Corporate News

Cammell Laird, the UK’s premier shipbuilder, has welcomed the Prime Minister’s announcement that the construction of the new National Flagship will commence in 12 months, with the ship entering service by 2025. The Prime Minister’s announcement was accompanied by a visual of the new ship, which will be the first of its kind to be built and commissioned by the UK and will showcase British design, engineering and green technology. New national Flagship Cammell Laird is ready t...

HMM has announced that the company transported 23 TEU of containers, carrying medical oxygen supplies, since it started delivering COVID-related medical devices to India, on May 12, 2021. The medical oxygen supplies mainly include medical grade oxygen, oxygen tanks, oxygen bottles, oxygen concentrators, steel pipes to manufacture oxygen cylinders, and associated equipment. Medical equipment supply for India As part of collaboration efforts to reduce the spread of COVID-19 infection in India,...

Despite the ongoing pandemic, ferry company Stena Line has achieved another important milestone in its major new fleet investment programme with the ‘launching’ ceremony of the first new extended E-Flexer vessel in Weihai, China. The vessel was ordered in 2018 and the delivery is expected in 2022. For now, the name of the new vessel and the route on which it will operate are being kept a closely guarded secret by Stena Line. Stena Line is well underway in modernising its large Europ...

SITC International and Daxian Shipbuilding successfully held the signing ceremony of the new shipbuilding project through the "cloud signing" mode through video connection. Mr. Xue Mingyuan, Executive Director of SITC International and President of SITC Shipping Group, and Mr. Soo Keun Lee, President of Daxian Shipbuilding Co., Ltd. attended the ceremony and signed documents on behalf of both parties. Negotiation of contracts Under the circumstance that the epidemic hindered the face-to-face...

A.P. Moller – Maersk (Maersk), an integrated container logistics company, is supporting the society fight the second wave of COVID-19 pandemic in India by facilitating the logistics and supply chain of medical relief.   Maersk has offered its ocean transportation service to institutions and organisations participating in medical relief at a nominal rate of 1 USD per container. All commercial air freight shipments facilitated by Maersk India are being done on a zero-profit basis. Tr...

Wilhelmsen Ship Management (Wilhelmsen) is proud to announce the smooth and successful takeover of Ertuğrul Gazi, the first Turkish-flagged floating storage and regasification unit (FSRU) vessel. The new-build FSRU, built at Hyundai Heavy Industries, South Korea, is owned by the Turkish state-owned crude oil and natural gas pipeline corporation, BOTAŞ. Ertuğrul Gazi FSRU The newly built FSRU completed its sea trials in March 2021 and will operate in the İskenderun Bay The newly built FSRU co...

L & S Electric Inc. (L&S), headquartered in Schofield, Wisconsin, has appointed Goltens Company Ltd., Dubai Branch, and Goltens Singapore Pte. Ltd. as value-added resellers (VAR) for the Middle East and the African continent as well as the countries of Singapore, Bangladesh, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand, Vietnam, Australia, India, South Korea, Nepal, New Zealand, Pakistan, Sri Lanka, Taiwan. The appointment covers L & S lines of Governor Distri...

For several years, Blue Water Shipping has been active with different port-related services in Thyboron, on the west coast of Jutland. “In recent years, we have been involved in various projects. Seeing a future great potential, we have decided to open an office in the Port of Thyboron in cooperation with a local partner, Kynde & Toft," says Søren Stougaard from Blue Water’s Port Service Division. Major steel constructions Since its establishment in 1958, Kynde & To...

Yang Ming Marine Transport Corp. (Yang Ming) took delivery of one more new 11,000 TEU container vessel, ‘YM Tiptop’ (5/28) to further enhance Yang Ming’s operating competitiveness. The vessel will be deployed to Far East - South America service SA3 and provide efficient delivery service between Asia and East coast of South America. To further strengthen Yang Ming’s mid-to-long-term operational efficiency, the company ordered a total of fourteen 11,000 TEU new buildings t...

Until now, there have been no commercial drop-in solutions for replacing fossil gasoline to reduce high amounts of greenhouse gas emissions from conventional petrol cars, without investing into new vehicles or modifying the old ones. Neste, the producer of renewable diesel and sustainable aviation fuel (SAF) may be the first to have developed a renewable gasoline for such commercial use in the existing fleet. The final phase of testing is now beginning with the target to complete commercia...

