Blue economy - News
HMM announced that the company has decided to stop using the name ‘Hyundai Merchant Marine’ as its official corporate name and brand, starting on 1 April 2020. The decision was approved at the 44th Annual Shareholders Meeting of the company, which was held at HMM headquarters, in Seoul, South Korea, on 27 March. The name ‘Hyundai Merchant Marine’ has been used for 37 years, since the company changed its name from the ‘Asia Merchant Marine’ in 1983. ‘HMM...
The International Transport Forum (ITF) has announced the postponement of the ITF 2020 Summit, which was earlier scheduled to take place from May 27 to May 29, 2020. ITF 2020 Summit postponed The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany, under the theme of ‘Transport Innovation for Sustainable Development&rsq...
Provided by Zurich, this new service will offer customers the synergy of world-class logistics and insurance solutions. Maersk has teamed up with Zurich Insurance Plc (Zurich) to bring Maersk Cargo Insurance, a product to protect customer’s goods against physical loss or damage. A customers’ cargo can be exposed to various risks while in transit and Maersk Cargo Insurance covers goods from the time they are first moved for loading until the completion of unloading at destination, fr...
On the afternoon of December 3, 2020, the China Shipping 50 Forum, acclaimed as a think tank in the shipping industry, held its 7th annual meeting in Qingdao. As a member of the Forum, Chairman of CULines Raymond Chen attended the meeting upon invitation. Guest attending the event The event gathered top-class experts and scholars from the port and shipping logistics sector The event gathered top-class experts and scholars from the port and shipping logistics sector, senior executives at...
FESCO Transportation Group announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020. Maxim Sakharov, previously Vice President for Finance, will replace Aleksandrs Isurins who is stepping down as the Group’s President on the same date. Authority comment “On behalf of the Board of Directors, I want to thank Aleksandrs Isurins. During the time he served as the President, he implemented a number of strategic projects, restructured public debt...
Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...
Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...
Following the cancellation of a number of global events, including the Mobile World Conference in Spain, ITB in Germany and the Geneva International Auto Show, the DIMDEX 2020 organising committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. DIMDEX 2020 event cancelled After extensive consideration, the DIMDEX 2020 organising committee has made the difficult decision to cancel the Doha International Maritime Defenc...
In fulfilling its mission to provide the most optimised service to its customers, Evergreen Marine Corporation (Evergreen Line) has launched ‘GreenX’ platform. Responding to the need for greater efficiencies through digitalisation, GreenX allows customers to enjoy seamless booking capabilities, in addition to direct access to integrated trade services. GreenX digital platform GreenX has received nearly two thousands of sign-ups via this one-stop digital platform GreenX provides a...
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 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...
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...
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 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...
Inmarsat, the renowned company in global, mobile satellite communications, has launched a new video to demonstrate the potential of high-speed, always-on satellite connectivity, to revolutionise the use of digital technologies and remote access solutions onboard superyachts and ocean racing yachts. Remote connectivity solutions onboard yachts Yachts equipped with global, reliable satellite connectivity have access to a variety of cutting-edge applications Offering unique insight into the late...
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...
Marintec China 2019, organised by Informa Markets and the Shanghai Society of Naval Architects & Marine Engineers (SSNAME), the most influential and Asia largest maritime exhibition will be held from 3 to 6 December in Shanghai. 2019 marks a milestone for the 40th anniversary of Marintec China as well as the reform of the China shipbuilding industry over the past 40 years. Promoting Chinese and global maritime industry For 40 years, Marintec China progresses hand in hand with China's ship...
Vietnam’s sea transport sector continues to achieve steady growth, with goods transported by the country’s fleet reaching more than 81 million tons in the first half of 2019, a year-on-year increase of 16 per cent. Statistics from Vietnam Maritime Administration also indicated that in the same period, Vietnam’s ports handled 308.8 million tons of goods, up 13 per cent year-on-year. Changing tides in the global economy could further fuel this growth. Striving to become a mariti...
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...
Alfa Laval PureSOx Water Cleaning System (WCS) gives customers the option of scrubbing in closed-loop, either by choosing a fully-equipped hybrid system or by installing a hybrid-ready system, which can be upgraded for closed-loop operation later. PureSOx water cleaning system The local bans on open-loop scrubbing have intensified the interest in hybrid scrubber solutions With the launch of a modular new PureSOx water cleaning system by Alfa Laval, these possibilities become even more attract...
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...
West Coast Marine announces that they are the authorised distributors of Cox Marine diesel outboard engines in India. Cox Marine is a British designer and builder of diesel engines developed for worldwide and multi-market applications. Cox’s first ground-breaking diesel outboard engine, the CXO300, is the highest power density diesel outboard engine ever developed. As a low weight, high power, single fuel engine, the CXO300 delivers the same performance and efficiency as an inboard but wi...
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...
Members of THE Alliance, Ocean Network Express (ONE), Hapag-Lloyd, and Yang Ming announced a fourth member, Hyundai Merchant Marine (HMM), a South Korean container liner shipping company to join The Alliance as a full member. Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030. The actions were agreed in Taipei on 19 June 2019. Subject to the necessary regulatory approvals, the new contract between the four lines wil...
The HMM vessel ‘Hyundai Dubai’ rescued all 23 crew members of the Norwegian tanker ‘Front Altair’ which encountered an explosion accident in the Strait of Hormuz. According to the ‘Hyundai Dubai’, the three rounds of explosion occurred at 06:40 a.m. and the captain of the ‘Front Altair’ sent the distress signal with urgency to ‘Hyundai Dubai’, which was passing nearby. In response, ‘Hyundai Dubai’ safely rescued all 23 cr...
