Navigation - News
Neste Corporation’s Board of Directors has appointed Matti Lehmus (born 1974) as President and CEO as of 1 May 2022. He succeeds Peter Vanacker, who will hold the position until 30 April 2022. Matti Lehmus holds a M. Sc. in chemical engineering and an eMBA. He joined Neste in 1998 and has held several key leadership positions during his career in both the oil products business and renewables. He has been a member of the Neste Executive Committee since 2009 and currently serves as Exe...
The American people are looking for solutions to supply chain congestion resulting from the impacts of COVID-19. Unfortunately, the Ocean Shipping Reform Act of 2022, S.3580, which was marked up by the Senate Commerce Committee, addresses none of the root causes of the U.S. landside congestion. Americans continue to import goods at record levels—so much so that the U.S. ports and landside logistics workforce is unable to process all the cargo. Ocean carriers have deployed every vessel and...
Crowley has successfully managed the acquisition of the MV Honor, the first vessel acquisition under its contract, in order to help recapitalise a sealift fleet, with the U.S. Maritime Administration (MARAD). With the forthcoming acquisition of the MV Freedom, vehicle carriers are part of the multi-year vessel acquisition and management contract, designed to help recapitalise the U.S. Ready Reserve Force. The acquisitions will enhance the Ready Reserve Force, by increasing ship reliability an...
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Bashir Jamoh has ascribed the decline of piracy on Nigerian waters and the Gulf of Guinea to collaboration among various organs of Government in Nigeria, Governments in the region, and stakeholders from within and outside the country. Dr. Jamoh, who stated this while receiving the Management of the Nigerian Television Authority, NTA Channel 10 in Lagos, noted that the success in fighting piracy in Nigeri...
The U.S. Marine Corps has awarded BAE Systems a contract for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. BAE Systems has received a $34.9 million contract from the U.S. Marine Corps for the design and development of an Amphibious Combat Vehicle Recovery (ACV-R) variant. The ACV-R will replace the legacy Assault Amphibious Vehicle recovery variant (AAVR7A1), and will provide direct field support, maintenance, and recovery to the ACV family of vehicles. C...
On March 9, 2022, at a digital ceremony, MAN Energy Solutions and classification society, DNV, signed a Memorandum of Understanding (MoU). Effective immediately, the Memorandum of Understanding is due to run for a period of three years. Under the terms of the memorandum, the two companies will – by June 30th, 2022 – detail action plans within the fields of decarbonisation, the hydrogen value-chain and digitalisation. MAN Energy Solutions – DNV sign MoU Dr. Uwe Lauber, the Ch...
The Seafarers’ Charity’s UK Maritime Anchor Fund supports working-age UK merchant seafarers. The Fund is open for applications for those impacted by the P&O Ferries redundancies. The Fund will support seafarers through financial help, advice, relationship counselling, and mental health and well-being support and counselling. UK Maritime Anchor Fund The UK Maritime Anchor Fund was created in 2020 with key delivery partner charities to provide an end-to-end package...
Commenting on the decision by P&O Ferries to dismiss 800 seafarers, a spokesperson for Maritime UK said “We are a membership organisation, but when we disagree with the actions of one of our companies, we should say so. We fully appreciate the challenges that some of our maritime businesses have faced, largely as a result of the COVID-19 pandemic, and that for some, this has resulted in very difficult decisions having to be made.” The Maritime UK spokesperson’s adds, &ldqu...
Intellian Technologies, Inc., the global technology and solutions provider for satellite communications has announced the development of their new phased array flat panel antenna (FPA) technology. This will be unveiled for the first time at Satellite 2022, in Washington D.C., USA. Electronically steered antennas These electronically steered antennas (ESA) are optimised for high performance on Ku- and Ka-band LEO and MEO satellite networks and harness Intellian’s expertise and lead...
Satcom Direct, the connectivity solutions provider, is expanding its marine division, by launching a suite of new services for sports fishing vessels, and super- and mega-yachts. In a first for multi-asset ownership, Satcom Direct is harnessing the combined power of SD infrastructure, SD hardware, and SD software solutions, to deliver a seamless connectivity experience for customers transitioning between private jets and yachts. Rack-mounted router To support the newly expanded division, Satc...
