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SBM Offshore CEO Bruno Chabas commented: “SBM Offshore delivered a good set of results during the first quarter of 2020, in line with expectations. The Company’s results, dividend track record and completed share repurchase exemplify SBM Offshore’s robust business model. At the same time, SBM Offshore is also impacted by the combined demand and supply crises in the oil and gas market and is taking measures to evolve and adapt with the uncertain dynamic market conditions."...

The recruitment company Universum conducts an annual student survey at 26 Norwegian educational institutions. More than 13,000 students have been asked to rank different companies by attractiveness. KONGSBERG is ranked on second place among engineering students, beaten only by Equinor who has topped the list for a number of years. When female engineering students are asked to pitch their preferred employers, KONGSBERG comes in 10th place, up two places from last year. Increasing support among...

Maritime VSAT technology should be reliable, simple to set up and straightforward to operate. Easily accessible, always-on communications have become part of everyday life at sea. However, the closer the onboard communications experience becomes to that found onshore, the less tolerant customers are of slow speeds and unreliable connections. Therefore, easy installation, commissioning and servicing, plus the reassurance of an extensive, dependable support network are pivotal considerations...

Wan Hai Lines is pleased to announce its plan to expand its existing service network between China and Southeast Asia by launching a new weekly service from Central China to Thailand & Vietnam on 15th May 2020. The service, named CTV by WHL and IAL, IA-98 by Sealand Maersk Asia will be operated with 3 vessels with an intake of 1,200 TEU. Comprehensive service coverage Wan Hai Lines will deploy 1 vessel while its partners Interasia Lines and Sealand Maersk Asia will operate the other two v...

Tokyo – Leading Classification Society, ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co., Ltd., for their concept design of a 180,000 DWT LPG dual fuelled bulk carrier, developed in cooperation with Mitsubishi Shipbuilding Co., Ltd. Approval in Principle (AiP) The AiP was granted to the concept design, based on ClassNK’s Guidelines for Ships Using Low-Flashpoint Fuels and its Rule Part GF (regulation for ships using low-flashpoint fuels), incorporating...

HMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo Shipbuilding & Marine Engineering)’s Okpo shipyard in Geoje, Korea. Distinguished guests attending the ceremony  About 160 distinguished persons attended the ceremony, including Moon Jae-in (President of the Republic of Korea), Hong Nam-ki (Deputy Prime Minister and Minister of Economy and Finance), Moon Seong-hyeok (Minister o...

After only 9 months post the construction began in June 2019, the chilled capabilities of A.P. Moller - Maersk’s own cold store facility in St. Petersburg, Russia, are operational, addressing the needs of a high-demand Russian market. In the near future, the St. Petersburg cold store facility will also offer freezing capabilities in a separate storage chamber for frozen produce (-25°C). Maersk’s cold store facility in St. Petersburg The first container to arrive at the new war...

As the COVID-19 pandemic continues across the globe, SBM Offshore has been adapting to this unprecedented situation, protecting its workforce and putting in place business continuity measures. SBM Offshore’s priority remains the health and safety of its staff, contractors and their families, ensuring safe operations across the Company’s activities at the same time. A dedicated task force continues to monitor the situation at all Company locations across the globe, on a daily basis....

The International Transport Forum (ITF) has announced the postponement of the ITF 2020 Summit, which was earlier scheduled to take place from May 27 to May 29, 2020. ITF 2020 Summit postponed The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany The world’s renowned transport policy event, ITF 2020 Summit, was slated to take place in Leipzig, Germany, under the theme of ‘Transport Innovation for Sustainable Development&rsq...

Hyundai Heavy Industries (HHI) established for the first time in Korea’s shipbuilding industry ‘Co-Prosperity Business Office’ under the direct control of its CEO, with an aim to build a new win-win business model with its partner companies.   For this, HHI expanded and reorganized the existing business unit responsible for supporting partner companies, led by a Senior Vice President-level Executive, into Co-Prosperity Business Office with three departments staffed with...

Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...

Following the cancellation of several global events including the Mobile World Conference in Spain, ITB in Germany, and the Geneva International Auto Show, the DIMDEX 2020 organizing committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. After extensive consideration, the organizing committee has made the difficult decision to cancel the event. Though the risk to the general public in Qatar remains low, the prim...

Following the cancellation of a number of global events, including the Mobile World Conference in Spain, ITB in Germany and the Geneva International Auto Show, the DIMDEX 2020 organising committee has been consulting with public health officials and the Government of the State of Qatar regarding the status of the event. DIMDEX 2020 event cancelled After extensive consideration, the DIMDEX 2020 organising committee has made the difficult decision to cancel the Doha International Maritime Defenc...

In support of international military collaboration and exchange, the organising committee of the Doha International Maritime Defence Exhibition and Conference 2020 (DIMDEX 2020) will host the Middle East Naval Commanders Conference (MENC), under the theme – ‘Resilience in the Maritime Domain - Confronting Asymmetric Threats’. The upcoming MENC edition will feature panel discussions that will once again address current multifarious naval security challenges. Under the auspices...

SBM Offshore is pleased to announce a EUR 150 million (c. US$165 million) share repurchase program, effective from February 13, 2020. The objective of the program is to reduce share capital and, in addition, to provide shares for regular management and employee share programs. Share repurchase program The Execution of the share repurchase program will be done under the terms of an engagement letter with a third party The repurchase program is expected to be completed within the year 2020, an...

The Norwegian Shipowners Association follows the development of the Corona virus (COVID-19) closely and has a good dialogue with its members, and other actors about the situation. A large number of people in China and elsewhere in the world have been infected, and more than 600 deaths have been reported. COVID-19 implications for shipping industry Norwegian shipping companies operate all over the world and are thus, directly affected by the development Norwegian shipping companies operate all...

Unifeeder is happy to announce that it is adding London Gateway as Hub Port to their UK East Coast port network. They will have a weekly service from Grangemouth and Teesport to/from London Gateway and further connections from this point to Antwerp and Dunkerque. The new service is an addition to Unifeeder’s existing port network, now connecting the UK East Coast (Grangemouth, South Shields, Teesport and Immingham) and the hub ports of Felistowe, London Gateway, Rotterdam, Antwerp, Dunker...

Inmarsat, the renowned company in global, mobile satellite communications, has launched a new video to demonstrate the potential of high-speed, always-on satellite connectivity, to revolutionise the use of digital technologies and remote access solutions onboard superyachts and ocean racing yachts. Remote connectivity solutions onboard yachts Yachts equipped with global, reliable satellite connectivity have access to a variety of cutting-edge applications Offering unique insight into the late...

Bolstering their joint commitment to the development of a secure national maritime infrastructure, the organizing committee of Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced Qatar Ports Management Company (Mwani Qatar) as a ‘Silver Sponsor’ for its seventh edition, which will return to the Qatar National Convention Centre (QNCC) in less than 100 days. DIMDEX 2020 will be held under the patronage of HH Sheikh Tamim bin Hamad Al Thani, Amir of the...

Intellian, the pioneer of mobile satellite communication antenna systems, has this week released the latest model in its new NX Series future-proof, performance-leading and low lifecycle cost VSAT antenna portfolio. The v130NX is the world’s first Ku-Ka convertible VSAT terminal with a 1.25-metre reflector, making it an ideal platform for high-speed global Internet on ships, offshore vessels, and superyachts. NX Series antennas The v130NX is a flexible system supporting Ku-band and Ka-b...

Vietnam’s sea transport sector continues to achieve steady growth, with goods transported by the country’s fleet reaching more than 81 million tons in the first half of 2019, a year-on-year increase of 16 per cent. Statistics from Vietnam Maritime Administration also indicated that in the same period, Vietnam’s ports handled 308.8 million tons of goods, up 13 per cent year-on-year. Changing tides in the global economy could further fuel this growth. Striving to become a mariti...

