Corporate News

The fourth publication by Maritime UK’s Board of Trade sets out how the United Kingdom (UK) can deliver the trade benefits of the National Shipbuilding Strategy refresh. This paper puts forward the Board of Trade’s thoughts on: Global trends and the importance of the maritime industry to trade. UK strengths and opportunities within the maritime sector. How trade and investment solutions can address challenges in the global maritime sector. Board of Trade publication UK Secr...

UK Prime Minister Boris Johnson and Defence Secretary Ben Wallace visited Cammell Laird’s facility now (Thursday, March 10) as the National Shipbuilding Strategy Refresh was unveiled. Designed to reinvigorate the shipbuilding and maritime sector across the UK regions as part of the government’s ‘levelling up’ agenda, the National Shipbuilding Strategy Refresh outlined the government’s plans for the UK shipbuilding enterprise and supply chain, which includes deliver...

As the Russia-Ukraine crisis escalates, the effects on international shipping are evolving rapidly. TGI's insight into potential changes that could affect users include: Bunker fuel Bunker prices have increased since the start of 2022 by approximately 58%. Currently in Singapore, the world’s largest bunkering hub, TGI has seen the bunker price for Very Low Sulphur Fuel Oil (VLSFO) reach US$1030 per tonne. At the end of December 2021, the price was US$648 per tonne. Crude prices have no...

The Norwegian Shipowners' Association's annual Outlook Report reveals that profitability in the industry is increasing, there are fewer ships in a layup, and Norwegian shipowners are planning investments in new green technology. But the pandemic and the war between Russia and Ukraine continue to create challenges for Norwegian shipping. Shipping is an international industry, and Norwegian shipping companies are at any given time present on all the world's continents and oceans. This means tha...

The technology group, Wärtsilä (Wärtsilä Corporation) has secured a new agreement for its exhaust gas cleaning systems to be installed on two newbuild 218m roll-on/roll-off passenger vessels (RoPax) at Guangzhou Shipyard International (GSI) in China. V-SOx hybrid scrubber systems The contract, which was signed in February 2022, will see Wärtsilä fit and commission two 25-megawatt V-SOx hybrid scrubber systems, which can run in both open and closed loop configurati...

Crowley has joined forces with Insurtech MGA, Loadsure to help accelerate the development of proprietary smart technology serving the global cargo and freight insurance market by investing in the $11 million Series A funding round. Crowley’s involvement aligns with the company’s strategic growth strategy to innovate the value chain and create visibility and efficiency for partners and customers who are demanding more accessible and agile paths to reduce risk. Cargo insurance innova...

Leask Marine Ltd is delighted to have attained Cyber Essentials PLUS, the highest level of Cyber Essentials certification. This involved a more rigorous test and technical audit of our security systems with external vulnerability scans carried out by cyber security experts who checked how robust the systems were against basic hacking. Leask Marine is committed to building a sound foundation of its corporate Information Technology system to significantly reduce the risk of prevalent cyber-att...

The knowledge accumulated by fishermen during many expeditions over many years, and often over many generations, about different coastal locations, the tides, the weather conditions, the different seasons, the species that they’re after, and the price they’ll receive for their catch have a huge influence on how, when and where they cast their nets. Guarding this information carefully has always been crucial in stopping competitors from taking advantage of the opportunities that you&...

Maritime UK has welcomed today's National Shipbuilding Strategy (NSS) as a “major turning point” for the industry, helping put the sector on track to be the world's most competitive maritime nation by 2050. Announced by the Prime Minister in Merseyside, the NSS contains plans to boost the competitiveness and productivity of UK shipbuilding, which the Prime Minister has identified as one of his major policy priorities. This includes more than £200m funding for green maritime...

Pioneering Classification Society ClassNK has signed a Memorandum of Understanding (MOU) with PowerX, Inc. (PowerX) for a collaboration on the development of the Power Transfer Vessel (Power ARK).PowerX is carrying out a project of the first model of the Power ARK series, which is designed for transferring renewable energy in Japanʼs coastal waters, and this project is in the design and development stage towards a demonstration experiment and full-scale operation in 2025. safety management...

