Hyundai Global Service, Intellian Partner
Intellian signed a strategic partnership with Hyundai Global Service (HGS), a subsidiary of the shipbuilding company Hyundai Heavy Industries (HHI) group, on July 15 at Centum Science Park in Busan, Korea.As the first step of the cooperation, both companies will expand HGS’ innovative ‘Integrated Smart Ship (ISS)’ solution; a digital ecosystem for vessel and fleet management, incorporating a data analysis platform. This solution supports optimal vessel operation and management and is expected to reduce fuel costs by over 6% per year.
Yang Ming Enhances Network
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced new China-Thailand direct service and Thailand - Indonesia express service.Under the impact of rising global trade tensions, a relocation and adjustment of cargo flow and supply chains is expected. To cope with this trend, Yang Ming Marine Transport Corp. continuously strengthens its Asian service network as well as the quality of Asian routes.Yang Ming has announced the launch of a new Intra-Asia service, China-Thailand Service (CTX service).
Inmarsat, Space Norway to Launch Arctic Satellites
Inmarsat will introduce two new satellite payloads dedicated to the Arctic region in a partnership with Space Norway, and its subsidiary Space Norway HEOSAT.The new Global Xpress (GX) payloads support the rapidly growing demand among both commercial and government users for seamless, reliable, high-speed mobile broadband services in the Arctic and throughout the world. They specifically address rising demand for high-speed mobile broadband Fleet Xpress service capability from the merchant shipping…
PPG Wins 5-year Contract from MSC
The global supplier of paints and coatings PPG Industries has been awarded a five-year, $78 million contract by the US Navy Military Sealift Command (MSC) to provide coatings, solvents and technical services to MSC’s fleet of approximately 125 ships.PPG’s global supply and service network will ensure the availability and delivery of a range of coatings and services to Military Sealift Command drydocking facilities around the world, said a press release.Products will include: the PPG PSX brand of polysiloxane coatings…
INSIGHTS: Joel Reid, Global Sales Director, COX Powertrain
Joel Reid joined Cox Powertrain in April 2015. He holds an EMBA in Business from the University of Chicago, a Master’s Degree in Marine Surveying and a Bachelor’s degree in Business Administration. Reid has been instrumental in bringing Cox’s ground-breaking 300hp diesel outboard to market and has worked tirelessly over the last three years to create an enviable global distributor network. Reid is currently focuses his efforts on sales, distribution and support in the US market, which it is predicted to account for approximately 50% of Cox’s diesel outboard sales globally.
Aalborg Boiler Solutions Celebrate 100 Years
As Alfa Laval Aalborg boiler solutions celebrate 100 years in the marine industry, Alfa Laval is delivering multi-fuel Aalborg boiler solutions and helping customers prepare existing boiler systems for tomorrow’s fuel scenarios.A century ago, when the first marine boiler left the Aalborg Shipyard in Aalborg, Denmark, there were no regulations governing fuel content or vessel emissions.Much has changed in this regard since 1919, and the industry now faces further sharp demands from the 2020 global sulphur cap.
ZIM Expands Refrigerated Container Fleet
The Israel-headquartered container carrier Zim Integrated Shipping Services (ZIM) is expanding its ZIMonitor containers fleet in 2019 and adding advanced “Star Cool” containers manufactured by Maersk Container Industry (MCI).MCI informed that it has secured an order of 500 Star Cool Integrated Reefers from ZIM Integrated Shipping Services, establishing a strong relationship with the customer.For decades, ZIM has been offering advanced transport of fruit, meat, medicines, and other frozen or refrigerated cargo to its customers.
EemsWerken Concludes Radio Holland Contract
Dutch shipping company Eemswerken (Werkendam) has concluded its service contracts with Radio Holland Netherlands, covering its entire fleet of cargo vessels.Radio Holland Netherlands was founded in 1916 by a number of leading Dutch shipping companies with the purpose of installing, maintaining and operating maritime radio stations.The service contracts include the SOLAS annual surveys, special regional service rates and on-demand services of the Navigation and Communication equipment on board, around the world.
Yang Ming Establishes Indonesia Subsidiary
Taiwanese shipping company Yang Ming Marine Transport Corp. will form a new subsidiary with partners in Jakarta Indonesia named PT Yang Ming Shipping Indonesia Today (16th May 2019).PT Yang Ming Shipping Indonesia will have branch offices at Surabaya, Panjang, and Palembang. The company has nominated Benson Chou as President Director for the first term."Prompted by the rapid economic growth in Southeast Asia, global carriers begin to strengthen their regional services to meet the growing market demand.
HMM, FESCO Expand Cooperation
South Korean major Hyundai Merchant Marine (HMM) unveiled its plans to expand cooperation with Russian container line FESCO on their China Russia North Service (CRN).HMM has been jointly operating a China-Korea-Russia weekly service, under the name of ‘CRN’ with FESCO and CMA CGM.With the expansion of cooperation, the current CRN will be reorganized and two of new direct services connecting Korea and Russia, named 'KR2 (Korea Russia Service 2)' and 'KRS (Korea Russia Service)', will be introduced in the service network of HMM.HMM deploys one vessel (1,000 TEU) on the KR2 which directly connect
Liebherr Turnover Tops $11 Billion
The Liebherr Group notched up a company record turnover of $11.8 million in 2018, representing an increase of $828 million, or 7.5 %, compared with the previous year.Despite a slight decline in overall economic growth, revenues from construction machinery and mining equipment rose by 10.8 % to $7,761 million, with especially strong contributions from the Earthmoving, Mobile Cranes and Mining divisions. In the other product areas, which include Maritime Cranes, Aerospace and Transportation Systems…
ONE Announces New Global Network
The global container shipping company Ocean Network Express (ONE) has recently announced the new global container service network for 2019.The Japanese container shipping company that is headquartered in Singapore said in a press release that the 2019 ONE network design will provide a comprehensive range of stable and reliable containership services, covering a broad range of ports in over 100 countries.Network innovations have been deployed to enable ONE to better service the…
Wärtsilä solution for Tokyo LNG Tanker Co.