Pharmaceutical supply chains are not in the business of delivering products. They are responsible for human wellbeing and delivering high-quality care to patients. For that reason, there’s nothing more important than reliability in pharma & healthcare logistics. In the current situation, the flexibility to respond to the reality of the task at hand is also paramount. For instance, a company may meet critical deadlines by flying its COVID-19 vaccine to those hit by another wave of th...

Neste, Mitsui Chemicals, Inc. and Toyota Tsusho Corp. announced that they are joining forces to enable Japan’s first industrial-scale production of renewable plastics and chemicals from 100% bio-based hydrocarbons. In this collaboration, Mitsui Chemicals will use Neste RE™, 100% bio-based hydrocarbons produced by Neste, to replace a part of the fossil feedstock in the production of a variety of plastics and chemicals at its crackers within Osaka Works during 2021. In doing so, Mits...

On May 20, 2021, Singapore -flagged Containership, 'X-Press Pearl' reported smoke from the cargo hold while at Colombo anchorage, Sri Lanka. Emergency procedures were initiated, and Co2 was released into the cargo hold. Port control and the local authority were informed, and Sri Lankan navy assets along with firefighting teams were placed on standby. Water spraying tugs On May 21, the vessel reported fire on deck. Firefighting tugs were deployed by the port authority and a helicopter providin...

Speaking on a panel at the Port of Houston’s Global Freight Summit on 19 May, Maersk North America Managing Director Narin Phol shared the company’s timeline, strategy and plans to decarbonise operations by 2050. “Decarbonisation is an important agenda for the industry and for Maersk. We are part of the problem and so must be part of the solution. Around half of Maersk’s 200 largest customers have set – or are in the process of setting – ambitious science-b...

The global pandemic has changed all lives, the entire world, and its supply chains. Still very much affecting families, friends and livelihoods, the industry is shifting from personal counters to digital doorways. What COVID-19 has amplified is the urgency in quick reactions to change, as well as the importance of contingency management, visibility and traceability.   At the beginning of March, Vincent Clerc, A.P. Moller - Maersk’s CEO of Ocean & Logistics spoke at the JOC Trans...

Starting in June 2021, CULINES will strengthen the Europe service AEX by providing more frequency from monthly to bi-weekly. To meet customers' demands in Asia-Europe Express Service (AEX service), CULINES will provide more space from June 2021, by upgrading the frequency from monthly to bi-weekly. In addition to the current two 4250TEU type vessels on AEX service, there will be two more vessels of similar size deploying fixedly on the AEX. Upgraded AEX service To provide tailor-made service,...

Often used, but so rarely achieved, ‘innovation’ remains a popular buzzword with big tech and the corporate elite, as well as the youngest of startups. Few would claim that the concept has become irrelevant, while many may argue that the true meaning of innovation could get lost if not used carefully and put into context.   To avoid this trap and get a very tangible impression of what grassroots innovation can do, Maersk recently organised its first-ever global hackathon. A we...

RCL announces the launch of a new shuttle service between Thailand and South China with its partner Mariana Express Lines. The service will call at Port Authority of Thailand (PAT) – Laem Chabang – Nansha – Shekou – Laem Chabang using 2 X 1,200 ship rotation. RCL will brand this service as "RBS". The maiden voyages The maiden voyages will commence 5 June 2021 on the southbound ex Nansha. Mariana Express Lines will initially deploy 2 X 1,200 TEU on the service with RCL...

In line with PIL's Intra-Asia network enhancement, it announces two new weekly services directly connecting South China to Thailand - China Thailand Service (CTS) & China Thailand Service 2 (CT2). It will be affected through slot arrangements with Mariana Express Lines (MELL) and Regional Container Lines (RCL), effective from June 2021. time-sensitive reefer cargoes These products will also enhance its connectivity between WCSA and Thailand, providing a more competitive service to PIL's c...

On May 13, 2021, the container ship - ‘Haifeng Haikou’ imported by Hainan Haifeng Shipping Co., Ltd. was officially put into operation. This ship is the first international ship registered in Hainan Free Trade Port from foreign nationality, since the release of the ‘Overall Plan for the Construction of Hainan Free Trade Port’ on June 1, 2020. It is also the first ‘zero-tariff’ import and international shipping ship. Efficient approval efficiency With the fu...

