Corporate News

Maersk is donating the services of its Special Project Logistics (SPL) unit and charging a symbolic nominal freight cost of $1 per 40’ container for urgently needed medical supplies to be distributed to medical facilities in India in response to COVID-19 related shortages. "Several donors and organisations had donated supplies worth millions of dollars; however, they all were struggling with the shipment process disrupted by Covid. We thank Maersk and the Government of India profusely f...

CMA CGM informs its customers that its AMERIGO service (connecting West Med to the US East Coast) will temporarily stop calling Savannah due to severe congestion in this port (8-10 days) and in order to protect schedule integrity & weekly sailing frequency. Impacting first sailing A new call at Charleston will be inserted in the rotation and Savannah shipments will be directed to Charleston. The first sailing impact will be m/v CMA CGM LA TRAVIATA voy. 0MR9TW1MA, ETA Algeciras on October 3...

Currently, women represent only two per cent of the maritime industry, while only eight percent of employees in engineering are women. This is in stark contrast to the UK workforce as a whole, of which women make up 47%. For many women, entering a sector that’s perceived as a ‘boy’s club’ isn’t always appealing. If a sector looks unwelcoming to women from the outside, it’s unlikely to attract female employees in any role. But this means these workers are pote...

Inmarsat, the pioneer in global, mobile satellite communications, publishes a new report pinpointing the impact of COVID-19 in accelerating global shipping’s digital journey. Written by maritime innovation consultancy Thetius and sponsored by the Inmarsat Research Programme, ‘A Changed World: The state of digital transformation in a post-COVID-19 maritime industry’ captures a sector fast-tracking IoT-based solutions from November 2019. It characterises COVID-19 as a 'univers...

To companies like Fibertex, a reliable and multimodal transport setup, timing and precision are essential. That is why it was with humbleness Blue Water in the spring of 2021 entered into an agreement with the company to take over more of their global transport. The new cooperation involved Fibertex assigning the majority of their road traffic to Blue Water along with their oversea freight, and consequently also the responsibility for the company’s biggest and most critical markets. Prec...

MAN Energy Solutions has signed a cooperation agreement with DP World (Drydocks World), the globally renowned provider of smart logistics solutions. Effective immediately, the agreement targets common progress in the field of decarbonisation and is scheduled to run for five years, with an option to extend thereafter.   Wayne Jones OBE – Chief Sales Officer, and Gaby Hanna – Senior Vice President and Head of Region – Middle East & Africa, acted as signatories for MAN...

The UK government has selected eight new freeports in England, as a means to boost trade, jobs and investment, across the country. The special taxation and customs rules for the freeports will help businesses develop new facilities and operations, to trade and manufacture goods more cost-effectively, countering the effects of other complications, such as Brexit and COVID-19 pandemic.  Early deliverability of opportunities for new businesses is the key, with Solent Gateway Ltd, at Marchwood...

Golden Ocean Group Limited, one of the world’s largest listed dry bulk shipowners announces the sale of two older Panamax vessels, Golden Opportunity and Golden Endurer, and an agreement to construct four Kamsarmax vessels. Sale price The aggregate sale price of the vessels is $37.2 million, and the Company expects to record a gain from sale of approximately $4.9 million in Q3 2021 and $5.0 million in Q4 2021 and receive net cash proceed of approximately $22.2 million in Q4. The net cas...

Inmarsat is delighted to return as Official Communications Partner to The Maiden Factor, the round-the-world sailing campaign promoting equal access to education for girls from all backgrounds and countries. Spearheaded by iconic sailing legend Tracy Edwards, Maiden’s campaign began in 2018, which saw a rotating all-female crew sail over 33,000 miles around the globe, visiting over 23 destinations in 12 countries. However, they were forced to put their voyage on hold in 2020 becau...

Rolls-Royce has signed a Memorandum of Understanding (MOU) with the Ministry for Economic Affairs, Labour and Energy Brandenburg (MWAE) and the Federal Ministry for Economic Affairs and Energy (BMWi) to advance the research and development of hybrid-electric propulsion systems for the next generation of aviation in Brandenburg.   The partners agreed on the establishment of development, testing and production facilities, creating an industrial eco-system for hybrid-electric aviation propul...

