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Babcock is pleased to have finalised the contract with the UK Ministry of Defense to continue the support spanning UK naval base operations at HMNB Clyde and HMNB Devonport, alongside UK submarine and surface ship fleet support.  The Future Maritime Support Programme (FMSP) is worth around £3.5bn and will run until March 2026, replacing the previous Maritime Support Delivery Framework (MSDF). This complex contract reinforces Babcock’s position as a foremost naval business wit...

In a world-first for the maritime sector, the containership, ‘ElbBLUE’ – owned by German shipowner Elbdeich Reederei and operated by charterer Unifeeder – has bunkered some 20 tons of green SNG (Synthetic Natural Gas) at the Elbe port in Brunsbüttel, Germany. MAN Energy Solutions held a ceremony to mark the event, which marks the first time ever that synthetic fuel – generated from 100% renewable energy via power-to-X technology – has been employed i...

Jotun achieved record high revenue of NOK 14 975 million in the first eight months of 2021. The operating profit was NOK 2 496 million, but high raw material prices put pressure on the operating margin. Sales in the segments for Decorative Paints, Performance Coatings and Powder Coatings have shown a positive development so far this year. In the Marine Coatings segment, Jotun has experienced a decline in sales due to reduced newbuilding activity for ships. The strong growth in the first eight m...

Inmarsat, the pioneer in global, mobile satellite communications, is enabling an acceleration in the digitalisation plans of long-term client Navigazione Montanari, after an agreement for the chemical and crude oil tanker owner to extend its use of Fleet Xpress to its entire fleet. The new agreement renews and extends Navmont’s use of Fleet Xpress services across 13 ships and envisages the transfer of five more tankers from competitor services to Inmarsat’s maritime broadband se...

Xeneta’s Long-Term XSI Public Indices has revealed yet another monthly hike in long-term ocean freight rates, with global container prices climbing by 3.2%. The development follows a 2.2% increase in August 2021 and an unprecedented 28.1% jump in July 2021, leaving rates now standing 91.5% up year-on-year. What’s more, Oslo-based Xeneta reports there is little evidence to suggest a weakening of market fundamentals – meaning there could be more pain in store for shippers, with...

Maersk Kanoo, UAE (part of A.P. Moller - Maersk) has partnered with Danish Pavilion for Expo 2020 Dubai that opens its gates next month. Maersk will be present at the Danish Pavilion, throughout the six months of Expo 2020 Dubai, to welcome and interact with the visiting customers, and businesses that are curious to know more on how Maersk transports goods around the world. Expo 2020 Dubai Expo 2020 Dubai revolves around three key themes – mobility, sustainability and opportunity. Maersk...

Wrsit's logistics branch in Copenhagen has launched its new and groundbreaking forwarding platform. It is based on the latest within Cloud Technology, setting new standards for the future of forwarding business in Wrist. The online portal is developed to meet the current and future needs of customers, supporting the demand for a higher level of digitalisation. Automatic real-time tracking and complete transparency Log on to Wrist's logistics customer portal, where users can follow orders with...

From the 2023 season onwards, cruise ships will be able to call at the Port of Aarhus, connect to shore power and keep their engines running on electricity while the ship is docked in the Port. This will eliminate pollution from ships while they are stationed in Aarhus. The decision to invest in a shore power facility should be seen as part of the Port of Aarhus’ wider sustainability strategy which aims to make the Port the most sustainable in the Baltic Region. Attracting shipping compa...

CMA CGM has advised that in order to recover schedule reliability on SAFRAN service, connecting Europe with East Coast South America, the Le Havre call suspension will be extended for a further eight-week period. Le Havre call suspension extended The service change is effective m/v CAP SAN AUGUSTIN voy. 0EWAHS1MA, starting her rotation in Rotterdam ETS, on October 20th, 2021. SAFRAN's rotation will be temporarily adjusted as follows: Rotterdam (Thu/Fri) - London Gateway (Sat/Sat) - Hamburg (...

Globally renowned container logistics company, A.P. Moller - Maersk (Maersk) signed an agreement, on Monday, September 27, 2021, to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), which is headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange, and Hong Kong Stock Exchange. Maersk Container Industry (MCI) will become part of a market renowned company in the container equipment industry. CIMC will take over...

