Finance - News

From the 15th of August, Unifeeder’s customers will enjoy a direct vessel connecting Antwerp and Dunkerque with Teesport and Grangemouth, in the United Kingdom (UK). Unifeeder is pleased to inform the users about their new service, which will be added to the extensive master schedule. From August 15th, they will initiate a new service connecting Teesport and Grangemouth with Antwerp and Dunkerque. This service is in addition to their present services connecting Immingham, Teesport, South...

The Singapore Maritime Foundation (SMF) has partnered with leading international shipping companies Pacific Carriers Limited (PCL) and Pacific International Lines (PIL) to enhance the attractiveness of maritime jobs through a job redesign pilot. The project will seek to: Demonstrate the feasibility and benefits of job redesign in maritime to enhance their attractiveness to the talent pool amid a competitive market; Provide analysis and recommendations for future job redesign implementatio...

Unifeeder enters into a unique transport agreement with Greencarrier, Green Cargo, and Ranheim Paper & Board. The agreement includes transport of paper from Trondheim, via the port of Drammen and Rotterdam, to Vienna in Austria by shortsea instead of a truck. Assistant Port Director at Drammen Port; Ivar Vannebo, informs that the new agreement reduces the use of the truck, between the paper mill at Ranheim and the Vienna printing plant, from 2400 kilometres to just 24 kilometres. Sustainab...

The Unifeeder Group (‘Unifeeder’), the largest Pan-European feeder and shortsea operator, announces the signing of the agreed acquisition of Unifeeder by DP World, an enabler of global trade and an integrated supplier to numerous supply chains, who operate multiple yet related businesses – from marine and inland terminals, maritime services, logistics, and ancillary services to technology-driven trade solutions. Under its new ownership, Unifeeder will benefit from DP World&rsq...

Spire Global, Inc., a global provider of space-based data, analytics, and space services has announced that it has appointed Joan Amble to the company’s Board of Directors. In her new role, Joan Amble will work with Spire Global’s leadership team, in order to implement the best practices, as the business continues to quickly scale. New Board of Directors member Peter Platzer, the Chief Executive Officer (CEO) of Spire Global, Inc., said “Joan embodies the very relentless, un...

The most environmentally friendly marine incinerator is making an impact in the marketplace. Another milestone for the new incinerator, X10 TITAN, is reached. The market has indeed welcomed this incinerator and the company’s order book is counting more than 50 plants since the introduction about 18 months ago. Especially the large international Chinese shipyards have received the X10 TITAN well and already ordered X10 TITAN for containerships, LNG carriers, and tankers. Designed for mo...

Maritime UK, the umbrella body for the maritime sector, has welcomed The Seafarers’ Charity as the latest organisation to join the Diversity in Maritime Charter. The Seafarers’ Charity has the vision to create a world where seafarers and their families are valued and free of need and disadvantage. They’ve been working towards this goal since 1917 when they originally launched as the King George’s Fund for Sailors. Seafarers’ Charity The Seafarers’ Charity i...

London Medway, part of the Peel Ports Group, has reported a substantial increase in trade on its unaccompanied freight service between the UK and France in recent weeks amid ongoing Dover delays. The cross-channel service, which is run by DFDS, has witnessed a 34 percent increase in units in the last fortnight as congestion issues continue to plague South East ports. The rise in demand for the service, between Sheerness and Calais, has seen individual vessels recently carrying more than 200 uni...

Through a new partnership with Hapag-Lloyd, a global liner shipping company, Forto has launched a biofuel program for ocean shipping customers who seek to reduce their transport emissions. Customers booking full container load (FCL) sea freight shipments with Forto can now add the use of advanced biofuel to their bookings, effectively reducing 100% of their transport’s greenhouse gas emissions. As Hapag-Lloyd has extended their biofuel strategy to work with selected key partners, Forto ha...

International Container Terminal Services, Inc. (ICTSI) is empowering port users to make better, more timely business decisions with the launch of the ICTSI App, a tool that gives port users access to the Company’s newest digital services. ICTSI’s latest innovation grants port users real-time access to critical logistics data across ICTSI’s global operations. Using the app, port stakeholders can monitor trucks, containers, and vessels, as well as view payment estimates from co...

