Digital transformation - News

Kongsberg Maritime announces its new designed freezer trawler, Ilivileq is ready to commence service in the Arctic waters

The latest vessel of Kongsberg Maritime design to enter service, an 81.80m NVC 375 WP freezer trawler named Ilivileq, has just been delivered to its working domain in the Arctic waters. Ilivileq, freezer trawler Ilivileq typifies the principles upon which the NVC range was conceived, combining an economical and environmentally beneficial foundation of low emissions and fuel-efficient operation, with a freeboard of optimal height, in order to ensure crew safety, teamed with modern, responsible...

Kongsberg Digital signs agreement for real-time software services worth USD 25 million

Kongsberg Digital has signed a MUSD 25 agreement for the delivery of real-time data aggregation and visualisation software, and various domain specific services for a major energy company. The agreement includes an upside potential of up to MUSD 5, over the next five years, should the customer decide to expand delivery to all installations. Software services The agreement is covering a portfolio of software services for data aggregation, visualisation and decision support. These services are...

First quarter trading update: Results in line with expectations

SBM Offshore CEO Bruno Chabas commented: “SBM Offshore delivered a good set of results during the first quarter of 2020, in line with expectations. The Company’s results, dividend track record and completed share repurchase exemplify SBM Offshore’s robust business model. At the same time, SBM Offshore is also impacted by the combined demand and supply crises in the oil and gas market and is taking measures to evolve and adapt with the uncertain dynamic market conditions."...

A.P. Moller - Maersk continues to grow profitability while safeguarding global supply chains

A.P. Moller - Maersk. had a financially strong start to the year. Despite the COVID-19 pandemic’s profound impact on global trade the company kept the momentum in its strategic transformation and demonstrated robustness to weather the crisis.  First-quarter results  “In the first quarter of the year, A.P. Moller - Maersk again delivered profitable growth. Operating earnings increased by 23% year-on-year, and cash return on invested capital increased by 3.5 percentage po...

K-CAT digital competence and assessment tool successfully supports Siem Offshore

Kongsberg Maritime is pleased to report that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the region of 700,000NOK. Innovative digital tool An innovative digital tool that enables personnel assessments to be carried out online, K-CAT’s abilities range from pre-employment evaluation through to crew competence verification. It is availabl...

Kongsberg achieves growth despite times of global uncertainty

The order backlog remained high and the cash flow was solid as a result of both a strong positive contribution from the operations and the sale of underwater technology company Hydroid. The financial effect of the COVID-19 pandemic was limited in the first quarter. However, the situation is creating increased market uncertainty going forward, especially in the maritime industry. WEBCAST: Recording of online presentation of KONGSBERG's 1st quarter 2020  Key figures: The order intak...

KONGSBERG ranks on second place among engineering students according to the survey by Universum

The recruitment company Universum conducts an annual student survey at 26 Norwegian educational institutions. More than 13,000 students have been asked to rank different companies by attractiveness. KONGSBERG is ranked on second place among engineering students, beaten only by Equinor who has topped the list for a number of years. When female engineering students are asked to pitch their preferred employers, KONGSBERG comes in 10th place, up two places from last year. Increasing support among...

Agreement between Blue Water Shipping and SAS Cargo will open for direct air freight between Europe and China

There is a heavy demand for air freight to and from China. However, due to the COVID-19 situation, almost all ordinary air traffic has come to a standstill, complicating the transport for European companies – for both import and export. Consequently, the present air freight capacity is not able to fulfil the demand from the European trade and industry. Blue Water has therefore made a charter-agreement with SAS Cargo for a regular scheduled service with two weekly departures between Europe...

ClassNK grants AiP to Imabari Shipbuilding Co., Ltd. for their concept design of 180,000 DWT LPG dual fuelled bulk carrier

Tokyo – Leading Classification Society, ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co., Ltd., for their concept design of a 180,000 DWT LPG dual fuelled bulk carrier, developed in cooperation with Mitsubishi Shipbuilding Co., Ltd. Approval in Principle (AiP) The AiP was granted to the concept design, based on ClassNK’s Guidelines for Ships Using Low-Flashpoint Fuels and its Rule Part GF (regulation for ships using low-flashpoint fuels), incorporating...

Maersk improves inventory availability in a volatile supply chain

In this webinar on ‘Improving inventory availability in a volatile supply chain’ hosted by MIT University and delivered by Dr. Erez Agmoni, Head of Supply Chain Warehousing and Distribution, North America at Maersk, on 7 April 2020, we discussed how Maersk and its customers can ensure their supply chains are kept moving and improving even during volatile times. Webinar Agenda Reasons for supply chain volatility How to prepare for supply chain disruptions Innovational approaches...

