Finance - News

The latest addition to Amer Shipping's fleet in Raamsdonksveer is the dry-cargo vessel 'Adriana Maria', a multi-purpose ship, even at low water levels. This is thanks to the innovative 'CDS 110' hull design by Concordia Damen and based on the Parsifal tankers previously developed by the yard. The 110-metre vessel can also carry 200 tonnes more cargo compared to similar vessels.  'CDS 110' hull design During the official sea trial on 8 February, the high expectations were met: the hull de...

Regional cluster organisation, Mersey Maritime, are delighted to announce the appointment of Phil Waterhouse as their new Chairman. The Group Corporate Affairs Director for APCL, and former Royal Navy Regional Commander for Northern England, has stepped up from Board Member to Chairman following the departure of former Chair, John Hulmes. Service and logistics expertise With an illustrious career background, Phil brings unparalleled experience and leadership to the helm With an illustrious...

The purchase of the Irish Navy’s biggest ship in its history, which will respond to humanitarian crisis, is set to move a step forward as information documents are to be issued across an EU platform. The project has been in planning in the Department of Defence for many years, but stepped up a gear with the recent Commission on the Defence Forces. Sources have said the ship is anticipated to have a helicopter landing area on board, as well as other possible facilities, such as a roll-on-r...

International Marine Contractors, Leask Marine Ltd have taken ownership of their latest new vessel, MV ‘C-HORIZON’, a Neptune Marine built DP 1 EuroCarrier 2611. The vessel is 26 m long, 11 m wide and is a Tier III compliant vessel specifically designed for a diverse range of roles supporting the offshore marine renewable sector. Leask Marine acquires DP 1 EuroCarrier 2611 vessel Douglas Leask, Managing Director of Leask Marine Ltd said “We are particularly pleased to have p...

In a joint effort between the United Kingdom and the United States, the UK Ministry of Defence’s Salvage and Marine Operations, or SALMO, the unit successfully conducted a survey of the historic World War One wreck of USS Jacob Jones (DD-61). The operation carried out at the behest of Naval History and Heritage Command, or NHHC, and with pivotal support from the U.S. Embassy in London, led to the recovery of a key artefact—the ship's bell. USS Jacob Jones, sunk by German submarine&n...

Todd Weatherby (58) has been appointed as Chief Executive Officer (CEO) of Siemens Advanta, leading the professional services and consultancy business as of March 1, 2024. Todd has held leadership roles in product management, business development and sales with several technology companies including Oracle, Microsoft and Amazon. He launched Amazon Web Services ProServe and led its impressive growth for a decade from 2012. Deep expertise in the professional services space Cedrik Neike, CEO Si...

Gibdock, a pioneering ship repair yard, is proud to announce the appointment of Mr. John Barnard to its team. With over 15 years of experience in the ship repair and ship building industries, John's wealth of knowledge and leadership will play a pivotal role in advancing Gibdock's capabilities. A graduate from the University of Southampton with a Masters degree in Ship Science in 2008, John began his career as a Naval Architect at Cammell Laird in the UK. His journey in the maritime sector has...

Tokyo-based classification society, ClassNK has introduced e-learning courses offered through its training and education service, ‘ClassNK Academy’. The courses are designed to impart foundational and technical knowledge essential for professionals and stakeholders in the shipping and shipbuilding industries. The initiative begins with four key courses. The introductory course delivers a broad overview of the shipping and shipbuilding sectors, suitable for newcomers to the industry....

Seabound, the UK-based pioneer in carbon capture solutions for the shipping industry, has successfully tested its novel carbon capture technology on a commercial container ship. This development is a much-needed step in accelerating the decarbonisation of the shipping industry. This sector currently contributes to ~3% of global emissions and is considered one of the hardest to abate.  Calcium looping The successful pilot marks a turning point in Seabound's mission to tackle the climate c...

Construction has begun on a new Applied Shipbuilding Academy at BAE Systems’ Scotstoun shipyard on the banks of the River Clyde in Glasgow. The Academy will comprise of a Modern Trade Hall and a Flexible Learning Hub. The Academy will support the development of the entire workforce, from apprentices to senior leaders, and forms part of the Company’s ongoing commitment to develop future talent. New Applied Shipbuilding Academy in Glasgow A historic industrial building will be retro...

