Navigation - News

Babcock, the aerospace, defense, and security company, joined forces with the Royal Navy at Rosyth to commemorate the 40th anniversary of the Falklands conflict (2 April – 14 June 1982). To mark this anniversary, more than 50 current and former Babcock employees, Royal Navy personnel, armed forces veterans, and representatives from the local community attended a service that included the unveiling of a plaque on the site. The Royal Marine band provided an uplifting welcome at the e...

Queensland Magnesia (QMAG), a supplier of magnesia products, became the first Oceania-based customer to choose Maersk ECO delivery to reduce the company's carbon footprint in transportation. By joining efforts towards decarbonisation, Maersk offers QMAG certified carbon neutral shipping based on sustainable biofuel, a solution to help QMAG to make progress towards its ambitious sustainability goals. Sustainable future “Partnerships are crucial to secure a sustainable future and no compa...

To preserve the unique tastes of different fish & seafood, supply chain journeys must also be unique for each. Whether fresh or frozen, what remains true for all is the need to eliminate multiple handovers, reduce waste, and race against shelf-life. Supply chain integration Integrating the supply chain from port to dock can help to overcome all these challenges. With A.P. Moller - Maersk’s state-of-the-art reefer technology and growing network of cold stores, ensure an unbroken supp...

The latest in-line shaft generator from ABB will enable ship operators to benefit from the efficiency, performance and reliability advantages of permanent magnet technology. The new generator brings flexibility and ease of installation to a wide range of vessels, including bulk carriers, container carriers, liquid natural gas tankers and ferries transporting passengers and cars. Permanent magnet shaft generator The AMZ 1400 permanent magnet shaft generator is optimised for converter control a...

The board of directors of Drillmec, a Piacenza-based company in the Oil & Gas sector, part of Indian infrastructure giant Meil Group has approved the investment plan for over 35 million euros in the energy transition which includes initiatives in production of hydrogen through the most advanced technologies available such as electrolysis, pyrolysis and the design and construction of Co2 capture and storage systems and last but not least geothermal energy. In this context, Drillmec has launc...

MSC Group (Mediterranean Shipping Company) confirms that it has entered into a share purchase agreement with Bolloré Group, in relation to the 100% acquisition of Bolloré Africa Logistics (including all of Bolloré Group’s shipping, logistics and terminals operations in Africa, as well as its terminal operations in India, Haiti and in Timor-Leste) for a purchase price based on an enterprise value, net of minority interests, of 5.7 billion euros.  Acquisition of Bo...

MPC Container Ships ASA (‘MPCC’ or the ‘Company’, and together with its subsidiaries, the ‘Group’) is pleased to announce the following company update. The company update includes the Charter update on existing fleet. The update includes the following: Over the past weeks, MPCC has concluded five additional fixtures, including four multi-year charters at very favourable rates, securing employment up to 2027. The new fixtures add contracted charter revenue...

Inmarsat, the globally renowned company in global, mobile satellite communications, has unveiled e-learning technology and service provider, Marine Learning Systems (MLS) as the winner of the inaugural Inmarsat Ferry Open Innovation Challenge, a competition inviting start-ups and SMEs to propose digital solutions that promise to enhance the working lives of ferry crews. Launched in January 2022, in collaboration with the largest ferry operator in Greece, Attica Group, and UK digital consultancy...

Long-term contracted ocean freight rates climbed by 7% in March, pushing shipping prices up 96.7% year-on-year. The rise, revealed in the latest Xeneta Shipping Index (XSI®) Public Indices for the contract market, further boosts the coffers of leading carriers, with Evergreen the latest name to disclose record annual revenues of USD 17.67bn. However, as Xeneta CEO Patrik Berglund points out, the sustainability of such developments remains to be seen. Onwards and upwards Xeneta’s XSI...

On March 30th, 2022, SBM Offshore launched its new floating wind energy solution, Float4WindTM. Float4WindTM is the second generation of SBM Offshore’s innovative offshore wind floater technology, a key aspect of the Company’s long-term strategy to support the energy transition. Tension Leg Platform (TLP) design The new and improved version of the Tension Leg Platform (TLP) design, a technology historically utilised in traditional oil & gas production, is ideal for harnessing...

