Efficiency - News

Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners, announces that it has entered into agreements for the construction of three high-specification 85,000 dwt ECO-type dual-fuel Kamsarmax vessels, which will be equipped with the latest and most efficient propulsion system. Additionally, the Company announces the sale of two Ultramax vessels, Golden Cecilie and Golden Cathrine. Seven newbuilding vessels The newbuilding vessels will have the same specificatio...

The Valencia Container Freight Index (VCFI) for June 2022 has broken its upward trend with a decrease of -2.19% compared to the previous month. Since July 2020, when it fell by 2.72%, the trend has been one of constant growth (except for February 2022 with -0.19%). The Index stands at 4,647.32 points, accumulating a growth of 364.73% since the beginning of the series in 2018. As for the different areas that make up the VCFI, the general trend has been downward, with the Central America and Car...

HMM announces that it has acquired ISO 45001, internationally-recognized certification in the field of safety and health management, from the Korean Register (KR).    ISO 45001 is the first international standard for safety and health management systems, established in 2018 by the International Organization for Standardization (ISO). HMM has demonstrated its comprehensive efforts and organisational capabilities by preventing risk factors and industrial accidents in the workplace. ...

International Maritime Organization (IMO) representatives at the United Nations Ocean Conference 2022 in Lisbon, Portugal (from June 27 to July 1, 2022) have highlighted the IMO’s ongoing commitment to preserving the world’s ocean and combating climate change. IMO Secretary-General Kitack Lim emphasized shipping’s truly international nature. He said, “The ocean truly sustains us all, and the maritime sector connects us all. A greener, resilient maritime sector is essenti...

Hanseaticsoft, part of Lloyd's Register’s Maritime Performance Services division, a global provider of ship management software and Kaiko Systems, a renowned provider of a user-friendly data collection and analysis tool, have announced that they will be integrating their systems to ease technical management and increase collaboration between vessels and staff on shore. Hanseaticsoft offers a cloud-based management system for shipping and ship management companies, Cloud Fleet Manager (CFM...

The company Zeleros presented this morning in the Port of Sagunto its SELF (Sustainable Electric Freight-forwarder) project to develop its sustainable container movement system based on the hyperloop initiative, which will have a test track located in the Sagunto area. The event was attended by the president of the Port Authority of Valencia (PAV), Aurelio Martinez, the mayor of Sagunto, Dario Morena, and the CEO of Zeleros, David Pistoni. Innovation and sustainability The president of Vale...

Marine Resources is partnering with Premier Marinas to attract the next generation of talent into short-term and permanent roles. Premier Marinas own and operate ten marinas, along the South Coast and has a wide range of job roles and career options on offer for those excited to gain a foothold in this thriving sector. "We absolutely love working with leading brands here at Marine Resources and Premier Marinas is just that” said James Ward, the Chief Executive Officer (CEO) and Founder of...

Tokyo-based Classification Society - ClassNK has released the latest ‘ClassNK Technical Journal’, which has been published for contributing to the development of the maritime industry, through the outcome of R&D (Research & Development) and technical activities. ClassNK Technical Journal The latest issue ‘ClassNK Technical Journal No.5 2022 (I)’ focuses on ‘Zero-Emission Ships’, including efforts of the planning and design of next-generation greener...

Classification society DNV presented Arcadia Shipmanagement Co Ltd. with a certificate recognising their vessel Aegean Myth as the first vessel globally to have a SEEMP III manual. The Ship Operational Carbon Intensity Plan or SEEMP Part III, is part of IMO’s strategy to reduce shipping’s greenhouse gas (GHG) emissions and a verified SEEMP Part III must be kept on board from 1 January 2023. The SEEMP Part III, or Ship Operational Carbon Intensity Plan, was finalised with the latest...

Together with partners - MPC Container Ships ASA and MPC Capital AG, Topeka has contracted two 1300 TEU carbon neutral container vessels. Both vessels will be delivered in 2024 and immediately move into long-term contracts with North Sea Container Line. Carbon neutral container vessels Benefitting from dramatically reduced emissions, the two new-build ships will replace three of North Sea Container Line’s (NCL) current diesel-powered vessels, which will be phased out of operations. ...

