Finance - News
From electronics to eels, from medicine to men’s fashion retail, Maersk transports everything. Grey containers stacked neatly atop each other, huge container vessels crossing the vast oceans, and the seven-pointed white star. All these come to mind when one thinks of global container shipping company Maersk. This is Maersk’s legacy, a legacy that is nearly 100 years old. Over the last four years, though, the company has taken a strategic decision to change course. Forward-looking a...
HMM is pleased to announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been built at the Ulsan shipyard of Hyundai Heavy Industries (HHI) and are scheduled to be delivered from this March throughout the second quarter of 2021. HMM Nuri’s deployment HMM Nuri will be deployed on the Far East Europe 4(FE4) route under THE Alliance’s product plan HMM...
In July 2020, two fully functional Maersk containers were skilfully painted with a rainbow to join Maersk’s fleet. On March 11, 2021, they embarked on their World Tour, set to end in Denmark for Copenhagen Pride 2021, stopping at several locations across Asia and Europe on their way. The first part of the journey for the 40 and 20-foot rainbow boxes was aboard the Maersk Edmonton from APM Terminals Pier 400 in Los Angeles to APM Terminals Yokohama in Japan, where they arrived on Mar...
Following the successful maiden voyage of the South China Thailand weekend service (SCT) on March 7, CULines plans to launch the weekday service SCT2 on April 6, 2021. Port Rotation of SCT: Hong Kong – Nansha – Shekou - Laem Chabang –Bangkok – Laem Chabang – Hong Kong Port Rotation of SCT2: Hong Kong – Nansha – Shekou – Bangkok – Lam Chabang - Hong Kong Features: South China Bangkok direct service, two sailings per week. Dedicated...
Yang Ming Marine Transport Corp. (Yang Ming) held a naming ceremony for its 2,800 TEU class full container vessel, YM Constancy, at CSBC’s Kaohsiung shipyard on March 19th. The ceremony was officiated jointly by Yang Ming Chairman Cheng Cheng-Mount and CSBC Corporation Chairman Cheng Wen-Lon. Mrs. Ho Shu-Ping, Director General of the Department of Navigation and Aviation, Ministry of Transportation and Communications was invited to officially name the ship during the ceremony and wished t...
MAN Energy Solutions has demonstrated its latest low-speed, dual-fuel engine – a MAN B&W ME-GA type designed for LNG/fuel-oil running – at a ceremony live-streamed from its Copenhagen Research Centre. The new engine is an Otto-cycle variant of the company’s successful ME-GI engine. As its pre-mixed combustion results in low NOx emissions, the ME-GA engine is inherently Tier II and Tier III compliant in gas-operation mode. To fully utilise its dual-fuel potential in Tier II...
Global Shipping Business Network (GSBN) has incorporated in Hong Kong after securing the requisite regulatory approvals across multiple jurisdictions and has officially started its operations to help accelerate the Digital Transformation of the Shipping industry. GSBN has been established on a not-for-profit basis to enable stakeholders involved in global trade to increase delivery reliability, streamline operations, and embrace digital transformation. Its shareholders are comprised of major g...
Survitec has announced that it has signed an intent to purchase Hansen Protection AS, a renowned European provider of specialist survival suits and protective equipment. Ron Krisanda, the Executive Chairman at Survitec Group, commented: ‘’Hansen Protection has a reputation for consistently delivering excellent products and services. The coming together of our two businesses, through a combination of our people, products, technology and wide-reaching footprint, will bring added value...
The Seafarers’ Charity has announced the appointment of two additional Trustees to the Charity’s General Council. Nusrat Ghani, Member of Parliament, and Rear Admiral Iain Lower MA, AFNI, were selected following an open recruitment process and join the Charity at an important time. The Seafarers’ Charity recently rebranded from ‘Seafarers UK’ and is beginning the implementation of a new results-driven strategy and focusing on significantly increasing fundraising re...
