AI - News

Ocean carriers remain in pole position in negotiations for long-term freight contracts, with high demand, port congestion, and supply chain disruption driving further rate increases. The rise in freight rates  According to the Xeneta Shipping Index (XSI®) Public Indices, long-term rates recorded their tenth consecutive month-on-month rise in October, climbing by 2.2%. The indices stand at a colossal 93.1% up year-on-year, with little hope of relief on the horizon for embattled shipper...

The Mohamed Bin Zayed International Robotics Challenge (MBZIRC) will be held in the UAE capital, Abu Dhabi, in June 2023, where tech innovators will participate to seek marine safety and security solutions to take home more than US$3 million in prize money. Organised by ASPIRE, the dedicated technology program management pillar of the Advanced Technology Research Council (ATRC), the overarching advanced technology research body in Abu Dhabi, UAE, the MBZI...

A.P. Moller - Maersk has announced the signing of a global end-to-end logistics agreement with Danish Crown from 2021. The three-year end-to-end agreement covers all Danish Crown’s business units, delivering solutions on ocean services, inland logistics and cold chain logistics.   Access to the digital supply chain platform, Tradelens, which is underpinned by blockchain technology, is also a core part of the agreement between A.P. Moller - Maersk and Danish Crown. A.P. Moller - M...

Neste recently conducted a life cycle assessment (LCA) study on the environmental impacts of the usage of its 100% renewable feedstock, Neste RE™.  It shows a greenhouse gas (GHG) emission reduction of more than 85% over the life cycle when Neste RE was used to replace conventional fossil feedstock in the chemical and polymers industry. The study thereby confirms the results from earlier studies on Neste’s feedstock for the polymers industry. LCA Study follows a 'cradle-to-gat...

Inmarsat, the pioneer in global, mobile satellite communications, publishes a new report pinpointing the impact of COVID-19 in accelerating global shipping’s digital journey. Written by maritime innovation consultancy Thetius and sponsored by the Inmarsat Research Programme, ‘A Changed World: The state of digital transformation in a post-COVID-19 maritime industry’ captures a sector fast-tracking IoT-based solutions from November 2019. It characterises COVID-19 as a 'univers...

MAN Energy Solutions has signed a cooperation agreement with DP World (Drydocks World), the globally renowned provider of smart logistics solutions. Effective immediately, the agreement targets common progress in the field of decarbonisation and is scheduled to run for five years, with an option to extend thereafter.   Wayne Jones OBE – Chief Sales Officer, and Gaby Hanna – Senior Vice President and Head of Region – Middle East & Africa, acted as signatories for MAN...

Blue Insight provides an open, modular platform for the processing, visualisation and sharing of ocean data. The core module contains the cloud framework – which has been built to the highest cyber security standards – and an application-specific dashboard teamed with data storage and management functionalities. Additional modules can be added to this framework to tailor Blue Insight’s functionality to suit all projects, however large or small. Key to Blue Insight’s da...

The UK government has selected eight new freeports in England, as a means to boost trade, jobs and investment, across the country. The special taxation and customs rules for the freeports will help businesses develop new facilities and operations, to trade and manufacture goods more cost-effectively, countering the effects of other complications, such as Brexit and COVID-19 pandemic.  Early deliverability of opportunities for new businesses is the key, with Solent Gateway Ltd, at Marchwood...

Following the launch of Neste MY Renewable Diesel™ on the Belgian market in July 2021, Neste has entered a partnership with Q8 to offer the product on seven Q8 stations during the year. Neste MY Renewable Diesel is a premium diesel made entirely from renewable raw materials. It helps reduce greenhouse gas (GHG) emissions by up to 90% when emissions over the fuel's life cycle are compared with fossil diesel. Renewable diesel is a “drop-in” fuel, fully compatible with all d...

