Blue economy - News
A consortium, led by the Global Maritime Forum. and consisting of BHP, Rio Tinto, Oldendorff Carriers, and Star Bulk Carriers Corp., have signed a letter of intent (LOI) to assess the development of an iron ore Green Corridor between Australia and East Asia. To mobilise demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly looking to enable and simplify the task of decarbonising the maritime sec...
The Norwegian Ministry of Climate and Environment has awarded DNV and its partners a contract to develop a roadmap for the introduction of sustainable zero-carbon fuels across the Nordic region. The “Nordic Roadmap” aims to accelerate the transition to zero-carbon fuels by reducing the key barriers to their uptake and creating a platform for cooperation across the region. Working together with DNV on the development of the Nordic Roadmap are Chalmers, IVL, MAN Energy So...
The potential of hydrogen as a clean future fuel is a familiar talking point, but what’s the reality? Ocean Hyway Cluster, a specialist Norwegian trade body, gathers leading players to assess, demystify and enable developments within the maritime field, at The Maritime Hydrogen Conference. This unique conference is split into three main sessions, in order to help navigate hydrogen’s horizon. As such, partnership-based models, infrastructure (from both a shipowner and energy supplier...
The inland shipping department of Alphatron Marine is pleased to be present again at its well-known location, during the Maritime Industry 2022 trade fair (stand L-103). With an eye-catching stand, as Alphatron Marine also presents at other international fairs, the company will show their complete line of navigation and communication equipment for European inland shipping. Maritime Industry 2022 The sales and service team will be happy to provide visitors with information about Alphatron Mari...
SBM Offshore is pleased to announce that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the Yellowtail development project located in the Stabroek Block in Guyana. Construct, install, and operate Under these contracts, SBM Offshore will construct, install, and then lease and operate the ONE GUYANA FPSO for a period of up to two years, after which the FPSO ownership and operation will transfer to EEPGL....
The latest Indicator shows that the number of seafarers onboard vessels beyond the expiry of their contract has decreased slightly from 5% from 4.2% in the last month, while the number of seafarers onboard vessels for over 11 months has remained stable at 0.4%. This is the first decrease in numbers, albeit slight, since December 2021. The Neptune Indicator also reports a 4.4 percentage point increase in seafarer vaccines, from 72.8% in March to 77.2% in April, as seafarer vaccinations have sta...
Kongsberg Maritime (KM) is pleased to announce that it is dividing its industry-renowned propeller systems into three distinct categories, C-Line, P-Line, and X-Line. The idea is to ensure the provision of reliable, safe, high-quality and high-performing propeller solutions, which are adapted to all customer-specific requirements and pricing levels, building upon almost a century of hydrodynamic and engineering expertise. The demarcations are as follows. KONGSBERG Propeller...
Inmarsat, the globally renowned company in global, mobile satellite communications, has published a new decarbonisation report exploring the impact digital technology can make on shipping’s greenhouse gas (GHG) emissions. Compiled by maritime innovation consultancy - Thetius and sponsored by the Inmarsat Research Programme, The Optimal Route – The Why and How of Digital Decarbonisation in Shipping provides evidence that digital optimisation offers a key strategy for owners set on me...
To preserve the unique tastes of different fish & seafood, supply chain journeys must also be unique for each. Whether fresh or frozen, what remains true for all is the need to eliminate multiple handovers, reduce waste, and race against shelf-life. Supply chain integration Integrating the supply chain from port to dock can help to overcome all these challenges. With A.P. Moller - Maersk’s state-of-the-art reefer technology and growing network of cold stores, ensure an unbroken supp...
The latest in-line shaft generator from ABB will enable ship operators to benefit from the efficiency, performance and reliability advantages of permanent magnet technology. The new generator brings flexibility and ease of installation to a wide range of vessels, including bulk carriers, container carriers, liquid natural gas tankers and ferries transporting passengers and cars. Permanent magnet shaft generator The AMZ 1400 permanent magnet shaft generator is optimised for converter control a...