FESCO Transportation Group is expanding its domestic route network and has launched a new regular container train ‘FESCO Chita Shuttle’ going from the Terminal and Logistics Centre Bely Rast (Moscow) to Chita. FESCO Chita Shuttle service The service was used for the transportation of goods varying from consumer products to equipment The trains will depart once a week from the Bely Rast station, transit time to the destination – station Chita-1 – is 7 days. Th...

Hapag-Lloyd and Boris Herrmann have signed an official partnership contract for five years. The world-famous skipper and his corporate entity operating under the name of Team Malizia has the objective to raise awareness for the issue of climate change.Team Malizia gained notoriety in 2020 when Boris Herrmann competed in the Vendee Globe 2020 ocean race whilst carrying the message “A Race We Must Win” on the sails of his yacht. During its sailing missions, Team Malizia has collected...

The Maritime Safety Award is presented by the Royal Institution of Naval Architects (RINA), in association with Lloyd’s Register, to an individual, company or organisation, which has made a significant technological contribution to improving maritime safety or the protection of the maritime environment.  Smart Ropes and Line Management Plan (LMP) Wilhelmsen’s winning entry is their safer mooring solutions, consisting of Smart Ropes and LMP Wilhelmsen’s winning entry is...

  A.P. Moller-Maersk strengthens its contract logistics and distribution capabilities in Vietnam with three new facilities coming into operation in Song Than and Bac Ninh. These warehouses, together with the other 11 self-managed facilities in the country, will enhance Maersk’s logistics capacity for future growth in Vietnam. Increasing the footprint “Contract Logistics and Distribution is a crucial component in our customers’ supply chains. By connecting and simplif...

Kongsberg Maritime (KM) is pleased to announce the signing of a contract to upgrade three Hurtigruten Norwegian Coastal Express passenger vessels with comprehensive equipment packages for hybrid operation. The company aims to cut CO2 emissions from their operation along the coast of Norway by at least 25 percent. KM will collaborate closely with Norwegian shipyard Myklebust Verft on the refit. Upgrade features Each vessel will be fitted with two Energy Storage systems controlled via Kongs...

As A.P. Moller - Maersk. has delivered strong earnings and growth momentum during the last year and saw the strategy of becoming an integrated container logistics company validated, the company now stands ready to further efforts in building the three world-class divisions with strong synergies between them. All are embedded with a customer-centric, digital and value creation rooted mindset.   The message fell on the company’s 2021 Capital Markets Day. Here, Maersk will provide in...

  China Unicom Digital Tech, the subsidiary of China Unicom, the global leading telecommunication service provider, announced its partnership with TradeLens to enable its official commercialization in China, and ensure the provision of a fully integrated, real-time and consistent view of logistics data for containerized freight around the world.   TradeLens is a blockchain-enabled digital container logistics platform, jointly developed by A.P. Moller - Maersk and IBM. Collaboration...

Ocean Network Express (ONE) continues to expand its current refrigerated container (reefer) fleet by adding another 27,500 new units (including 850 units equipped with advanced Controlled Atmosphere (CA) technology) to meet the growing demand for refrigerated cargo around the world. This new investment comes on the heels of 5000 units (all 40’HC) invested by ONE in early 2020, which demonstrates its strong commitment to meet the demand for containerized reefer trade. Working towards carg...

A decade after refocusing its strategy on renewable fuels and plastics, Neste’s Q1 2021 results show that the company is on track in creating the change needed to build a more sustainable future. Over the last decade, Neste has become a major player in renewables. Its transformation from a regional oil refinery to becoming a globally renowned company in renewable and circular solutions speaks loudly about limitless curiosity, courage, hard work and perseverance. Neste – one of the...

In April 2021, SITC cooperated with Guangzhou Railway Group, China Railway Group, and Guangzhou Port to successfully ship the cross-border sea-rail intermodal containers from Vietnam-Guangzhou-European Sea Wire and Land Wire, and took the ‘MTR’ the first China-Europe train was dispatched to Europe on April 29. This cross-border business is a successful attempt to connect the ‘Maritime Silk Road’ and the ‘Land Silk Road’ to open up the cross-border sea-rail co...