Corporate News

SHIPPING INNOVATION, owner and manager of London International Shipping Week (LISW), is delighted to announce the appointment of its chairs for the LISW23 Board of Advisors and LISW23 Steering Group. Baltic Exchange Chair Denis Petropoulos will succeed Lord Mountevans as Chair of the LISW23 Board of Advisors while John Hulmes, Chair of Mersey Maritime, will assume a third term as Chair of the LISW23 Steering Group. Welcoming the appointments and thanking Lord Mountevans for his hard work chair...

Fincantieri Bay Shipbuilding started construction on the largest LNG (liquefied natural gas) bunkering barge ever built in the United States. Bay Shipbuilding is expected to complete construction on the barge in late 2023 under contract with Crowley, the largest independent operator of tank vessels in the U.S. Crowley will operate the vessel under a long-term charter with Shell NA LNG, LLC (“Shell”). The 416-ft. vessel, which will have the capacity for 12,000 m3 (3.17 million ga...

Blue Water’s Energy and Projects Division has experienced positive and sustainable growth in recent years, both in terms of activity level and expansion of locations. To further strengthen its global position, Blue Water is opening two additional offices in the Middle East: Iraq and Saudi Arabia. This is to underline and strengthen the objective of servicing customers across the business with a regional and local presence. “We want to expand our global presence to serve current an...

The Nigerian Maritime Administration and Safety Agency (NIMASA) and National Drug Law Enforcement Agency (NDLEA) have agreed to strengthen cooperation in the execution of their respective mandates in the country’s common interest. Director General of NIMASA, Dr. Bashir Jamoh, and Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Buba Marwa (rtd.), said this recently, when Jamoh paid a courtesy visit to Marwa. They admitted that success in the fight against maritime crimes and drug...

Satcom Direct (SD), the business aviation solutions provider, and MySky, the AI-powered spend management platform, announces the signing of an agreement with tax reclamation experts, VAT IT USA. The three-way strategic integration enables the companies to combine their expertise to deliver streamlined VAT and tax reclamation to mutual customers by leveraging each partner’s technology. The aggregation of the VAT IT tax recovery option with the MySky financial module, within the digital fli...

Unifeeder begins the new year with some exciting news. From 14th January 2022, Unifeeder Shortsea will be launching a new service linking Rotterdam to/from the ports of Dublin, Cork, and Belfast - with connections into the entire network of Unifeeder in Europe.  Quick booking process This new service in the Irish Sea offers an enhanced carrying capacity, as well as all-new routes between Rotterdam and key ports in Ireland, giving Unifeeder customers the benefit of connecting markets bet...

Tufail Chemical Industries and Maersk Pakistan signed a partnership earlier this week wherein Maersk would provide ‘Maersk Flow’, a digital tool, to Tufail Chemical to streamline and manage their supply chains efficiently. The partnership marks a significant step towards modernising logistics and improving supply chain performance with less time and effort. Tufail Chemical Industries conducts business with tech and appliance industries and has been importing plastic raw material, in...

The value of the competitively awarded contract could reach $101.2 million if all options are exercised. Under the docking selected restricted availability (DSRA) contract awarded, BAE Systems will dry-dock the ship, perform underwater hull preservation work, support the Navy’s efforts to upgrade the ship’s Aegis combat system and its command and control equipment, and refurbish the living spaces for the ship’s 285 crewmembers. The work is expected to begin in March 2022 and t...

Iridium Communications Inc. announced that Manjula Sriram has joined the company as Vice President & Chief Information Officer (CIO). Reporting to Chief Financial Officer Tom Fitzpatrick, Sriram is now responsible for leading Iridium's Information Technology (IT) organisation in implementing information systems to support both distributed and centralised business operations. Iridium® is the only mobile voice and data satellite communications network that spans the entire globe. Irid...

MetOcean Telematics (MetOcean), is pleased to announce that it has been awarded a five-year contract from the Canadian government to supply the Department of Defence (DND) and the Canadian Coast Guard (CCG) with its search and rescue (SAR) buoy, the Iridium Self Locating Datum Marker Buoy, iSLDMB. The MetOcean iSLDMB was developed 25+ years ago and has been providing Coast Guards and Defence agencies around the world with an easy-to-use and reliable buoy system that augments rescue efforts...