Maersk with its partner is launching its second dedicated warehouse in South Africa, trading under the name of Precool Cold Storage. The Cold Store is a part of its existing warehousing and distribution site in Hammarsdale, in Kwa-Zulu Natal, and is expected to be operational in early January 2021. Increasing the capacity of the existing cold store operations, which can handle temperatures from ambient to -25C and has dedicated sections for frozen and chilled cargo thereby serving the fruit,...

Stena Line is to continue its expansion on the Baltic Sea during 2022, increasing both freight- and passenger capacity. The Swedish family-owned ferry company announces that they will deploy their two new 240-metre-long fuel-efficient E-Flexer ferries, on the Nynäshamn-Ventspils in 2022. Stena Line also announces plans to increase the capacity on the Karlskrona-Gdynia route with the deployment of the two large and modern ferries Stena Scandica and Stena Baltica. Freight and passenger capa...

Classification society DNV has introduced the new Abate class notation, designed to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions. Altera Infrastructure is the first FPSO owner to pilot the DNV notation on the Petrojarl Knarr FPSO, with successful results so far. Decarbonisation The maritime industry is eager to investigate how they can improve the sustainability of their installations The Intern...

Rolls-Royce and Sanlorenzo have agreed to deepen their successful cooperation and to give their partnership a new dimension with future technologies in the coming years: Rolls-Royce business unit Power Systems will be one of the leading suppliers for Sanlorenzo within the next three years as main propulsion provider for certain yachts of the SL line, delivering mtu 10V, 12V and 16V 2000 yacht engines with a compact IMO 3 solution. Sanlorenzo will also be one of the first builders to equip a...

Babcock, the aerospace, defense and security company, was joined by UK Secretary of State for Defense and Shipbuilding Tsar, Rt Hon Ben Wallace MP to cut the first steel for the first of the Royal Navy’s five new Type 31 frigates, HMS VENTURER. Hosted at Babcock’s facility in Rosyth, Scotland, where the Type 31 Inspiration class ships are being built, representatives from across UK and international industry and public service, witnessed the historic ceremony signaling the officia...

Sustainable transport solutions will open up a greener Blue Water. That is why BWS has welcomed Per Jakobsen, who will contribute to the green transition through innovative solutions, internal development, and close collaboration with external climate partners. Creating green solutions “I am looking forward to creating green solutions which are both easily available as well as easier to see through, making the value visible for our clients and their clients," says Per Jakobsen, who...

The Organising Committee of the Doha International Maritime Defense Exhibition and Conference (DIMDEX) has announced that it renewed sponsorship contract with MBDA, the world’s renowned developer of missile systems, will be the Gold Sponsor of the event for the seventh time. DIMDEX 2022 DIMDEX 2022 will take place under the theme ‘Connecting the World's Maritime Defence and Security Community’. Commenting on this occasion, High Excellency Chief of Staff of Qatari Armed Force...

With almost 90 percent of the global trade being ocean shipping, efficient and environmentally friendly passenger and freight transport by sea is crucial to achieving the climate goals. The ferry operator - Stena Line, Frederikshavn Municipality, and the Port of Frederikshavn have signed an agreement aiming to accelerate the transformation of the transport sector by deploying two battery-powered Stena Elektra ferries on the Gothenburg-Frederikshavn route by 2030 and making the necessary investm...

Survival technology provider - Survitec has unveiled a new range of defence-grade life preservers designed specifically to improve the safety of military aircrews. Launched during London’s DSEI 2021 exposition, the three new lifejackets form part of Survitec’s newly created AirPEX (Aircrew Protection Extreme) product portfolio. “The launch of these new life preservers is important to Survitec’s strategic objective of expanding its presence in the military rotary and...

AqualisBraemar LOC Group (ABL Group) has been awarded an innovative research and development (R&D) project, to develop a green hydrogen production barge, under the Clean Maritime Demonstration Competition (CMDC). The Clean Maritime Demonstration Competition (CMDC) is funded by the Department for Transport and delivered in partnership with Innovate UK. ABL Group and Longitude Engineering partnership ABL Group, including group company, Longitude Engineering, will work in a consortium with G...

