Finance - News

MetOcean Telematics is pleased to announce that they will be exhibiting at the Close Protection Conference 2022, in Las Vegas, Nevada, USA, from December 7-9, 2022. They look forward to sharing MetOcean’s new security products at the event. Close Protection Conference The Close Protection Conference is the largest and most influential global protective security industry event. The conference is hosted by the International Protective Security Board (IPSB), the only non-profit EP-centr...

Babcock is proud to be supporting one of the biggest student engineering events in Europe – Formula Student (FS) 2023. They’ll be joining hundreds of students at the kick-off event, Learn to Win, held at Coventry’s Manufacturing Technology Centre in a bid to attract the best next-gen talent. Innovative young engineers Babcock will return as the official FS Artificial Intelligence (FS-AI) Partner in 2023, and they are also supporting the Unmanned Aerial System (UAS) Challenge...

The World Ocean Council (WOC) is proud to welcome MSC Mediterranean Shipping Company (MSC) as its newest member. MSC Mediterranean Shipping Company is a globally renowned company in transportation and logistics, privately owned and founded in 1970 by Gianluigi Aponte. As one of the world’s major container shipping lines, MSC Mediterranean Shipping Company operates 675 offices across 155 countries worldwide, with over 80,000 employees. MSC joins WOC as new member MSC’s shipping lin...

MetOcean Telematics (MetOcean) is pleased to announce that they will be exhibiting at the NATIA Mid-Atlantic Chapter Training and Exhibition Fall 2022 in Pittsburgh, USA, from November 8-10, 2022.  NATIA 2022 It looks forward to showcasing MetOcean’s latest technology and connecting with partners and clients in the industry. Visit the MetOcean team at table 5. The National Technical Investigators’ Association (NATIA) is comprised of over 3,500 law enforcement, intelligence, a...

Prysmian Group and Giancarlo Pedote, Ocean Sailor and Skipper of the IMOCA Prysmian Group, together again for the Route de Rhum, one of the most prestigious events for sailing enthusiasts. The famous solo race - Route de Rhum will start on Sunday, November 6, 2022, from Saint-Malo and will end with the arrival in Guadeloupe. Route de Rhum Created in 1978, the Route de Rhum has become a classic of transatlantic solo races Created in 1978, the Route de Rhum has become a classic of transatlanti...

Matson, Inc. (‘Matson’; MATX) has announced that its subsidiary, Matson Navigation Company, Inc., a renowned U.S. carrier in the Pacific, has signed contracts with Philly Shipyard Inc. to build three new 3,600 TEU (Twenty-foot Equivalent Units - the standard unit of measurement for container capacity) Aloha Class containerships for an aggregate price of approximately US$ 1 billion. The first vessel is expected to be delivered in the fourth quarter of 2026, with subsequent deliveries...

The Odissey of the Seas cruise ship has made its first call in Valencia, Spain, as informed by the Port Authority of Valencia (PAV). Francesca Antonelli, the Head of Marketing and Cruises of the València Port Authority (PAV) has been in charge of handing over the traditional socarrat – the Valencian terracotta tile designed with maritime motifs that Valenciaport gives to the ships that dock for the first time at its facilities – to the ship’s Captain - Per Kristoffersen...

Representatives from maritime and energy organisations convened in Sydney in October with the aim of accelerating the development of a green corridor for the transportation of iron ore between Australia and East Asia (the Australia-East Asia Iron Ore Green Corridor) and identifying key actions to fuel the clean shipping of iron ore by matching emerging clean ammonia supply with industry demand. Net-zero-emission shipping solutions In June 2022, 13 members of the Getting to Zero Coalition and A...

‘Ultimate protection for flight crews operating in cold climates’ - that’s the premise of global Survival Technology solutions provider - Survitec’s upgraded multi-platform, Cold Weather Protection Ensemble, which debuted at the SAFE Association’s annual symposium in Mobile, Alabama, USA. Based on the Survival Technology company’s existing flight coverall, the upgrade includes a new high-insulation base layer, delivering an improved level of thermal protectio...

FESCO Transportation Group (‘FESCO’ or the ‘Group’) is expanding the geography of its container services between Russia and China – in addition to routes via ports of the Far East and railway border crossings the Group has launched a sea line along the Deep Sea through the Suez Canal and the Black Sea. FESCO Black Sea Service (FBSS) FESCO Black Sea Service (FBSS) operates on the route - Novorossiysk – Istanbul – Shekou – Ningbo – Shanghai &...

