Search Results for: shipping

Alfa Laval Unveils Eco-Friendly Brewing Solutions at BrauBeviale 2023

(IN BRIEF) Alfa Laval, a leading provider of heat transfer, separation, and fluid handling products, is set to debut a range of innovative eco-friendly solutions at BrauBeviale 2023 in Nuremberg, Germany. These groundbreaking offerings aim to empower beer producers to … Read the full press release

Maersk Navigates Stormy Seas: Q3 2023 Results Reflect Industry Challenges

(IN BRIEF) In the third quarter of 2023, global shipping and logistics giant Maersk reported financial results that mirrored expectations but reflected the harsh realities of a challenging market environment. With revenues of USD 12.1 billion, down significantly from the … Read the full press release

Port of Tyne Launches 4G and 5G Private Network for Smart Port Innovations

(IN BRIEF) The Port of Tyne, one of the UK’s major ports, has introduced a 4G and 5G private network in collaboration with partners BT and Ericsson, marking the UK’s first site-wide deployment of 4G and standalone 5G connectivity for … Read the full press release

Bosch Engineering Unveils Electric Drive Platform for Simplified Integration into Boats

(IN BRIEF) Bosch Engineering is introducing its Electric Drive System Platform (EDSP) for electric boat drives at METSTRADE. This platform provides boat manufacturers with a comprehensive solution, including electric motors, inverters, high-voltage batteries, chargers, and cable harnesses, allowing for simplified … Read the full press release

Eco-Conscious Airbus: Fleet Renewal for Sustainable Transatlantic Transport

(IN BRIEF) Airbus is set to renew its fleet of chartered vessels that transport aircraft subassemblies between Europe and the United States. They will be replaced with three modern, low-emission roll-on/roll-off vessels that utilize wind-assisted propulsion. Airbus has partnered with … Read the full press release

Azane Fuel Solutions Receives 5.4 Million EUR Investment for Ammonia Bunkering Units

(IN BRIEF) Yara Growth Ventures and Navigator Holdings have invested 5.4 million EUR in Azane Fuel Solutions, a Norwegian ammonia bunkering startup. Azane aims to construct the world’s first ammonia bunkering network, starting with its first bunkering unit in Norway, … Read the full press release

Green Bay Packaging Enhances Production Line with Voith’s OnQuality Quality Control System

(IN BRIEF) Green Bay Packaging, a prominent manufacturer of corrugated shipping containers, folding cartons, and coated label products located in Wisconsin, has achieved notable production line improvements by implementing Voith’s OnQuality Quality Control System (QCS). This customized solution, comprising innovative … Read the full press release

Vard and Windward Offshore to Construct Hybrid Commissioning Service Operation Vessels for Offshore Wind Support

(IN BRIEF) Vard, a prominent player in special ship construction under the Fincantieri group, has entered into a contract with the Windward Offshore consortium to design and build two hybrid Commissioning Service Operation Vessels (CSOV) for offshore wind farm support. … Read the full press release

EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release

Global Energy Giant Equinor Records Continued Safety Improvements in Q3 2023

(IN BRIEF) Equinor, a global energy company, reports a continued improvement in safety as it records a decline in serious incidents and injuries per million hours worked in the third quarter of 2023. The serious incident frequency remains steady at … Read the full press release

Inmarsat Maritime Wins Prestigious 2023 IMRF Award for Maritime Search and Rescue Innovation

(IN BRIEF) Inmarsat Maritime, a division of Viasat, has been honored with the 2023 International Maritime Rescue Federation (IMRF) Award for Innovation and Technology in Maritime Search and Rescue. This recognition comes after a thorough evaluation by a distinguished judging … Read the full press release

ORLEN Group Enhances Energy Security with ‘Saint Barbara’ and ‘Ignacy Łukasiewicz’ LNG Vessels

(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release

Zalando Unveils ZEOS: The Operating System for Multi-Channel Fashion Retail in Europe

(IN BRIEF) Zalando, a fashion e-commerce giant, has introduced ZEOS (Zalando E-commerce Operating System), a comprehensive platform designed to revolutionize multi-channel fashion and lifestyle retail in Europe. ZEOS aims to empower fashion brands and retailers to efficiently manage their multi-channel … Read the full press release

Intesa Sanpaolo’s ‘Italian Excellences 2023’ Highlights Italian Mid Corporates to International Investors in Paris

(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release

BMT Appoints Andrew Bell as Senior Business Development Manager for Maritime Surveys in UK and Europe

(IN BRIEF) BMT, a leading maritime services company, has appointed Andrew Bell as their new Senior Business Development Manager for Maritime Surveys in the UK and Europe. Bell, with over 35 years of maritime experience, will play a key role … Read the full press release