Following the launch of Neste MY Renewable Diesel™ on the Belgian market in July 2021, Neste has entered a partnership with Q8 to offer the product on seven Q8 stations during the year. Neste MY Renewable Diesel is a premium diesel made entirely from renewable raw materials. It helps reduce greenhouse gas (GHG) emissions by up to 90% when emissions over the fuel's life cycle are compared with fossil diesel. Renewable diesel is a “drop-in” fuel, fully compatible with all d...

Roughly half of the customers, who know that Maersk besides shipping containers across the oceans, also has a comprehensive inland offering, where they can transport the goods via train or truck. Customers know the numbers by heart: that Maersk yearly does upwards of five million inland transports for more than 25,000 customers, including the world’s largest and most recognised brands. And that we do it in 150 countries across the entire globe. Fewer brokers, less hassle Customers are...

Rolls-Royce announces that Grazia Vittadini, former CTO at Airbus, will be joining as Chief Technology Officer, Designate, to succeed Paul Stein when he steps down next year after almost 12 years leading the pioneering research and technology efforts. Separately, Harry Holt, Chief People Officer, has decided to leave to take up the post of Chief Operating Officer at Vertical Aerospace. His successor will be announced in due course. Experience Grazia, who will join on 2 November 2021, spent...

Satcom Direct (SD) has confirmed the successful functioning of the Plane Simple™ Antenna System during a series of transatlantic and European validation flights. In more than sixteen hours of testing amassed during a three-day mission, the tail-mounted, Ku-band Plane Simple Antenna System demonstrated its compatibility with the Intelsat FlexExec satellite network. Seamless data transmission was supported by the SD ecosystem of hardware, software, and terrestrial infrastructure, as it deli...

The Seafarers’ Charity has worked with Seafish, The Money Charity and other stakeholders to develop a new training course on money management for new entrants to fishing. The training will set new recruits on the right financial path and enable an understanding of how to manage fluctuations in income, the complexities of budgeting and making credit choices as well as the range of free resources which can help with money management. The charity’s ‘Fishing Without A Safety Net&...

BAE Systems, Inc. will continue providing lifecycle sustainment, integration, and engineering services to support U.S. aircraft carriers after being selected for a five-year, $68.5 million indefinite-delivery, indefinite-quantity contract.   Under the Air Traffic Control and Landing Systems (ATC&LS) Engineering Products & Technical Services (EPTS) contract awarded earlier this year, BAE Systems will leverage decades of program history to develop, produce, equip, test, evaluate,...

This acquisition strengthens A.P. Moller - Maersk’s e-commerce Logistics products suite in line with its strategic business transformation. "With B2C Europe, we are closing the circle around our e-commerce logistics expansion. Our logistics product line-up growth continues to support our long-term plans to help customers sell through any sales channel, deliver in any way, and manage their supply chains seamlessly." "This year, by adding Visible SCM, HUUB and now B2C Europe´s capabi...

The U.S. Marine Corps (USMC) has awarded a contract to Kongsberg Protech Systems USA to deliver Remote Weapon Systems (RWS) as part of the Marine Air Defense Integrated System (MADIS) programme. The Indefinite-Delivery/Indefinite-Quantity (IDIQ) contract has a potential value of $94 million and includes a series of Low-Rate Initial Production (LRIP) systems and full-rate production units. This production contract award follows a Sept. 2020 contract award from the USMC to KONGSBERG for test...

Today, BAE Systems marks its first day as part of the team that will deliver the five-year Future Maritime Support Programme (FMSP) alongside the Ministry of Defense (MOD) for the Royal Navy.   In March, BAE Systems was selected by the MOD to deliver the Ship Engineering Delivery & Management contract at Portsmouth Naval Base. A joint venture between BAE Systems and KBR, named KBS Maritime, was awarded the Hard Facilities Management (FM) & Alongside Services contract at Portsmou...