Satcom Direct (SD) has confirmed the successful functioning of the Plane Simple™ Antenna System during a series of transatlantic and European validation flights. In more than sixteen hours of testing amassed during a three-day mission, the tail-mounted, Ku-band Plane Simple Antenna System demonstrated its compatibility with the Intelsat FlexExec satellite network. Seamless data transmission was supported by the SD ecosystem of hardware, software, and terrestrial infrastructure, as it deli...

Babcock is pleased to have finalised the contract with the UK Ministry of Defense to continue the support spanning UK naval base operations at HMNB Clyde and HMNB Devonport, alongside UK submarine and surface ship fleet support.  The Future Maritime Support Programme (FMSP) is worth around £3.5bn and will run until March 2026, replacing the previous Maritime Support Delivery Framework (MSDF). This complex contract reinforces Babcock’s position as a foremost naval business wit...

Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...

Maersk Kanoo, UAE (part of A.P. Moller - Maersk) has partnered with Danish Pavilion for Expo 2020 Dubai that opens its gates next month. Maersk will be present at the Danish Pavilion, throughout the six months of Expo 2020 Dubai, to welcome and interact with the visiting customers, and businesses that are curious to know more on how Maersk transports goods around the world. Expo 2020 Dubai Expo 2020 Dubai revolves around three key themes – mobility, sustainability and opportunity. Maersk...

Wrsit's logistics branch in Copenhagen has launched its new and groundbreaking forwarding platform. It is based on the latest within Cloud Technology, setting new standards for the future of forwarding business in Wrist. The online portal is developed to meet the current and future needs of customers, supporting the demand for a higher level of digitalisation. Automatic real-time tracking and complete transparency Log on to Wrist's logistics customer portal, where users can follow orders with...

From the 2023 season onwards, cruise ships will be able to call at the Port of Aarhus, connect to shore power and keep their engines running on electricity while the ship is docked in the Port. This will eliminate pollution from ships while they are stationed in Aarhus. The decision to invest in a shore power facility should be seen as part of the Port of Aarhus’ wider sustainability strategy which aims to make the Port the most sustainable in the Baltic Region. Attracting shipping compa...

Globally renowned container logistics company, A.P. Moller - Maersk (Maersk) signed an agreement, on Monday, September 27, 2021, to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), which is headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange, and Hong Kong Stock Exchange. Maersk Container Industry (MCI) will become part of a market renowned company in the container equipment industry. CIMC will take over...

Stena Line is to continue its expansion on the Baltic Sea during 2022, increasing both freight- and passenger capacity. The Swedish family-owned ferry company announces that they will deploy their two new 240-metre-long fuel-efficient E-Flexer ferries, on the Nynäshamn-Ventspils in 2022. Stena Line also announces plans to increase the capacity on the Karlskrona-Gdynia route with the deployment of the two large and modern ferries Stena Scandica and Stena Baltica. Freight and passenger capa...

Classification society DNV has introduced the new Abate class notation, designed to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions. Altera Infrastructure is the first FPSO owner to pilot the DNV notation on the Petrojarl Knarr FPSO, with successful results so far. Decarbonisation The maritime industry is eager to investigate how they can improve the sustainability of their installations The Intern...

IMCO Group, a defence provider of comprehensive solutions for air, ground, and naval applications announced the acquisition of the assets and activities of Innocon Ltd., an innovative Israeli developer and manufacturer of Micro, Mini and Tactical unmanned aerial systems as well as mission systems for manned light airplanes. IMCO Group acquires Innocon’s assets and activities through one of its subsidiaries who, among other activities, provides unprecedented aerial and aviation capabilitie...

Sustainable transport solutions will open up a greener Blue Water. That is why BWS has welcomed Per Jakobsen, who will contribute to the green transition through innovative solutions, internal development, and close collaboration with external climate partners. Creating green solutions “I am looking forward to creating green solutions which are both easily available as well as easier to see through, making the value visible for our clients and their clients," says Per Jakobsen, who...