FESCO vessel finished the Antarctic expedition 2020 delivering cargo to research stations

FESCO Transportation Group’s (‘FESCO’) diesel motor vessel - Vasiliy Golovnin successfully finished the Antarctic expedition of 2020. The vessel delivered cargoes for two Indian and one Belgian research stations. The expedition lasted for three and a half months; the vessel returned to the port of Cape Town (South Africa) on 10 April 2020. Vasiliy Golovnin delivers various cargoes The vessel - Vasiliy Golovnin under the command of Captain Iksan Yusupov delivered 1382 to...

A.P. Moller - Maersk announces the launch of its cold store facility in St. Petersburg in Russia

After only 9 months post the construction began in June 2019, the chilled capabilities of A.P. Moller - Maersk’s own cold store facility in St. Petersburg, Russia, are operational, addressing the needs of a high-demand Russian market. In the near future, the St. Petersburg cold store facility will also offer freezing capabilities in a separate storage chamber for frozen produce (-25°C). Maersk’s cold store facility in St. Petersburg The first container to arrive at the new war...

SBM Offshore adapts to business during pandemic

As the COVID-19 pandemic continues across the globe, SBM Offshore has been adapting to this unprecedented situation, protecting its workforce and putting in place business continuity measures. SBM Offshore’s priority remains the health and safety of its staff, contractors and their families, ensuring safe operations across the Company’s activities at the same time. A dedicated task force continues to monitor the situation at all Company locations across the globe, on a daily basis....

‘Hyundai Merchant Marine’ rebrands as ‘HMM’

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...

International Transport Forum (ITF) postpones the ITF 2020 Summit due to COVID-19 pandemic

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...

ClassNK completes joint feasibility study on 3D model with JMU and NAPA as a part of technical investigation project

Classification Society ClassNK, Japan Marine United (JMU), and NAPA have completed a joint feasibility study on 3D model-based plan approval using 3D CAD models as part of their technical investigation project. Shipbuilding designs are gradually transitioning from 2D drawings to those designed with 3D CAD software. Classification societies, whose plan approvals are currently based mostly on 2D drawings, are also required to develop a scheme for 3D CAD models from their submission to their exami...

CULines attends 7th annual meeting of 'China Shipping 50 People Forum' and pays survey visit to Qingdao

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...

Satcom Direct enhances data visibility for aviation

Satcom Direct (SD), the business aviation solutions provider, is showcasing how the intelligent data and communications platform, SD Pro®, improves modern flight operations management via standardised operating procedures and data protocols, at the NBAA Schedulers and Dispatchers Conference, booth 1835. Leveraging elements from its aircraft connectivity services, hardware platforms, and ground network infrastructure, SD is uniquely positioned to create a centralised data management ecosyst...

Doha International Maritime Defence Exhibition And Conference (DIMDEX 2020) Is Cancelled

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...

Doha International Maritime Defence Exhibition And Conference (DIMDEX 2020) Is Cancelled

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...

Doha International Maritime Defence Exhibition and Conference 2020 (DIMDEX 2020) cancelled due to COVID-19 pandemic

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...

Evergreen Marine Corp. (Evergreen Line) launches GreenX, an integrated container logistics solution

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...

ClassNK develops its Digital Grand Design 2030

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...

International defence and security experts to be present at the Middle East Naval Commanders Conference at DIMDEX 2020

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 announces share repurchase

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...

Norwegian Shipowners Association follows the developments of COVID-19 virus spread and its implications for the shipping industry

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...

Ocean Network Express, COSCO, OOCL and Yang Ming to launch new East Mediterranean – America Service (EMA)

Ocean Network Express, COSCO Shipping Lines, OOCL and Yang Ming are to launch a new weekly Transatlantic service, East Mediterranean – America Service (code: EMA) to deliver a more efficient and comprehensive service network. The first commencing voyage is on April 2020 (subject to FMC filing). The EMA service, jointly operated by the four lines, will consist of six Panamax vessels. The port rotation for the weekly service is Mersin – Haifa – Alexandria – Istanbul &ndash...

Unifeeder announces the addition of London Gateway as Hub Port to their UK East Coast port network

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...

DIMDEX’s organising committee holds official diplomat briefing session on hosting the 7th edition of DIMDEX

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...

DIMDEX organising committee welcomes 2020 event sponsors

The Doha International Maritime Defence Exhibition and Conference (DIMDEX) returns in its seventh edition to deliver the latest innovations and technological developments in the sphere of maritime defence and security. Held under the patronage of HH Sheikh Tamim Bin Hamad Al Thani, Amir of the State of Qatar, and hosted and organised by Qatar Armed Forces, the event will take place at the Qatar National Convention Centre (QNCC) between the 16th and 18th of March 2020. Silver and bronze sp...

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