Regulations - News
Inmarsat, the pioneer in global, mobile satellite communications, has made its maritime broadband service, Fleet Xpress, available to shipyards. Installed during new building, Fleet Xpress for Shipyards eliminates time-consuming and costly installation works in port, offering owners a pre-fitted very small aperture terminal (VSAT) solution included in the initial cost of the vessel. “Fleet Xpress for Shipyards is a game-changer for shipbuilders and owners alike, streamlining installation,...
ArkEdge Space Inc. has completed a new round of financing through SPARX Innovation for Future Corporation and Pavilion Capital PTE as new shareholders, raising JPY 635 million (approx. USD 5.2 million) and joining existing shareholders Incubate Fund and Mitsui Sumitomo Insurance Capital Co. Added to an initial round in January 2022, led by Incubate Fund and including Real Tech Fund and Mitsui Sumitomo Insurance Capital Co., the total amount raised in Series A is JPY 2.3 billion (approx. USD 18....
Fender Innovations of Wieringerwerf, manufacturers of lightweight fender systems for fast-sailing vessels, has completed a commercially important acquisition. The new partner is PolyMarine Service based in Vlaardingen, manufacturers of cast fender systems for slightly heavier workboats. Both companies will form part of the Fender Innovations Group. For Fender Innovations, this is the first acquisition since the company was founded in May 2012. The company continues to grow and has reported a 25...
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...
The initiative will bring together start-ups focused on solving climate and business challenges with a range of investors eager to fund the transition to a sustainable ocean economy. The event, which is open to all, takes place in Nor-Shipping’s dedicated Blue Economy Exhibition Hall in Lillestrøm from 10.00 to 15.00. Katapult Ocean has gathered a range of venture capitalists, angel investors, debt providers, corporate backers and established industry names to create an arena where...
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...
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...
MAN Energy Solutions has signed a cooperation agreement with HSD Engine Co., Ltd., to deliver its EEXI (Energy Efficiency eXisting ship Index) solutions to MAN B&W-branded low-speed engines manufactured by HSD. These come either as a complete package with an assessment report, or just a standalone OPL (Overridable Power Limitation) solution depending on customer requirements. Effective immediately, the agreement is set to run for an initial period of two years. Decarbonisation in the...
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...
The 12 talks take place in the Blue Economy Hall at Nor-Shipping’s Lillestrøm exhibition facilities, with hour-long sessions focusing on future strategies, solutions, and building partnerships capable of delivering sustainable ocean success. Nor-Shipping Director Sidsel Norvik says the programme offers ‘an unmissable opportunity’ to see ‘an industry A-list debating how to transform ocean ambition into reality.’ Nor-Shipping 2022 runs in Oslo and Lillestr&osl...
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...
Recently, Blue Water was entrusted with transporting two moulds for turbine blades from Aalborg, Denmark to Le Havre, France for one of the pioneers in Wind Energy: Siemens Gamesa Renewable Energy (SGRE). In addition to the sea transport, the job included transfer of the cargo from SGRE’s warehouse in Aalborg to the loading quay, loading on board the vessels in Aalborg and discharging in Le Havre. Transporting two moulds The transport of the two blade moulds for Siemens Gamesa B75 &...
Clarksons Port Services (CPS) is advising businesses not to panic if they have outstanding supplementary declarations following the 175 day cut-off and they can still be completed. Supplementary declarations must be made after a business has completed an entry in its records or a simplified frontier declaration. However, if a business is bringing uncontrolled goods into Great Britain, it may be able to declare the goods by entering them in its records without getting authorisation in advance an...
The globally renowned technology company, Wärtsilä (Wärtsilä Corporation) has developed a dedicated fuel supply system for methanol, MethanolPac, as interest grows in the methanol pathway to decarbonisation. Combined with the recently introduced Wärtsilä 32 Methanol engine and the company’s well-proven retrofit and system integration capabilities, MethanolPac enables Wärtsilä to deliver methanol-capable fuel and power systems, across a wide range of...