Babcock is pleased to have finalised the contract with the UK Ministry of Defense to continue the support spanning UK naval base operations at HMNB Clyde and HMNB Devonport, alongside UK submarine and surface ship fleet support.  The Future Maritime Support Programme (FMSP) is worth around £3.5bn and will run until March 2026, replacing the previous Maritime Support Delivery Framework (MSDF). This complex contract reinforces Babcock’s position as a foremost naval business wit...

In a world-first for the maritime sector, the containership, ‘ElbBLUE’ – owned by German shipowner Elbdeich Reederei and operated by charterer Unifeeder – has bunkered some 20 tons of green SNG (Synthetic Natural Gas) at the Elbe port in Brunsbüttel, Germany. MAN Energy Solutions held a ceremony to mark the event, which marks the first time ever that synthetic fuel – generated from 100% renewable energy via power-to-X technology – has been employed i...

Jotun achieved record high revenue of NOK 14 975 million in the first eight months of 2021. The operating profit was NOK 2 496 million, but high raw material prices put pressure on the operating margin. Sales in the segments for Decorative Paints, Performance Coatings and Powder Coatings have shown a positive development so far this year. In the Marine Coatings segment, Jotun has experienced a decline in sales due to reduced newbuilding activity for ships. The strong growth in the first eight m...

Inmarsat, the pioneer in global, mobile satellite communications, is enabling an acceleration in the digitalisation plans of long-term client Navigazione Montanari, after an agreement for the chemical and crude oil tanker owner to extend its use of Fleet Xpress to its entire fleet. The new agreement renews and extends Navmont’s use of Fleet Xpress services across 13 ships and envisages the transfer of five more tankers from competitor services to Inmarsat’s maritime broadband se...

As part of London International Shipping Week 2021, The Seafarers’ Charity, alongside The Mission to Seafarers, Sailors’ Society and Stella Maris organised a conference on 13 September, to explore seafarers’ wellbeing in a digital age. Hosted by satellite communications firm, Inmarsat and admirably chaired by John Adams, Managing Director, V. Ships UK, the event had 250 participants, joining both virtually and in person and a panel of experts from across the industry who explo...

Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...

From the 2023 season onwards, cruise ships will be able to call at the Port of Aarhus, connect to shore power and keep their engines running on electricity while the ship is docked in the Port. This will eliminate pollution from ships while they are stationed in Aarhus. The decision to invest in a shore power facility should be seen as part of the Port of Aarhus’ wider sustainability strategy which aims to make the Port the most sustainable in the Baltic Region. Attracting shipping compa...

CMA CGM has advised that in order to recover schedule reliability on SAFRAN service, connecting Europe with East Coast South America, the Le Havre call suspension will be extended for a further eight-week period. Le Havre call suspension extended The service change is effective m/v CAP SAN AUGUSTIN voy. 0EWAHS1MA, starting her rotation in Rotterdam ETS, on October 20th, 2021. SAFRAN's rotation will be temporarily adjusted as follows: Rotterdam (Thu/Fri) - London Gateway (Sat/Sat) - Hamburg (...

Globally renowned container logistics company, A.P. Moller - Maersk (Maersk) signed an agreement, on Monday, September 27, 2021, to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), which is headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange, and Hong Kong Stock Exchange. Maersk Container Industry (MCI) will become part of a market renowned company in the container equipment industry. CIMC will take over...

BAE Systems. has successfully completed the management and delivery of planned overseas support for the UK’s Carrier Strike Group 21 (CSG21). The carrier group sailed from the UK in May and has been supported by BAE Systems throughout its deployment. BAE Systems engineers and technicians have overseen the maintenance of aircraft carrier HMS Queen Elisabeth, Type 45 destroyers HMS Defender and HMS Diamond, and Type 23 frigates HMS Kent and HMS Richmond, in a number of countries a...

Maersk with its partner is launching its second dedicated warehouse in South Africa, trading under the name of Precool Cold Storage. The Cold Store is a part of its existing warehousing and distribution site in Hammarsdale, in Kwa-Zulu Natal, and is expected to be operational in early January 2021. Increasing the capacity of the existing cold store operations, which can handle temperatures from ambient to -25C and has dedicated sections for frozen and chilled cargo thereby serving the fruit,...