S Global Network News

18 Feb 2020

DP World to Delist from Nasdaq Dubai

Image: DP World

DP World, one of the world’s largest port operators, is delisting from the Nasdaq Dubai and returning to fully private ownership.According to a press release, the  UAE-owned port behemoth’s parent company, Port and Free Zone World, has offered to buy the 19.55% of DP World’s shares traded on the Nasdaq Dubai for $16.75 a share, representing a 29% premium on its closing price of $13 per share on Sunday.DP World's parent company will pay Dubai World $5.15 billion to help the government-owned conglomerate with its outstanding commitments to banks.DP World remains financially strong…

13 Feb 2020

DP World Acquires Ukraine's TIS Terminal

Sultan Ahmed Bin Sulayem. Photo: DP World

Marine cargo handling company DP World has agreed to acquire a majority 51% stake in TIS Container Terminal in the Port of Yuzhny, Ukraine, subject to the satisfaction of certain conditions, including regulatory approval."Bringing the TIS Container Terminal into DP World's global network of ports, economic zones, warehousing, and inland logistics solutions will strengthen its position as the market-leading terminal of Ukraine," said a press release from the global supply chain…

11 Feb 2020

Port Bronka, NBG Sign Agency Pact

Image: © Port Bronka

The owner and operator of Port Bronka Fenix LLC St.Petersburg and NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg have signed an agency agreement for the promotion of the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg.The port handles container, project, break bulk and ro-ro cargo. The current capacity of the port is 500.000 TEU and 130.000 units of ro-ro cargo per year.The further development plan includes an increase in the container…

10 Feb 2020

Port Bronka, NBG Sign Agency Pact

Image: © Port Bronka

Fenix LLC St.Petersburg, owner and operator of Port Bronka, inked an agency agreement with NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg, to promote the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg.The port handles container, project, break bulk and ro-ro cargo. The current capacity of the port is 500.000 TEU and 130.000 units of ro-ro cargo per year.The further development plan includes an increase in the container cargo capacity…

26 Jan 2020

UHL Takes-over Nine F900 Vessels

Image: United Heavy Lift

The German shipping company United Heavy Lift (UHL)  Hamburg has taken over a modern Heavy Lift fleet of nine eco-friendly F900 newbuildings.The vessels each have a cargo capacity of 14,100 dead-weight tonnes and are capable of lifting loads of up to 900 tonnes. Being built in 2018 and 2019, most of the nine vessels have only just hit the water. They are sailing under the Portuguese flag.“Our mission is to expand our company’s position as front-runners for an eco-friendly Heavy Lift shipping industry. The fleet of nine newbuilding F900 vessels is a perfect match for our sustainability policy.

20 Jan 2020

GMT Invests in Argo Travel Group

Image: Argo Travel Group

Global Marine Travel, a Florida-based travel management company to the maritime industry, has partnered with the Greek travel firm Argo Travel Group to enhance its travel offering, particularly in terms of service delivery and driving growth in the Greek and international markets."In Argo, Global Marine Travel, gains a marine partner with an experienced team and a strong reputation for service delivery, that will drive the growth of the business in Greece and other international locations…

19 Dec 2019

LR Awards Wärtsilä Cyber Certification

Photo: Wärtsilä

Lloyd’s Register (LR) has awarded Wärtsilä system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR’s ShipRight SAFE AL2 certification, which is with Wärtsilä’s Data Collection Unit (WDCU), gives Approval-in-Principle (AiP) for the entire Wärtsilä integrated system network, rather than for any individual component. The certification is one of the first of its kind to be awarded globally.At a time when information and operational technologies onboard ships are being networked together…

06 Dec 2019

Sea Machines & HamiltonJet Collaborate

Boston-based Sea Machines Robotics announced it has commissioned an SM300 autonomous control system aboard a HamiltonJet-powered workboat in New Zealand. HamiltonJet is now trialing this marine technology and has offered to provide on-demand customer demonstrations in the Southern Hemisphere.The combination of Sea Machines and HamiltonJet systems for commercial vessels will help enable autonomous control of commercial vessels executing nearshore or coastal missions. The integration of water-jets delivers increased maneuverability, precise station-keeping and even emergency stops. The internal nature of a water jet drive also increases confidence when running autonomously and allows shallower-water operation.

