AI - News

ZIM Integrated Shipping Services (ZIM) has announced the signing of a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd. According to the agreement, ZIM Integrated Shipping Services will charter three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, in order to serve across ZIM’s various global-niche trades for total consideration of approximately US$ 400 million. Charter agreement to construct vessels The vessels will...

The Nippon Foundation, Mitsubishi Shipbuilding Co. Ltd, a part of Mitsubishi Heavy Industries Group, and Shin Nihonkai Ferry Co., Ltd. have successfully completed a demonstration test of the world’s first fully autonomous ship navigation systems on a large car ferry, conducted on the Iyonada Sea from Shinmoji, Kitakyushuu City, on January 17. This demonstration was part of MEGURI 2040, a project promoting the development of fully autonomous vessels supported by The Nippo...

Lamor Corporation announced that the company has increased its efforts to serve customers in Norway, by establishing a Norwegian office, in January 2022. The local Lamor office is located in Straume, Bergen area, located in the west coast of Norway. Lamor Oil Spill Response solutions Lamor Corporation has had for many years a good dialogue and recurring projects with the Norwegian coast guard, Kystverket (Norwegian Coastal Administration), regarding Lamor Oil Spill Response solutions, and many...

The government of Benin has awarded a contract to Norwegian technology company, Vissim to deliver a coastal monitoring system designed for improved environmental monitoring and safer passage along Benin’s coastline and ocean area. The ultimate objective is to increase international trade with Benin. The contract is funded by Export Finance Norway. Vissim secures contract from Benin government The contract was signed at a ceremony in Cotonou, Benin, by Minister of Defence, Fortunet Alain...

Maritime UK partnered with EngineeringUK, as part of The Tomorrow's Engineers Code, to address the maritime sector’s future workforce skills and shared commitment to increase the number and diversity of young people entering engineering careers. Part of this partnership included Maritime UK, BAE Systems and EngineeringUK taking part in an online conversation, where they talked about the challenges facing the maritime sector and how this is going to impact future workforce skills. The Tom...

Shipping over 30% of Kenyan imports and 50% of the country’s export volumes, A.P. Moller – Maersk (Maersk) plays a key role in partnering with Kenyan businesses, in order to help them grow and expand to other markets. Expands landside offering in Kenya With over 300 employees in both commercial and operational functions, Maersk is also strengthening its organisation in Kenya to expand its landside offering, in order to further address customer needs and pain points, in line with it...

Almost two years on from the start of the COVID-19 pandemic, the world is still operating in testing times. Volatility and uncertainty continue to be seen across global networks, and the importance of the supply chain to the success of organisations has also increased, making operational resilience a vital need of the hour. In October 2020, A.P. Moller – Maersk (Maersk) had conducted a successful webinar that focused on the key steps for building supply chain resilience in the chemical in...

In the afternoon of January 14th, 2022, CULINES signed a partnership agreement with KUKA HOME at its Shanghai Operational Centre. Mr. Berton CHEN (Assistant President at KUKA HOME), Ms. Even BAO (Chairperson at TJI Freight Services), Mr. Kevin DING (Executive Vice President at CULINES), Mr. Hawk HUANG (Vice President/COO at CULINES), and other relevant colleagues attended the ceremony. Direct business communication Based on the pure values of ‘Doing Good Things, Making Good Friends.&rsq...

Notice is hereby served that an extraordinary general meeting of MPC Container Ships ASA (the ‘Company’) will be held on January 28, 2022, at 12:00 hours CET, at the Company’s offices at Munkedamsveien 45 A, N-0250 Oslo, Norway. The notice is attached hereto. Due to the COVID-19 outbreak, shareholders are encouraged to abstain from appearing in person, at the general meeting, but rather participate by means of advance votes or by granting a proxy. Shareholders not enrolled by...

The technology group Wärtsilä has signed a long-term Optimised Maintenance Agreement with Singapore-based NYK Shipmanagement. The 13-year contract is designed to ensure maximum uptime and equipment reliability, with assured maintenance costs, for an LNG carrier vessel featuring three Wärtsilä 50DF dual-fuel engines. The agreement was signed in November 2021. The agreement covers maintenance and planning support. It includes Expert Insight, which enables dynamic, data-driven...

To make sure the customers’ sustainability objectives are met, when transporting their products across the globe, A.P. Moller – Maersk has announced a more ambitious climate neutral target. The goal is to reach net zero greenhouse gas emissions, across the entire business, by 2040, one decade ahead of the initial 2050 ambition. Maersk's Net zero carbon targets Mads Stensen, the Senior Sustainability Advisor at Maersk, said “More than half of Maersk’s top 200 customers...

A.P. Moller - Maersk (Maersk) announces new aspiring emissions targets, expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway to limit global warming to 1.5°C. They include a societal commitment to act now and drive material impact in this decade, and a commitment to deliver net zero supply chains to customers by 2040. The targets go beyond previous efforts to reduce emissions related to the ocean fleet, as they cover all direct and...

Mediterranean Shipping Company’s (MSC) Chief Executive Officer (CEO), Soren Toft has highlighted the importance of working together, in order to achieve net decarbonisation goals, in a keynote digital speech delivered at DNV’s ‘Fuel of the Future Conference’, on January, 11, 2022, as part of the annual Nor-Shipping convention. In his speech, Soren Toft explained MSC’s views on the status of decarbonisation in the container shipping sector, summarised how the compan...

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...

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...

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...

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...

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...

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...

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...

Tokyo’s renowned classification society, ClassNK has released ‘PrimeShip-PSC Intelligence’, a mobile app to assist the improvement of ship management system and PSC performance, provided free of charge. The application is the mobile version of PSC Intelligence PC version for ship management companies, which was released in 2018. PrimeShip-PSC Intelligence mobile app The PrimeShip-PSC Intelligence mobile application has been developed for seafarers The PrimeShip-PSC Intellig...

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)...

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...

‘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...

Inmarsat, the renowned company in global, mobile satellite communications, is giving free connectivity to maritime crews around the globe that use its Fleet Hotspot service. Free connectivity to maritime crews Given the critical role that connectivity plays in crew welfare, Inmarsat will deliver 250 MB of free data to active Fleet Hotspot accounts on December 24, 2021.The seasonal gift will be automatically topped up to active crew accounts. The free 250 MB is available for a variety of conne...

Danish Defence Acquisition and Logistics Organisation has awarded Blue Water a new four-year contract – covering transport of military equipment with focus on USA, Canada and Europe. Further, the contract includes worldwide relocation services for personal property. Over the years, Blue Water has built a significant setup and wide experience in transport of defence equipment. Through existing cooperation with Danish Defence, they have provided transport and logistics services to the milit...