28695 members and growing – the largest networking group in the maritime industry!

LoginJoin

Wednesday, September 18, 2019

Value Chain News

Pic: ICS

Top Industry Bodies Preps for Sulfur Target

Leaders of the major shipping industry trade associations - international shipping associations representing shipowners BIMCO, International Chamber of Shipping (ICS), International Association of Dry Cargo Shipowners (INTERCARGO) and International Association of Independent Tanker Owners  (INTERTANKO) met in London yesterday (September 13) to consider the transformational issues affecting the sector.Top of the agenda were the preparations for the implementation of the 2020 Global Sulfur Limit.

Image by Ministry of Infrastructuur en Waterstaat, Rotterdam

Multraship, Novatug Name 2 CRTs

Netherlands-based towage and salvage provider, Multraship, has held the christening ceremony for two new Novatug Carrousel Rave tug (CRTs) at Rotterdam.Multratug 32 was christened by Mrs Muller-Ribbens and Multratug 33 by The Netherlands Minister of Infrastructure and Water Management, the Honourable Coravan Nieuwenhuizen.The CRTs offer radical improvements in safety and operational efficiency and will help with the optimization of port usage. The CRTs are able to work with seagoing…

Image: ONE

ONE Expands Reefer Fleet

Container line Ocean Network Express (ONE) is adding another 6,000 refrigerated containers (reefers) to its fleet as the trade continues to outperform that for conventional boxes.The new Reefer would expand its current refrigerated container (reefer) fleet of 240,000 TEU. Reefers include 500 units equipped with advanced Controlled Atmosphere (CA) technology which slows down the respiration and ripening process to maximize the shelf life of fruits and vegetables.These reefer containers…

Pic: A probehead for taking gas samples in hot gas atmosphere, produced at the thyssenkrupp TechCenter Additive Manufacturing. It is additive manufactured from austenitic heat resistant steel, and has a longer service life due to integrated cooling channels. Image courtesy of thyssenkrupp

Thyssenkrupp Wins 3D Printing Approval

The international accredited registrar and classification society DNV GL has awarded thyssenkrupp, German multinational conglomerate, first additive manufacturing  approval of manufacturer certificateThe shipping industry is looking to take advantage of additive manufacturing (AM), also known as 3D printing, to print spare parts, thereby reducing lead times, costs, stock requirements, and environmental impacts. Certification ensures that AM part users can have the same confidence…

Logo: Xeneta

Xeneta: Trade War Impacting on Far East

Look beneath the surface of a relatively calm month for long-term contracted ocean freight rates and, says Oslo-headquartered Xeneta, industry observers will see a maelstrom of activity, adjustments and market uncertainty.According to the latest XSI Public Indices report from Xeneta, the leading ocean freight rate benchmarking and market analytics platform, July saw a marginal decline in rates of 0.4%, with a marked fall in the Far East export benchmark. Meanwhile US exports and European imports performed well.The global index has now fallen by 2.4% since its all time high in May this year…

Captain Rajesh Unni, Co-CEO of AOT and CEO and Founder of leading Singapore-based shipmanager Synergy Group (Photo: Synergy)

ClassNK Certification for SMARTSHIP

ClassNK  confirmed type approval certification for SMARTShip, a patented digital shipping solution developed by Alpha Ori Technologies (AOT).SMARTShip, an Internet of Things (IoT) platform that enables the onboard operation of multiple systems with varying degrees of autonomy, has already been installed on more than 30 vessels, with another 60 ships are at various stages of the set-up process.ClassNK’s certification for SMARTShip approves the solution as a ‘Computer Based System’ which conforms to the Class Society’s rules governing a product performing ‘Remote Monitoring and Diagnostics’…

Image: Anek Lines

Telenor Maritime, Anek Lines Sign Pact

Greek passenger shipping company Anek Lines has partnered with Telenor Maritime, which builds 4G coverage offshore to support the oil & gas industry,  to upgrade the mobile ecosystem onboard all its ships.The connectivity platform with Mobile, Premium Wi-Fi, Ka-VSAT and mobile broadband backhaul improves the complete digital value chain with services enhancing operational efficiency and the passenger’s onboard experience.Lars Erik Lunøe, CEO of Telenor Maritime said: "This is an important step for Telenor Maritime’s service-expansion into the Mediterranean…

Marine Interiors 2019: Designers on Board

Ship designers and architects are experts at merging design and safety on board cruise ships. The considerations that make the difference will be on top of the agenda of the Marine Interiors specialist panel discussions during the Seatrade Europe conference program.To make sure that cruise passengers will feel comfortable in every respect, designers and architects leave nothing to chance when designing ship interiors. Based on the shipowner’s suggestions they develop restaurants, bars, suites and spas down to the tiniest detail.

Image: Norsea Wind AS.