MAN Energy Solutions has announced that its portfolio of two-stroke, dual-fuel engines has passed more than 1,000 units on order or in service. The engines can run on a variety of alternative fuels, including LNG, methanol, ethane and LPG. The company notes that the new mark also comprises part of an even larger milestone of more than 2,500 Tier-III compliant engine orders. Two-stroke, dual-fuel engines MAN Energy Solutions’ dual-fuel journey began in 2011 with a full-scale demonstratio...

Barber Ship Management (Barber), a ship manager focused on the management of tankers owned by Wilhelmsen Ship Management and MPC Capital announces the appointment of Roine Ahlquist, effective from 1st Oct 2022. Roine’s appointment follows an extensive selection process that considered both internal and external candidates. He is based in Hamburg, Germany.  Roine's experience  With over 25 years of maritime experience, Roine held a variety of executive and senior leadership ro...

ABB has published another of its ‘Energy Transition Equation’ reports that shows how industrial customers can reduce carbon emissions and manage the energy transition for a more sustainable future. Based on nine months of research and modelling, the report highlights how early adoption and integration of automation, digitalisation, and electrification technologies to enable autonomous operations can deliver savings of over 300,000 tons of carbon emissions per annum for offshore site...

For the first nine months of 2022, container terminal of FESCO Transportation Group (“FESCO”, the “Group”) in Novosibirsk increased processing of containerised cargo by more than 13%, compared to the same period last year, to 86,000 TEU. Growth in comparison with the first nine months of 2020 is 27%. The main drivers of such increase in transshipment volumes were re-orientation of export flows from the North-West of Russia to the Far East and development of domestic cont...

Peel Ports Group (PPG) has announced it is launching a new ship-to-ship (STS) fuel transfer service on the River Mersey in partnership with Stanlow Terminals Ltd. The STS Transfers will enable larger ships to transport products directly from Tranmere to a wide range of international destinations. The new service will significantly save time and lower costs, allowing the import and export of much larger cargos than previously possible. New ship-to-ship (STS) fuel transfer service Previously, l...

Naval Ship Management (NSM), a Babcock company, has been selected as the Regional Maintenance Provider (RMP) West for Defence’s new Regional Maintenance Centre (RMC) West, servicing the Royal Australian Navy (RAN). The contract was formalised at a signing ceremony at HMAS Stirling, on Garden Island in Western Australia, on Thursday, 13 October, 20222. Naval Ship Management selected as RMP West As the RMP West, NSM will manage the sustainment of RAN ships at Henderson in Western Australi...

MetOcean Telematics is pleased to announce that they will be exhibiting at the International Workboat Show 2022, in New Orleans, LA from November 30 to December 2, 2022. International Workboat Show The International WorkBoat Show is a trade-only conference and expo for commercial vessel owners, operators and builders as well as the vendors and suppliers that serve them. They are looking forward to connecting with partners and attendees in the industry, and showcasing our latest MetOcean system...

Global Survival Technology provider - Survitec has been awarded a contract by Lockheed Martin to develop new flight equipment, as part of a capability upgrade for the mission proven F-16 in service with air forces worldwide. Survitec will leverage its 70 years of experience in the design and certification of high-performance functional garments to meet the safety and comfort needs of pilots operating the latest and most advanced F-16 configuration. F-16 Aircrew Flight Equipment The F-16 Aircr...

Wind power is one of the fastest-growing forms of renewable energy. Global demand for power from offshore wind farms is expected to change the way offshore operators and transfer providers consider workforce safety and how they procure critical Personal Protective Equipment (PPE). Survitec HeliPPE In the white paper exploring subscription-based rental and the future of offshore PPE, Survitec HeliPPE, the trusted PPE rental brand to the offshore wind industry, highlights how digital capabilitie...

NSSLGlobal announced its Gold sponsorship of the HMS OARDACIOUS rowing team as they take part in the world’s toughest ocean-rowing race - the 2022 Talisker Whisky Atlantic Challenge. Providing critical connectivity services, airtime, equipment, and essential support NSSLGlobal will enable the crew to remain in contact with their on-land support team, and families and also access daily essential meteorological reports as they row 3,000 miles across the North Atlantic. As one of...