Major retail industry figures are urging the sector to import goods via UK ports closer to their end destination, in a bid to reduce carbon emissions and inefficiencies across the country’s supply chain. The call comes as 90% of deep-sea containerised cargo enters the UK via southern ports, despite 60% of these goods being destined for the north. This creates the need for long road journeys, across UK roads, to get retail cargo to its end destination, generating significant greenhous...

Bolidt has secured its first order to supply and install decking and flooring for the Japanese cruise and ferry market, after a breakthrough order covering the NYK Cruises ship - Asuka III. Currently under construction at Meyer Werft’s shipyard in Papenburg, Germany and due delivery in Q2 2025, the 229-metre length Asuka III was the first cruise ship ordered following the onset of the COVID-19 pandemic. Accommodating up to 744 guests, the luxury ship will run on liquefied natural gas and...

At a recent ceremony in Copenhagen, MAN Energy Solutions and C.C.JENSEN (CJC®) – the global company in oil maintenance – signed a cooperation agreement regarding the promotion and sales of CJC products by MAN PrimeServ, MAN Energy Solutions’ after-sales division. Kim Kjaer, Global Segment Manager, signed the agreement on behalf of CJC; while Serghei Nastas, Head of PrimeServ Omnicare, Marine & Power, represented MAN Energy Solutions. C.C. JENSEN and MAN Energy Solutio...

Babcock has been awarded a new five-year contract by the UK Ministry of Defence (MOD) to continue providing in-service support for the Royal Navy’s Ships Protective Systems (SPS) equipment. The contract consists of degaussing, cathodic protection, and active shaft grounding to ships and submarines, restricting the rate of hull corrosion and reducing their magnetic signature to make them less susceptible to magnetic mines. Babcock attains in-service support contract Babcock’s conti...

ERMA FIRST, a major sustainable maritime solutions provider, has become a signatory of the EU Mission Charter targeting the protection and restoration of regional waters by 2030. The Mission – one of five EU Missions within the Horizon Europe research and innovation programme – aims to 'protect and restore the health of the ocean and waters through research and innovation, citizen engagement and blue investments'. As a signatory to the Mission Charter, ERMA FIRST will attend the M...

Brunvoll has been chosen to deliver all propulsion, manoeuvring, and positioning systems for a 24-meter service vessel for aquaculture. The vessel is designed by NSK Ship Design and will be built at Havyard Leirvik for handover to ship owner - Nordlaks in 2025. For a vessel that will operate 24/7, it is vital to minimise overall noise and vibration, and the Brunvoll Low-Noise thruster was the preferred choice. Compact service vessel The new compact service vessel for aquaculture will become p...

DNV has quantified the gains that owners of liquefied natural gas (LNG) carriers could expect to achieve using the new Dual Fuel, Electric+ (DFE+) solution developed by ABB and MAN Energy Solutions. Comprising MAN’s four-stroke 49/60DF dual fuel engine and ABB’s Dynamic AC power distribution and control system, the solution has been developed to overcome efficiency challenges that are specific to the vessel type.  Machinery space requirements DNV’s Maritime Advisory as...

Babcock has been awarded a configuration management contract for the Royal Navy and the Royal Fleet Auxiliary surface ship fleet. The five-year contract, awarded by QinetiQ, on behalf of the Ministry of Defence (MOD), under the Aurora Engineering Delivery Partnership, will see us continue with the responsibility for the Surface Ship Definition Database (SSDD)–a tool for the management of platform-related data. Operation of the Master Record Data Centre (MRDC), the core facility for...

On January 30, 2024, PT Wintermar Offshore Marine Tbk entered a strategic venture through a 49% stake in SAVWIN Sdn Bhd with a Brunei-based partner. Through this partnership, Wintermar will have an advantage in tendering for longer-term contracts in Brunei which favour local content. Fast Multi-Purpose Supply Vessel Savwin Sdn Bhd will initially operate a Fast Multi-Purpose Supply Vessel which is currently on a long-term contract in Brunei until 2027. This initiative signifies the strategic e...

Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual-fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within Europe. As one of the world’s largest container shipping companies and a key customer of X-Press Feeders, the agreement by...

