Search Results for: shipping

Yara, Bindewald & Gutting, and Harry-Brot Collaborate to Decarbonize German Cereal Cultivation with Green Fertilizers

(IN BRIEF) Yara Germany, the Bindewald & Gutting Milling Group, and Harry-Brot have formed a partnership to decarbonize cereal cultivation in Germany by using green fertilizers produced with renewable energy sources. Norwegian ammonia generated through hydropower will be processed into … Read the full press release

Skanska Awarded $215M Contract to Build Biomanufacturing Facility for Seagen in Washington, USA

(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release

Crédit Agricole’s Indosuez Wealth Management Forges Partnership with Degroof Petercam

(IN BRIEF) Indosuez Wealth Management, a subsidiary of the Crédit Agricole Group, announces a significant agreement to acquire a majority stake in Degroof Petercam, a renowned wealth management leader in Belgium. The strategic acquisition, done in partnership with CLdN group, … Read the full press release

Elogen Partners with Valmax for 2.5 MW PEM Electrolyser to Produce Green Hydrogen in South Korea

(IN BRIEF) Elogen, a company within the GTT group, has entered into a contract with Valmax Technology Corporation to design and manufacture a Proton Exchange Membrane (PEM) electrolyser with a power of 2.5 MW. The electrolyser will have a production … Read the full press release

Vodacom Launches eSIM Support, Enabling Eco-Friendly Connectivity and Enhanced Flexibility for Customers in South Africa

(IN BRIEF) Vodacom has introduced eSIM support for all smartphone plans, enabling customers in South Africa to benefit from the convenience and flexibility of eSIM technology. With eSIMs, users can easily connect to the Vodacom network and have multiple eSIMs … Read the full press release

MSC Subsidiary MEDWAY Belgium Expands Rail Fleet with Siemens’ Vectron Locomotives for European Freight Transport

(IN BRIEF) MSC’s subsidiary MEDWAY Belgium NV has placed an order for 15 Vectron MS locomotives from Siemens Mobility. The locomotives will be used for cross-border freight transport in Europe and to supplement container transport in serving the eastern hinterland … Read the full press release

GTT to Design LNG Fuel Tanks for Ten Ultra Large Container Vessels in Collaboration with Yangzijiang Shipyard

(IN BRIEF) GTT, a technological expert in containment systems with cryogenic membranes for liquefied gases, has secured an order from Yangzijiang, a Chinese shipyard, to design cryogenic fuel tanks for ten ultra large container vessels powered by LNG. The vessels … Read the full press release

GTT Secures ClassNK Approval for Revolutionary Liquid Hydrogen Containment System, Aiding Energy Transition

(IN BRIEF) GTT, a technology expert in containment systems for cryogenic membranes, has received Approval in Principle (AiP) from ClassNK, a Japanese classification society, for a new concept of membrane-type containment system for liquefied hydrogen (LH2) transportation. The scalable system … Read the full press release

Allianz Unifies Global Commercial Insurance Business as ‘Allianz Commercial,’ Introduces New Regional Structure

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release

Barclays Encourages Over 65s to Tap into Online Marketplaces and Clear Clutter, Unlocking Potential £700 Boost

(IN BRIEF) Barclays has conducted research revealing that over 65s in the UK could potentially earn nearly £700 by selling unwanted items online. However, despite having an average of 18 items they would like to sell, only a quarter of … Read the full press release

EUROGATE and CONROO Introduce ‘Digital Trucker Card’ for Safer and Efficient Container Terminal Operations

(IN BRIEF) EUROGATE, a leading container terminal operator in Germany, is partnering with CONROO to introduce the ‘Digital Trucker Card’ as a replacement for the traditional plastic trucker card used for access authorization at its container terminals. The new solution … Read the full press release

MAN Truck & Bus Advances Towards Emission-Free Drives, Prioritizing Battery-Electric and Hydrogen Solutions

(IN BRIEF) MAN Truck & Bus, a prominent logistics integrator, is intensifying its transformation efforts by taking significant strides towards emission-free drives. The company’s focus for commercial vehicles is primarily on battery-electric drives, while MAN Engines, a business unit of … Read the full press release

GTT Receives Order for Tank Design of Two LNG Carriers

(IN BRIEF) GTT, a global leader in the design of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order from Dalian Shipbuilding Industry & Co to design the tanks for two … Read the full press release

Inmarsat Maritime to Provide Connectivity for Wärtsilä ANCS’s Floating Laboratory AHTI

