Logistical Solutions News

The American Bureau of Shipping (ABS) has approved in principle the Bassoe D-Floater, a floating offshore wind turbine foundation.It is said that the Bassoe D-Floater foundations will be able to handle 15 megawatt offshore turbines, which will be among the world's largest. Apart from prototypes being tested onshore, there are no 15 MW turbines installed offshore as of yet. They can be as tall as the Eiffel Tower and can weigh upwards of 2,000 tons.What is more, according to the press statement announcing the ABS AiP…

Groningen-based shipping company Longship said it has ordered a series of four "ultra-low" emission 8,600 TDW vessels from Atlas Shipyard in Turkey, with the first unit to be delivered in spring 2024Based on a new ship design developed by Longship with Dutch naval architect Ankerbeer BV, the vessles will reduce emissions and be compliant with the EU Stage V standards applicable to non-road mobile machinery (NRMM). The hull design and diesel-electric propulsion system delivers an ultra-low fuel consumption by using two low revolution engines.According to the companies…

Norwegian offshore wind service vessel firm Edda Wind has taken delivery of Edda Brint service operation vessel from Spain's Astilleros Balenciaga. The vessel is the second vessel delivered as part of a seven-vessel newbuilding program.The new Service Operation Vessel (SOV) will start installation of the motion compensated gangway system after leaving the yard in Spain, and start a fifteen-year contract with Vestas at the Seagreen Offshore wind farm in Scotland in January 2023. “The delivery of Edda Brint is a further evidence of Edda Winds ability to secure long-term contracts for its fleet.

Norwegian ship designer Sirius Design & Integration has won a contract with Norway-based company Gen2 Energy AS to design two specialized ships for the transport of large quantities of containers with compressed hydrogen.The Gen2 container carriers will be about 190 meters long and will be able to carry 500 40-foot containers."The vessels will be designed with the aim of leaving the least possible climate footprint. Using hydrogen in the propulsion systems of the vessels will be part of the design work.

Fincantieri Bay Shipbuilding announced Wednesday it will build a second liquefied natural gas (LNG) bunker barge for PNE Marine Holdings, an affiliate of Northstar Terminals subsidiary Polaris New Energy. The new 5,500 cubic meter (CBM) capacity barge will be a sister to Clean Canaveral, which is scheduled to be delivered to Polaris in mid-November.The maritime sector is seeing growing demand for economical supply of LNG fueling, with more than 400 new vessels utilizing the cleaner…

The chaos that has bedeviled global supply chains in recent months will extend into next year, with a lack of truck drivers preventing hundreds of container vessels from offloading goods around the world, shipping group Maersk said.“The whole system has become one gigantic bottleneck,” Chief Executive Soren Skou told reporters on Tuesday.Skou said the biggest problem preventing containers from leaving ports is a lack of labor, particularly drivers of heavy goods vehicles in the…

Shipping group A.P. Moller-Maersk said on Tuesday record-high freight rates boosted quarterly earnings despite lower container volumes due to congestion at ports.The coronavirus pandemic has prompted a shortage of container ships and logjams at ports at a time of high consumer spending, pushing the cost of transporting freight to record levels.Maersk, which handles one in five containers shipped worldwide, said its main Ocean business is now expected to grow below that of global container demand…

Offshore Support and Logistics Services Company (OFCO – Offshore International), the integrated maritime logistics service provider that is jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi Ports’ marine services arm, announced it has acquired seven offshore support vessels, including four anchor handling tugs, a 65-meter landing craft, as well as a supply ship and multipurpose safety standby vessel.Officially launched in January 2021, OFCO provides onshore and offshore integrated logistics solutions, and subsea services.

KOTUG International B.V. (KOTUG) established an inland shipping division to provide electric powered pusher tugs and smart AI-driven dispatch and route planning applications for the inland water transportation industry, aiming to support the worldwide energy transition and the modal shift from road transport to waterways while meeting the growing demand for electric-powered vessels. "The inland shipping market offers a great opportunity for sustainable logistical solutions," says Ard-Jan Kooren, CEO of KOTUG International B.V.

South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment of conditions precedent which is expected to be concluded by the end of the last quarter of 2019.During August 2019, Grindrod announced as part of its strategic review process, its intention to dispose of certain non-core businesses which included its agricultural investments in NWK and Senwes.Said Andrew Waller, CEO Grindrod Limited: “As was communicated at the interim results announcement…

NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., has announced the formation of Polaris New Energy (“PNE”), a marine transportation company focused on the transportation and distribution of liquefied natural gas (LNG) along the coastal and inland waterways of the United States.NorthStar has executed an agreement with Fincantieri Bay Shipbuilding to build a 5,400 cubic meter (CBM), with the ability to potentially construct two sister barges, for coastwise transportation of LNG.