The 2022 Trans-Pacific Maritime Conference (TPM22) was recently held in Long Beach, USA. CULINES was honored to attend as a Gold Partner with companies along the supply chain in the trans-Pacific region. CULINES exchanged with customers and partners on the latest industrial trends and introduced its shipping logistics solutions. This is the debut of CULINES at TPM and also the first time to participate in such an international shipping conference. The conference At the conference, the CO-CEO...

Danfoss Power Solutions’ Editron division will power the U.K.’s first high-speed passenger ferries, with the first vessel joining Uber Boat by Thames Clippers’ fleet in autumn 2022. The two 40-metre-long vessels will be built by Wight Shipyard Co on the Isle of Wight. The two new hybrid vessels, each capable of transporting up to 230 passengers, will help London achieve its ambitious target of becoming a zero-carbon city by 2030. Mayor Sadiq Khan has made tackling air pollutio...

Cammell Laird’s Defence Division has enjoyed a busy twelve months, as it continues to provide support to the four Tide Class tankers of the Royal Fleet Auxiliary (RFA). The 39,000-tonne newly built vessels came into service in 2017 and were built to replace the RFA’s single-hulled tankers. Bulk fuel Replenishment Together with RFA’s Wave Knight and Fort Victoria, the four tankers are maintaining the Royal Navy’s dedicated bulk fuel Replenishment at Sea (RAS) capabiliti...

Nor-Shipping has seized on International Women’s Day to sign up to the new, 40 by 30 initiative from WISTA Norway. This focuses on increasing female participation in maritime, with a goal of boosting the number of women in leading industry management positions in Norway from today’s level of 15% to 40% by 2030. Nor-Shipping – WISTA partnership Nor-Shipping - Your Arena for Ocean Solutions, has partnered with WISTA for over a decade, highlighting campaigns and hosting the Wave...

Telesat, one of the world’s largest and most innovative satellite operators, and Intellian, a provider of feature-rich, future-proof satellite communications solutions, announced a contract award for Intellian to design and supply reference enterprise user terminals for the Telesat Lightspeed Low Earth Orbit (LEO) satellite network. Telesat Lightspeed network Intellian’s innovative satellite terminal technology leverages the company’s non-geostationary satellite orbit (NGSO)...

During the spring of 2020, Blue Water and SpaceInvader entered a climate partnership, and the journey towards more sustainable road transport began. If possible, the aim was also to contribute to minimising the effect of other challenges such as shortage of capacity and drivers, as well as high freight rates. The two partners have now signed a three-year cooperative agreement. According to the two players, future solutions must be developed in solid climate partnerships where innovation and cou...

Golden Ocean Group Limited, the owner of large size dry bulk vessels, announces the sale of three of its oldest Panamax vessels, Golden Empress, Golden Enterprise, and Golden Endeavour, delivered in 2010 and 2011, as part of the Company’s ongoing strategy to ensure that it operates a modern, fuel-efficient fleet with a reduced emissions profile. The combined sales price of the three vessels is $52.0 million, and the Company expects to record a gain from the sales of approximately $9.6 mil...

ZIM Integrated Shipping Services Ltd. announces the launch of ZIM Ecommerce Baltimore Express (ZXB), a new and speedy e-commerce service, in March 2022. ZXB will operate on the following route: Yantian – Cai Mep - Baltimore – New York – Boston – Yantian. The service will commence with a bi-weekly frequency and build up to weekly within a few months. The exact schedule and vessels lineup will be published in the coming days. Customer service offering ZXB will be operate...

Waves Group are pleased to have provided Marine Warranty Surveyor (MWS) services for the construction of the Hiep Thanh nearshore wind farm project – their third offshore wind contract win in Vietnam. The project nearshore construction is now complete and will be commissioned in the first quarter of the year. Their scope of work included the installation of foundations, WTGs, array cables, and nearshore marine works. The project was managed by the Singapore office with the support of th...

The Nigerian Maritime Administration and SafetyAgency, NIMASA, and the Nigerian Meteorological Agency, NiMet, have signed a Memorandum of Understanding (MoU) setting out areas of collaboration in weather forecasting and climate research. Director-General NIMASA, Dr. Bashir Jamoh, and his counterpart from NiMet, Prof Mansur Bako Matazu signed on behalf of both Agencies of government. Meteorological services The MoU is designed as a framework for NiMet to provide meteorological services for...

