AI - News

Nigerian Maritime Administration and Safety Agency (NIMASA) increases conditional survey for Flag Registration by 43.6% in 2021

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh has announced an increase of 43.6% in condition survey for Flag Registration by the Agency, in the year 2021, as against the performance in the year 2020. NIMASA also recorded an improved Port State Control (PSC) implementation in the year 2021, with 24.2% higher than the PSC inspections of the year 2020. Improved Port and Flag State Administration Dr. Bashir Jamoh, who disclosed this dur...

Mitsubishi Shipbuilding establishes new organisation for marine decarbonisation - Marine Decarbonation Business Development Group

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has established the Marine Decarbonation Business Development Group, responding to the energy transition strategy promoted by MHI Group. New organisation formed This new organisation formed by consolidating a range of functions, from technology development and market research to the formulation and implementation of business strategies, will utilise the advanced technologies accumulated by the company, over i...

Xeneta's early dip in long-term ocean freight rates fails to tarnish exceptional year for carriers

Long-term contracted ocean freight rates fell by 3.6% in January 2022, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd-sourced data from global shippers, the analysis shows the second consecutive monthly rates decline, following a staggering 14 months of consistent increases. As such, despite the dip, contracted rates stand 98.1% up year on year, demonstrating the commanding position carriers continue to occupy in shipping negotiations.  Pain and g...

Norwegian Shipowners Association welcomes the Ocean Fund initiative to stimulate investment in green technology

The Norwegian Shipowners Association has announced that they welcome the Ocean Fund initiative to speed up the green transition in the global shipping industry. They believe that if shipping is to achieve ambitious climate goals, the global maritime industry needs to put in place, new and effective measures that will stimulate investment in green technology and emission-reducing measures. The Ocean Fund 75 per cent of the funds received, as part of the Ocean Fund, will go back to the shipping...

TGI Cargo discusses when to consider domestic sea freight for oversized machinery and equipment

Less than 15 percent of TGI's domestic freight uses Australia’s Blue Highway – the 80 or so ports and seaways surrounding the country connecting cities and towns and the world. Sea freight is often overlooked because of misconceptions that road and rail freight is more cost-effective. However, when it comes to transporting oversized and heavy equipment, sea freight has a much lower cost per tonne, especially over longer distances. So, what does the user need to know about domestic s...

MPC Container Ships ASA announces the successful completion of the company’s extraordinary general meeting

The extraordinary general meeting of MPC Container Ships ASA (the company) was held on Jan 28, 2022, at the company's office located at Munkedamsveien 45 A, N-0250, in Oslo, Norway. The extraordinary general meeting adopted all resolutions on the agenda. The information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

MAN Energy Solutions offer dual-fuel retrofits of low-speed engines, considered key in push towards decarbonisation

In light of the emerging trend for decarbonisation within the marine sector, MAN Energy Solutions notes that the modular design of the conventionally fuelled, low-speed ME-C engine portfolio lends itself to extensive retrofit options, in regard to alternative green fuels, and that such retrofits already have a proven track record. Thomas S. Hansen, the Head of Promotion and Customer Support at MAN Energy Solutions, said “At MAN Energy Solutions, we design and service many of the global fl...

Blue Water extends the group's top management with appointment of new COO for Energy, Ports & Projects

As a consequence of increased business volume and in line with the execution of the Group's growth strategy, Blue Water has extended the group's top management, which grows from three to four members. The new member will be Thomas Bek, promoted from Global Director of Energy & Projects to COO for Energy, Ports & Projects Division. Current COO Dan Nissen will be responsible for road, sea & air division, including transport and logistics of industrial goods, consumer goods, food and m...

CULINES, Midea International Logistics, and Guangzhou Port Group sign MoU on strategic partnership

CULINES, Midea International Logistics, and Guangzhou Port Group signed a Memorandum of Understanding on strategic partnership at the headquarters of Midea in Shunde District, Foshan. This MOU will link together these three local companies on industry and supply chains and their resources will complement each other to achieve common development and win-win results. Convenient, and cost-effective global supply chain  The three parties will also enhance cooperation to promote the digi...

Wärtsilä Corporation’s CEO, Håkan Agnevall highlights the key steps for the marine industry to transition to carbon neutral shipping

Håkan Agnevall, the Chief Executive Officer (CEO) at Wärtsilä (Wärtsilä Corporation), wants to position the marine and energy giant, as the natural partner for an industry and society, looking to translate climate ambition to reality. His vision is clear and he argues ahead of Nor-Shipping 2022, real change is already tantalisingly close at hand. It’s rare for someone to speak with such certainty in uncertain times. Clear path for Wärtsilä But, H&arin...

The Seafarer's Charity announces the winner of MiFi photo competition

A winner of the UK Port MiFi Christmas Photo Competition has been announced. Julian Wong, a Port Chaplain at Stella Maris, sent a heart-warming photo of a Filipino seafarer on a video call with his children, while on the deck of the Arklow Archer at Ipswich Port. Julian has won £50 in Amazon vouchers, which he’s generously donating to the Filipino seafarer in his winning image, a £250 donation to his chosen charity Stella Marris and a framed photo. Submit and share imag...