03 Dec 2019

Unifeeder Acquires Feedertech

Jesper Kristensen. Image courtesy: Unifeeder A/S

Denmark’s Short-sea operator Unifeeder , part of the global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator.The Group’s Chairman, Ali Maghami, will retain the remaining 23% shareholding.Established in 2003, the Group operates two companies; Feedertech, which is a feedering service and Perma, a regional shortsea network. Both operate in the same market and connect the fast-growing trade route of Asia-Middle…

20 Nov 2019

ZIM Back into Black

Pic: ZIM Integrated Shipping Services

Israeli international cargo shipping company ZIM Integrated Shipping Services continued to record improvements and to expand its global network to its customers confronting  challenging business environment.ZIM has reported a net profit of USD 5 million for the third quarter of 2019, after returning to black in the second quarter of the year. (Compared: Net loss of $6.6 million in Q3 2018).Eli Glickman, ZIM President & CEO, said: “In spite of the challenging market conditions, ZIM continued to record improved results in Q3, as it did throughout 2019.

20 Nov 2019

VDRs for Inland Vessels: Does It Make Sense?

Image Credit: Danelec

It just might. And, you’ve got options.The Voyage Data Recorder (VDR) carriage requirements apply to all passenger ships regardless of gross tons or year of build, and to all cargo ships 3000 gross tons or larger built after 2002. A simplified VDR (S-VDR) is allowed on older ships built before 2002. The performance standard was updated in 2014. That said; a full type-approved VDR is not a requirement for inland vessels under 3,000 GT. Nevertheless, a good case to be made for installing a (less costly) data recording device on such vessels…

20 Nov 2019

Lineage Logistics Acquires Emergent Cold

Image: Lineage Logistics

Lineage Logistics Holdings, the world’s largest provider of temperature-controlled logistics solutions, announced it has signed definitive agreements to acquire Emergent Cold, the global cold chain services provider.This acquisition strengthens the Company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.

28 Oct 2019

B.C. Backs LNG Bunkering

Vancouver Fraser Port Authority. Image: SEA\LNG

The British Columbia Government has joined Vancouver Fraser Port Authority and FortisBC to establish the first ship-to-ship LNG marine refueling – or bunkering – facility on the west coast of North America.The use of LNG to power the world’s ocean-going vessels is forecast to expand and B.C. is well positioned to benefit from this growth.According to industry standards, replacing diesel fuel with LNG has the potential to reduce greenhouse gas (GHG) emissions by approximately 20%. Because FortisBC’s Tilbury facility runs on clean B.C.

17 Oct 2019

EU/IMO Project Drives Energy Efficiency

Image:  International Maritime Organization (IMO)

A global network of maritime technology cooperation centers has completed an impressive array of pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping.Five regional Maritime Technology Cooperation Centres (MTCCs) have been established under the Global Maritime Technology Cooperation Centers (GMN) Project, which is funded by the European Union and implemented by the International Maritime Organization (IMO)…

17 Oct 2019

EU/IMO Global Project Drives Energy Efficiency

Photo: IMO

The GMN global network of maritime technology cooperation centers has completed numerous pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping. A global network of maritime technology cooperation centers has completed an impressive array of pilot projects over the past three years, helping to drive forward the changes which are required to reduce GHG emissions from shipping.Five regional Maritime…

16 Oct 2019

Marlink, Intelsat Renew Connectivity Pact

L-R: Samer Halawi, Intelsat’s Executive Vice President, Chief Commercial Officer and Erik Ceuppens, Chief Executive Officer, Marlink Group. (Photo: Marlink)

Marlink and Intelsat have announced that the companies have agreed to a multi-year renewal and expansion of their partnership to provide broadband services to maritime vessels around the world. The multi-year agreement will deliver additional throughput to vessels via multiple layers of space-based coverage, ensuring that ship owners and operators have the flexibility and access to reliable, high-quality, always-on connectivity.Initiated in 2014, the partnership between Marlink and Intelsat enabled Marlink to enhance its extensive portfolio of maritime VSAT services.