Wilhelmsen Acquires 50% of NorSea Wind

Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of  Norsea Group, provides project management and logistics planning throughout all stages for on and offshore wind farm projects.It is the focal element within Norsea Group where it integrates all service offerings for the wind energy segment as it’s go-to-market strategy.

Kenneth Vareide (Photo: DNV GL)

DNV GL Appoints New Digital Solutions CEO

Kenneth Vareide has been appointed the CEO of DNV GL’s Digital Solutions business area, which is a provider of solutions for managing risk and improving asset performance.Its services are used primarily by the oil & gas, energy, renewable and maritime industries and it consists of close to 1,000 digital experts. Vareide joined DNV GL as a trainee in 1996 and most recently held the position of Digital Director in business area Maritime.“DNV GL has been a digital pioneer since the 1960s and it is an exciting and challenging time to pick up the CEO’s baton…

Photo: Qatar Petroleum

QP Ships Naphtha to Thailand

Qatar Petroleum (QP), a state owned petroleum company of Qatar, said that it had concluded a 10-year sales agreement to supply Thailand's SCG Chemicals with a total of 3 million metric tons of light naphtha starting from this month.The agreement was made for and on behalf of the Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), Qatar Petroleum said in a press release.This long-term supply agreement is the first QPSPP naphtha feedstock sale to an end-user in Thailand…

Pic: SEA\LNG

SEA\LNG Welcomes Vancouver Fraser Port

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port  is the first North America port member to join the industry group.The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to join the coalition, alongside Port of Rotterdam, Yokohama-Kawasaki International Port Corporation (YKIP), and most recently the Maritime and Port Authority of Singapore (MPA).

Rebecca Hofmann Photo:  OOC Oil & Gas Blockchain Consortium

Oil, Gas Majors Join Blockchain Consortium

A group of seven major oil and gas companies, including ExxonMobil Corp., Chevron Corp. and ConocoPhillips, announced a partnership to establish the first industry blockchain consortium in the United States.With several use cases across the industry value chain, the consortium intends to conduct proofs of concept with this emerging technology in 2019, said a press release from OOC Oil & Gas Blockchain Consortium.The OOC Oil & Gas Blockchain Consortium was founded to advance industry blockchain technology learnings for the purpose of driving industry standards…

Pic: DCP Midstream

DCP Sells Terminals to NGL

Delaware-based NGL Energy Partners and Colorado's DCP Midstream have executed a purchase and sale agreement under which DCP will convey to NGL its wholesale propane business, generally consisting of seven natural gas liquids terminals in the Eastern United States.Under the terms of the agreement, NGL will acquire 100% ownership of five propane rail terminals operated by Gas Supply Resources, a subsidiary of DCP, and 50% ownership interest in a sixth propane rail terminal.The agreement also includes an import/export terminal located in Chesapeake…

Pic: Ship Recycling Transparency Initiative

Ship Recycling Transparency Initiative Launched

Industry leaders and non-profit the Sustainable Shipping Initiative announced the launch of the Ship Recycling Transparency Initiative’s (SRTI) online platform - a tool for sharing information on ship recycling to drive responsible practice.According to a press release, the platform comes nine months after a group of shipping companies first announced their collective effort to use the market-drivers that transparency brings to make responsible ship recycling the norm. Demanding transparency holds the shipping industry to account…

Pic: Cargotec

Cargotec Makes Waves in Maritime Startup Program

Cargotec, the Finnish company that makes cargo-handling machinery, has  partnered with Rainmaking in September this year to establish a startup collaboration programme called Trade & Transport Impact.The programme connects world leading corporations and innovative startups to address the biggest challenges in maritime, cargo transport and logistics, said a press release.Applications to join can now be made, and Cargotec invites startups worldwide to join with us in the Rainmaking Trade & Transport Impact programme."Maritime logistics is full of inefficiencies throughout the value chain…

Raa Labs CEO, Ari Marjamaa. Pic: Wallenius Wilhelmsen

Wilhelmsen Unveils Raa Labs

Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future, improving efficiency and introducing new business models. “To fully embrace innovation, you need to understand the bigger picture to ensure that every action you take not only saves the day or the week…

Musabbeh Al Kaabi. Photo: Cepsa

Cepsa Appoints Musabbeh Al Kaabi as Chairman

Spanish multinational oil and gas company Cepsa announced that Musabbeh Al Kaabi was named as Chairman in succession to Suhail Al Mazrouei at a meeting of the Board of Cepsa.This follows the appointment by Mubadala, as sole shareholder, of Saeed Al Mazrouei, Ahmed Saeed Al Calily and Bakheet Al Katheeri as members of the Board for a statutory period of four years.The three new board members, all senior executives of the Mubadala group, have distinguished backgrounds and broad experience and knowledge of the energy sector.Musabbeh Al Kaabi…

