The BSM-managed Service Operation Vessel (SOV) Windea Leibniz has finished an extensive upgrade at Ulstein Shipyard in Norway, making her even more attractive for the offshore market. With an increase of cabins from 60 to over 80, the vessel has transitioned from an SOV to a Commissioning Service Operation Vessel (CSOV). Additionally, the ship received […]
Accelleron signs Turbo MarineCare agreement with Chinese VLCC owner AMCL
Accelleron Turbo Systems (Hong Kong) Ltd has signed a Turbo MarineCare™ agreement with Associated Maritime (Hong Kong) Co. Ltd., for the long-term provision of turbocharging servicing for ten A175-L turbochargers on five AMCL operated vessels. AMCL is both the owner of the largest VLCC fleet in China and manager of the world’s leading VLCC fleet. […]
MOL becomes world’s first company to earn AiP for vessel cyber resilience
Mitsui O.S.K. Lines (MOL) announces that it has obtained Approval in Principle (AiP) from French classification society Bureau Veritas for the basic design of a ship network with cyber resilience measures developed and demonstrated by MOL, in compliance with the Unified Requirement (UR) E26 “Cyber resilience of ships” issued by the International Association of Classification […]
Petronav chooses MORSe-ORB for its fleet
Cyprus-based Petronav Ship Management Ltd has moved away from the use of the traditional paper Oil Record Book and chosen MORSε ORB developed by Prevention at Sea. Mr. Demetris Charalambous General Manager at Petronav Ship Management Ltd. stated “We are so enthused with our decision to install the electronic Oil Record Book developed by Prevention […]
Euronav reports buoyant Q4 results, predicts tanker boom to continue
Tanker giant Euronav has reported unaudired fourth quarter 2022 results that include a net profit of $235.4m, leading to a full-year net of $205.6m. Hugo De Stoop, CEO of Euronav said: “Constrained vessel supply conditions within all segments of the large crude tanker market were supplemented further by two key factors during Q4 2022. Firstly, […]
Hapag-Lloyd achieves ‘extraordinarily strong’ $20bn result in 175th anniversary year
On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR 19.4 billion). The EBIT rose to USD 18.5 billion (EUR 17.5 billion), which can primarily be attributed to higher freight rates. At the […]
Maersk North America and Ashdod Port to collaborate on logistic and supply chain innovation
Ashdod Port Company has signed an agreement with Maersk North America – to collaborate on innovation opportunities in supply chain logistics. The agreement enables Israeli startups that are participating in Ashdod Port’s Blue Ocean for Startups technology incubator to be considered for pilot projects in North America to test the proposed technologies in landside operations. […]