DHL Express and Neste have announced a significant step towards decarbonising aviation logistics by expanding their existing cooperation with a new strategic collaboration. In the next five years, Neste will supply DHL with approximately 320,000 tons (400 million liters) of Neste MY Sustainable Aviation FuelTM. The agreement is Neste’s largest for Sustainable Aviation Fuel (SAF) to date and one of the largest SAF agreements in the aviation industry. SAF availability Nest...
Delivering exceptional durability and reliability, configured for ease of deployment from all platforms and offering class-leading sensor and navigation performance, HUGIN Edge is the newest member of the HUGIN family of AUVs. The new design combines elements of HUGIN’s carbon monocoque approach used with success for the last 20 years coupled with extensive hydrodynamic modelling to refine the hull’s low-drag shape. HUGIN Edge stands out as a next-generation vehicle designed spe...
Following the successful completion of preparations to equip it for service the Global Mercy, the brand new hospital ship built by Mercy Ships, visited the Port of Rotterdam prior to setting sail for Africa, where it will provide healthcare assistance to those most in need. Representatives from MSC Cargo, MSC Cruises and the MSC Foundation took part in a series of events, including a flag raising ceremony and a tour of the completed vessel in all its glory, seeing first-hand how this am...
The globally renowned technology company, Wärtsilä (Wärtsilä Corporation) has developed a dedicated fuel supply system for methanol, MethanolPac, as interest grows in the methanol pathway to decarbonisation. Combined with the recently introduced Wärtsilä 32 Methanol engine and the company’s well-proven retrofit and system integration capabilities, MethanolPac enables Wärtsilä to deliver methanol-capable fuel and power systems, across a wide range of...
MSC is delighted to be attending and speaking at this year’s Fruit Logistica 2022. Taking place from 5 - 7 April 2022 this trade fair event includes presentations, panel discussions and live Q&A sessions with leading experts from across the world. MSC looks forward to welcoming people to the booth: B04, in Hall 25, daily from 09:00 am to 06:00 pm, and on Thursday, 7 April, from 09.00 am to 04:00 pm. Experts on stage The experts will be presenting in the Logisti...
MSC is pleased to be part of the Freight Logistics Optimization Works (FLOW) data-sharing initiative, launched at the White House on 15 March 2022. This major project will help to clear supply chain bottlenecks by improving freight information exchange between key stakeholders – leading to the faster delivery time and reduced costs for consumers. A diverse taskforce representing many stakeholders FLOW includes 18 initial participants, with the aim of welcoming more in the futur...
Waves Group is pleased to announce it has secured the Marine Warranty Surveyor (MWS) contract for the construction of the second phase of the Dogger Bank Wind Farm project – Dogger Bank B. Dogger Bank is a 3.6GW Wind Farm project being built in three 1.2GW phases A, B and C. This is the second win of the three project phases as Waves Group is currently providing MWS services for Dogger Bank A. When fully complete, the entire wind farm will be capable of powering 6 million UK homes, helpin...
MetOcean Telematics is pleased to announce that they will be exhibiting at Fish Canada Workboat Canada 2022 in Moncton, New Brunswick, Canada, from March 25-26, 2022. They are looking forward to connecting with partners and attendees in the industry, and showcasing their latest MetOcean systems and Iridium products. Attendees for the event can visit the MetOcean Telematics team at booth 639. Fish Canada Workboat Canada (FCWC) Fish Canada Workboat Canada (FCWC) is the country’s largest c...
Speaker of the House of Representatives, Honourable Femi Gbajabiamila Tuesday announces that the 9th Assembly embarked on the Amendment of the NIMASA Act 2007 and the Cabotage Act 2003 due to the need to improve the regulatory instruments in the Nigerian maritime sector to meet the need of current realities. Honourable Gbajabiamila stated this while declaring open the two-day public hearing by the House Committee on Maritime Safety Education and Administration on the Merchant Shipping Act, Repe...
Local New Zealand businesses are set to reap the benefits of a partnership between Babcock and the New Zealand Defence Force (NZDF) which will conduct maintenance and upgrade works on two decommissioned Royal New Zealand Navy (RNZN) Inshore Patrol Vessels before they are sold to the Republic of Ireland. Babcock and NZDF will regenerate and modify the ships – ex HMNZS Rotoiti and HMNZS Pukaki – to operational seaworthiness standards, supported by Babcock’s extensive supply chai...