MSC is delighted to be attending this year’s IHS Breakbulk and Project Cargo Conference. Taking place from 25-27 April 2022, the conference attracts the most specialised project and breakbulk cargo audience in the industry, and is a platform for essential and intensive networking, negotiations, and relationship-building within the project and breakbulk logistics supply chain. Dedicated customer service MSC will be promoting their solid expertise in oversized freight. Their project cargo...

Babcock International Group, the aerospace, defense and security company, has achieved Ready for Sea Date for the Type 23 frigate HMS Somerset at Babcock’s Devonport facility. Maintenance and repairs  HMS Somerset started her extensive overhaul at Babcock’s Devonport facility in November 2018. During that time, she has undergone a significant upkeep, which has included repairs and updates to her hull and living spaces, replacement of her Sea Wolf with the new Sea Ceptor weap...

Nor-Shipping is a globally renowned exhibition and event, which is based in Norway. This is where the maritime and ocean industries meet to connect, collaborate and facilitate sustainable success in the ocean space. Taking place every two years, Nor-Shipping operates as a hub for international decision-makers from both the private and public spheres. Nor-Shipping, global maritime exhibition Nor-Shipping is where ship owners and operators mix with politicians, equipment suppliers, NGOs Nor-Sh...

In the presence of the Egyptian Prime Minister, a Memorandum of Understanding (MoU) was signed in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. This partnership follows six fuel sourcing partnerships announced earlier this month, and with it, Maersk joins forces with the General Authority for Suez Canal Economic Zone (SCZone), the Egyptian New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (E...

The day after the war broke out in Ukraine, Blue Water was contacted by a client who needed their assistance unloading four aircraft over the weekend. The aircraft would land at the Rzeszow-Jasionka Airport (RZE) in Poland about one and a half hour drive from the Ukrainian border. Safe cargo delivery  Blue Water's scope was to get the cargo safely to the border of Ukraine including the handling, counting, and reloading of the cargo and to make sure the delivery was complete. The next ste...

Rising COVID-19 cases in China, large-scale fuel stock-outs in Sri Lanka, and developments in Europe, among other global supply chain disruptions, have had an increasing impact on shipping volumes in Quarter 1 of 2022 and have exacerbated port congestion across the world. Demand remains incredibly strong, which continues to put increased pressure on the global supply chains, as capacity is still tied up outside ports in the US, Europe and Asia. Despite the disruptions witnessed across various r...

Shipping Innovation – Maritime UK, the Owner and Manager of London International Shipping Week (LISW), the globally renowned maritime industry event, is delighted to announce the appointment of Karen Martin as the new Commercial Director. Karen Martin will be responsible for all sales and commercial activities related to London International Shipping Week (LISW) and will be the point of contact for sponsors and advertisers for the next installment of LISW, scheduled to take place in Septe...

Babcock, the aerospace, defence, and security company, has signed a Memorandum of Understanding (MoU) with one of Korea’s largest shipyards Daewoo Shipbuilding & Marine Engineering (DSME) to collaborate on systems integration programmes for future vessels. This follows the MoU signing between Babcock and Hyundai Heavy Industries (HHI) in June 2021 to focus on the South Korean Navy’s future light aircraft carrier project opportunity, CVX.  Ongoing operational support Babco...

Pacific International Lines (PIL) is pleased to introduce a new weekly direct service, connecting the key ports in China, Vietnam, Singapore and India’s East Coast. The new service, known as China Vietnam India Service (CVI), will commence on 22 April 2022 from Ningbo, China. It will be served by a consortium of vessels with an average capacity of 2200 TEUs, jointly deployed by PIL, Regional Container Lines (RCL) and Interasia Lines (IAL). China Vietnam India Service (CVI) The new C...

