Finance - News
Blue Water Shipping is happy to announce that a new General Manager Sea & Air, Norway has been hired to their office in Oslo, Norway. Morten Würgler has more than 20 years of broad international business and logistics experience within air freight, sea freight, perishables and customer service. Morten Würgler has great international know-how from Denmark, Houston, Texas and Norway under titles of Sales Executive and Senior Director in similar corporations to mention a few. Extens...
April 2022 saw the third consecutive monthly climb in long-term contracted ocean freight rates, with shipping costs rocketing by 11.1% globally to stand 109.9% up year-on-year. The data, revealed in the latest Xeneta Shipping Index (XSI) Public Indices for the contract market, demonstrates how supply chain demand, successful carrier strategies and continued COVID-19 disruption in China are coalescing to ‘pile on the pain’ for shippers worldwide. Xeneta Shipping Index (XSI) Xeneta&...
States are being urged to take action to bring into force the Cape Town Agreement of 2012, a key international treaty, which will establish an international regime for fishing vessel safety. This will help make fishing safe, sustainable and legal - and make a significant contribution to the protection of fishers, an unacceptable high number of whom lose their lives every year. “We cannot afford to be complacent, when it comes to addressing the safety of fishers and fishing vessels,”...
Matson, Inc., a U.S. carrier in the Pacific, and Greenbrier Gunderson Marine christened and launched a new flat-deck container barge in a ceremony at the Greenbrier Gunderson Marine shipyard in Portland, Oregon on Saturday, April 23, 2022. The new barge, christened ‘Haleakala’ in honour of the landmark crater on the island of Maui, will be deployed in Matson’s Neighbour Island service in Hawaii starting this summer, connecting cargo to and from the U.S. West Coast through its...
The eCommerce surge is shaking up the shipping industry, making speed and efficiency a must. The time has come to move beyond paper and towards widespread adoption of the game-changing electronic Bill of Lading (eBL). Mediterranean Shipping Company - MSC’s Global Chief Digital and Information Officer (CDIO), Andre Simha will explain more at an upcoming event - TradeTech Europe 2022, during the eCommerce week, organised by the United Nations agency - UNCTAD. Rapid growth of eCommerce eCo...
£1.06 million in funds has been awarded to a consortium, led by MSE International, in order to address clean maritime challenges in the seaports and shipping sectors. The consortium of nine organisations, which is led by MSE International, will get the £1.06 million funds, as part of the Smart Maritime Land Operations Call. The call was launched in November 2020, as part of a Maritime Research and Innovation UK (MarRI-UK) initiative, supported by the Department for Transport (DfT),...
International not-for-profit organisation Global Maritime Forum announces the new composition of its Board of Directors, following annual general meeting. Jan Dieleman, President, of Ocean Transportation at Cargill was elected as the new Chair of the Board of Directors, taking over the position from Peter Stokes, former Senior Adviser and Head of Shipping at Lazard, who is retiring. Author's quote “I am honoured to accept the role as Chair of the Global Maritime Forum. Peter has made gre...
The eCommerce surge is shaking up the shipping industry, making speed and efficiency a must. The time has come to move beyond paper and towards widespread adoption of the game-changing electronic Bill of Lading (eBL). MSC’s CDIO André Simha will explain more at an upcoming event during the eCommerce week organised by UN agency UNCTAD. Demand for shipping eCommerce has skyrocketed since the start of the pandemic. Due to lockdowns, travel restrictions, and health concerns, more and...
MetOcean Telematics is pleased to announce it will be exhibiting at the Offshore Technology Conference (OTC) 2022, in Houston, Texas, USA, from May 2-5, 2022. MetOcean Systems and Iridium OTC is a global event that connects offshore energy professionals from more than 130 countries to collaborate and discuss the challenges, solutions, and changing energy landscape of the offshore energy sector. OTC is looking forward to connecting with partners and clients in the industry and showcasing...
MSC is proud to be exhibiting at Breakbulk Europe 2022 in Rotterdam. Taking place from 17-19 May 2022, the conference has become the global gathering for the industry with more than 120 countries represented, providing a key opportunity to meet, network, and connect. MSC's project cargo experts from around the world look forward to welcoming visitors at stands 2A20-B21 in Hall 2. One size does not fit all MSC will be promoting its solid expertise in oversized freig...
