Rising costs - News

Masdar, one of the world’s renowned clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy Terminals have signed a Memorandum of Understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam, in order to support Dutch and European markets. The MoU was signed by Mohamed Jameel Al Ramahi, the Chief Executive Officer (CEO) of Masdar, Gert-Jan Nieuwenhuizen, the Managing Director of Port of Amsterdam International,...

Throughout the last 25 years, Navadan have built themselves into a strong player within tank and cargo hold cleaning in the commercial shipping industry. Peter Krogh acquired Navadan in 2011 and has led the company since then. He has now been looking for new opportunities on how to build the company even stronger for the future. A preferred solution has been to find a maritime player with complementary competencies and resources, making Wilhelmsen and its global maritime distribution network a...

Eco Wave Power Global AB will unveil its disruptive technology for the first time during an AltaSea Event on the 12th of January 2023. The press conference will also feature the grand opening and ribbon-cutting of an office and commercial loan hub of Beneficial State Bank (BSB), which is supportive of blue economy related technologies. The press conference will feature Kat Taylor, the philanthropist that co-founded BSB in 2007, alongside Eco Wave Power Founder and CEO Inna Braverman. Joining t...

Cammell Laird Shiprepairers & Shipbuilders Limited (Cammell Laird) is reporting an annual loss for the fifth year in a row, but is now showing signs of emerging from ‘some of the most challenging times in the group’s history’. That was how Chief Executive - David McGinley described 2020 and 2021 after the Birkenhead shipyard took a significant financial hit from the building of the £200 million polar research vessel - RRS Sir David Attenborough. Cammell Laird’...

With the aim of enhancing its Intra-Asia network, Pacific International Lines (PIL) is pleased to announce the launch of a new weekly direct service, the South China Philippines (SCP) service, which connects ports in South China to the Philippines. SCP service Commencing 3 January 2023, the SCP service will provide weekly sailings which offer comprehensive coverage of the ports in South China – Xiamen, Nansha, and Shekou, and link them to Manila and Cebu in the Philippines. SCP will be...

Eco Wave Power Global AB announced that the energy conversion unit, formerly deployed in Gibraltar, has officially arrived at its new home, AltaSea at the Port of Los Angeles, United States, where it will be installed as a pilot station in the coming months. This is the first U.S. location for Eco Wave Power’s technology, which is already deployed in Israel with plans for further deployments in Spain, Portugal, Turkey, and other locations, as part of the Company’s current 404.7 MW...

In April 2022, committed to creating a virtual e-learning platform and seafarer training centre in the Panama Republic, PAMEL purchased the NAUTIS simulators.  VSTEP will help PAMEL to maintain its leadership position as an innovative education provider and expand internationally with the commitment to articulating the theoretical and practical components according to the STCW Convention.  Value of a new training centre The Seafarers Training Center Panama Maritime E-...

MAN Energy Solutions and Anglo-Eastern Ship Management Ltd. (Anglo-Eastern) recently signed a cooperation agreement regarding a so-called ‘Innovation Partnership’. Under the terms of the agreement, the two parties will – on an ongoing basis – exchange data and knowledge regarding the daily operation of engines, engine performance and maintenance, testing of digital products, development and creation of software, algorithms, and APIs, among other areas. ‘Innovation...

VSTEP launched their latest maritime simulator - NAUTIS Home for maritime professionals, students, or enthusiasts. Making ship simulation available on a large scale brings them closer to their goal, which is to ensure that simulation-based learning becomes a vital part in maritime education and training. Simulation-based learning has been applied to a great extent in a variety of fields such as aviation and healthcare. In the maritime industry, simulation training has not yet obtained that equa...

Following the presentation of the new Rodman Ventura range, with the launch of the Rodman 690 Ventura CC at the Southampton and Barcelona boat shows respectively, it is now the turn of the big brother of this new range, the new Rodman 790 Ventura CC, which will be presented worldwide at the next Düsseldorf Boat Show in January 2023. A boat of 7.5 m in hull length and 8.7 m in overall length, 2.55 m in beam and designed to be fitted with an outboard engine of up to 300 hp, which will enable...