MSC Group (Mediterranean Shipping Company) confirms that it has entered into a share purchase agreement with Bolloré Group, in relation to the 100% acquisition of Bolloré Africa Logistics (including all of Bolloré Group’s shipping, logistics and terminals operations in Africa, as well as its terminal operations in India, Haiti and in Timor-Leste) for a purchase price based on an enterprise value, net of minority interests, of 5.7 billion euros. Acquisition of Bo...
MPC Container Ships ASA (‘MPCC’ or the ‘Company’, and together with its subsidiaries, the ‘Group’) is pleased to announce the following company update. The company update includes the Charter update on existing fleet. The update includes the following: Over the past weeks, MPCC has concluded five additional fixtures, including four multi-year charters at very favourable rates, securing employment up to 2027. The new fixtures add contracted charter revenue...
Atlas Copco has appointed Amanda Billner as its new Media Relations Manager. Amanda Billner has many years of experience from working with communications and media relations. She is currently the Press Manager at Swedbank. Previous positions include Head of Press for Centerpartiet, as well as several positions as a reporter for different Swedish media and the news agency Bloomberg. Amanda Billner has a journalism degree from Stockholm University, Sweden. She will take up her new position in May...
Inmarsat, the globally renowned company in global, mobile satellite communications, has unveiled e-learning technology and service provider, Marine Learning Systems (MLS) as the winner of the inaugural Inmarsat Ferry Open Innovation Challenge, a competition inviting start-ups and SMEs to propose digital solutions that promise to enhance the working lives of ferry crews. Launched in January 2022, in collaboration with the largest ferry operator in Greece, Attica Group, and UK digital consultancy...
André Simha, Global Chief Digital and Innovation Officer, will be attending and speaking at the MarineTech conference which is being held as part of the Singapore Maritime Week (SMW) this April. Themed ‘Transformation for Growth’, SMW 2022 expands on the momentum built up by the industry in taking key steps towards digitalisation, while tackling the urgent issue of climate change. Andre will be part of the highly anticipated keynote dialogue, being held on 5 April, delving in...
Vestdavit aims to make a big splash at Nor-Shipping by showcasing an actual full-size PLR-5000 davit on its corporate stand at the upcoming maritime exhibition in Norway. Normally mounted on the decks of naval or coastguard vessels for launch of smaller craft, the impressive davit with 5000kg lifting capacity is set to have similar pulling power with the expo crowd to that seen in the market as sales of the PLR have surged over the past few years. “This will be the largest-ever davit we...
On March 30th, 2022, SBM Offshore launched its new floating wind energy solution, Float4WindTM. Float4WindTM is the second generation of SBM Offshore’s innovative offshore wind floater technology, a key aspect of the Company’s long-term strategy to support the energy transition. Tension Leg Platform (TLP) design The new and improved version of the Tension Leg Platform (TLP) design, a technology historically utilised in traditional oil & gas production, is ideal for harnessing...
Nor-Shipping is a globally renowned exhibition and event, which is based in Norway. This is where the maritime and ocean industries meet to connect, collaborate and facilitate sustainable success in the ocean space. Taking place every two years, Nor-Shipping operates as a hub for international decision-makers from both the private and public spheres. Nor-Shipping, global maritime exhibition Nor-Shipping is where ship owners and operators mix with politicians, equipment suppliers, NGOs Nor-Sh...
Inmarsat, the pioneer in global, mobile satellite communications, has made its maritime broadband service, Fleet Xpress, available to shipyards. Installed during new building, Fleet Xpress for Shipyards eliminates time-consuming and costly installation works in port, offering owners a pre-fitted very small aperture terminal (VSAT) solution included in the initial cost of the vessel. “Fleet Xpress for Shipyards is a game-changer for shipbuilders and owners alike, streamlining installation,...
Fender Innovations of Wieringerwerf, manufacturers of lightweight fender systems for fast-sailing vessels, has completed a commercially important acquisition. The new partner is PolyMarine Service based in Vlaardingen, manufacturers of cast fender systems for slightly heavier workboats. Both companies will form part of the Fender Innovations Group. For Fender Innovations, this is the first acquisition since the company was founded in May 2012. The company continues to grow and has reported a 25...