(IN BRIEF) Inmarsat Maritime, a Viasat business, will provide high-speed and reliable connectivity to support Wärtsilä ANCS’s floating laboratory, AHTI. Inmarsat’s award-winning Fleet Xpress connectivity, combined with unlimited backup from FleetBroadband, will enable seamless data exchange for advanced technology testing … Read the full press release

bp Ventures Leads $10 Million Investment in WasteFuel to Expand Bioenergy Solutions

(IN BRIEF) bp ventures, the investment arm of bp, has committed $10 million as the lead investor in the Series B funding round of WasteFuel, a California-based biofuels company. WasteFuel specializes in converting bio-based municipal and agricultural waste into lower … Read the full press release

A.P. Moller – Maersk Launches First Cold Store Facility in Dubai to Meet Growing Demand for Cold Chain Logistics

(IN BRIEF) A.P. Moller – Maersk, the global integrated logistics company, has opened its first Cold Store facility in Dubai, UAE. Located at Dubai Industrial City, the 13,000 square meter facility serves the FMCG sector with uninterrupted cold chain logistics … Read the full press release

BASF and Yara to Explore Feasibility of Low-Carbon Ammonia Plant with Carbon Capture

(IN BRIEF) BASF and Yara Clean Ammonia have partnered to conduct a joint study for the development of a large-scale low-carbon blue ammonia production facility with carbon capture in the U.S. Gulf Coast region. The aim is to construct a … Read the full press release

Moldovan Railways Secures €23 Million Loan from EBRD for Key Rail Corridor Upgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €23 million loan to Moldovan Railways to support the rehabilitation of two critical sections of railway lines on Moldova’s North-South Rail Corridor. The project aims to enhance … Read the full press release

EBRD and Türkiye Join Forces for Green Maritime Development and Climate Mitigation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched a program to modernize Türkiye’s maritime sector and promote green investments and climate mitigation technologies. Developed in collaboration with the Turkish Ministry of Transport and Infrastructure and the … Read the full press release

Maersk Sets Sail with Sustainable Fuel: Green Methanol Powers World’s First Methanol-Enabled Container Vessel

(IN BRIEF) Maersk, a global leader in container logistics, has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. The company has partnered with OCI Global to deliver green bio-methanol for the journey, which … Read the full press release

ZF Launches Space-Saving Marine Hybrid Module for Efficient Ship Electrification

(IN BRIEF) ZF, a leading driveline and chassis technology specialist, has introduced a marine hybrid module that simplifies the electrification of ships. The module features a patented supporting frame, eliminating the need for a separate base and offset-adjustment coupling for … Read the full press release

TÜV Rheinland Enhances UK Textile Testing Services with New Fibre Composition Analysis Lab

(IN BRIEF) TÜV Rheinland, a leading testing and certification company, has opened a new textile testing laboratory in Derbyshire, UK. The facility offers a range of services including Fibre Composition Analysis, colour fastness testing, and physical and mechanical testing. It … Read the full press release

Yara International Strengthens Leadership Team with EVP Appointment for Global Plants & Operational Excellence

(IN BRIEF) Yara International ASA, a global crop nutrition company, has announced an executive management change. Johan Labby will take on the role of EVP Global Plants & Operational Excellence starting from July 1, 2023. Pål Hestad will step down … Read the full press release

TotalEnergies and Tree Energy Solutions Collaborate on Large-Scale e-NG Production Unit in the United States

(IN BRIEF) TotalEnergies and Tree Energy Solutions (TES) have formed a partnership to develop a large-scale production unit for e-natural gas (e-NG) in the United States. The project aims to produce 100,000 to 200,000 metric tons of e-NG per year … Read the full press release

Alfa Laval Leads the Way in Methanol Transition with Landmark Project for Chinese Shipowner

(IN BRIEF) Alfa Laval, a leading provider of heat transfer and fluid handling technologies, is making significant progress in the marine industry’s fuel transition by securing a pioneering project for the installation of its methanol solutions on four container vessels … Read the full press release

Yara International Invests in Cutting-Edge Facility for Specialty Crop Nutrition and Biostimulants

(IN BRIEF) Yara International, a leading crop nutrition company, has announced plans to construct a state-of-the-art production plant for specialty crop nutrition products and biostimulants. The plant, set to be one of the largest globally, aims to meet the growing … Read the full press release

Hapag-Lloyd Announces Leadership Transition: Joerg Sonne Assumes Role as Senior Managing Director for Region North Europe

(IN BRIEF) Hapag-Lloyd, a global container shipping company, has announced executive changes with Joerg Sonne appointed as the Senior Managing Director for Region North Europe, replacing Martin Rolf, who will transition to the role of Managing Director Human Resources. Sonne … Read the full press release

