Maersk Line announced the lay up of eight 6,500 TEU (twenty- foot equivalent unit) vessels on Dec. 4. The decision follows the recently announced changes in our Asia - Europe, Asia - Central America, and Transpacific service networks. This resulted in surplus vessel tonnage, which we will not redeploy in Maerdk’s service network. "In view of the market conditions, we have reached the point where laying up the eight vessels makes better economical sense than redeploying them. Freight rates remain under severe pressure, and in several corridors the rates do not fully cover our variable costs. Rate improvements are imperative for the industry to create a sustainable environment," said Michel Deleuran, Head of Network and Product in Maersk Line. Maersk Line said it will continue to adjust capacity in light of market developments by optimising our schedules, consolidating services, vessel sharing agreements (VSA), enhancing port productivity, economical sailing (reducing speed), and - unless current market conditions improve - additional laying up of vessels. "We make these changes to reduce capacity and save costs, while we at the same time seek to maintain or expand our service level and coverage. For example, our recently announced Asia - Europe and Transpacific service changes includes more direct services," Deleuran said.
The world’s leading maritime service network Wilhelmsen Ships has reached its first service and supply agreement in the Russian river fleet market. The agreement, which was managed by the company’s team in Eastern Europe, covers delivery of a broad range of Unitor branded marine products to Volga-Neva’s 118-strong fleet of river vessels. Following several months of negotiations, Wilhelmsen Ships Service’s team in St
ZF Marine LLC, the North American subsidiary of ZF Marine Group in Padova, Italy has implemented some changes to its East Coast service network. To better coordinate service activities up and down the Eastern Seaboard, ZF Marine LLC will now schedule all field service activities out of its South Florida service center in Miramar, FL. Vessel owners requiring service support from ZF Marine can now dial 1-877-896-4040 and be connected to ZF Marine 24 hours a day, seven days a week.
NetWave Systems B.V. (“Netwave”) of the Netherlands acquired the Voyage Data Recorder (“VDR”) division of Rutter Inc., a public company from St. John’s (Canada) (“Rutter”). Parties concluded agreements whereby NetWave, also a manufacturer of VDRs for seagoing vessels and offshore installations, will manufacture Rutter™ VDR-100G3 systems as well as support and service all earlier models of Rutter ™ VDRs on a world-wide basis.
COSCO International acquires Germany's Hanyuan to further develop global service network in marine spare parts supply. Yuantong Marine Service Co. Limited, COSCO International’s wholly owned subsidiary mainly engaged in supplying marine equipment and spare parts, has signed a share purchase agreement with COSCO Europe GmbH to acquire the entire issued share capital of its wholly-owned subsidiary, Hanyuan Technical Service Center GmbH.
Acteon has completed the acquisition of J2 Engineering Services Ltd, which is based in Aberdeen, U.K. J2 Engineering is involved in the rental, maintenance and repair of ROV manipulator arms and associated tooling and equipment. Over the past five years, the company has forged a reputation within the ROV and underwater survey industries for outstanding service quality, fast turnaround times and the ability to deliver highly reliable customized engineering solutions.
Northrop Grumman Corporation has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman’s Sperry Marine business unit is supplying the S-VDR hardware, as well as technical support, installation kits, interface devices, commissioning and training, through its worldwide service network. The systems will be installed on the ships during drydock overhauls or, when possible, at pierside at a variety of ports around the world.