Photo: Abu Dhabi National Oil Company

Total Wins 40% Stake in Unconventional Gas Concession

Abu Dhabi National Oil Company (Adnoc) has awarded a 40 per cent stake in the Ruwais Diyab gas concession to French energy major Total.Adnoc group, for which the award is an important milestone to reach the target of 1 Bcfd of unconventional gas production before 2030, said in a press release that it will retain a 60% stake in the concession.Under the terms of the agreement, Total will explore, appraise and develop the concession area’s unconventional gas resources.The agreement…

Harald Solberg (Photo: Norwegian Shipping Association)

A New Age for Norwegian Shipping

It’s about more than maritime. Harald Solberg, CEO of the Norwegian Shipping Association, sees a world of opportunity from his office overlooking Oslo. Here he talks markets, innovation, ocean developments, and even rubbish. Norway, he believes, has a leading role to play.Harald Solberg is 42, but looks younger. Hearing him outline a career that has so far taken in politics, media, the Norwegian Royal Palace, and, of course, shipping, is a little surreal. For a moment one wonders who he’s talking about – his boss…

Marco Ryan, Chief Digital Officer & EVP, Wärtsilä. Photo: Wärtsilä

Marco Ryan Plots a Digital, Connected Course for Wärtsilä

When talk turns to the digital revolution sweeping through the maritime industry, one need look no further than Wärtsilä, which has evolved from a shipbuilding company to an engine manufacturer, and is now embarked on a historic digital transformation led by Marco Ryan, Chief Digital Officer & EVP. We met with Ryan recently in Hamburg, Germany, to discuss the path and pace forward.To start, please lay out the scope of your responsibilities.At a high-level my job is to architect and deliver the transformation (of Wärtsilä) to a smart technology company.

From left: Mr Lim Siang Yong, Chief Operating Officer of 3D MetalForge, Mr Ong Kim Pong, Regional CEO (South East Asia) from PSA, Dr Ho Chaw Sing from NAMIC and Mr Andrew Tan, Chief Executive of MPA. Witnessing the signing ceremony are Dr Lam Pin Min, Senior Minister of State, Ministry of Transport and Ministry of Health, and Ms Choy Sauw Kook, Assistant Chief Executive and Director-General, Quality and Excellence, Enterprise Singapore. Photo: MPA

Singapore Pact for 3D Printing in Maritime Sector

The Maritime and Port Authority of Singapore (MPA) signed two Memoranda of Understanding (MoU) for Additive Manufacturing (AM), also known as 3D printing.The two MoUs are: a) An MoU with PSA Corporation Limited (PSA), the National Additive Manufacturing Innovation Cluster (NAMIC) and 3D MetalForge Pte Ltd (3D MetalForge) to establish the world’s first on-site AM production facility for port applications; and b) An MoU with NAMIC and the Singapore Shipping Association (SSA) to…

© xy / Adobe Stock

Decarbonization: 34 Maritime CEOs Call for Action

A who’s who list of maritime industry executives have signed on to voice their support for a zero-carbon future in shipping.The not-for-profit foundation the Global Maritime Forum brought together a group of 34 CEOs and industry leaders from across the global maritime sector to sign a call for action and lead the industry in a transition toward decarbonization.To achieve this, these leaders believe the maritime industry needs to accelerate both technological and business model innovation…

Image: Keppel Offshore & Marine

Keppel Partners GTT on LNG Solutions

Keppel Offshore & Marine (Keppel O&M) has signed a Technical Assistance and License Agreement (TALA) with Gaztransport & Technigaz (GTT) that will enable the companies to jointly market liquefied natural gas (LNG) solutions leveraging GTT's membrane containment systems and Keppel's shipyard expertise.Keppel O&M's network of global yards will be able to offer GTT's LNG systems in the design, construction and maintenance of LNG carriers, LNG Bunker vessels, LNG-fuelled vessels, and floating storage and regasification units (FSRU).Since completing its first LNG carrier repair in 1990…

© Ernst Pieber / Adobe Stock

Uniper Sees Merit in Building LNG Terminal at Wilhelmshaven

Germany's Uniper on Tuesday said it favors a liquefied natural gas (LNG) terminal at the Wilhelmshaven deep sea port on the North Sea coast, less than a week after peer RWE said it secured access to capacity should a rival project at Brunsbuettel go ahead."Wilhelmshaven in particular can be a suitable location, there are many arguments in favour of it," spokesman Leif Erichsen said in a written statement.He cited the port's ability to offer infrastructure for LNG vessels of all sizes and its proximity to the German long-distance gas pipeline grids and underground storage caverns in the norther

Image: Venture Global

Repsol to Buy LNG from Venture Global

Venture Global LNG announced that it has entered into a 20-year, binding Sales and Purchase Agreement (SPA) with Repsol for the supply of one million tonnes per annum (MTPA) of liquefied natural gas from the Venture Global Calcasieu Pass LNG export facility, currently under development in Cameron Parish, Louisiana, USA.Under this agreement, Repsol will purchase LNG on a free on board (FOB) basis for a 20-year term, starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility…

Q3 2019  - Breakbulk Issue