Kongsberg Defence & Aerospace (KONGSBERG) has entered into an agreement to acquire Lithuanian smallsat mission integrator and bus manufacturer - NanoAvionics. The planned acquisition expands KONGSBERG’s space offering to also have products and technology for manufacturing small satellites. NanoAvionics is a globally renowned smallsat mission integrator and bus manufacturer with significant global growth in recent years, including expansions into the United Kingdom and the United State...

Pacific International Lines (PIL) is pleased to announce the award of a contract to Yangzijiang Shipbuilding for the construction of four 8,000 TEU Liquefied Natural Gas (LNG) dual-fuel container vessels. These vessels will each be equipped with an ammonia intermediate ready fuel tank. The four vessels will be delivered progressively in 2025. Contract for 8,000 TEU LNG dual-fuel vessels We have decided to place an order for an additional four 8,000 TEU LNG dual-fuel vessels for two key reas...

The latest Neptune Indicator research shows that the number of seafarers onboard vessels beyond the expiry of their contract has decreased slightly to 4.2% from 4.3% in the last month, while the number of seafarers onboard vessels for over 11 months has remained stable at 0.3%. For the eighth consecutive month, Global Maritime Forum observe little change in the numbers reported, as it confirm the entry into a ‘new normal’. The Neptune Indicator also reports a 2.8 percentage point in...

Orbital Marine Power (Orbital), the renewable energy company focused on the development and global deployment of its pioneering floating tidal turbine technology, has reached a significant operational funding milestone. New investment secured from the Scottish National Investment Bank and individuals via the Abundance Investment platform will finance the ongoing operation of the O2, the company’s 2MW+ floating turbine. These debt facilities will be serviced by the long-term sale of electr...

Tokyo-based Classification Society – ClassNK has released the latest version 2.0.0 of ‘PrimeShip-PSC Intelligence’, a mobile app to assist the improvement of Port State Control (PSC) performance and ship management systems, provided free of charge. ‘PrimeShip-PSC Intelligence’ app Based on the database of PSC reports inputted by ship managers, ship owners and ClassNK, ‘PrimeShip-PSC Intelligence’ mobile app provides various functions, in order to help...

The Clock Building of the Port of Valencia will host next Wednesday 6 July the conference ‘Short Sea Shipping in the Port of Valencia: A competitive, innovative and environmentally responsible option’ in which experts from the maritime-port sector will analyse the logistical and environmental benefits of short sea shipping. The event is organised by the Spanish Association for the Promotion of Short Sea Shipping SPC Spain in collaboration with the Port Authority of Valencia (PAV)....

The WESMAR HD860 runs in two different modes; a narrow beam searches long-range in searchlight fashion or a wide beam to bottom type the sea floor ahead. It’s a dramatic and very effective tool for fishing, being deployed with high success by captains in Dutch Harbor, Washington, Oregon, and California coasts, and as far south as Mexico.  Fishing vessels “The HD860 is just one of the money-making pieces of gear for vessel owners that we’ll be demonstrating,” said...

One of Orbital’s key objectives is reducing carbon emissions by harnessing an entirely untapped source of renewable energy. In doing so, the company aim to help restore oceans after what has been a disastrous decline in species and ocean health over the past two centuries. UK is fortunate that it has a well-established environmental licensing framework for the deployment of tidal turbines in the marine environment, which has led to extensive environmental characterisation and monitoring o...

A global pandemic, the war in Europe since 1945, rising temperatures caused by climate change, and severe disruptions to global supply chains have created new uncertainties for the maritime sector. The Global Maritime Forum’s Annual Summit will bring together top decision-makers, thought providers, and experts from across the maritime spectrum and beyond, to make sense of what these challenges mean for the maritime industry and to collectively identify ways in which they can take action t...

The Board of Directors of Pacific International Lines (PIL) is pleased to announce the appointment of Mr. Lars Kastrup as the new Chief Executive Officer (CEO) of PIL, effective from 1 July, 2022. As the new Chief Executive Officer (CEO) of Pacific International Lines, Lars Kastrup is responsible for leading PIL’s continued growth and development, including its sustainability transformation path towards net zero carbon emissions. Industry veteran appointed Chief Executive Officer (CEO)...