Atlas Copco has agreed to acquire LEWA GmbH and its subsidiaries, and Geveke B.V. and its subsidiaries, for a combined enterprise value of MEUR 670 (BSEK 7.15). LEWA GmbH is a globally renowned manufacturer of diaphragm metering pumps, process pumps and complete metering systems. Geveke B.V. distributes compressors and engineers advanced and complex process pump installations. Acquisition of LEWA GmbH LEWA GmbH was founded in 1952 and is based in Germany. The company has around 1200 employees...
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed investment into Marindows Inc., a Tokyo-based firm, aiming to utilise the revolution in information technology to build an integrated digital platform for the marine industry. Amid the current energy revolution, this partnership will accelerate efforts to achieve a carbon neutral world in areas from electrification and autonomous operation to the marine industry, create new value by merging the p...
Codelocks has further expanded its Marine by Codelocks range, giving customers a wider choice of weather-resistant keyless access solutions. The CL600 Marine Grade locks feature a specially enhanced marine grade finish that can withstand harsh weather conditions – appropriate for workplaces and homes by the sea, as well as outdoor and coastal applications. The new CL600 Marine by Codelocks range is heavy-duty mechanical locks which are particularly well suited for areas with high levels o...
HMM announced that Kyung-bae Kim has been nominated for the new HMM CEO. HMM selected Kyung-bae Kim, the former Hyundai Glovis CEO, as the final candidate for the next HMM CEO. It came after the examination of multiple candidates was conducted by the CEO recommendation committee on 9 February. During the nominating process, a range of competencies, including leadership skills, global capability, and expertise, have been comprehensively considered to find the most suitable candidate. Playing si...
Performance Team – A Maersk Company continues to integrate end-to-end cold chains with the announcement of a new cold storage facility in Houston designed to serve imports and exports. “As we continue to expand our network in North America, providing customer-centered solutions this new facility will provide best-in-class cold chain services by integrating our services, technologies and optimising cold chain logistics efficiencies,” said Jason Walker, Executive Vice President...
James Fisher, a global provider of innovative marine solutions and specialised engineering services, has signed a charter agreement with Go Marine Group for the exclusive use of the multi-purpose service vessel, Go Electra, adding much needed security for customers, amid cost and supply chain crunches in the industry. The agreement will see the boat used, throughout the remainder of 2022, by James Fisher’s marine group brands, James Fisher Renewables (JF Renewables) and James Fisher Subte...
Babcock’s LGE (Liquid Gas Equipment) business and Cavendish Nuclear are celebrating two award wins at this year’s Maritime UK Awards. Kat Tanner won Electrical Design Apprentice for Cavendish Nuclear in the Apprentice of the Year category, while Babcock scooped the accolade for Innovation. The prestigious awards ceremony took place at the Glasgow Science Centre on Thursday 10 March. With the UK Government having launched its first long-term strategy for the sector, Maritime 2050, th...
The fourth publication by Maritime UK’s Board of Trade sets out how the United Kingdom (UK) can deliver the trade benefits of the National Shipbuilding Strategy refresh. This paper puts forward the Board of Trade’s thoughts on: Global trends and the importance of the maritime industry to trade. UK strengths and opportunities within the maritime sector. How trade and investment solutions can address challenges in the global maritime sector. Board of Trade publication UK Secr...
UK Prime Minister Boris Johnson and Defence Secretary Ben Wallace visited Cammell Laird’s facility now (Thursday, March 10) as the National Shipbuilding Strategy Refresh was unveiled. Designed to reinvigorate the shipbuilding and maritime sector across the UK regions as part of the government’s ‘levelling up’ agenda, the National Shipbuilding Strategy Refresh outlined the government’s plans for the UK shipbuilding enterprise and supply chain, which includes deliver...
As the Russia-Ukraine crisis escalates, the effects on international shipping are evolving rapidly. TGI's insight into potential changes that could affect users include: Bunker fuel Bunker prices have increased since the start of 2022 by approximately 58%. Currently in Singapore, the world’s largest bunkering hub, TGI has seen the bunker price for Very Low Sulphur Fuel Oil (VLSFO) reach US$1030 per tonne. At the end of December 2021, the price was US$648 per tonne. Crude prices have no...
Fleet planning as a strategic asset
Download