  Boudewijn Siemons (59) has been appointed CEO of the Port of Rotterdam Authority effective 1 February 2024. He succeeds Allard Castelein, who took leave of the Port Authority last summer. Since then, Siemons has served as CEO on an interim basis in addition to his position as COO. The Executive Board of the Port Authority now consists of Boudewijn Siemons (CEO and interim COO) and Vivienne de Leeuw (CFO). The process of looking for a new COO has begun. Excellent abilities...

 Viasat, Inc., a global pioneer in satellite communications, announced Applied Satellite Technology (AST), a pioneering global innovator in satellite communication solutions, has joined its ELEVATE program. ELEVATE is a growth program, ecosystem and marketplace for ambitious IoT solution providers, connectivity wholesalers, enablers and OEMs who want to work with Viasat to use its network and footprint to scale. As an ELEVATE partner, AST will provide globally trusted connectivity solutions tha...

International charity, Mercy Ships returned to Madagascar to bring transformative surgical education and free, life-changing surgeries.   Freshly refitted hospital ship, the upgraded Africa Mercy® has arrived at the island nation to build on the charity’s long-standing collaboration and will provide specialised surgeries in various fields, including maxillofacial and ear nose and throat, general, pediatric specialised general, pediatric orthopedic, cataract surgery, and reconstru...

The first employees kicked off work for the New Energy Taskforce (NET) this January at the Port of Rotterdam, to support companies in tackling grid congestion. The Taskforce is led by Roger Knubben, who brings more than 25 years of experience in transition and strategy, including in the energy sector. New Energy Taskforce New Energy Taskforce is an initiative of the Port of Rotterdam Authority in collaboration with grid operators The New Energy Taskforce is an initiative of the Port of Rotte...

Babcock has been awarded a contract for additional work on the South Korean Navy’s submarine programme. The seven-year contract, awarded by Hanwha Ocean, is to manufacture and install the weapons handling launch system (WHLS) on Boat 6 of the Jangbogo-III class boat. Babcock secures WHLS contract Key elements of the WHLS will be designed and produced in the United Kingdom (UK) Boat 6, namely ‘Jangbogo-III Batch-II Boat 3’, along with the rest of the class, will use their pr...

Ireland’s largest bulk port Shannon Foynes and the port of Rotterdam – Europe’s largest port – have signed an agreement with a view to developing a supply-chain corridor for exporting green fuels into Europe produced from the west of Ireland’s limitless wind resource. The agreement will focus on market and trade development for vast volumes of green hydrogen and its derivatives produced at the planned international green energy hub on the Shannon Estuary. The Memor...

NIBCO INC. has announced the promotion of Lisa Lyon to Webstone general manager, with responsibility for overseeing all aspects of operations for the Webstone business unit of NIBCO. “Lisa has been instrumental in aggressively expanding the Webstone product portfolio since NIBCO acquired the company,” said Ashley Martin, president and COO, NIBCO. “She demonstrates great passion and knowledge for the industry, and we are confident that she will meet and exceed the goals establi...

P&I Club’s head of external affairs will discuss major events with pioneering experts in the weekly Alongside: Future Thinking podcast series. Pioneering P&I Club NorthStandard is launching a weekly podcast mini-series that will discuss the most pressing current geopolitical issues for the maritime industry. Key geopolitical developments NorthStandard Head of External Affairs, Mike Salthouse, will be hosting Alongside: Future Thinking, joined by experts from across the shipping...

Peel Ports Logistics has signed a deal to become renewable energy specialist Drax’s new shipping agency service provider for vessels importing biomass into Liverpool. The leading shipping and freight forwarder will support the arrival of all Drax’s ships from locations such as North America into the Port of Liverpool’s £100m biomass terminal. The renewable fuel is then transported to Drax Power Station, near Selby in North Yorkshire, the UK’s single largest genera...

The year 2024 marks a milestone in the acceleration of digitalisation in shipping – the mandatory ‘Maritime Single Window’. The requirement under the Convention on Facilitation of International Maritime Traffic (FAL) requires Governments to use a single digital platform or ‘Maritime Single Window’ to share and exchange information with ships when they call at ports, since 1 January 2024. This will streamline procedures to clear the arrival, stay and departure of s...