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Xeneta releases the figures drawn from its Xeneta Shipping Index (XSI) Public Indices for the contract market

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 collaborates with Wallaby Boats to bring onboard the WB18 vessel

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...

Norwegian Cruise Line's new season of 'Embark with NCL' premieres June 30, 2022

Norwegian Cruise Line (NCL), the innovator in global cruise travel with a 55-year history of breaking boundaries announced the next season of its visual storytelling platform, "EMBARK with NCL," with the first episode, "Caribbean Adventures," premiering Thursday, June 30, 2022, at 8 p.m. ET at their website and on Facebook. High-calibre offerings Following its successful first season, which garnered nearly 3 million views and showcased the Company's fierce resiliency as it returned to c...

Federal Republic of Nigeria and Japanese Government sign exchange notes on high-speed boat to reinforce deep blue project

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...

CULINES holds ceremony to name the newbuild - CUL YANGPU and sign strategic cooperation memorandum on shipping industry fund

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...

Valenciaport and the Valencia Provincial Council extend the benefits of cruise ship tourism to the municipalities of the province

The Port Authority of Valencia (PAV) and the Provincial Council of Valencia have organised the first ‘Cruise Tourism’ training course, aimed at municipal technicians and tourism agents. A meeting point to expand the tourist offer, offered by the destination of Valencia for cruise passengers, with sustainable experiences in municipalities of the province, beyond the city of Valencia, and to work to deseasonalise cruise tourism that calls at the Port of Valencia, in Spain. From the p...

Neste appoints Chris Cooper as the new President of Neste US

Chris Cooper has been appointed President of Neste US, effective from 1 July 2022. In his new role, he is responsible for supporting and aligning regional business strategies to deliver strategic growth targets, and he acts as Neste’s primary representative for the external community in the US. At the moment, Chris Cooper is holding the position of Vice President of Americas of Neste Renewable Aviation. Accelerate renewable growth strategy “The US presents important opportunities...

HPC signs contract for pre-feasibility study of Cigading Port Development

HPC and PT Melchers Melindo Indonesia, part of the international business development group Melchers, have signed a contract with the port operator PT Krakatau Bandar Samudera (PT KBS) to provide an independent study aimed at validating the potential of extending the capacity of Krakatau International Port to handle cargo in addition to dry bulk and break-bulk commodities. Krakatau International Port Situated on the West coast of Java, the Krakatau International Port faces the Sunda Strait,...

AERCE, Association of Purchasing, Contracting and Procurement Professionals visits the Port of Valencia

The Spanish Association of Purchasing, Contracting, and Procurement Professionals (AERCE) has organised a visit to the Port of Valencia, one of the largest economic players in the Valencian Community and Spain. The delegation was made up of some thirty purchasing managers and technicians from different companies who were able to get to know the day-to-day activity of the port and the operation of the commercial area of Valenciaport, as well as the opportunities for companies offered by the Span...

Neste invests in its world scale renewable products refinery in Rotterdam

Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions. Neste’s current 1.4 million ton capacity for renewable products in Rotterdam is the largest in Europe. The Rotterdam refinery expansion investment of approximately EUR 1.9 billion will expand Neste’s overall renewable product capacity by 1...

Port of Rotterdam Authority and Eneco to build green shore electric facility for Boskalis ships in Waalhaven

The Port of Rotterdam Authority and Eneco are going to install shore-based power facilities in the Waalhaven, so that Boskalis work boats moored there can run on green power instead of fossil fuels. A shore-based power installation will be built on the Boskalis site in the Waalhaven, Rotterdam. There are two berths on the quay at this location which are in frequent use. Vessels come to the Waalhaven service centre for maintenance and to be prepared for offshore projects. Reaching climate neutr...

Seafarer journeys, voyages and experiences in the spotlight for Day of the Seafarer 2022

Seafarers are sharing their maritime voyages across social media to mark the Day of the Seafarer 2022.  The maritime world is changing, fast. Ships are now operating greener, with greater digitisation and with more diverse crews. As the lifeblood of the shipping industry, seafarers are at the heart of this evolution, implementing new regulations, learning new skills and adopting safer, more efficient working practices. As the world’s merchant fleet traverses the oceans, the crews onboard...