Classification Society ClassNK has granted its Innovation Endorsement for Products & Solutions to Marlink’s CyberGuard Threat Detection, the service for detecting cyber security threats and help shipowners protect against attacks on IT and OT networks. In July 2020, to promote the spread and development of innovative technologies, the Society launched Innovation Endorsement as a swift certification service in cooperation with technological front runners to establish appropriate evalua...

Neste Corporation’s Board of Directors has appointed Matti Lehmus (born 1974) as President and CEO as of 1 May 2022. He succeeds Peter Vanacker, who will hold the position until 30 April 2022. Matti Lehmus holds a M. Sc. in chemical engineering and an eMBA. He joined Neste in 1998 and has held several key leadership positions during his career in both the oil products business and renewables. He has been a member of the Neste Executive Committee since 2009 and currently serves as Exe...

The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up by the Senate Commerce Committee, addresses none of the root causes of the U.S. landside congestion. Americans continue to import goods at record levels—so much so that the U.S. ports and landside logistics workforce is unable to process all the cargo. Ocean carriers have deployed every vessel and...

Crowley has successfully managed the acquisition of the MV Honor, the first vessel acquisition under its contract, in order to help recapitalise a sealift fleet, with the U.S. Maritime Administration (MARAD). With the forthcoming acquisition of the MV Freedom, vehicle carriers are part of the multi-year vessel acquisition and management contract, designed to help recapitalise the U.S. Ready Reserve Force. The acquisitions will enhance the Ready Reserve Force, by increasing ship reliability an...

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has ascribed the decline of piracy on Nigerian waters and the Gulf of Guinea to collaboration among various organs of Government in Nigeria, Governments in the region, and stakeholders from within and outside the country. Dr. Jamoh, who stated this while receiving the Management of the Nigerian Television Authority, NTA Channel 10 in Lagos, noted that the success in fighting piracy in Nigeri...

The U.S. Marine Corps has awarded BAE Systems a contract for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. BAE Systems has received a $34.9 million contract from the U.S. Marine Corps for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. The ACV-R will replace the legacy Assault Amphibious Vehicle recovery variant (AAVR7A1), and will provide direct field support, maintenance, and recovery to the ACV family of vehicles. C...

On March 9, 2022, at a digital ceremony, MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the Memorandum of Understanding is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and digitalisation. MAN Energy Solutions – DNV sign MoU Dr. Uwe Lauber, the Ch...

The Seafarers’ Charity’s UK Maritime Anchor Fund supports working-age UK merchant seafarers. The Fund is open for applications for those impacted by the P&O Ferries redundancies. The Fund will support seafarers through financial help, advice, relationship counselling, and mental health and well-being support and counselling. UK Maritime Anchor Fund The UK Maritime Anchor Fund was created in 2020 with key delivery partner charities to provide an end-to-end package...

Commenting on the decision by P&O Ferries to dismiss 800 seafarers, a spokesperson for Maritime UK said “We are a membership organisation, but when we disagree with the actions of one of our companies, we should say so. We fully appreciate the challenges that some of our maritime businesses have faced, largely as a result of the COVID-19 pandemic, and that for some, this has resulted in very difficult decisions having to be made.” The Maritime UK spokesperson’s adds, &ldqu...

DHL Express and Neste have announced a significant step towards decarbonising aviation logistics by expanding their existing cooperation with a new strategic collaboration. In the next five years, Neste will supply DHL with approximately 320,000 tons (400 million liters) of Neste MY Sustainable Aviation FuelTM. The agreement is Neste’s largest for Sustainable Aviation Fuel (SAF) to date and one of the largest SAF agreements in the aviation industry. SAF availability  Nest...

Delivering exceptional durability and reliability, configured for ease of deployment from all platforms and offering class-leading sensor and navigation performance, HUGIN Edge is the newest member of the HUGIN family of AUVs. The new design combines elements of HUGIN’s carbon monocoque approach used with success for the last 20 years coupled with extensive hydrodynamic modelling to refine the hull’s low-drag shape. HUGIN Edge stands out as a next-generation vehicle designed spe...