The new Stena Baltica vessel debuts on Stena Line’s Baltic Sea route from Ventspils to Nynäshamn

With the continued expansion of Stena Line’s operations in the Baltic Sea, on 19 January, 2022, the new ferry - Stena Baltica has made its maiden voyage on the Ventspils‒Nynäshamn route. Henceforth, it will share this route with Stena Scandica, replacing Stena Flavia, which will join Stena Livia on the Liepāja–Travemünde route. Stena Baltica Stena Baltica is identical to the Stena Scandica, which has operated between Ventspils and Nynäshamn since the summer of 2021....

Andrey Severilov, Chairman of FESCO’s Board participates in panel discussion on the Northern Sea Route, at the Expo 2020 Dubai

Andrey Severilov, the Chairman of the Board of Directors at FESCO Transportation Group (FESCO) participated in the panel discussion on possibilities of the Northern Sea Route (NSR), which took place within the framework of the Rosatom week at Expo 2020 Dubai, taking place at the Dubai Exhibition Centre, in Dubai, United Arab Emirates (UAE). Panel discussion on the Northern Sea Route In his speech, Andrey Severilov noted the prospects of the Northern Sea Route In his speech, Andrey Severilov n...

Unifeeder’s Svetlana Maydanova participates in DP World’s #MentorHer - Empowering women in the shipping industry initiative

Unifeeder’s St. Petersburg Branch employee Svetlana Maydanova participated in the DP World for women initiative #MentorHer, a programme designed to facilitate knowledge transfer with mentors, in order to support, inspire, and motivate women in the workplace, and help build networks that open opportunities. Svetlana Maydanova has been with Unifeeder since 2009 and is based in St. Petersburg. Besides many years of experience in Finance and Administration, she holds a Ph.D. from St. Petersbu...

ZIM Integrated Shipping Services announces new chartering agreement for three 7,000 TEU LNG dual-fuel container vessels

ZIM Integrated Shipping Services (ZIM) has announced the signing of a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd. According to the agreement, ZIM Integrated Shipping Services will charter three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, in order to serve across ZIM’s various global-niche trades for total consideration of approximately US$ 400 million. Charter agreement to construct vessels The vessels will...

MEGURI 204 Demonstration Completed By The Nippon Foundation

The Nippon Foundation, Mitsubishi Shipbuilding Co. Ltd, a part of Mitsubishi Heavy Industries Group, and Shin Nihonkai Ferry Co., Ltd. have successfully completed a demonstration test of the world’s first fully autonomous ship navigation systems on a large car ferry, conducted on the Iyonada Sea from Shinmoji, Kitakyushuu City, on January 17. This demonstration was part of MEGURI 2040, a project promoting the development of fully autonomous vessels supported by The Nippo...

Lamor Corporation announces enhancement of customer service level in Norway with opening of new office space

Lamor Corporation announced that the company has increased its efforts to serve customers in Norway, by establishing a Norwegian office, in January 2022. The local Lamor office is located in Straume, Bergen area, located in the west coast of Norway. Lamor Oil Spill Response solutions Lamor Corporation has had for many years a good dialogue and recurring projects with the Norwegian coast guard, Kystverket (Norwegian Coastal Administration), regarding Lamor Oil Spill Response solutions, and many...

Vissim secures government contract to digitise and safeguard the coastline of Benin

The government of Benin has awarded a contract to Norwegian technology company, Vissim to deliver a coastal monitoring system designed for improved environmental monitoring and safer passage along Benin’s coastline and ocean area. The ultimate objective is to increase international trade with Benin. The contract is funded by Export Finance Norway. Vissim secures contract from Benin government The contract was signed at a ceremony in Cotonou, Benin, by Minister of Defence, Fortunet Alain...

EngineeringUK partners with Maritime UK and BAE Systems to address future workforce skills

Maritime UK partnered with EngineeringUK, as part of The Tomorrow's Engineers Code, to address the maritime sector’s future workforce skills and shared commitment to increase the number and diversity of young people entering engineering careers. Part of this partnership included Maritime UK, BAE Systems and EngineeringUK taking part in an online conversation, where they talked about the challenges facing the maritime sector and how this is going to impact future workforce skills. The Tom...

Maersk highlights the over 40 years of partnership with Kenyan businesses and its key role in the development of Kenya’s maritime sector

Shipping over 30% of Kenyan imports and 50% of the country’s export volumes, A.P. Moller – Maersk (Maersk) plays a key role in partnering with Kenyan businesses, in order to help them grow and expand to other markets. Expands landside offering in Kenya With over 300 employees in both commercial and operational functions, Maersk is also strengthening its organisation in Kenya to expand its landside offering, in order to further address customer needs and pain points, in line with it...