Global service provider - Goltens Worldwide has been appointed by UK-based maritime technology specialist - Emsys Maritime Ltd as an authorised sales, installation, commissioning, and after-sales service partner for its Emsys-iS Marine Emissions Monitor and Emsys-PM Smoke Density Monitor products. The agreement applies globally except for the country of South Korea. Robust CEMS solution Roy Strand, the Chief Operating Officer (COO) at Goltens, said “In order to satisfy increasing in...

As a long-time vessel operator of Intra-Asia service, after entering into the Asia-Europe liner service in February 2021, CULINES set up the Trans-Pacific Express service in July 2021, linking China to the West Coast of the U.S. TP 2.0 version Entering mid-2022, CULines launched TP 2.0 version, signing a long-term agreement with LA TraPac terminal (Trans Pacific Container Service Corp.) in May and obtaining dedicated berths. CULINES also deployed seven 4250 TEU vessels to upgrade the TPC serv...

Ocean Wise are proud to announce a recent contract win with the Port of Tyne, in the United Kingdom (UK), to provide an environmental monitoring solution to support operational decision making across the Port of Tyne’s jurisdiction. New monitoring equipment The project involves installation of new monitoring equipment, as well as integration with a suit of existing sensors, in order to deliver ongoing, accurate and reliable, real-time tide and weather data. The Port of Tyne is one of UK...

Crowley has chosen international business sustainability ratings provider EcoVadis to assess its value chain for its suppliers’ environmental, social and governance (ESG) impacts. A global provider of supply chain solutions, Crowley is the first U.S.-based company in maritime and logistics to partner with EcoVadis on its value chain solutions. Leveraging EcoVadis’ unparalleled technology capabilities, Crowley and its supplier-contractor base will be able to receive assessments of th...

Oceania Cruises, the globally renowned culinary- and destination-focused cruise line, has revised its SailSafe Health and Safety protocols to be simpler, easier and offer all travellers an open door to explore the world. Effective from September 3, 2022, for all sailings embarking from that date forward, vaccinated travellers will no longer need to test to embark a sailing and unvaccinated travellers may embark by providing proof of a negative antigen or PCR test, taken no more than 72 hours...

27% of vessels fail to arrive within 24 hours of their published Estimated Time of Arrival. This lack of accurate AIS-based data puts pressure on ports, hampers logistics, and pushes up costs. This could soon change, however, due to transformative new analytics from Lloyd’s List Intelligence, the maritime data experts, trusted by more than 60,000 professionals across the globe to power their decisions in operations, compliance, and risk management. Predictive Fleet Analytics Predictive...

PT Unilever Indonesia an FMCG company in Indonesia that has been operating for more than 85 years with various well-known brands that are close to the Indonesian people for products that are used daily, ranging from soap, shampoo, packaged food and others. Recently collaborated with PT Salam Pacific Indonesia Lines (SPIL), the pioneer logistics shipping company with more than 40 branches throughout Indonesia. The collaboration is in the IT field, where both companies are committed to implement...

Artemis Technologies states its commitment to increasing diversity in the maritime sector with landmark signing of the UK’s Women in Maritime pledge. The significant milestone comes as the world pioneer maritime design and applied technologies company welcomes new female engineer as the 70th employee of its Belfast workforce. Gintare Vaiciuvenaite, a former student of the University of Edinburgh, joins Artemis as a Graduate Embedded Software Engineer and will work on the further developme...

Pacific International Lines (PIL) is proud to once again contribute to Singapore’s National Day celebrations, by sponsoring a total of 102 containers, comprising 91 20-foot GP containers and 11 20-foot refrigerated containers for the 2022 National Day Parade (NDP), which will be held on Aug 9, 2022. Mr. S.S. Teo, the Executive Chairman at Pacific International Lines (PIL), said “PIL is privileged to join in the celebrations of Singapore’s National Day on 9 August 2022. Thi...

Neptune Energy has announced the award of a £10 million three-year vessel services contract to Sentinel Marine, in order to provide offshore support for its operated Cygnus gas field in the UK southern North Sea. The contract, awarded following a competitive tendering process, will see Sentinel Marine continue to deploy its Multi Role, Emergency Response & Rescue (MRERR) vessel, Cygnus Sentinel, on the gas field. The vessel will also support an upcoming drilling campaign on the Cygnus...