08 Oct 2019

Data Gathered from Demonstration Ships in Asia

Pic: International Maritime Organization (IMO)

Fifteen demonstration ships in the Asia region have, to date, provided 68,517 sets of data relating to ship fuel consumption and ship optimum trim, said International Maritime Organization (IMO).It is this kind of data-gathering and analysis that is helping the regional Maritime Technology Cooperation Center (MTCC-Asia) deliver on its commitment to promote innovative technologies and operations to improve energy efficiency in the maritime sector.MTCC-Asia - one of the centers in the IMO-led…

07 Oct 2019

VDRs for Inland Vessels? Does It Make Sense?

Credit: Thomas Rollins

It just might. And, you’ve got options.The Voyage Data Recorder (VDR) carriage requirements apply to all passenger ships regardless of gross tons or year of build, and to all cargo ships 3000 gross tons or larger built after 2002. A simplified VDR (S-VDR) is allowed on older ships built before 2002. The performance standard was updated in 2014. That said; a full type-approved VDR is not a requirement for inland vessels under 3,000 GT. Nevertheless, a good case to be made for installing a (less costly) data recording device on such vessels…

24 Sep 2019

GAC Opens in Ireland

Photo: GAC

As part of its European growth strategy, the GAC Group has opened its first office in the Republic of Ireland, providing a wide range of shipping services to vessels at the country’s ports as well as in Northern Ireland.GAC Ireland provides ship agency services at all major Irish ports to a range of customers operating in sectors from tankers and dry cargo to offshore and navy vessels. Through its base in Cobh, near Cork, and the Group’s extensive regional and global network, GAC also offers customers joint agency solutions between Ireland and the UK…

17 Sep 2019

ChartCo Opens New Office in Greece

Pic: ChartCo

ChartCo, the global provider of digital navigation and compliance solutions, has expanded its global network of offices to Piraeus, Greece to help provide dedicated support for customers in this region for the shipping industries.The global leader in digital navigation services is currently supplying and supporting customers in commercial shipping, offshore, cruising and superyachts all around the world and has a prominent presence of offices in the UK, Europe and Southeast Asia.Over the past decade…

16 Sep 2019

EXMAR, Anglo-Eastern JV for LNG Management

Pic: EXMAR Ship Management

The manager of specialized floating assets EXMAR Ship Management and ship management company Anglo Eastern Univan Group formed  a joint venture (JV) dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners.The joint venture, AEX LNG Management, brings together two of the leading names in ship management and LNG ship management, with more than 70 years of combined industry experience.Based in Singapore, AEX LNG Management will draw on EXMAR’s niche expertise in the LNG sector…

22 Aug 2019

ZIM Back in the Black

Pic: ZIM

Israeli container line ZIM Integrated Shipping Services Limited reported a total revenues of  $834.3 million in Q2 2019, reflecting an increase of 3.9% compared to $803.2 million in Q2 2018.In Q2 2019, ZIM carried 731 thousand TEUs, the second highest ever carried volume (reflecting a decrease of 5.3% compared to 772 thousand TEUs in Q2 2018, ZIM’s all-times record), said a press note.The container shipping industry is dynamic and volatile and has been marked in recent years by instability…

16 Aug 2019

Industry Bodies Join Force for Ocean Economy

Pic: World Ocean Council

The World Ocean Council (WOC) and the World Association for Waterborne Transport Infrastructure (PIANC) have signed an MOU on long-term cooperation.The partnership agreement provides a commitment and framework for the two bodies to collaborate on ocean sustainable economic development through information exchange, communications, events, joint working groups, etc. on topics of shared interest.More specifically, PIANC and WOC will begin by working together to develop tools and methods for port and coastal infrastructure adaptation that can be scaled up to address port resiliency needs…

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