Maritime UK is calling upon the sector to #BreaktheBias and commit to gender equality in 2022 and beyond. This year’s International Women’s Day (IWD) theme – ‘Gender equality today for a sustainable tomorrow’ recognises the contribution of women and girls around the world, who are leading the charge on climate change adaptation, mitigation, and response, to build a more sustainable future for all. Breaking the gender bias Maritime UK plans to spotlight all the wo...

A.P. Moller - Maersk’s strategy is to offer integrated solutions for smooth and optimised cargo flows that can span across all steps of the supply chain and create value for customers in the form of better supply chain outcomes, increased transparency, and control, and ultimately lower end-to-end costs. This vision is being delivered by combining the broad product and service offering of ‘Logistics & Services’ with the highly reliable and more differentiated ‘Ocean&r...

Babcock International, the aerospace, defence, and security company, has been selected as the platform design provider and technology partner for Poland’s MIECZNIK (Swordfish) new frigate programme, and concluded a set of strategic cooperation agreements with the PGZ-MIECZNIK Consortium, which is responsible for delivery of the project from the Polish side. The Polish Armaments Agency selected Babcock’s Arrowhead 140 (AH140) from three different platform design proposals provided by...

Pacific International Lines (PIL) is pleased to announce the award of a contract to Jiangnan Shipyard (Group), for the construction of four 14,000 TEU container vessels. The vessels will be equipped with dual-fuel engines and auxiliaries that can run on both Liquefied Natural Gas (LNG) and low sulphur fuel oil. The four vessels will be delivered progressively from the second half of 2024 through to the first half of 2025. When delivered, the vessels will become the largest container vessels...

Brunvoll has secured an important contract, as a result of its strategic and extensive development of azimuth propulsion systems. The contract with a foreign navy includes propulsion systems for four vessels. The dredgers will serve both the naval and civil needs for dredging of ports and other shallow waters. The vessels are 86 metres long and will have a crew of 14 people. All vessels will be built at local shipyards in the customer's home country. Brunvoll azimuth propulsion units Brunvoll...

The Minister of State for Defence Procurement, Jeremy Quin MP, took time to visit Cammell Laird’s stand aboard HMS Prince of Wales on Monday. Britain’s newest aircraft carrier was hosting a UKNEST industry event to celebrate UK engineering excellence as part of the ship’s week-long visit to Liverpool. The day was aimed at highlighting the engineering achievement and national endeavours of those that contributed to the delivery of the Queen Elizabeth-class carrier programme. D...

At Blue Water, they are deeply concerned about Russia's continued military actions in Ukraine. They continuously follow the situation and assess how the increasing amounts of sanctions against Russia impact their activities and ability to service their customers. They are pausing all new bookings, contracts, and activities in Russia and Belarus – this includes any transit through Russia and Belarus. Blue Water fully respects the sanctions and will comply Blue Water fully respects t...

Blue Water is deeply concerned about Russia's continued military actions in Ukraine. They continuously follow the situation and assess how the increasing amounts of sanctions against Russia impact their activities and ability to service their customers. The company is pausing all new bookings, contracts, and activities in Russia and Belarus – this includes any transit through Russia and Belarus. Blue Water fully respects the sanctions and will comply Blue Water fully respects the sancti...

FESCO Transportation Group and the Higher School of Economics National Research University (HSE) have agreed to cooperate in the field of education to train modern personnel in the field of logistics and supply chain management. The corresponding cooperation agreement was signed by Andrey Severilov, Chairman of the Board of Directors of FESCO, and Nikita Anisimov, Rector of the Higher School of Economics. Logistics  solutions  The parties also agreed to develop joint resea...

TGI Cargo, an expert in moving oversized, heavy, and valuable cargo within Australia and internationally has partnered with KeyOptions to deploy its SATiS asset tracking solution to track and monitor its high-value shipments.     Established in 2007, TGI Cargo is a privately owned Australian freight forwarder specialising in challenging logistics projects. The freight TGI Cargo moves for its clients is often valuable and, in some cases, irreplaceable. It is for this reason t...