Wärtsilä and the German company Becker Marine Systems have entered into an agreement on the optimization of ship propulsion systems. Becker Marine Systems has annual net sales of EUR 50 million and is the leading supplier of rudders of all profiles and sizes, as well as related systems. More than 100 professionals form the Becker offices in Germany, the UK, Norway and China. The company has its headquarters in Hamburg, Germany
The German navigation system supplier Raytheon Anschütz has signed a new agreement with Wärtsilä Corporation, Finland. According to the new agreement, Raytheon Anschütz will supply their Integrated Bridge Systems for Wärtsilä’s total ship system solutions. “We see an increasing demand for larger ship solutions including machinery, automation and navigation", said Andreas Lentfer, Business Development Director at Raytheon Anschütz
ProNav, the Norwegian distributor for Japan Radio Company Ltd. (JRC), was awarded a contract for supplying twenty two ECDIS systems to the entire fleet of Norwegian shipowner Misje Rederi AS. All eleven dual-systems will be supplied and commissioned by Brommeland Elektronikk AS, a part of ProNav's professional sales- and service network. Leasing program – Paperless sailing The JRC ECDIS systems are supplied through a leasing program
Upcoming environmental regulations will affect existing vessels, and as a consequence there is a growing demand for exhaust gas cleaning and ballast water treatment systems. Retrofitting both scrubbers and ballast water management systems is – or will soon be – required for many
CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a direct, all-water LCL service from New York to St. Petersburg, Russia. This fortnightly service will commence on November 23 and has a 21 day transit
Wärtsilä is expanding its engine portfolio with the introduction of two additional auxiliary engines, the Wärtsilä Auxpac 16 and the Wärtsilä Auxpac 32. Both the Auxpac 16 and the Auxpac 32 are pre-engineered gensets with a turbocharged four-stroke engine having
Imtech Marine has signed an agreement with Electrotech Pty in Australia. With this agreement and strategic partnership, Imtech Marine extends its global service network, now 94 own offices in 30 countries, with eight Electrotech offices in Australia
The Hatlapa shareholders have entered into an agreement with Cargotec´s MacGregor to transfer all company shares and to integrate the merchant ship and offshore deck equipment business into the MacGregor portfolio. MacGregor offers integrated cargo flow solutions for maritime
Direct, weekly Houston to Rio de Janeiro LCL service delivers reliable supply chain link. CaroTrans, a global NVOCC (non vessel operating common carrier) and ocean freight consolidator, has announced a new direct, weekly LCL (less than container load) and FCL (full container load) export
For the first time in the shipping company’s history, Hamburg Süd has celebrated the christening of a ship in the U.S. The ceremony to name the 3,800 TEU container ship Cap Corrientes was held on August 23 in the Port of San Francisco
The AdvanFort Company has opened an office in Hamburg, Germany, as part of its growing worldwide customer service network, particularly for clients in Europe. “AdvanFort has made a substantial investment in the future of our clients in Germany and the rest of Northern Europe by inaugurating
Shipping company Liberty One, already subscribed to INTERSCHALT's maintenance software package, decided to establish a full maintenance contract covering all navigation and communications systems on board including the VDR. After six months, say INTERSCHALT
Wärtsilä has been contracted by the People’s Republic of China’s Communications Import & Export Corporation to supply the main propulsion system for four new ocean rescue vessels. The ships are being built at the CSSC Guangzhou Huang-Pu Shipbuilding Company Ltd shipyard
Scania’s 16-liter V8 EPA Tier 3 engine, intended for propulsion and auxiliary use, will be one of two engines showcased at The International Workboat Show in New Orleans, Louisiana. Scania engines are all based on Scania's new modular engine platform, which is used for marine, industrial
Power providers are excellent bellwethers of the market at large, and according to Mikael Lindner, President, Scania USA, there are positive signs on the marine industry horizon. Scania USA today finds itself in an interesting position in the United States
Scania’s 13-liter EPA Tier 3 engine, intended for propulsion and auxiliary use, along with the powerful 16-liter EPA Tier 3 engine, will be showcased at The International Workboat Show in New Orleans, Louisiana. Scania engines are all based on Scania's new modular engine platform
At the presently running Kormarine International Shipbuilding and Marine Equipment Exhibition in Busan, South Korea, GE Marine say they have sold three 16V250 marine diesel engines: 2 engines to Dongwon Industries, one of the world's largest tuna fishery companies; and one engine to Hansung
NOL Group reported net profits of $20 million for the third quarter of 2013, and year-to-date net profits of $61 million. The Group posted year-to-date Core EBIT improvement of 33% or $42 million, from a $127 million deficit in the same period last year.