Global Maritime Forum highlights an action plan to accelerate maritime decarbonisation

What should maritime stakeholders focus on in the coming years to accelerate maritime decarbonisation? At this week’s Getting to Zero Coalition Workshop, participating Coalition members collaborated on detailing out an action plan to make the full decarbonisation of shipping concrete and tangible. Participants focused on the combination and acceleration of four change levers: technology on land and on board, mobilising demand, financing, and policy. Accelerating shipping decarbonisation...

Ocean Infinity to establish green shipping corridor between Scandinavia and Northern Europe

Ocean Infinity, in pursuit of its’ objective of transforming maritime operations through the deployment of innovative technologies, is excited to announce the development of zero-emission, remotely operated, and autonomous ready, short sea container vessels that will operate between Norway and the Netherlands, creating one of Europe’s first zero-emission maritime ‘green corridors’.   SeaShuttle programme In partnership with Samskip B.V, a global logistics comp...

DNV awards Korea Shipbuilding & Offshore Engineering and Hyundai Heavy Industries with AiP for new LNG fuel supply system - Hi-eGAS

Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary - Hyundai Heavy Industries (HHI) have received an Approval in Principle (AiP) from DNV for their newly developed waste heat-derived LNG fuel supply system - Hi-eGAS (Hyundai High Efficient Gas Supply System) for 300K VLCC. Currently, LNG fuel propulsion ships have used boilers to make hot steam, which has converted LNG into a gas at room temperature, to supply a ship’s engine. However, this process has the disadvantag...

i4 Insight and Danelec Marine announce partnership to solve fleet performance challenges

Globally renowned fleet optimisation provider and Lloyd’s Register subsidiary, i4 Insight, has joined forces with data collection pioneers, Danelec Marine (Danelec), to solve fleet performance challenges. This new industry partnership, which brings together specialists in data collection and data analysis, will mean customers can get a more cost-effective solution to vessel optimisation. i4 Insight - Danelec Marine partnership As the maritime sector deals with digital transformation and...

Ports of Stockholm opens new quay at Frihamnen Port for the container business to develop

Ports of Stockholm is one of the world’s largest passenger ports and Stockholm is a very popular cruise destination. Now the possibilities for cruise ships to call at Stockholm have increased with the opening of a brand-new quay at Frihamnen Port. The new quay at Frihamnen Port in Stockholm opened on 21st June. The site was previously the location of the container terminal, which moved in 2020 to the newly built freight port, Stockholm Norvik Port. The move of the container terminal provi...

PIL launches new service - West Coast South America 6 (WS6), to expand coverage between Far East and West Coast South America

Pacific International Lines (PIL) is pleased to introduce a new weekly direct service linking China and Korea with four key countries in South America - Mexico, Guatemala, Colombia and Chile. The new service, known as West Coast South America 6 (WS6), will commence on 13 July 2022 from Ningbo, China. West Coast South America 6 (WS6) West Coast South America 6 (WS6) aims to augment PIL’s existing two services - WS2 and WSA West Coast South America 6 (WS6) aims to augment PIL’s...

Nor-Shipping 2023 to focus on #PartnerShip to accelerate industry progress and achieve commercial goals

Nor Shipping has revealed that #PartnerShip will be the main theme of next year’s event - Nor-Shipping 2023, as it looks to enable, support and showcase ways of working together to achieve commercial goals. The week-long programme, Nor-Shipping 2023, running from June 6 to June 9, 2023, will now tailor its exhibition, knowledge sharing and networking opportunities, in order to nurture and strengthen collaboration across ocean businesses. Individual strength, collective gain The industry...

Blue Water partners with NGO Hope Walks to help Ethiopian infants with the clubfoot disease

Blue Water’s Aid & Development Logistics team was contacted by a customer regarding the transport of a special shipment from Shanghai, China to the NGO Hope Walks in Addis Ababa, Ethiopia. The transport faced challenges due to container shortages in Shanghai and fully booked vessels as a consequence of COVID-19. However, Blue Water succeeded in finding a container as well as booking space on the required vessel thus saving the transport. Medical supply delivery  The contact wit...

Ultramag exhibiting at Seawork 2022 in Southampton, United Kingdom

Ultramag is back exhibiting at Seawork 2022, which is taking place in Southampton, United Kingdom (UK) and will present over the 3 days of the exhibition, featuring the Managing Director, General Manager, NDT Manager, and one of Ultramag’s young Apprentices. Various items of test equipment were on show covering the inspection of composite materials; with plenty of interest in the testing and inspection capabilities and training programs on offer.