Satcom Direct’s (SD) reputation as a pioneer in providing game changing business aviation solutions was confirmed by the Asian business aviation community during this year’s Icons of Aviation Awards 2019, held on Saturday, November 2, 2019. Up against an elite business aviation line-up, SD was named Most Innovative Company of the year at the prestigious, black-tie charity gala event, held in Hong Kong. Hosted by the Asian Business Aviation Association, AsBAA, the awards recognise ex...

Shortly (2022), there will be 20 new vessels joining the fleet, and Wan Hai Line's carbon emissions are expected to be 34.5% lower compared to 2008. Meanwhile, to reach IMO’s target, Wan Hai Line plan to replace 22 vessels with new ones from 2023 to 2030 and these new vessels will be equipped with innovative engine technologies. In the other words, its vision for 2030 is a reduction of 41.5% carbon emission (which is in advance of IMO’s standard) compared to 2008. Let’s go gr...

West Coast Marine will be participating in the INMEX 2019 from 3rd to 5th October 2019 at the Bombay Convention and Exhibition Centre, Mumbai. Visit at Booth A49 from 10:00 AM to 06:00 PM. About INMEX SMM INMEX SMM India is well attended by industry leaders, key decision-makers, government agencies, and key trade associations, making it an unequivocal platform to network, explore new business opportunities, and unveil services and products. Running alongside this international exhib...

Alfa Laval PureSOx Water Cleaning System (WCS) gives customers the option of scrubbing in closed-loop, either by choosing a fully-equipped hybrid system or by installing a hybrid-ready system, which can be upgraded for closed-loop operation later. PureSOx water cleaning system The local bans on open-loop scrubbing have intensified the interest in hybrid scrubber solutions With the launch of a modular new PureSOx water cleaning system by Alfa Laval, these possibilities become even more attract...

GreenSteam, the global supplier of vessel-based machine learning solutions, and Unifeeder, the largest, Pan-European feeder and short-sea operator, are expanding their partnership to pave the way for sustainable shipping. The Climate is a hot topic, which is why we need to find new sustainable ways to create energy. GHG emissions caused by vessels have long been a major challenge facing the modern shipping industry. Shipping strategy to focus on reducing annual GHG emissions Vessels are still...

The Bureau of Fisheries and Aquatic Resources (BFAR) said Monday it will begin installing trackers on big commercial fishing vessels by year-end for real-time monitoring of fishing activities in Philippine waters. BFAR Assistant Director for Administrative Services, Sammy Malvas said Monday each of the 5,000 big commercial fishing boats will have a monitoring device called transponders, which would also act as wireless communication devices. Vessels’ real-time location Unlike the existi...

Pacific International Lines (PIL), Singapore’s containership operator, is proud to be part of Singapore’s 54th birthday celebrations by sponsoring 102 20-foot GP containers for the 2019 National Day Parade (NDP). The 102 containers will be used for delivery of goods from different vendors to the parade venue at the Padang, and ensuring the safe storage of NDP props and NDP fun packs. Home-grown shipping line Mr Teo Siong Seng, Executive Chairman and MD of PIL said: “PIL is h...

Global shipment management software solutions provider, CargoSmart, announced the execution of Global Shipping Business Network (GSBN) Services Agreements with maritime industry operators CMA CGM, COSCO Shipping Lines, COSCO SHIPPING Ports, Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group. Under these agreements, each signatory commits to provide resources to support preparatory work required to establish the GSBN, a not-for-profit joi...

In line with the team’s continuous efforts to monitor and analyse maritime and defense trends, the organising committee of DIMDEX, led by Chairman Staff Brigadier (Sea) Abdelbaqi Al Ansari, have attended MASTAsia 2019 (Maritime/Air Systems & Technologies), the only international defense show in Japan, which took place from 17-19 June in Tokyo. Key decision-makers DIMDEX’ Chairman Staff Brigadier (Sea) Abdelbaqi Al Ansari, said commenting on the visit to MASTAsia 2019: “DI...