Rising COVID-19 cases in China, large-scale fuel stock-outs in Sri Lanka, and developments in Europe, among other global supply chain disruptions, have had an increasing impact on shipping volumes in Quarter 1 of 2022 and have exacerbated port congestion across the world. Demand remains incredibly strong, which continues to put increased pressure on the global supply chains, as capacity is still tied up outside ports in the US, Europe and Asia. Despite the disruptions witnessed across various r...
The initiative will bring together start-ups focused on solving climate and business challenges with a range of investors eager to fund the transition to a sustainable ocean economy. The event, which is open to all, takes place in Nor-Shipping’s dedicated Blue Economy Exhibition Hall in Lillestrøm from 10.00 to 15.00. Katapult Ocean has gathered a range of venture capitalists, angel investors, debt providers, corporate backers and established industry names to create an arena where...
Shipping Innovation – Maritime UK, the Owner and Manager of London International Shipping Week (LISW), the globally renowned maritime industry event, is delighted to announce the appointment of Karen Martin as the new Commercial Director. Karen Martin will be responsible for all sales and commercial activities related to London International Shipping Week (LISW) and will be the point of contact for sponsors and advertisers for the next installment of LISW, scheduled to take place in Septe...
Babcock, the aerospace, defence, and security company, has signed a Memorandum of Understanding (MoU) with one of Korea’s largest shipyards Daewoo Shipbuilding & Marine Engineering (DSME) to collaborate on systems integration programmes for future vessels. This follows the MoU signing between Babcock and Hyundai Heavy Industries (HHI) in June 2021 to focus on the South Korean Navy’s future light aircraft carrier project opportunity, CVX. Ongoing operational support Babco...
Pacific International Lines (PIL) is pleased to introduce a new weekly direct service, connecting the key ports in China, Vietnam, Singapore and India’s East Coast. The new service, known as China Vietnam India Service (CVI), will commence on 22 April 2022 from Ningbo, China. It will be served by a consortium of vessels with an average capacity of 2200 TEUs, jointly deployed by PIL, Regional Container Lines (RCL) and Interasia Lines (IAL). China Vietnam India Service (CVI) The new C...
Classification Society ClassNK has granted its Innovation Endorsement for Products & Solutions to Marlink’s CyberGuard Threat Detection, the service for detecting cyber security threats and help shipowners protect against attacks on IT and OT networks. In July 2020, to promote the spread and development of innovative technologies, the Society launched Innovation Endorsement as a swift certification service in cooperation with technological front runners to establish appropriate evalua...
Following the announcement on November 30, 2021, concerning the signature of the contracts for FPSO Alexandre de Gusmão, SBM Offshore is pleased to announce that it has entered into a shareholder agreement with its long-standing business partners Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK). Ownership interest MC and NYK have acquired a respective 25% and 20% ownership interest in the special purpose companies related to the lease and operation of the FPSO Al...
Crowley has successfully managed the acquisition of the MV Honor, the first vessel acquisition under its contract, in order to help recapitalise a sealift fleet, with the U.S. Maritime Administration (MARAD). With the forthcoming acquisition of the MV Freedom, vehicle carriers are part of the multi-year vessel acquisition and management contract, designed to help recapitalise the U.S. Ready Reserve Force. The acquisitions will enhance the Ready Reserve Force, by increasing ship reliability an...
The U.S. Marine Corps has awarded BAE Systems a contract for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. BAE Systems has received a $34.9 million contract from the U.S. Marine Corps for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. The ACV-R will replace the legacy Assault Amphibious Vehicle recovery variant (AAVR7A1), and will provide direct field support, maintenance, and recovery to the ACV family of vehicles. C...
On March 9, 2022, at a digital ceremony, MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the Memorandum of Understanding is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and digitalisation. MAN Energy Solutions – DNV sign MoU Dr. Uwe Lauber, the Ch...