CEOs Express Concerns About Cybersecurity, Despite Recognizing Its Vital Role in Growth, Says Accenture Report

(IN BRIEF) A report from Accenture titled “The Cyber-Resilient CEO” highlights that 74% of CEOs express concerns about their organizations’ ability to defend against cyberattacks, despite 96% recognizing the importance of cybersecurity for organizational growth and stability. The report points … Read the full press release

Continental Engineering Services Names Jean-Michel Verdier as New Managing Director

(IN BRIEF) Continental Engineering Services (CES) has appointed Jean-Michel Verdier as its new Managing Director, effective from September 1, 2023. Verdier, an engineering professional with extensive experience in the automotive industry, takes over from Dr. Christoph Falk-Gierlinger, who served in … Read the full press release

Hapag-Lloyd Welcomes ‘Berlin Express’ as First Ship of Its New Climate-Friendly Hamburg Express Class

(IN BRIEF) Hapag-Lloyd has officially introduced the “Berlin Express,” the inaugural vessel of its Hamburg Express class, into its fleet. This class represents a significant milestone in the company’s efforts to reduce emissions and achieve climate-neutral shipping by 2045. A … Read the full press release

Successful Tests for Shore Power Supply at EUROGATE Container Terminal Hamburg

(IN BRIEF) EUROGATE Container Terminal Hamburg (CTH) has reported the successful completion of its third ship integration test for shore power supply to container ships. The initial test, conducted in August on the Maersk Condor, marked the first European connection … Read the full press release

ZF Wind Power Invests in Sustainable Water Transport for Offshore Wind Turbine Powertrains

(IN BRIEF) ZF Wind Power and Vestas are addressing the growing demand for wind energy and larger offshore wind turbines with the V236-15.0 MWTM powertrain. This powertrain aims to push the boundaries of offshore wind energy production, with a single … Read the full press release

Kalmar to Supply Rotterdam Short Sea Terminals with Six Hybrid Straddle Carriers for Eco-Efficient Operations

(IN BRIEF) Kalmar, a division of Cargotec, has secured an agreement with Rotterdam Short Sea Terminals (RST) to deliver six Kalmar hybrid straddle carriers as part of the terminal’s fleet renewal program aimed at enhancing environmental sustainability. RST, Europe’s largest … Read the full press release

TotalEnergies to Expand High-Power EV Charging Network with 1,100 New Points Across Germany

(IN BRIEF) TotalEnergies has secured a contract to install and operate 1,100 high-power charge points (HPC) for electric vehicles (EVs) as part of the German government’s “Deutschlandnetz” initiative. These charging points, offering up to 200 kW charging power, will be … Read the full press release

EUROGATE and Terminal Investment Extend Partnership for Bremerhaven Terminal until 2048

(IN BRIEF) EUROGATE GmbH & Co. KGaA and Terminal Investment Limited (TiL) have agreed to extend their contract for the joint operation of the container terminal MSC Gate Bremerhaven until 2048. This contract extension, reached a few months before the … Read the full press release

High Number of Maritime Distress Calls Highlights Urgent Need for Data Sharing, Says Inmarsat Report

(IN BRIEF) Inmarsat Maritime’s 2023 “Future of Maritime Safety Report” reveals a concerning trend with a high number of distress calls from ships at sea despite a decline in vessel losses. The report, which analyzed data from the Global Maritime … Read the full press release

MSC Group Orders Two Hydrogen-Powered Luxury Ships as Part of €3.5 Billion Investment

(IN BRIEF) The Cruise Division of MSC Group has confirmed orders for two hydrogen-powered luxury vessels for its brand Explora Journeys. The €3.5 billion investment will also explore additional environmental technologies, such as alternative fuels like bio and synthetic gas, … Read the full press release

ABB to Deliver Power Distribution System for Samskip’s Hydrogen-Powered Container Ships

(IN BRIEF) ABB has secured an order to provide a comprehensive power distribution system for two new short-sea container ships being built for Samskip Group, a global logistics company based in Rotterdam. These vessels will be among the world’s first … Read the full press release

DNV Grants Approval in Principle to HD KSOE for Innovative Hydrogen Transport System

(IN BRIEF) DNV has awarded Approval in Principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries, HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD), for their groundbreaking hydrogen system. HD KSOE aims … Read the full press release

LG Chem and Eni Explore Biorefinery Partnership to Produce Sustainable Fuels and Plastics in South Korea

(IN BRIEF) LG Chem, South Korea’s leading chemicals producer, and Italian energy group Eni Sustainable Mobility have announced their joint exploration of developing and operating a new biorefinery at LG Chem’s Daesan chemical complex in South Korea. The project aims … Read the full press release