Oldendorff Carriers start initiatives to reduce fuel consumption and emissions

Nearly 50 fuel-saving ducts devices have been procured by Oldendorff Carriers over 50 years. They have also started many other initiatives to reduce fuel consumption and emissions, which users can see in the other news stories. The purpose of the fuel-saving devices is not only to reduce fuel consumption but also to reduce the Greenhouse Gas emissions (GHG). In the early 1980’s, OLDENDORFF CARRIERS was the first dry bulk shipping company to invest in Wake Equalising Ducts (WED), when they...

SCH’s sister company CPS to sponsor the latest meeting of industry association Cruise Britain in Portsmouth

SCH’s sister company Cruise and Passenger Services (CPS) is to sponsor the latest meeting of the industry association Cruise Britain in Portsmouth on June 21-22. The professional network of British ports, ground handlers, and port agents plays a key role in promoting Britain to the global cruise industry and the meeting in Portsmouth will give CPS the opportunity to show off its offering as a passenger valet parking supplier. Passenger valet parking The two-day meeting will start with a...

Maritime Skills Commission launches the Skills for Green Jobs Position Paper

The Maritime Skills Commission launches the Skills for Green Jobs Position Paper. The Maritime Skills Commission (MSC) was established to ensure that the maritime sector has a pipeline of talented people to serve all parts of the sector covering shipping, ports, leisure marine, engineering, science, and professional services. The Commission is chaired by Professor Graham Baldwin, Vice-Chancellor at the University of Central Lancashire, and was established in 2020 by the Department for Transport...

Wilhelmsen enters into agreement to acquire Stromme to join forces on cargo hold cleaning and create an even better offering for customers

Wilhelmsen Ships Service (Wilhelmsen) is pleased to announce that they have entered into an agreement with Seven Seas, to acquire 100% of their shares in their subsidiary company - Stromme. When first established in 1971, Stromme became the first specialised cargo hold cleaning company in the marine industry. The company is a renowned global player with extensive specialised experience within their field, providing customers with high quality solutions and innovations for cargo hold cleaning, w...

TGI Cargo is a renowned freight forwarding partner across Australia and the globe

Finding a project freight forwarder users can trust to handle the oversized or hard-to-move cargo is more critical now in 2022 than ever before. With new challenges around global shipping and varying COVID-19 laws and guidelines per region or per country, having a hands-on, experienced team is a key asset in project planning. TGI Cargo pride itself on being not just a service provider to clients but a true end-to-end partner, working with users to find tailored solutions for their freight needs...

Mersey Maritime announces that it has welcomed Getronics to their diverse eco-system

Mersey Maritime was conceived almost twenty years ago to create an ecosystem, championing and supporting one of the most diverse maritime regions in the UK. Created as a not-for-profit organisation with more than 200 active members, Mersey Maritime spans more than 33 sub-sectors of maritime and its related supply chain, including ports, shipping, offshore, engineering, professional services, logistics, manufacturing, and academia. Mersey Maritime Chris Shirling Rooke, the Chief Executive Offi...

Lloyd’s Register (LR) announces the acquisition of OneOcean, as part of company’s maritime growth strategy drive

Lloyd’s Register (LR), a global provider of maritime professional services, has acquired OneOcean, a renowned supplier of voyage compliance, safety and environmental solutions, from Equistone Partners Europe (Equistone), a renowned European mid-market private equity firm. The move will accelerate Lloyd Register’s ambitions to be the maritime industry’s trusted adviser for compliance, safety, performance and sustainability solutions, enabling clients to benefit from more effici...

DNV’s ShipManager helps Montec Ship Management to identify sustainable impacts on their daily business

The specialised module is used by shipping companies worldwide for complex purchasing requirements and diverse workflows in the maritime business, enabling comprehensive efficiency gains and cost savings. As Montec management operations have grown over the years, requirements and complexity have increased. “We started with two vessels, and we are now managing 12 vessels,” says Igor Bondar, Technical Director of Montec. Fleet management activities “We have achieved a company...

NIMASA deploys high-resolution magnetometer to validate the on-going wreck removal exercise

The Nigerian Maritime Administration and Safety Agency, NIMASA has commenced preparatory works to deploy a high-resolution magnetometer to validate the on-going wreck removal exercise of all identified wrecks listed for removal along the Badagry Creek in Lagos. The Agency’s Director-General Dr. Bashir Jamoh who disclosed this during a review session of the ongoing wreck removal exercise by the Agency also stated that the impact of the entire exercise on the marine environment is being ass...

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