MSC is delighted to be attending and speaking at this year’s Fruit Logistica 2022. Taking place from 5 - 7 April 2022 this trade fair event includes presentations, panel discussions and live Q&A sessions with leading experts from across the world. MSC looks forward to welcoming people to the booth: B04, in Hall 25, daily from 09:00 am to 06:00 pm, and on Thursday, 7 April, from 09.00 am to 04:00 pm. Experts on stage The experts will be presenting in the Logisti...
Speaker of the House of Representatives, Honourable Femi Gbajabiamila Tuesday announces that the 9th Assembly embarked on the Amendment of the NIMASA Act 2007 and the Cabotage Act 2003 due to the need to improve the regulatory instruments in the Nigerian maritime sector to meet the need of current realities. Honourable Gbajabiamila stated this while declaring open the two-day public hearing by the House Committee on Maritime Safety Education and Administration on the Merchant Shipping Act, Repe...
ClassNK granted the Approval in Principle (AiP) for a fully autonomous ship framework (development code “APExS-auto”) jointly developed by Nippon Yusen Kabushiki Kaisha (NYK), MTI Co., Ltd. (MTI), and Japan Marine Science Inc. Autonomous concept “APExS-auto” is a framework of the concept for realising a fully autonomous ship by automating a series of processes required for ship operation, including information gathering, analysis, planning, approval, and execution....
Atlas Copco has agreed to acquire LEWA GmbH and its subsidiaries, and Geveke B.V. and its subsidiaries, for a combined enterprise value of MEUR 670 (BSEK 7.15). LEWA GmbH is a globally renowned manufacturer of diaphragm metering pumps, process pumps and complete metering systems. Geveke B.V. distributes compressors and engineers advanced and complex process pump installations. Acquisition of LEWA GmbH LEWA GmbH was founded in 1952 and is based in Germany. The company has around 1200 employees...
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed investment into Marindows Inc., a Tokyo-based firm, aiming to utilise the revolution in information technology to build an integrated digital platform for the marine industry. Amid the current energy revolution, this partnership will accelerate efforts to achieve a carbon neutral world in areas from electrification and autonomous operation to the marine industry, create new value by merging the p...
Codelocks has further expanded its Marine by Codelocks range, giving customers a wider choice of weather-resistant keyless access solutions. The CL600 Marine Grade locks feature a specially enhanced marine grade finish that can withstand harsh weather conditions – appropriate for workplaces and homes by the sea, as well as outdoor and coastal applications. The new CL600 Marine by Codelocks range is heavy-duty mechanical locks which are particularly well suited for areas with high levels o...
HMM announced that Kyung-bae Kim has been nominated for the new HMM CEO. HMM selected Kyung-bae Kim, the former Hyundai Glovis CEO, as the final candidate for the next HMM CEO. It came after the examination of multiple candidates was conducted by the CEO recommendation committee on 9 February. During the nominating process, a range of competencies, including leadership skills, global capability, and expertise, have been comprehensively considered to find the most suitable candidate. Playing si...
Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announcement of a new cold storage facility in Houston designed to serve imports and exports. “As we continue to expand our network in North America, providing customer-centered solutions this new facility will provide best-in-class cold chain services by integrating our services, technologies and optimising cold chain logistics efficiencies,” said Jason Walker, Executive Vice President...
James Fisher, a global provider of innovative marine solutions and specialised engineering services, has signed a charter agreement with Go Marine Group for the exclusive use of the multi-purpose service vessel, Go Electra, adding much needed security for customers, amid cost and supply chain crunches in the industry. The agreement will see the boat used, throughout the remainder of 2022, by James Fisher’s marine group brands, James Fisher Renewables (JF Renewables) and James Fisher Subte...
Babcock’s LGE (Liquid Gas Equipment) business and Cavendish Nuclear are celebrating two award wins at this year’s Maritime UK Awards. Kat Tanner won Electrical Design Apprentice for Cavendish Nuclear in the Apprentice of the Year category, while Babcock scooped the accolade for Innovation. The prestigious awards ceremony took place at the Glasgow Science Centre on Thursday 10 March. With the UK Government having launched its first long-term strategy for the sector, Maritime 2050, th...