Rolls-Royce announces the completion of the sale of our Bergen Engines business to Langley Holdings plc for an enterprise value of €63m. The completion of the transaction, which was announced on 3 August 2021, follows the conclusion of work to separate the business from the Group. Sale proceeds of €91m from the transaction, together with €16m of cash held within Bergen Engines which has been retained by Rolls-Royce, will be used to help rebuild the Rolls-Royce balance sheet in...

The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced total digital manifest management regime for all vessels calling at all Nigerian Ports. The Physical transactions concerning Sailing Certificates and cargo manifest processing are being phased out completely as stakeholders are encouraged to fully embrace the Agency’s initiative by visiting the NIMASA portal. The Director General of the Agency Dr. Bashir Jamoh said that the automation is aimed at fur...

EasyShipping, a well-known international logistics service platform in China is joining forces with TradeLens – the global blockchain digital platform, to provide innovative ocean freight financing solutions for Chinese foreign trade and logistics companies. Cross-border trading is a pillar of the global economy and supply chains are a key component to enable cross-border trading. As the current global supply chain suffers from imbalance, tight resource allocation and low efficiency, most...

Nestled in the North Pacific Ocean and the largest of the Micronesian islands is Guam, an unincorporated territory of the United States of America (USA). There are two main drivers of trade in this island nation in the Pacific Ocean, the US military presence and tourism. The current population of Guam stands at about 170,000 people, with this number expected to increase slightly by 2024, as 5,000 US Marine personnel and their families will be relocated to Guam from Okinawa, Japan. Guam, a ke...

Evergreen Marine has worked with the Chang Yung-Fa Foundation to organise a number of charity activities in recent years, including One-Day Seafarer camps, an ocean painting contest, seafaring careers seminar, donations of books, and sponsorship of field trips. More recently, Evergreen Marine made a donation of 120 computers to Zhongxin, Meihua, and Waishe elementary schools in Taoyuan, and held a donation ceremony at the Chang Yung-Fa Foundation on November 9, 2021, to mark the occasion. Urba...

The Seafarers’ Charity congratulates their trustee, Natalie Shaw on the announcement that she will receive an MBE. This is an exceptionally well-deserved award. Natalie has a wealth of experience in the maritime sector, including in her current role, as Director of Employment Affairs, at the International Chamber of Shipping. She is a powerful advocate for seafarer safety and well-being. They are thankful to have Natalie as a trustee and delighted by the news that her commitment to seafar...

The next stage of Wightlink’s £1.5 million investment in the FastCat foot passenger route terminal, between Portsmouth Harbour and Ryde Pier Head, in the United Kingdom, starts on Wednesday, January 5, 2022. The timetable will stay the same, but there will be changes to the way customers can board the catamarans, in Portsmouth, United Kingdom, for the next three months, because of major structural repairs and maintenance at the terminal. FastCat terminal repair work Customers will...

The fleet of containers of FESCO Transportation Group ('FESCO', the 'Group') for the first time exceeds 100 thousand TEU. As of December 21, 2021, there are 109 thousand TEU managed by FESCO. In total in 2021 the Group acquired 11 thousand containers or 21 thousand TEU, most of them were sent for loading to ports of China for their further shipment on FESCO foreign trade lines. The remaining containers continue to arrive from the factory located in the Chinese city of Dalian. In 2022 within...

After the successful delivery of Scenic Eclipse, they are proud to share that Heinen & Hopman will deliver the HVAC and provision cooling systems for Scenic Eclipse II as well. The sistership of the world’s first Discovery Yacht will be built by MKM Yachts in Rijeka, Croatia. The scope of delivery is almost the same as the scope of Scenic Eclipse. Heinen & Hopman has finished the engineering and is currently taking care of equipment delivery. From January the technicians will...

Rolls-Royce is focusing on methanol as a fuel for climate-friendly shipping: Rolls-Royce business unit Power Systems is currently working on mtu engines for use with methanol. New four-stroke engines The new high-speed four-stroke engines, which are based on proven mtu technologies, are planned to be available to customers as soon as possible for use in commercial ships and yachts. Denise Kurtulus, the Vice President - Global Marine at Rolls-Royce Power Systems AG, said “With the new de...