Global energy trader Vitol has agreed to acquire a further 50 percent share of the global asphalt trading company VALT to integrate the asphalt trading business into the company.VALT is the bitumen joint-venture it established with Sargeant Marine in 2016.The Swiss-based company said in a press release that it would acquire the final 50 percent of the joint venture which it established with Sargeant Marine in 2016. This means, on transaction completion, Vitol will own 100 percent of VALT.The acquisition will make Vitol a leader in the trading, storage and marine transportation of asphalt products around the world, with a dedicated fleet of eleven specialised vessels.Volumes are circa 1.4 million metric tons of asphalt per annum…

Maersk Line, the global containerized division of the Maersk Group, announced the commencement of its new commercial office in Kathmandu, Nepal from 1st of June this year.Maersk Line since its entry into the Nepal market over 20 years back has been providing shipping and logistical solutions through its strong network in India. However, with the rapid growth of trade in the region, Maersk Line sees an opportunity to serve its customers better by being closer to them.Maersk Line’s customer centric approach is reflected through its dual service offerings to Nepal through Kolkata and Visakhapatnam. Its offering between Kolkata port and Inland Container Depot (ICD) at Birgunj on merchant haulage underlines its focus to provide end-to-end shipping solutions.In June 2017…

​ZIM Integrated Shipping Services Ltd (ZIM)continues to outperform the industry and achieve improved results, claims the company. The shipping liner industry went through major developments and structural changes which include reshaping of the alliances and M&A activities that took place over the last quarters. "Since Q3 2016 we have been witnessing a positive trend in the industry with improved freight rates in most trades, however, market conditions on the whole, remained challenging and volatile," said a statement form the company. In the face of this tough business environment, ​ZIM continues to outperform the industry and achieve improved results.

CMA CGM, a leading worldwide shipping group, launches Saturday April 1st the 40 new maritime services of its new operational alliance OCEAN Alliance. Combining this new offer of maritime services with a global intermodal and logistics offer, CMA CGM Group and its subsidiaries supply its customers with tailored solutions, even more competitive on the routes Asia-Europe, Asia-Mediterranean, Asia-Red Sea, Asia–Middle East, Trans-Pacific, Asia-East Coast of North America trades and Transatlantic. CMA CGM Group is the major player in this operational alliance, as it brings 119 of the 323 ships to OCEAN Alliance. With its 650 offices in more than 160 countries…

In 2017, leveraging its global presence, dynamism, capacity of adaptation and innovation, and strategic actions implemented in 2016, CMA CGM should benefit from the sector’s improving environment, initiated in the 4th quarter of 2016. According to a company press release, the group will maintain its discipline in its unit expenses control, pursuing the execution of the Agility plan. CMA CGM does not anticipate any new ship orders on a short-term basis in order to maintain the still delicate balance between supply and demand. The Group has also postponed to 2018 the delivery of 3 vessels originally planned in 2017. The company said that it will continue its development strategy by strengthening of the maritime offer with an additional offer in logistics.

Maersk Line today launched a mobile app to manage and track cargo on the move. documentation. Commenting on this development, Mr. Franck Dedenis, Managing Director, Maersk Line (India, Sri Lanka and Bangladesh) said, “We are excited to announce the launch of this mobile app which will help find and manage cargo in an instant. improving and simplifying our interaction with our customers. This will enable customers to further strengthen their businesses and create a dynamic business platform to expand globally in a convenient and faster way. This move is a step towards a paperless and hassle free shipping industry. The app is compatible with iOS and Android devices. The app can be downloaded from Play store and App Store.

Maersk Line announced the opening of a new container depot at Nexus Industrial Estate in Altona, Australia, officially opened by Victorian Minister for Ports and Major Projects, the Hon. David Hodgett MP. Through taking over a 5ha facility, Maersk Line said it has become the anchor tenant at Salta Properties’ 40ha Nexus Industrial Intermodal Terminal at Altona. Salta Properties is developing two Nexus Industrial Intermodal Terminals, one in Altona and the second is a larger 180ha site at Dandenong South, which will open in the coming months.

Scandinavian Shipping & Logistics and Kestrel Liner Agencies are now working in partnership to offer a full range of logistics services between Scandinavia and the Caribbean and Latin America. Kestrel Liner Agencies has appointed Scandinavian Shipping & Logistics (SSL), an independent full service agency based in Sweden, as its agent in Sweden, Norway and Finland. SSL, owned by the Swedish Greencarrier Group and the German company Menzell & Döhle, specializes in liner agency, port agency, freight agency, forwarding and project logistics. Kestrel, established in the U.K. 20 years ago, specializes in sea and air freight to and from the U.S., South America and the Caribbean.

Having recently announced improved Genoa to New York import service, Troy Container Line, one of the world’s largest American-owned NVOCCs, continues to meet the demand from this European market with its direct LCL import services from Naples, Italy to New York. Through collaborative efforts, Combi Line International Spa and Troy Container Line offer a 14-day, direct transit from Naples, in addition to pick-ups throughout Italy. This LCL import service is another prime example of Troy Container Line’s dedication to providing the utmost in quality maritime transportation solutions. Chris Hellow, COO of Imports, continues to work diligently with Gianni Velona…

Nor-Shipping announced the nominees for the 2013 Nor-Shipping Awards which recognize achievements in three different areas – energy efficiency, innovative ship design and young entrepreneurship. HRH Crown Prince Haakon of Norway will present the awards when they are announced at the Opening Conference on June 4. The Energy Efficiency Award (previously Clean Ship Award) pays tribute to the ship with the greatest contribution towards energy efficiency in relation to its function or operation.

Cory Brothers Shipping Agency is pleased to announce it is now able to offer Shipping Agency services in Gibraltar in conjunction with its partner, the Gibunco Ship Agency, part of the Gibunco Group. Cory Brothers, together with Gibunco Ship Agency, brings a wealth of experience to Gibraltar in Port Agency, Bunker Agency, STS Operations and Logistical solutions. Operating in the Port of Gibraltar adds strategically to Cory Brothers continuing global expansion, complimenting the companies’ Singapore office and Far Eastern activities as well as its presence in Europe and South America.