Cleaner and greener channel crossings are expected in the next decade, as the London International Shipping Week 2021 (LISW 2021) launches, announced the Department for Transport’s, Robert Courts MP, and The Rt. Hon Grant Shapps MP. Highlights include: UK to push for international shipping emissions to reach absolute zero by 2050, Transport Secretary sets out ambitious global 2050 target, as the UK government launches greenest ever International Shipping Week, and Vision of...

A £110 million contract has been awarded to deliver the new Defense Strategic Radio Service (DSRS) to critical military operations. DSRS uses the Earth’s ionosphere, part of the upper atmosphere, to allow radio signals to be sent and received across thousands of kilometers. This allows communications to be rapidly delivered across a variety of domains to service personnel, regardless of whether they are on land, in the air or at sea. The new communications service removes the tra...

Babcock the aerospace, defense and security company has secured the first export contract for its Arrowhead 140 (AH140) frigate through a design license agreement with PT PAL Indonesia (Persero), a state-owned enterprise that builds and maintains ships for military and commercial use from its facilities in Surabaya, Indonesia.   The breakthrough deal comes two years since Babcock’s AH140 design was first announced as the preferred bidder for the UK Type 31 frigate program at D...

SBM Offshore is pleased to announce it has completed the project financing of FPSO Sepetiba for a total of US$1.6 billion, which is the largest project financing in the Company’s history. Project financing The project financing was secured by a consortium of 13 international banks with insurance cover from Export Credit Agencies (ECA): Nippon Export and Investment Insurance (NEXI) and SACE S.p.A. A letter of intent was received from China Export & Credit Insurance Corpor...

BAE Systems, in collaboration with other maritime industry pinoeers, has secured funding from the UK Department of Transport to design, develop and demonstrate exciting new power and propulsion technologies for London, with the potential to reduce emissions across global waterways. Working across two separate projects in the city with Uber Boat by Thames Clippers, a ferry operator and Cory, a waste to energy management company, BAE Systems will use its expertise in providing integrated solutio...

As the industry looks ahead to its recovery, specialist travel management company, ATPI Marine & Energy, in partnership with Qatar Airways, has today kicked off this year’s London International Shipping Week (LISW21) by opening the London Stock Exchange. The week-long event will be the largest and most important LISW to date, hosting up to 160 in-person, hybrid and virtual functions. This year’s theme of ‘Driving Growth and Recovery in a Disrupted World’ will explo...

In his keynote speech at the London International Shipping Week (LISW21) conference, held at the International Maritime Organisation (IMO), Soren Toft, CEO, MSC Mediterranean Shipping Company, discussed the current economic environment, the pressure the whole supply chain is facing and how the industry is evolving to ensure growth in a disrupted world. Emphasising shipping’s role as the backbone of global trade with a huge influence on the global economy, Soren explored the current st...

Babcock the aerospace, defense and security company has launched a dynamic new approach within global shipbuilding that enables international customers to build and support the company’s Arrowhead 140™ frigate (AH140) in-country, delivering a range of potential economic and social benefits to local and national communities. Arrowyard™ developed from Babcock’s rich engineering know-how and shipbuilding experience, brings together a comprehensive range of technology and...

A new study has revealed the significant economic contribution of the maritime industry, contributing more than £56.4 billion per annum. These 2019 figures represent a 19% increase from the last time statistics were produced for the industry in 2017, which put the annual figure at £47.4bn, higher than aviation and rail combined at the time. The preliminary Centre for Economics and Business Research (CEBR) findings, commissioned by Maritime UK, come as global industry leaders conve...

For years, reefer transport and logistics have been vital activities for Blue Water Shipping. The acquisition of Freightway International will strengthen Blue Water's focus on the Canadian and North Atlantic markets. Expansion of services "It is an essential strategic step for us to get Blue Water facilities and an office in Canada. It will allow us to expand our current range of services to the Canadian markets and with the acquisition of Freightway International, we get a strong foothold in...