Launched in 2018, Edda Wind owns and operates service vessels, which support the maintenance work conducted, during the commissioning and operation of offshore wind parks. “The Wilhelmsen group’s strategy is very clear, which is to further expand into renewables, by working together with partners and leveraging our expertise and assets. So, finding an opportunity like this, to work with Østensjø and invest in Edda Wind, a growing company, rapidly expanding its fleet wi...
Golden Ocean Group Limited Ltd announces that Marius Hermansen has resigned as a Director of the Company. Mr. Hermansen has served as a Director since September 2019. The Board would like to thank Mr. Hermansen for his contribution and wishes him well in his future pursuits. Larsen’s experience The Board is pleased to announce that Mr. Bjørn Tore Larsen will replace Mr. Hermansen. Mr. Larsen is currently the Chairman of the OSM Maritime Group, a world-leading ship management comp...
Blue Water has completed two challenging shipments for a new build project for a good client. The scope included road transport from the factory to the port of shipment in Spain, sea freight to China, and road transport to the Chinese shipyard. The 24 units weighing 42 tonnes each and measuring more than 14 metres in length were safely transported, and the BWS team ensured compliance with the COVID-19 restrictions in the ports in Spain and China as well as during the entire transport process....
Braskem inks new Lead Logistics and Hub-in-Transit contract with A.P. Moller – Maersk & PSA Corporation Ltd. Establishing a strategic partnership, the parties highlight their joint commitment to responsible logistics based on continuous supply chain transformation and innovation. Braskem, the largest biopolymers producer in the world, announced the signing of a logistics agreement with A.P. Moller – Maersk & PSA Corporation Ltd. Partnership Maersk will manage the end-to-en...
To ensure that Blue Water has the best employees in the industry, it has chosen to strengthen the focus on employee development by expanding the internal "Learning and Development" function. Daniel Frausing Borch This means, among other things, that BWS has employed Daniel Frausing Borch as responsible for the further development of its in-house academy. Daniel comes from a similar position at BBOXX which is a UK solar energy company with offices around the world. Strengthen programme qualit...
Over the past three years, Blue Water has completed several projects in Norway in connection with the establishment of the wind farm Fosen Vind. This is the largest onshore wind turbine project in Europe with a total of 278 wind turbines delivered by Blue Water. Component transportation Blue Water’s skilled team has managed the progress of events and coordination Blue Water was responsible for the transportation of wind turbine components from Spain, Germany, and Esbjerg in Denmark to...
A.P. Moller - Maersk A/S, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and Yara International ASA are pleased to announce that the parties have entered into a Memorandum of Understanding to jointly conduct a feasibility study with the aim to be one of the pioneers in establishing a comprehensive and competitive supply chain for the provision of green ammonia ship-to-ship bunkering at the Port of Singapore, t...
One year after announcing the launch of the Plane Simple™ Satcom Antenna Systems, Satcom Direct, the aviation solutions provider, has begun rigorous airborne testing of its advanced technology, purpose-built Ku-band tail-mounted antenna system. The transition from development to ground assessment to the aerial testing phase aims to validate the full performance capabilities of the Ku-band terminal. Empirical feedback The antenna, which is equipped on SD’s Gulfstream aircraft,...
Neste has opened a new office in Melbourne, Australia. The office hosts Neste’s team focused on sourcing renewable raw materials, such as used cooking oil and waste animal fats, directly from suppliers in the Australian and New Zealand markets. “We established our renewable raw material sourcing operations in Australia at the end of 2019, to be closer to our local partners and stakeholders,” said Stewart Waters, General Manager of Neste Australia. Neste’s ne...
Survitec will be attending the Security & Policing Virtual Exhibition, UK on 9 – 11 March 2021. The show is organised by the UK Home Office for command, control and operational equipment used by security agencies and features the latest products and services in law enforcement equipment. Height safety characteristics Survitec will feature some of their Maritime Operations Capabilities, including the XTP 290N lightweight duty lifejacket, which can be tailored to suit each individual...
2020 was an unstable year for Blue Water’s Aerospace Logistics. The team assists the Aviation industry with all kinds of logistics needs including aircraft-on-ground (AOG) logistics, aircraft engine transportation, helicopter transports, airside logistics, customs solutions, warehouse logistics and tailored transport solutions in general - by road, rail, courier and air. Like many other activities, Aerospace Logistics was affected by the global lockdown of the Aviation industry. Due to a...