Wärtsilä signed a long-term Wärtsilä Optimized maintenance solution with Japan's Tokyo LNG Tanker Co. Ltd, a subsidiary of Tokyo Gas. The solution is designed to support the customer in a range of maintenance needs for three LNG carriers powered by Wärtsilä 50DF dual-fuel engines. The solution, the first of its kind between Wärtsilä and a fully owned Japanese marine customer, covers scheduled maintenance as well as dynamic maintenance planning inspections and spare parts. The optimized…
Corvus Energy Acquires Grenland Energy
Corvus Energy Holding, the Energy Storage Systems (ESS) supplier to the maritime industry, has signed an agreement to acquire all shares in the Norway-based Grenland Energy, which develops and manufactures lightweight lithium-ion batteries for the maritime, offshore and subsea industry.“The market for battery storage is increasing rapidly. It is the perfect time to combine resources, competencies, and technologies with an optimized global footprint. We are eager to join forces with innovative companies such as Grenland Energy to offer extended and more specialized solutions and services…
Yang Ming Cuts Losses, Optimizes Fleet
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.However, in Q3 2018, Yang Ming posted consolidated revenues of USD $1.3 billion, a growth of 15.2% compared to the second quarter of the year.According to a press statement Yang Ming, one of the main reasons for the loss was an “unfavourable supply-demand balance”…
Wärtsilä Acquires Burriel Navarro
Technology group Wärtsilä said it has acquired Spanish underwater services provider Burriel Navarro, S.L.Burriel Navarro, which performs a range of underwater work, including inspection, repair and hull cleaning from Spain's main ports, will be part of Trident, a company Wärtsilä acquired in early 2018.Wärtsilä said the Burriel Navarro acquisition further supports the growth of its underwater services and expands the company’s local presence in the European market – from developing…
ABB to Boost Superyacht Sustainability and Efficiency
A new 80-meter superyacht, built at the Nobiskrug shipyard in Germany, will feature a wide scope of ABB’s technologies that will enhance its environmental performance and help the vessel comply with the International Maritime Organization’s new Tier III regulations. The new regulation comes into force for all superyachts from 2021 onwards and requires nitrogen oxide (NOx) emissions to be 70 percent lower than those permitted under current limits.Due delivery in 2019, the superyacht…
Wan Hai Lines Joins INTTRA’s Network
Taiwan shipping company Wan Hai Lines has joined INTTRA, the neutral network, software and information provider at the center of the ocean industry. This addition means INTTRA is now working with the top 12 carriers, said the company.Wan Hai is one of the top intra-Asia carriers based on market share, with that segment representing the largest containerized trade in the world. In addition to offering extensive service network in Asia, Wan Hai has expanded to the U.S., South America, Africa and the Middle East in recent years.
Shipbuilding: Synergy's New 20,000+ TEU Containership
Synergy Group took delivery of Ever Gifted, an Ultra Large Container Vessel (ULCV) newbuilding built in Japan at Imabari Shipbuilding.Currently under Synergy’s technical management on Evergreen Line’s popular Far East-North Europe and Mediterranean service, the 20,000+ TEU capacity ULCV is one of the largest container ships in service worldwide.Captain Rajesh Unni, CEO and Founder of Singapore-headquartered Synergy Group said: “The Ever Gifted is one of the highest capacity container ships currently in service.
Taiwan's Evergreen Opens Four New Offices in Latin America
Taiwanese container transportation and shipping company Evergreen Marine Corp. is expanding its operations into Central and South America this year following the recent opening of four new agency offices in the region."In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the line’s operations, improve its capability to react to market opportunities…
Yang Ming Launches New China-Malaysia Direct Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corp. (YM) has announced the launch of CMS service (China-Malaysia service) with effect on February 23rd, 2019 (estimated time of berth from Qingdao).The service is jointly operated by Yang Ming, Gold Star Line Ltd.(GSL), T.S. Lines Co., Ltd (TSL) and CNC, a brand of APL Co. Pte Ltd. Each carrier will deploy a container vessel of nominal 4,250 TEU capacity, said a statement from the marine transportation company.The ports of call are Qingdao…
THE Alliance to Operate 249 Ships in 2019
THE Alliance members Hapag-Lloyd, Ocean Network Express(ONE) and Yang Ming have published details of a rationalised revamped network for east-west trades effective from next year.The forthcoming THE Alliance products of 29 services will cover 76 ports in Asia, Europe including Mediterranean, North and Central America, the Middle East, Red Sea and Indian Subcontinent, said a joint press release.Deployment of over 249 efficient container ships with expanded capacity, offering improved service coverage…
Maersk Enhances Asia-Europe Network
Six ships will be added to A.P. Moller - Maersk's new route network between Asia and Europe, the Danish conglomerate announced new changes to its services connecting Asia and Europe.Changes implemented in the second quarter of 2018 have improved the reliability of company’s schedules. However, port congestions and unfavorable weather conditions have resulted in delays.“We are now progressing on the improvements made earlier in 2018 to further enhance our schedule reliability across our Asia-Europe Network”…