The Port of Valencia has welcomed the Iacobus Maris fleet, the sailing ships taking part in the longest maritime Xacobean route in history, which departed from the port of Genoa bound for Galicia. The President of the Port Authority of Valencia (PAV), Aurelio Martinez, has held a meeting with the honorary consul of Italy, Adriano Carbone to coordinate the presence of the fleet that will remain in the Port of Valencia until Sunday. Lacobus Maris Route The Iacobus Maris Route commemorates the j...

As plans emerge that Maritime UK (MUK) is to support several potential stakeholders to establish a South East regional cluster organisation reportedly led by Dieter Jaenicke, Viking Maritime Group, they do welcome the continued emergence of MUK as a single leadership association for the maritime sector, as it strives to act as a conduit for bringing coherent sector support and reduced bureaucracy to add weight to arguments for infrastructure improvements and destination making, to stimulate econ...

The international marine specialist recruitment company - Marine Resources (Marine Resources Recruitment Ltd) have joined forces with the former President of the Chicago-based National Marine Manufacturers Association (NMMA), Dr. Thomas Dammrich and the former Editor and Owner of International Boat Industry magazine - Nick Hopkinson. This partnership aims to offer businesses in the leisure marine industry assistance with identifying and recruiting key management personnel. Bespoke head-hunting...

The Normal Amsterdam Water Level (NAP) has been used as the basis for Vessel Traffic Services in the port of Rotterdam for approximately 200 years now. On 1 July, 2022, the Port of Rotterdam Authority will abandon the Normal Amsterdam Water Level (NAP) in shipping communication. Effective from July 1, 2022, the Port of Rotterdam Authority will use the Approximate Lowest Astronomical Tide (ALAT) as a reference for water depths and water levels in the admission policy. Internationally,...

Nor-Shipping 2023, which is scheduled to take place from June 6 to June 9, 2023, looks set to build on the success of Nor-Shipping 2022 event, with strong early sales and commitments from numerous national pavilions to return to the exhibiting fold. A total of 14 countries have so far secured dedicated pavilions to showcase local expertise, including Singapore and Japan at Nor-Shipping 2023 exhibition. In addition, individual organisations, such as Siemens, ABB, DNV (with two stands), NCE Marit...

In early June 2022, representatives of shipping companies and Customs authorities from across the globe came together, in order to discuss ways to step up the fight against drug trafficking. The Conference was organised by the World Shipping Council (WSC) and the Container Control Programme (CCP), which is a joint initiative between the UN Office on Drugs and Crime (UNODC) and the World Customs Organization (WCO). UNODC 2021 World Drug Report According to the UNODC 2021 World Drug Report, aro...

It’s been another bumper month for long-term contracted ocean freight rates, as the cost of securing container shipments climbed by 10.1% in June 2022. Following on the heels of a record 30.1% hike in May 2022, this now means rates stand 169.8% higher than this time in 2021, with just two months of declines in the last 18 months. Despite a degree of macro-economic uncertainty clouding the horizon, all major trades saw prices moving up, with some corridors showing significant gains. Xenet...

Nauti-craft technology is not only making waves (well actually, quite the opposite!) here in Australia, but is also being developed in some exciting projects overseas. In Wilhelmshaven, a seaside town on the Jade Bight on Germany’s North Sea coast, nauti-craft technology will soon be put to work onboard the WB18, a collaborative project between nauti-craft and German boat-building company, Wallaby Boats. The 18m vessel will fill the role of pilot vessel at the port of Wilhelmshaven, ensur...

The Federal Republic of Nigeria has signed an Exchange of Note(E/N) with the Japanese Government for an Economic and Social Development Programme involving the acquisition of a High-Speed Boat to reinforce services for coastal security in Nigeria, with the Nigerian Maritime Administration and Safety Agency, NIMASA, as the implementing partner. The Honourable Minister of State Federal Ministry of Budget and National Planning, Prince Clem Agba signed on behalf of Nigeria, while the Ambassador Ext...

On 29 June 2022, the ceremony for the naming and delivery of CULINES container newbuilding - CUL YANGPU & the signing of the strategic cooperation memorandum on Shipping Industry Fund was held at Huangpu Wenchong Shipbuilding in Nansha, Guangzhou, China. Huiming Xiang (Chairman at Huangpu Wenchong Shipbuilding), Kevin Ding (EVP at CULIES), Huiyu Wu (Part Committee Secretary & Chairman at Hainan Financial Holdings), and Jianmin Wang (Port & Shipping COO, Administration Committee of Y...