National Maritime Development Group announced the Cumbria County Council are seeking to award a tender for the design, build, launch, installation, commissioning, and acceptance of the new ferry, and associated elements. The land-locked nature of Lake Windermere introduces several requirements and constraints specific to the new ferry. Tender for the design and build of new ferry The new ferry is to have increased car capacity, increased operating capability, improved passenger facilities and...

Eco Wave Power announced that the energy conversion unit, formerly deployed in Gibraltar, is officially on its way to AltaSea at the Port of Los Angeles, set to arrive in September 2022. This will be the first U.S. location for Eco Wave Power’s technology, which is already deployed in Israel and plans further deployments in Spain, Portugal, and other locations, completing the Company’s 327.7 MW project pipeline. Eco Wave Power entered a collaboration agreement with AltaSea earlier a...

ClassNK has opened a new exclusive surveyor office in Rome, Italy with operations beginning 1 August 2022. Responding to the recent increase in the number of surveys and audits required in the southern part of Italy and Malta, ClassNK opened its newest office in Rome, located at the center Italian Peninsula, and will provide more efficient service in these areas. ClassNK will continue to improve its worldwide survey offices network in order to meet its clients’ requests and provide timel...

International shipping accounts for approximately 3% of global Greenhouse Gas (GHG) emissions, and this will increase in a business-as-usual scenario. To decarbonise the maritime industry, there will be a massive need for green fuels and associated technologies. In particular, scalable zero-emission fuels (SZEF) such as green hydrogen and green ammonia are considered the most promising fuels for shipping’s energy transition. Author's quote “In the past years, the global maritime i...

Maersk successfully completed the first India-Bangladesh cross-border logistics of containerised cargo using the inland waterways of the Indo-Bangladesh Protocol Route for Coca-Cola Bangladesh Beverages. By transporting 50 containers (TEUs or Twenty Feet Equivalent Units) from Kolkata in India to a river port near Dhaka in Bangladesh on a barge on the National Waterways 1 on the India side, Maersk has created a new opportunity for customers to use the faster, more reliable inland waterways solu...

SBM Offshore is pleased to announce it has completed the project financing of FPSO ONE GUYANA for a total of US$1.75 billion. The project financing was secured by a consortium of 15 international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. Project loan The financing will become non-recourse once the FPSO is completed and the pre-completion guarantee has been released. The project loan is in line with the duration of the...

Ingeteam has started manufacturing the first units of its new INGECON H2 C-lyzer converter in Sesma (Navarre), for the Green H2 sector. The first orders for the green hydrogen converters will be installed in Belgium, California (in the United States of America - USA) and Bizkaia (Spain). INGECON H2 C-lyzer converters Ingeteam’s INGECON H2 C-lyzer converters are responsible for supplying direct current Ingeteam’s INGECON H2 C-lyzer converters are responsible for supplying direct c...

Mersey Maritime is delighted to announce the appointment of Commodore Phil Waterhouse to its management board with immediate effect. Commodore Waterhouse is the Naval Regional Commander for Northern England and the Isle of Man. As such, he is the First Sea Lord’s Ambassador for the region, with the task of ensuring that the work of the Royal Navy is understood, respected and valued by the community it serves. He has been in this role since 2017. New appointment in Mersey Maritime Board...

On 13th July 2022, the Chairman & CEO of CULINES Mr. Raymond Chen visited Saigon Newport Corporation (hereinafter referred to as SNP) with team members of Network Planning & Cooperation, Trade, and Operation. President - Mr. Thuan and Vice President - Mr. Quy of SNP, along with Department Directors welcomed CULINES and held a meeting. During the meeting, the two parties exchanged ideas on deepening cooperation in areas such as shipping and value-added logistics services. Both will as al...

SCH’s (Southampton Cargo Handling Plc) sister company - Cruise and Passenger Services Ltd (CPS) has expanded its cruise parking operations in Liverpool, United Kingdom (UK), with the acquisition of a new secure compound for passenger vehicles. The site located adjacent to Liverpool Cruise Terminal (LCT) can accommodate over 100 cars and will enhance the service provided by LCT for passengers who are boarding cruise ships in the port of Liverpool. Cruise and Passenger Services Ltd (CPS)...