Efficiency - News

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...

Ocean Infinity, the next-generation marine robotics company announces that it has completed its project with Total E&P in Angola, one of the main branches of Total, a major energy player worldwide. Maximising sub-sea survey operations The project was the first time that geophysical, geotechnical, and seismic data has been gathered at the same time. This was achieved through simultaneous operations of Ocean Infinity’s state-of-the-art Autonomous Underwater Vehicles (AUVs) wi...

Ocean Infinity, the next-generation marine robotics company announces that it has completed its project with Total E&P in Angola, one of the main branches of Total, a major energy player worldwide. Maximising sub-sea survey operations The project was the first time that geophysical, geotechnical, and seismic data has been gathered at the same time. This was achieved through simultaneous operations of Ocean Infinity’s state-of-the-art Autonomous Underwater Vehicles (AUVs) wi...

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...

For more than 40 years, HAUG compressors have stood for the best and safest oxygen compressors on the market. For the compression of pure oxygen, oil-free compressors are essential. Due to the high flammability and oxidizing properties of oxygen, it is also important during the production process that the machines are manufactured in an absolutely clean environment. With the experience and specialist knowledge, we are the right partner for individual oxygen solutions.

For more than 40 years, HAUG compressors have stood for the best and safest oxygen compressors on the market. For the compression of pure oxygen, oil-free compressors are essential. Due to the high flammability and oxidizing properties of oxygen, it is also important during the production process that the machines are manufactured in an absolutely clean environment. With the experience and specialist knowledge, we are the right partner for individual oxygen solutions.

Sauer Compressors offers a full range of high-pressure compressors which are ideally suited for professional breathing air application even in continuous operation. In addition to breathing air systems for governmental customers and navies, Sauer also offers individual solutions for professional diving companies and offshore service providers. Based on the robust Sauer high-pressure compressors, Sauer also supplies complete breathing air solutions including breathing air filtration and filling...

Sauer Compressors offers a full range of high-pressure compressors which are ideally suited for professional breathing air application even in continuous operation. In addition to breathing air systems for governmental customers and navies, Sauer also offers individual solutions for professional diving companies and offshore service providers. Based on the robust Sauer high-pressure compressors, Sauer also supplies complete breathing air solutions including breathing air filtration and filling...

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...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

A.P. Moller - Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company. The facility refinances the undrawn $5.1bn facilities maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve. Financia...

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...

The members of the Alliance, Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express, and Yang Ming announced updated details of the 2020 Service Network, focusing on the Asia-Middle East trade lane. The Alliance will introduce three newly organised express loops from early April and these services will provide higher frequency, direct and expanded coverage, and the fastest connection from the respective regions. Asia and the Middle East AG1 Ningbo – Kaohsiung – Xiamen &ndas...

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...

Allweiler launches the next-generation AEB-DE progressing cavity pump series of four pump sizes that share one installation footprint and are capable of bi-directional flow. Combining proven features from two dosing pump ranges with newly optimised rotor and stator geometrics, Allweiler customers benefit from the utmost in accurate dosing of high viscosity and particulate-filled fluids in one compact, versatile series. Standardising process made simpler In addition to simplifying pump selecti...

As part of Pacific International Lines’ (PIL) continuous effort to optimise its network efficiency, the company will be withdrawing its services from the Transpacific market. As a result of this service re-alignment, PIL’s last Transpacific sailing will be in March 2020. Strategic decision The Company has taken this decision as part of a wider strategic review of its business. Henceforth, PIL will focus on further strengthening its position in the North-South Trade such as Africa,...

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...

ClassNK has just released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.7.0.0, developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). The new version incorporates the latest rule amendments to CSR BC & OT including amendments based on feedback from the industry.In addition to the incorporation of the latest rule amendments, various functions were also added or improved in the PrimeShip-HULL (HCSR) presc...

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 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...

Allweiler, a business unit of CIRCOR, will exhibit at the Pumps & Valves trade fair in Dortmund, Germany February 12th and 13th 2020 (Hall 6, Booth R19-6). Highlights of their exhibit will be the new AEB-DE dosing pump with an extremely flexible and space-saving design as well as OptiFix™, a next-generation progressing cavity pump, designed to reduce service costs. Allweiler's team of experts will demonstrate its functionality by guiding visitors through five easy steps to dismantle t...

Bolstering their joint commitment to the development of a secure national maritime infrastructure, the organizing committee of Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced Qatar Ports Management Company (Mwani Qatar) as a ‘Silver Sponsor’ for its seventh edition, which will return to the Qatar National Convention Centre (QNCC) in less than 100 days. DIMDEX 2020 will be held under the patronage of HH Sheikh Tamim bin Hamad Al Thani, Amir of the...

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...

Ocean Network Express (ONE) announces details of the new Korea Haiphong Express (KHX) service. Connecting North Vietnam, South Korea, and South China, the new KHX service offers improved service coverage and comprehensive port connections for ONE’s valued customers. The KHX service, which will be the first within ONE’s network to call Incheon, will provide shippers direct and fast coverage from North Vietnam to South Korea and South China to Incheon. The KHX service coverage, an ad...