The Board of Directors of the Port Authority of Valencia (PAV) has approved the Construction Project for the Container Quay of the North Extension of the Port of Valencia, with a base budget of 542,694,149.17 euros of public investment. To this will be added the 1,021 million euros to be provided by Terminal Investment Limited (TIL), a company belonging to the MSC group, a European company that will be responsible for the construction and operation, under an administrative concession, of the ne...

Inmarsat’s Fleet Connect and Fleet Data integrated IoT solution will support CCTV and performance management for more than 60 vessels. Inmarsat, the globally renowned company in global, mobile satellite communications, has reached an agreement with offshore services provider - Zamil Offshore to roll out an Internet-of-Things (IoT) solution to more than 60 vessels in the Gulf area. Internet-of-Things (IoT) solution This means Aramco needs deeper insight and control over the performance o...

Maritime UK is launching its national awards programme for 2023, celebrating a sector worth over £116bn to the UK economy and supporting over 1 million jobs. Held for the first time in September 2019, the Maritime UK Awards are run by the industry for the benefit of the industry. From a judging panel of internationally recognised maritime leaders to an awards evening at the DoubleTree by Hilton Hull, the Maritime UK Awards are a unique and impactful way to showcase a business,...

The Secretary General of the International Maritime Organisation, His Excellency Kitack Lim, is scheduled to visit the Federal Republic of Nigeria from November 20th – 22nd 2022. During his visit, the Secretary-General will attend the Nigeria International Maritime Summit 2022 where regional policies and operational perspectives on Decarbonisation and Green House Gas Emissions in shipping will be the focus. The Federal Ministry of Transportation and its Agencies in collaboration with...

Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded an approximately €150 million contract by Greek electricity grid operator IPTO (Independent Power Transmission Operator) to link the islands of Milos, Folegandros, and Santorini. The contract will be finalised within 2022, following the customary approvals from the authorities involved. Energy integration This connection is part of Phase D of the Cyclades’ electrical interconnection tha...

Air Products and Mabanaft, through its subsidiary Oiltanking Deutschland, announced their intention to build Germany's first large-scale, green energy import terminal in the Port of Hamburg. This joint development agreement is an important step towards the development of a green ammonia import and distribution infrastructure in the Port of Hamburg. The project was announced at a ceremony in Hamburg, which was supported by German Federal Minister for Economic Affairs and Climate Action Robert...

In the first nine months of the year - 2022, the maritime industry in the Port of Hamburg handled 91.8 million tons of seaborne cargo, a 4.3 percent drop on the previous year – 2021. Also down 7.4 percent at 27.5 million tons, handling of bulk cargo was especially hard hit. In comparison with the rest of Europe, container handling held up well. At 6.3 million TEU - 20-ft standard containers - for the Port of Hamburg - the downturn was 2.7 percent. By contrast, conventional general cargo h...

Cargo moving through the Port of Long Beach eased up in October following reduced consumer demand and a shift of imported goods toward the Gulf and East coasts. Dockworkers and terminal operators moved 658,428 twenty-foot equivalent units (TEUs) of cargo containers last month, a 16.6% decline from October 2021. Imports were down 23.7% to 293,924 TEUs and exports decreased 2% to 119,763 TEUs. Empty containers moved through the Port fell 13.4% to 244,743 TEUs. Strategic and sustainable gateway...

The maritime & ports sector is the gateway to some of the biggest challenges facing the world currently, and presents innovation opportunities to deliver sustainable, equitable growth for our communities and economies. Ocean Wise has announced the cohort for the Maritime Accelerator, a brand-new, challenge-led programme powered by Connected Places Catapult and supported by several industry and academic partners. Maritime Accelerator Its aim is to provide each of the selected SMEs with a p...

Wind power is one of the fastest-growing forms of renewable energy. Global demand for power from offshore wind farms is expected to change the way offshore operators and transfer providers consider workforce safety and how they procure critical Personal Protective Equipment (PPE). Survitec HeliPPE In the white paper exploring subscription-based rental and the future of offshore PPE, Survitec HeliPPE, the trusted PPE rental brand to the offshore wind industry, highlights how digital capabilitie...