The Organising Committee of the Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced that it renewed sponsorship contract with MBDA, the world’s renowned developer of missile systems, will be the Gold Sponsor of the event for the seventh time. DIMDEX 2022 DIMDEX 2022 will take place under the theme ‘Connecting the World's Maritime Defence and Security Community’. Commenting on this occasion, High Excellency Chief of Staff of Qatari Armed Force...

With almost 90 percent of the global trade being ocean shipping, efficient and environmentally friendly passenger and freight transport by sea is crucial to achieving the climate goals. The ferry operator - Stena Line, Frederikshavn Municipality, and the Port of Frederikshavn have signed an agreement aiming to accelerate the transformation of the transport sector by deploying two battery-powered Stena Elektra ferries on the Gothenburg-Frederikshavn route by 2030 and making the necessary investm...

Survival technology provider - Survitec has unveiled a new range of defence-grade life preservers designed specifically to improve the safety of military aircrews. Launched during London’s DSEI 2021 exposition, the three new lifejackets form part of Survitec’s newly created AirPEX (Aircrew Protection Extreme) product portfolio. “The launch of these new life preservers is important to Survitec’s strategic objective of expanding its presence in the military rotary and...

AqualisBraemar LOC Group (ABL Group) has been awarded an innovative research and development (R&D) project, to develop a green hydrogen production barge, under the Clean Maritime Demonstration Competition (CMDC). The Clean Maritime Demonstration Competition (CMDC) is funded by the Department for Transport and delivered in partnership with Innovate UK. ABL Group and Longitude Engineering partnership ABL Group, including group company, Longitude Engineering, will work in a consortium with G...

Cleaner and greener channel crossings are expected in the next decade, as the London International Shipping Week 2021 (LISW 2021) launches, announced the Department for Transport’s, Robert Courts MP, and The Rt. Hon Grant Shapps MP. Highlights include: UK to push for international shipping emissions to reach absolute zero by 2050, Transport Secretary sets out ambitious global 2050 target, as the UK government launches greenest ever International Shipping Week, and Vision of...

BAE Systems, in collaboration with other maritime industry pinoeers, has secured funding from the UK Department of Transport to design, develop and demonstrate exciting new power and propulsion technologies for London, with the potential to reduce emissions across global waterways. Working across two separate projects in the city with Uber Boat by Thames Clippers, a ferry operator and Cory, a waste to energy management company, BAE Systems will use its expertise in providing integrated solutio...

A new study has revealed the significant economic contribution of the maritime industry, contributing more than £56.4 billion per annum. These 2019 figures represent a 19% increase from the last time statistics were produced for the industry in 2017, which put the annual figure at £47.4bn, higher than aviation and rail combined at the time. The preliminary Centre for Economics and Business Research (CEBR) findings, commissioned by Maritime UK, come as global industry leaders conve...

The International Transport Forum (ITF), NITI Aayog and the National Institute for Transforming India have jointly launched the ‘Decarbonising Transport in Emerging Economies’ (DTEE) project in India, on June 24, 2020. The launch, held via a webinar, was inaugurated by International Transport Forum – ITF Secretary - General Young Tae Kim and the Chief Executive Officer (CEO) of NITI Aayog - Amitabh Kant, in the presence of D.S. Mishra, Secretary in the Ministry of Housing and...

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has initiated a feasibility study with TotalEnergies for the development of a liquefied CO2 (LCO2) carrier. By furthering development of technologies, to reduce the volume of CO2 emissions in the oil and gas industry, MHI Group aims to strengthen its businesses, supporting strategic efforts for energy transition. MHI Group is pursuing a range of measures for a decarbonised society and establishing a CO2 ecosys...

As the global maritime industry looks back on a hugely challenging year for seafarers, four major maritime charities will come together at Inmarsat, to explore how technology will shape the future for seafarers’ welfare. The Mission to Seafarers, in collaboration with The Seafarers’ Charity, Stella Maris and Sailors’ Society, will be fielding their CEOs, on each of the four panels. Promoting Seafarers welfare This half-day afternoon conference, ‘Meeting the needs of se...