Rolls-Royce has agreed to work with IHI Corporation, to develop and deliver a future fighter engine demonstrator. Rolls-Royce – IHI Corporation The engine demonstrator programme will be a critical step forward, in enabling the two nations – United Kingdom and Japan, to develop their future fighter aircraft requirements, potentially securing hundreds of future jobs in the UK and Japan. Work on the joint engine demonstrator will kick-start in early 2022, with the United Kingdom (UK)...

Carbon capture and storage (CCS) will be a key technology if the world is to meet the goals of the Paris and Glasgow agreements. Although the technologies and the industry are very much still emerging, a possible challenge is connecting capture sources to facilities for use or storage sites, especially where pipelines are not an option. As a result, CO2 transport ship technology will be needed if large quantities are to be safely transported at costs that are commercially viable. Most transport...

Mullion’s core business will always remain protecting people at sea. However, fighting climate change is a subject that is also dear to their hearts. Therefore, they are pleased to announce that their Romanian manufacturing plant, Siorom, has obtained the CO2-Neutral® label. They have reduced the plant’s carbon footprint and they support a forest conservation project. An external auditor, CO2logic, has calculated the corporate carbon footprint related to their Siorom activit...

Market sentiments continue to remain strong across major economies in West and Central Asia, driven primarily by strong demand for consumer products. Despite growing concerns over the spread of the Omicron variant of the COVID-19 virus, the region has seen varied reactions across the logistics sector, over the last month. A truckers’ strike created supply chain disruptions in Bangladesh, while in India, a dip in fuel prices brought welcome relief for both businesses and consumers alike....

As of 1 January 2022, Aarhus Logistics Center (ALC) changes its name to Blue Water Logistics, in order to optimise the port setup and continue increasing the efficiency of the activities for the benefit of customers and business partners. In 2013, Blue Water Shipping acquired ALC, which has been operated independently servicing new and long-time customers within logistics, stevedoring, and warehousing. “The change of name will not affect customer relations, cooperation agreements, or ser...

On behalf of Pakistan Customs, the Pakistan Single Window Company signs an agreement with TradeLens, a blockchain-underpinned logistics platform supported by 5 of the 6 largest ocean carriers globally, to digitise import-export documentation of the containerised cargo moving in and out of the country. Pakistan’s international trade ecosystem is being rapidly transformed through the introduction of technology-driven initiatives led by the Pakistan Single Window and the country’s auth...

Classification Society ClassNK will make electronic certificates and reports issued for ships as standard service from 30 January 2022. For the convenience of clients, ClassNK has been providing an environment in which documents can be used in electronic data upon request since the early 2000s for survey records and since 2017 for class certificates and statutory certificates issued on behalf of flag states. Electronification has become widespread due to its benefits in reducing the burden of h...

‘By perseverance, everything reaches its target,’ the saying goes. Yet another year is almost over, and the COVID-19 pandemic continues to challenge everybody’s patience and perseverance. Many probably thought they would be back to a more ‘normal’ situation by now, but unfortunately it seems everyone will have to persevere a while longer. All the more important it is now to acknowledge and celebrate some of the progress and milestones that are being reached in the...

At the 32nd session of the IMO Assembly (A 32) from December 6 to December 15, 2021, the Assembly adopted a resolution on comprehensive action to address seafarers’ challenges, during the COVID-19 pandemic, consolidating issues related to crew change, access to medical care, ‘key worker’ designation and seafarers' prioritisation for COVID-19 vaccination. The resolution urges IMO Member States to: Designate seafarers as ‘key workers’, in order to facilitate shore...

Crowley recently awarded cadets Justin Kern and Ryan Tobin of SUNY Maritime College with its Thomas B. Crowley Sr. Memorial Scholarships in recognition of their success and pursuit of maritime careers. A senior from East Islip, N.Y., Justin Kern is studying for a Bachelor’s degree in Marine Operations with a U.S. Coast Guard deck licence. Kern is an active member of the Coast Guard Club and the Coast Guard Auxiliary University Program (AUP), serving first as the club operations officer, t...