The renowned annual B2B event for the global cruise industry, Seatrade Cruise Global 2022 brings together more than 13,000 buyers and suppliers from 140 countries and 300 international journalists. Seatrade Cruise Global 2022 The three-day exhibition is the largest gathering of the cruise industry, hosting over 700 exhibiting companies from all sectors, including Design & Ship Interiors, Entertainment, Environmental & Health, Hotel Operations and Concessions, Information Technology, Po...
MSC will celebrate its 40th Anniversary in Spain in 2022. This history began on 2 May 1982 when the first offices were opened in Valencia and Barcelona, and today MSC Spain has over 600 staff dedicated to servicing the needs of its customers in the country. To mark this historic moment, MSC Spain will host a series of events for people who have worked with the company over the years and who have contributed to its success and growth, including those in the local community. This...
The first comprehensive set of Marine Plans to guide development across England’s seas have been adopted and published. The publication of the North East, North West, South East and South West Marine Plans follows the adoption of the East Marine Plan in 2014 and the South Marine Plan in 2018. This means all of England’s seas – an area of approximately 230,000 square kilometres – a third larger than the total land area of England – are now covered by Marine Plans....
With an aim to broaden their coverage in the Indian Ocean region, CMA CGM is happy to announce the reinstatement of the company’s IO Feeder 3 service. As from early June 2022, a new fortnightly rotation will start as follows: Pointe des Galets – Port Louis – Tamatave – Pointe des Galets – Longoni – Pointe des Galets
Satcom Direct, the business aviation solutions provider, has announced that its FlightDeck Freedom® (FDF) flight deck communications platform has been selected as the default datalink system for in-production Gulfstream G500™, Gulfstream G600™, and Gulfstream G650ER™ aircraft with initial line-fits already completed. Operators of Gulfstream aircraft can now optimise the flexible FDF platform, which includes configurable features and monitoring of industry datalink complian...
Marine Resources (Marine Resources Recruitment Ltd) is pleased to announce that they have teamed up with Marcela de Kern of Onboard Monaco, with the aim to share industry knowledge, support with recruitment expertise and professionalise the Superyacht industry further. Author of the first textbook ever written about the superyacht industry, Marcela is the Founder of the Superyacht Industry-Forum, a platform to connect yachting professionals. She is currently developing Genoa Superyacht Hub and...
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, based in Yokohama, Japan, has completed a conceptual study for the design of an ‘Ammonia/Liquefied CO2 Carrier’, which is capable of transporting both ammonia and liquefied carbon dioxide (LCO2). The extensive study conducted with Mitsui O.S.K. Lines, Ltd. provides the basis for a type of vessel with the potential to become mainstream in the LCO2 carrier market, by flexibly meeting the projected increase in...
Thordon Bearings has signed a multi-vessel supply agreement for a range of water-lubricated and grease-free bearings for installation to several fleet boats under construction, at the FMT Shipyard & Repair facility in Louisiana, U.S.A. for workboat owner - Maritime Partners. Twelve twin-screw push boats are scheduled to be delivered from the Louisiana-based shipyard with equipment that includes RiverTough tailshaft bearings, ThorPlas-Blue rudder bearings with Pucker Seals, ThorPlas-Blue ste...
The creator of the world’s first liquid hydrogen bunkering facility for fuelling zero-emission ships, Unitrove, has won a UK Government grant to develop a unit ready for rapid deployment to ports around the world. Steven Lua, the Chief Executive Officer (CEO) - Unitrove Innovation, part of the Unitrove Group (Unitrove), said the £30,000 Transport Research and Innovation Grant (TRIG), awarded by the Department for Transport, in partnership with Connected Places Catapult, would be use...
Rob Jetten, the Dutch Minister of Climate and Energy, received the first certificate for green hydrogen, during a visit to North Sea Port in Terneuzen. These certificates facilitate the trade in hydrogen, as envisaged by HyXchange. HyXchange contributes to the energy transition and the growth of sustainable energy, and the reduction of natural gas dependence in the Netherlands. HyXchange, Trading Platform Trading in hydrogen will take place via the trading platform - HyXchange...