For many years, they have seen a huge global development in the Renewable Energy segment in general, and not least in the Wind sector. The development involves the political mandate and the geographic scattering, but certainly also technologically and volume-wise. "We think it is marvellous to be part of an industry where the sky is the limit. The demand on the suppliers is continuously changing - and the market is constantly opening up new opportunities. The biggest challenge is how to keep up...
The Energy & Projects division in Brest has provided logistics support to the shipment of a cooling prototype unit from mainland France to the isle of La Désirade in the French Caribbean. This prototype ‘Cryosolar’ was designed by the French renewable energy developer - VALOREM and aims to provide and store cooling power to isolated communities using solar power. Regular container lines The prototype’s most notable characteristic is that it consists of a 40’...
From October 2020 to late January 2021, Blue Water completed three project shipments of equipment from Italy to Northern China for a good client. The total weight of the cargo consisting of 142 units was 895 tonnes, the heaviest units weighing 162 tonnes each. The equipment was to be installed on board an FPSO vessel (Floating Production Storage and Offloading) at a shipyard in China. Project The project was executed with the local manufacturer in Italy, the client in China, and...
Vincent Clerc, A.P. Moller - Maersk’s CEO of Ocean & Logistics spoke at the JOC Transpacific Maritime Conference - North America’s largest (virtual) customer and industry event - to set the context of supply chain disruption for customers and three themes for improvement. “The threat of supply chain disruption is an industry constant,” said Mr. Clerc addressing the virtual event from his office in Copenhagen, Denmark. “According to a survey done by the Economis...
In France, focusing on a new potential - the low-hanging fruit - for a while. It has indeed proved to be quite interesting, and have had to employ additional manpower to cope with the increased work volume. Before Brexit, the British fishing boats landed their catches in Roscoff or Guilvinec in Brittany and sold the fish at the fish auction in Guilvinec. Now the fish must be declared to customs, and Brest is the only port in the region that is authorised to discharge these boats. Brest experie...
To support its growing scope of activities across the globe, the World Shipping Council (WSC) is as of March 1, 2021, adding two positions to its operations in Singapore, as well as welcoming a new colleague in the US. Appointments in Singapore They will both engage with WSC members on a broad range of policy matters including environmental and climate In Singapore, WSC welcomes Senior Manager Mun Wei Jun and Senior Executive Ang Shi En. They will both engage with WSC members, government regu...
Recently, Blue Water’s Energy & Projects division arranged two air charters in close cooperation with its global Air Chartering desk. Transport offshore equipment Unforeseen volcanic activity en route forced them to come up with a successful alternative flight plan For one of BWS's long-time Oil & Gas clients, it chartered an Antonov AN-124 to transport offshore equipment from Denmark to Australia, almost 6,300 miles. Due to efficient coordination between the client’s...
In the world of mining, everything is oversized and huge. Transporting and using mining equipment makes the user feel tiny, so nothing is bigger than the issue of on-site and off-site safety. TGI Cargo understands the mining sector like no other logistics company, as they stand on site and see these machines in action. Having partnered with some of the top mining companies across the world, they understand the risks and hazards and how to mitigate them. Transport mining equipment Thorough pre...
CULines is launching several new routes in March 2021, to further expand its service network, meet the diversified transportation needs of customers, and deliver better services. South China-Thailand service The first route opened by CULines after the 2021 Chinese New Year is the South China-Thailand service (SCT), which will welcome its maiden voyage on March 6, 2021. The SCT is one of the fastest and most stable South China-Vietnam/ Thailand routes For the SCT, CULines has deployed t...
SBM Offshore is pleased to announce that it has signed a Letter of Intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25-year lease and operate contract for the FPSO Almirante Tamandaré, to be deployed at the Búzios field in the Santos Basin approximately 180 kilometres offshore Rio de Janeiro in Brazil. FPSO installation, and operation Under the contract, SBM Offshore is responsible for the engineering, procurement, construction, installation, and op...