Maersk Partners with Equinor to Supply Green Methanol for Innovative Feeder Vessel

(IN BRIEF) A.P. Moller – Maersk and Equinor have signed an agreement to supply green methanol for Maersk’s new methanol-enabled feeder vessel. The agreement secures green methanol supply from September 2023 to the first half of 2024 for the ship’s … Read the full press release

DNV Report Highlights Challenges in Achieving 2030 Maritime Emission Targets Amid Competition for Greener Fuels

(IN BRIEF) The shipping industry faces challenges in meeting 2030 maritime emission targets due to competition for greener fuels. DNV’s Maritime Forecast to 2050 report highlights that securing a sufficient supply of carbon-neutral fuels will be difficult. The industry must … Read the full press release

DNV Grants Design Verification for Avikus and Hyundai’s AI-Based ‘HiNAS Control’ Navigation System, Gaining Industry Approval

(IN BRIEF) At Gastech 2023, DNV has granted a design verification report (DVR) for the AI-based autonomous navigation system “HiNAS Control,” a joint project by Avikus and HD Hyundai Heavy Industries. Liberian International Ship and Corporate Registry (LISCR) has also … Read the full press release

Alfa Laval’s OceanGlide Chosen for Retrofit on Kumiai Navigation’s LPG Tanker for Sustainability Gains

(IN BRIEF) Alfa Laval OceanGlide’s fluidic air lubrication system has been selected for installation on a 54k DWT LPG tanker owned by Kumiai Navigation. The decision to retrofit OceanGlide is part of Kumiai Navigation’s sustainability efforts, aiming to reduce energy … Read the full press release

GTT Receives ABS Approvals and Partners with DHT Holdings Inc. on LNG-Fueled Tanker Projects

(IN BRIEF) GTT has received three Approvals in Principle (AiPs) from the American Bureau of Shipping (ABS) and entered into a Joint Development Project (JDP) with ABS and crude oil tanker company DHT Holdings Inc. These AiPs cover the concept … Read the full press release

Public Development Banks Unite for Blue Finance Roadmap to Promote Ocean Protection and Sustainable Use

(IN BRIEF) During the Finance in Common Summit in Cartagena, public development banks, including the AFD, ADB, CAF, CDP, EBRD, EIB, IDB, KfW Development Bank, and BOAD, have committed to collaborating on a Blue Finance Roadmap to address ocean protection … Read the full press release

Henkel Introduces Comprehensive Adhesive Solutions for Sustainable E-Commerce Packaging

(IN BRIEF) Henkel, a leader in industrial adhesives, is addressing the challenges faced by the e-commerce industry by offering a comprehensive range of adhesives and coating solutions for e-commerce packaging. These solutions are designed to meet the needs of packaging … Read the full press release

Maersk North America Market Update: Navigating Ocean Challenges, Emissions Trading Expansion, and Logistics Solutions

(IN BRIEF) The Maersk North America Market Update for August 2023 provides insights on various aspects of the shipping and logistics industry. It discusses updates on ocean operations, including adjustments due to low water levels at the Panama Canal and … Read the full press release

Maersk Charges Ahead: Expanding Electric Fleet to Over 500 Vehicles for Green Logistics Revolution in India

(IN BRIEF) Maersk, a global shipping and logistics company, is rapidly expanding its electric vehicle (EV) fleet in India, aiming to strengthen the fleet to over 500 vehicles in 26 cities. The company is committed to achieving net-zero emissions and … Read the full press release

Neste and ScanOcean Introduce Lower-Emission Marine Fuel to Swedish Market

(IN BRIEF) Neste, in collaboration with ScanOcean, has launched its Neste Marine™ 0.1 Co-processed marine fuel in the Swedish market. This lower-emission fuel, with both fossil and renewable content, aims to reduce greenhouse gas emissions in the marine sector. The … Read the full press release

Ericsson Introduces Eco-Friendly Packaging to Cut Plastic Use in Supply Chain

(IN BRIEF) Ericsson, in partnership with Deutsche Telekom and Swisscom, has developed a sustainable packaging solution for shipping its Remote Radio products. The packaging materials, designed to reduce the environmental impact and plastic content, are fully recyclable and made from … Read the full press release

Yara Strengthens Leadership Team with Executive Appointments to Drive Strategic Initiatives

(IN BRIEF) Yara, an international agricultural company, has announced executive appointments to its leadership team. Magnus Krogh Ankarstrand has been named EVP Corporate Development. Ankarstrand, who previously held roles as CEO of Yara Clean Ammonia, SVP Yara North America, and … Read the full press release