Enhanced Supply Chain Management: Kuehne+Nagel Unveils Real-Time Container Tracking Solution

(IN BRIEF) Kuehne+Nagel has introduced the Container Dashboard, a new feature on their myKN online platform, addressing the need for real-time container visibility in supply chain management. The dashboard utilizes a geo system cloud solution to enable customers to track … Read the full press release

DNV Report: Maritime Industry Must Prioritize Safety amidst Decarbonization and Digitalization

(IN BRIEF) A new report by DNV and Lloyd’s List Intelligence highlights the need for the maritime industry to prioritize safety amidst transformative changes. The report reveals a significant increase in safety incidents related to machinery damage or failure. It … Read the full press release

ABP opens dedicated history floor at Immingham Museum

(IN BRIEF) Associated British Ports (ABP) has officially opened the ABP Room, a floor dedicated to the history of the Port of Immingham at Immingham Museum in the Humber. The room, located on the museum’s first floor, was made possible … Read the full press release

Arkema Unveils Easy3D Platform for On-Demand 3D Printing Materials Ordering

(IN BRIEF) Arkema, a French specialty chemicals company, has launched its new online platform called Easy3D, which allows users to select and order 3D printing materials online from trusted suppliers. With the help of a proprietary algorithmic selection tool, the … Read the full press release

Singapore’s Methanol Bunkering Working Group to Develop Technical Reference with DNV’s Expertise

(IN BRIEF) Classification society DNV has joined a working group on methanol bunkering managed by the Standards Development Organisation at Singapore Chemical Industry Council (SCIC-SDO). The group aims to develop a Technical Reference for methanol bunkering in Singapore, the world’s … Read the full press release

London Metal Exchange names John Williamson as interim chairman

(IN BRIEF) John Williamson has been appointed as the interim chairman of the London Metal Exchange (LME), effective from April 28, 2023. Williamson will replace Gay Huey Evans, who will be stepping down at the end of April. Williamson is … Read the full press release

DNV-led Maritime Technologies Forum releases report on gaps in crew training and safety management for maritime decarbonisation

(IN BRIEF) The Maritime Technologies Forum (MTF) has released a report on gaps in safety management practices and crew training requirements for achieving safe maritime decarbonization. The report focuses on three existing Conventions/Codes: International Safety Management (ISM) Code, International Convention … Read the full press release

Standard Chartered acts as Sustainability Coordinator and Hedge Coordinator in MISC Berhad’s sustainable-linked loan agreement

(IN BRIEF) Standard Chartered has played a key role in a USD527 million syndicated loan facility for MISC Berhad’s six Very Large Ethane Carriers (VLECs). The 11-year sustainable-linked non-recourse term loan aligns with MISC’s long-term sustainability goals of achieving net-zero … Read the full press release

BAE Systems Celebrates Best Suppliers at Partner 2 Win Awards Ceremony

(IN BRIEF) BAE Systems has awarded 13 suppliers for their top performance in on-time delivery and quality standards at its sixth annual Partner 2 Win Supplier of the Year awards ceremony in Austin, Texas. The Partner 2 Win program is … Read the full press release

APM Terminals Mumbai named top-performing terminal in India for 64th month in a row

(IN BRIEF) APM Terminals Mumbai, also known as GTI, has been named the top performing terminal in India for the 64th consecutive month in the January 2023 ranking published by NICDC Logistics Data Services. The terminal has maintained its position … Read the full press release

GTT wins contracts to design tanks for three LNG carriers

(IN BRIEF) French engineering company GTT has secured two orders for three new Liquefied Natural Gas Carriers (LNGCs) from the Korean shipyard Daewoo Shipbuilding & Marine Engineering. The deal involves GTT designing the tanks of the vessels, which will each … Read the full press release

MacGregor secures EUR 20 million RoRo equipment deal with Grimaldi Group

(IN BRIEF) Cargotec’s MacGregor has received an order valued at over EUR 20 million for comprehensive RoRo equipment packages for five new Pure Car and Truck Carriers (PCTC) vessels to be built by China Merchant Heavy Industries for Grimaldi Group. … Read the full press release

Maersk Bridges Connectivity Gap with New Air Corridor Between US and China

(IN BRIEF) Maersk has introduced two new air freight services connecting the United States with China to meet its customers’ end-to-end logistics needs. The services will commence with two weekly flights between Greenville-Spartanburg International Airport (GSP) and Shenyang Taoxian International … Read the full press release