 1,850 exhibiting companies from 79 countries. Exhibitors supply nearly every type of fish, seafood, and seafood-related product or service. Attend Seafood Expo Global/Seafood Processing Global and find the following: Fresh fish and seafood. Frozen fish and seafood....

Teknotherm Announces The Company Will Be Present At The Seatrade Cruise Global 2022 Event

The renowned annual B2B event for the global cruise industry, Seatrade Cruise Global 2022 brings together more than 13,000 buyers and suppliers from 140 countries and 300 international journalists. Seatrade Cruise Global 2022 The three-day exhibition is the largest gathering of the cruise industry, hosting over 700 exhibiting companies from all sectors, including Design & Ship Interiors, Entertainment, Environmental & Health, Hotel Operations and Concessions, Information Technology, Po...

Norwegian Cruise Line Holdings commits to pursue net zero Greenhouse Gas Emissions by 2050

Norwegian Cruise Line Holdings Ltd., a global cruise company which operates Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, announces its commitment to pursue net zero emissions by 2050 across its operations and value chain. The Company has also committed to develop short- and near-term greenhouse gas (‘GHG’) reduction targets to support its path to net zero. In addition, the Company has published its first Task Force on Climate-related Financial Disclosures (...

MAN Energy Solutions receives an order to provide MAN B&W 6S60ME-GI engines to a Luxembourg-based shipping group CLdN

MAN Energy Solutions has won the order for 4 × dual-fuel MAN B&W 6S60ME-GI engines in connection with the construction of two hybrids, 8,000 lane-metre, RoRo vessels for CLdN, the Luxembourg-based shipping group. Both 234-metre vessels are scheduled for delivery in the first half of 2025. The two new buildings will have a hybrid propulsion system with each featuring 2 × ME-GI engines (2 × 11 MW) along with MAN Energy Solutions’ proprietary EGR (Exhaust Gas Recirculat...

MSC Spain Celebrates 40th Anniversary

MSC will celebrate its 40th Anniversary in Spain in 2022. This history began on 2 May 1982 when the first offices were opened in Valencia and Barcelona, and today MSC Spain has over 600 staff dedicated to servicing the needs of its customers in the country.   To mark this historic moment, MSC Spain will host a series of events for people who have worked with the company over the years and who have contributed to its success and growth, including those in the local community. This...

Okeanus science & technology equipment supports historic shipwreck discovery

Okeanus Science & Technology, LLC (Okeanus), an established provider of marine equipment and engineering services, recently revealed how some of the company’s deck-handling equipment proved instrumental to the discovery of the iconic US Revenue Cutter Bear. The shipwreck was located during a 2019 geophysical reconnaissance mission off Nova Scotia carried out by the National Oceanic and Atmospheric Administration (NOAA) and the United States Coast Guard (USCG), and CSA Ocean Sc...

Maritime UK responds to Transport Select Committee inquiry on Maritime 2050

Maritime UK has responded to the Transport Select Committee's inquiry on Maritime 2050. Ranging across shipping, ports, services, engineering, and leisure marine industries, the Department for Transport leads the Government’s strategy for the maritime sector. Maritime 2050: Navigating the future The Department’s policy is framed by Maritime 2050: Navigating the future. Published in 2019, this Government strategy addresses seven top-level themes of competitive advantage, tech...

Adoption of the Marine Plans marks a big step forward for England’s seas - an update from the Marine Management Organisation (MMO)

The first comprehensive set of Marine Plans to guide development across England’s seas have been adopted and published. The publication of the North East, North West, South East and South West Marine Plans follows the adoption of the East Marine Plan in 2014 and the South Marine Plan in 2018. This means all of England’s seas – an area of approximately 230,000 square kilometres – a third larger than the total land area of England – are now covered by Marine Plans....

Thales executives speak at AUVSI XPONENTIAL 2022

The AUVSI XPONENTIAL 2022 will be held in Orlando, Florida, April 25-28, 2022. This event will bring together industry experts, end-users, technologists, and policymakers to discuss autonomous innovation and its safe and seamless integration into everyday life. Thales will have the following speaking engagements throughout the event: April 27, 10:30 am – 12:00 pm – “The Safety Target” Frank Matus, Director, ATC Digital Aviation Solutions, Amer...

ClassNK issues an Approval in Principle for the design of an ammonia-ready LNG-fuelled Panamax bulk carrier

Classification Society ClassNK has issued an Approval in Principle (AiP) for the design of an ammonia-ready LNG-fuelled Panamax bulk carrier developed by the Planning and Design Centre for Greener Ships (GSC). Ammonia is expected to be used as ship fuel for decarbonisation since it does not emit CO2 when burned. Meanwhile, taking adequate safety measures is impartial due to its characteristics of being toxic to humans and corrosive against materials, and ClassNK has worked on the development of...

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