A.P. Moller – Maersk aims to transform to a ‘new better’ in chemical supply chains

Almost two years on from the start of the COVID-19 pandemic, the world is still operating in testing times. Volatility and uncertainty continue to be seen across global networks, and the importance of the supply chain to the success of organisations has also increased, making operational resilience a vital need of the hour. In October 2020, A.P. Moller – Maersk (Maersk) had conducted a successful webinar that focused on the key steps for building supply chain resilience in the chemical in...

CULINES signs a partnership agreement with KUKA HOME at its Shanghai Operational Centre

In the afternoon of January 14th, 2022, CULINES signed a partnership agreement with KUKA HOME at its Shanghai Operational Centre. Mr. Berton CHEN (Assistant President at KUKA HOME), Ms. Even BAO (Chairperson at TJI Freight Services), Mr. Kevin DING (Executive Vice President at CULINES), Mr. Hawk HUANG (Vice President/COO at CULINES), and other relevant colleagues attended the ceremony. Direct business communication Based on the pure values of ‘Doing Good Things, Making Good Friends.&rsq...

MPC Container Ships ASA announces extraordinary general meeting to be held on January 28, 2022

Notice is hereby served that an extraordinary general meeting of MPC Container Ships ASA (the ‘Company’) will be held on January 28, 2022, at 12:00 hours CET, at the Company’s offices at Munkedamsveien 45 A, N-0250 Oslo, Norway. The notice is attached hereto. Due to the COVID-19 outbreak, shareholders are encouraged to abstain from appearing in person, at the general meeting, but rather participate by means of advance votes or by granting a proxy. Shareholders not enrolled by...

Wärtsilä optimised maintenance agreement featuring digital solutions will enhance reliability and uptime for LNG Carrier

The technology group Wärtsilä has signed a long-term Optimised Maintenance Agreement with Singapore-based NYK Shipmanagement. The 13-year contract is designed to ensure maximum uptime and equipment reliability, with assured maintenance costs, for an LNG carrier vessel featuring three Wärtsilä 50DF dual-fuel engines. The agreement was signed in November 2021. The agreement covers maintenance and planning support. It includes Expert Insight, which enables dynamic, data-driven...

A.P. Moller – Maersk sets the bar to net zero carbon emissions for customers and the planet

To make sure the customers’ sustainability objectives are met, when transporting their products across the globe, A.P. Moller – Maersk has announced a more ambitious climate neutral target. The goal is to reach net zero greenhouse gas emissions, across the entire business, by 2040, one decade ahead of the initial 2050 ambition. Maersk's Net zero carbon targets Mads Stensen, the Senior Sustainability Advisor at Maersk, said “More than half of Maersk’s top 200 customers...

A.P. Moller - Maersk accelerates Net Zero carbon emission targets to 2040 and sets milestone 2030 targets

A.P. Moller - Maersk (Maersk) announces new aspiring emissions targets, expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net zero supply chains to customers by 2040. The targets go beyond previous efforts to reduce emissions related to the ocean fleet, as they cover all direct and...

MSC CEO Soren Toft highlights the importance of collaboration for decarbonisation at DNV’s ‘Fuel of the Future Conference’ at Nor-Shipping 2022

Mediterranean Shipping Company’s (MSC) Chief Executive Officer (CEO), Soren Toft has highlighted the importance of working together, in order to achieve net decarbonisation goals, in a keynote digital speech delivered at DNV’s ‘Fuel of the Future Conference’, on January, 11, 2022, as part of the annual Nor-Shipping convention. In his speech, Soren Toft explained MSC’s views on the status of decarbonisation in the container shipping sector, summarised how the compan...

Denis Petropoulos succeeds Lord Mountevans as chair of the LISW23 Board Of Advisors

SHIPPING INNOVATION, owner and manager of London International Shipping Week (LISW), is delighted to announce the appointment of its chairs for the LISW23 Board of Advisors and LISW23 Steering Group. Baltic Exchange Chair Denis Petropoulos will succeed Lord Mountevans as Chair of the LISW23 Board of Advisors while John Hulmes, Chair of Mersey Maritime, will assume a third term as Chair of the LISW23 Steering Group. Welcoming the appointments and thanking Lord Mountevans for his hard work chair...

Blue Water opens two additional offices in the Middle East, in Iraq and Saudi Arabia

Blue Water’s Energy and Projects Division has experienced positive and sustainable growth in recent years, both in terms of activity level and expansion of locations. To further strengthen its global position, Blue Water is opening two additional offices in the Middle East: Iraq and Saudi Arabia. This is to underline and strengthen the objective of servicing customers across the business with a regional and local presence. “We want to expand our global presence to serve current an...

Iridium Names Manjula Sriram as New Chief Information Officer

Iridium Communications Inc. announced that Manjula Sriram has joined the company as Vice President & Chief Information Officer (CIO). Reporting to Chief Financial Officer Tom Fitzpatrick, Sriram is now responsible for leading Iridium's Information Technology (IT) organisation in implementing information systems to support both distributed and centralised business operations. Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Irid...

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