Tokyo - ClassNK has granted its Innovation Endorsement for Products & Solutions to a cloud service called J-Marine Cloud developed by Japan Radio Co., Ltd. (JRC). In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement as a swift certification service in cooperation with technological front runners to establish appropriate evaluation criteria. Among the certification categories, ‘Products & Solutions’ covers equip...

Almost 600 workers at the Port of Liverpool are on their third walkout in a row over pay and Mersey Maritime CEO Chris Shirling-Rooke fears the dispute will drive away shipping lines. Tony McDonough reports. Big shipping lines could leave the Port of Liverpool for good if the current pay dispute is not resolved quickly. That is the warning from Chris Shirling-Rooke, chief executive of industry body Mersey Maritime, who fears long-term danger not just to the port itself but the wider Liverpool c...

Neste has been selected as a finalist in the contest for the German Sustainability Award for companies 2023. With its ambitious sustainability vision and renewable solutions for the aviation industry, road transport, and polymers and chemicals, Neste was nominated for the final round. The winner will be announced and awarded at ceremonies taking place in Düsseldorf, Germany, on December 1 and 2. German Sustainability Award The German Sustainability Award recognises companies th...

Stockholm remains a very popular cruise destination, despite the current turbulent times. When this cruise season ends, 205 cruise ships will have called at Ports of Stockholm, carrying twice as many passengers as the previous year. This year’s cruise season ends on 22 October, when the AIDADiva cruise ship departs from its city centre quay. In total 205 cruise ships, carrying 247,000 passengers, called at Ports of Stockholm during the 2022 season. This is twice as many as the previous ye...

The arrival of natural gas at the Port of Sagunto has tripled during the first nine months of 2022, so as to reach 3,038,695 tonnes, in comparison to 1,039,875 tonnes in 2021, which represents an increase of 192.22%, according to data from the Statistical Bulletin of the Port Authority of Valencia (PAV). Of this total, practically 60% comes from the United States of America (US), which has become the main supplier to the Sagunto site, in Spain. A situation marked by the geopolitical scenario &n...

Diminishing consumer demand, full warehouses and inflation concerns led to a decline in cargo containers moved through the Port of Long Beach in September 2022. Dockworkers and terminal operators moved 741,823 twenty-foot equivalent units (TEUs) of cargo containers last month, down 0.9% from September 2021. Imports decreased 7.4% to 342,671 TEUs, while exports increased 1.9% to 112,940 TEUs. Empty containers moved through the Port rose 7% to 286,212 TEUs. Consumers and retailers concerned abou...

SBM Offshore inaugurated its newest office location in Porto, Portugal on October 11, 2022, during an event that recognised the important bridges being built between the company and the city. SBM’s Douglas Wood, CFO, Jordan Strik, Sustainability Director, and Rita Prates, Country General Manager welcomed representatives from the Porto City Hall, Councilor Mr. Ricardo Valente, the Porto Engineering University, the AICEP institutes, and local vendors and partners to the event. Quality educ...

Vopak Agencies has a strong track record within both hub services and port agency within the tanker segments in Europe and extensive experience within their field. Diize is a Vopak developed digital software company aimed at the future of port orchestration. The completion of the transaction is subject to predetermined conditions and works council advice and is expected to close later in the fourth quarter of this year. Vopak Agencies will transfer to Wilhelmsen Port Services once the deal is...

On October 12, 1847, Siemens started operations as a small factory workshop with ten employees manufacturing pointer telegraphs, in a courtyard tucked away behind a building on Schoeneberger Strasse in Berlin. Now, 175 years later, Siemens has more than 300,000 employees around the world and, with around €62 billion in annual revenue, is one of the technology powerhouses. On October 1, 1847, 11 days before operations began, Werner von Siemens and precision mechanic Johann Georg Halske had...

Maritime UK is publishing its Programme for Government. The launch coincides with the start of a UK-wide celebration of the maritime industries. The Programme for Government sets out the maritime sector’s policy objectives for the new Prime Minister and Ministers having been developed jointly with Maritime UK’s member associations. It is launched at the start of Maritime UK Week 2022. Policy proposals Maritime UK is the umbrella body and collective voice for the UK’s maritim...