MetOcean Telematics (MetOcean) is pleased to announce that they will be co-exhibiting at Expo Naval 2022 in partnership with Integrated Procurement Technologies (IPT) in Valparaíso, Chile, from November 29 to December 2, 2022. They look forward to showcasing their latest defence technology and connecting with attendees in the industry. MetOcean at Expo Naval 2022 Visit the MetOcean team at booth A061. Expo Naval 2022 is organised by FISA of the GL events Group. This international ex...

CULINES and Antong Holdings held an online ceremony and signed a Framework Agreement on Strategic Cooperation, aiming to further promote the dual circulation development pattern, enhance the long-term cooperation on European and Transpacific services, and integrate the shipping of domestic and foreign trades. Wei Wang (Party Committee Secretary and Chairman of Antong) and Raymond Chen (Chairman & CEO of CULINES) delivered speeches. Jianqiang Lou (Director & CEO of Antong) and Kevin Ding...

Rolls-Royce and Neste have signed a Memorandum of Understanding (MoU) to build a strategic partnership on the implementation of sustainable fuels for diesel engines. Both companies share a common vision - that sustainable fuels will play a key role in reducing greenhouse gas emissions in off-highway applications. The main components of the agreement are: promoting the use of existing internal combustion engines for sustainable fuels; advancing the transition from fossil fuels to sustainable fue...

The service will be an extension to the current Blue Water liner service through to Lihir, PNG, and will now offer customers a further solution into Lae. Steven Lofaro, Regional Director, Energy, Ports and Projects Oceania, sees a growing demand for cargo capacity, particularly for Breakbulk cargoes, in and out of Papua New Guinea. The Kumul service, operating with the MV Gala - a multipurpose vessel with a single lift capacity of 150 mt. enables Blue Water Shipping to provide a regular and eff...

Almost 600 workers at the Port of Liverpool are on their third walkout in a row over pay and Mersey Maritime CEO Chris Shirling-Rooke fears the dispute will drive away shipping lines. Tony McDonough reports. Big shipping lines could leave the Port of Liverpool for good if the current pay dispute is not resolved quickly. That is the warning from Chris Shirling-Rooke, chief executive of industry body Mersey Maritime, who fears long-term danger not just to the port itself but the wider Liverpool c...

Crowley has named Erika Graziuso as its new Chief Information Officer, a key step in the company’s commitment to providing customers with efficient and sustainable digital solutions, supporting supply chain integrity and maintaining global competitiveness alongside its partners. New Chief Information Officer In her new role, Erika Graziuso will lead Crowley’s information technology and digital transformation strategy with a key focus on digital solutions, cyber security and respons...

The much-awaited iconic Route du Rhum race is fast approaching. IEC Telecom will be providing its state-of-the-art satellite communication services to 40+ racing boats during their journey across the Atlantic. The event officially kicks off on October 25th, 2022 with the opening of the Villages in the City of Saint-Malo, France. The racing event will commence on November 6th, 2022 with 138 solo sailors setting sail for the historic port of Pointe-à-Pitre, Guadeloupe. Satcom products and...

Rolls-Royce is taking an important step towards a more climate-friendly future in construction equipment, industrial applications, agriculture and mining with the approval of mtu Series 1000, 1100, 1300, 1500 and 4000 engines for sustainable fuels. The mtu Series engines The mtu Series 1000, 1100, 1300 and 1500 engines – and therefore, the entire Rolls-Royce product portfolio for these applications – have already been approved for use with EN15940 paraffinic diesel fuels following...

Jelmer Domela Nieuwenhuis is the new director of Alphatron Marine Netherlands. Many relations already know him from previous positions, which he has fulfilled in the past two years at JRC | Alphatron Marine. The 49-year-old Jelmer Domela Nieuwenhuis is a maritime man in heart and soul, who attaches great importance to efficiency and safety in shipping. Already at the age of 14, he worked at Electro Nautic, his father's company. He was taught the profession with the proverbial spoon. After comp...

Neste has been selected as a finalist in the contest for the German Sustainability Award for companies 2023. With its ambitious sustainability vision and renewable solutions for the aviation industry, road transport, and polymers and chemicals, Neste was nominated for the final round. The winner will be announced and awarded at ceremonies taking place in Düsseldorf, Germany, on December 1 and 2. German Sustainability Award The German Sustainability Award recognises companies th...