A strategic partnership with Maersk helped Coast Beacon expand their US footprint and optimise their supply chain at the same time. The US frozen fish and seafood industry is a multibillion-dollar industry, with 70% being imported. As shipments come in from all over the world, getting the frozen products to cold stores around the country quickly is the key to maintaining quality. Multiple cold stores For frozen seafood distributor Coast Beacon, exceptional customer experience is as important...
At Blue Water, they have been preparing for the transition from Aalborg to Aarhus for a long time. With their own terminals of more than 40,000 sq metres in Port of Aarhus, they are ready to continue the high-quality packing and handling of cargo to and from Greenland. In this way, the change will not affect the level of service for their customers. Receiving and handling cargo Blue Water is upgrading 6,000 sq metres terminal in Aarhus, making the facilities more efficient for receiving and h...
NAPA, the maritime software, services, and data analysis provider, will work with ClassNK and Japanese general trading company Marubeni to assess what fuel and carbon emission savings could be achieved through voyage optimisation. Fleet Intelligence platform NAPA will use its Fleet Intelligence platform to retrospectively analyse the impact of EEXI using the actual vessel performance across Marubeni’s fleet and compare it against similar fleets. ClassNK will provide its expertise in...
Blue Water Shipping announced that they are expanding their operations in Malaysia. The company has been represented in Malaysia since 2009, and now the business is growing further. It has always been in the Blue Water DNA to be locally present on a global scale. With more than 60 offices worldwide, it is now time to further upgrade the setup in the Asia Pacific region. Delivering high quality logistics solutions Delivering logistics solutions of high quality is supported by having connection...
The first cruise ship of the season will arrive in Stockholm, Sweden, on 10th April, 2022. Despite the troubling international situation, the season has a lot of bookings, with many cruise ships booking extended stays. Stockholm is an extremely popular cruise destination and an obvious choice for shipping companies and travel organisers. World Odyssey is the first cruise ship of this season. She arrives at Frihamnen Port on the morning of 10th April, 2022 and will stay for four days. It is the...
The foundation project of the IMO Coordinated Actions to Reduce Emissions from Shipping (IMO CARES) project, which aims to bring stakeholders together from the global north and global south, was launched on 6th April at the IMO-Singapore Future of Shipping Conference. IMO CARES is expected to be a long-term programme. It will support coordination to promote innovation, research and development collaboration, accelerate the adoption of green technologies and facilitate their deployment in develo...
Babcock International Group (Babcock), the aerospace, defence and security firm, has signed a four year contract to deliver through life support to the Marinha do Brasil’s flagship vessel, NAM Atlântico, formerly the UK Royal Navy platform HMS Ocean, as part of its global support programme. Working hand-in-hand with their customers, Babcock’s key asset management activities include deep maintenance, in-service support, equipment and systems support, and through life engineerin...
MetOcean Telematics (MetOcean), is pleased to announce it has been awarded a five-year contract from the U.S. Department of Commerce – National Oceanic and Atmospheric Administration (NOAA), to supply NOAA’s Global Ocean Monitoring and Observing Laboratory, Atlantic Oceanographic and Meteorological Laboratory, and Pacific Marine Environmental Laboratory with critical real-time satellite connectivity, services, and support through the Iridium® satellite network (Iridium). MetOcea...
A consortium, led by the Global Maritime Forum. and consisting of BHP, Rio Tinto, Oldendorff Carriers, and Star Bulk Carriers Corp., have signed a letter of intent (LOI) to assess the development of an iron ore Green Corridor between Australia and East Asia. To mobilise demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly looking to enable and simplify the task of decarbonising the maritime sec...
The potential of hydrogen as a clean future fuel is a familiar talking point, but what’s the reality? Ocean Hyway Cluster, a specialist Norwegian trade body, gathers leading players to assess, demystify and enable developments within the maritime field, at The Maritime Hydrogen Conference. This unique conference is split into three main sessions, in order to help navigate hydrogen’s horizon. As such, partnership-based models, infrastructure (from both a shipowner and energy supplier...