“Climate protection in aviation can only be achieved sustainably and efficiently if the industry, economy, and politics work together constructively. In addition, measures must be coordinated and implemented at an international level.” This was emphasised by Michael Hoppe, secretary general of the Board of Airline Representatives in Germany (BARIG), at this year’s air cargo industry […]
Air China has extended its cargo handling agreements with Worldwide Flight Services (WFS) at London Heathrow and in Frankfurt. In the UK, the airline has renewed its cargo handling contract at Heathrow by a further three years, while, in Frankfurt, Air China has signed a 12-month extension. Both airports are key hubs for the airline […]
In an important development for the future of , U.S. Naval Air Systems Command announced Monday that it has completed the first ever aerial refueling operation between an unmanned tanker and a manned aircraft. The successful test demonstrated that Boeing’s MQ-25 Stingray prototype unmanned tanker can refuel an F/A-18 Super Hornet fighter with a standard […]
On Monday, German equipment and shipbuilding association VDMA released a detailed market prospectus for the year ahead, and all signs are positive. In 2020, Germany’s shipbuilding and offshore equipment industry – with its 400 companies and 63,000 employees – generated an annual turnover of 10.5 billion euros. The share of its foreign business revenue was a […]
Strong retail sales as US consumers return to stores with COVID-19 restrictions being relaxed are continuing to drive record import numbers and contribute to the record-setting volumes across America’s largest container ports. According to the National Retail Federation, the volumes are on track to set new records for the year. The retail trade association, however, notes […]
A Spanish registered fishing boat has become the first to be fitted with a new generation of auxiliary wind-assisted propulsion technology. The project, which was funded by the EU, is seen as a demonstration of the technology as the first step toward the installation of rigid sail technology on larger commercial ships. The 20-year-old fishing […]
After declining to take enforcement action to halt Gazprom’s Nord Stream 2 pipeline, U.S. Secretary of State Antony Blinken told Congress Monday that “the physical completion of the pipeline was . . . a fait accompli.” The acknowledgement appears to mark the end of American efforts to halt the pipeline, as Blinken pointed to alternate measures […]
As a new demonstration of the continuing pressures on the offshore oil sector, drill operator Transocean announced that it has agreed to delay delivery of its two new ultra-deepwater drillships and defer payments to the shipyard. The company also reported that it has reached new financing terms with the shipyard to improve its balance sheet, […]
An innovative liquefied natural gas (LNG) fuel tank system developed by Newport Shipping for crude tankers and bulkers has gained a key preliminary class approval to facilitate retrofits of such vessels in line with new environmental requirements to cut maritime emissions. The approval-in-principle (AIP) from classification society DNV affirms the technical feasibility of the […]
Unique cargoes require special attention, collaboration and communication, along with the assets and resources to ensure safe and efficient handling. The Port of Olympia prides itself on moving challenging and unique cargoes and has a long track record of success in this field. As described in The Maritime Executive Magazine in May, the Port of Olympia’s […]
Reports show typical savings around 5%, and in some cases up to 10% fuel savings could be achieved simply by giving the bridge team real-time fuel consumption data, says Jacob Grieg Eide, Chief Business Officer of ScanReach. The Norwegian company has developed the world´s first wireless IoT platform that provides needed onboard wireless connectivity (OWC) […]
I have talked in previous articles about the fact that Ship Management has become a very commoditized service where the cut-throat competition makes it increasingly harder to grow steadily, stay profitable & sustainable, and provide high-quality services. All these sound like a lot for companies that must work hyper-hard to keep themselves in business. What […]
