Long-term ocean freight rates are currently standing firm in the midst of growing global Coronavirus concern, despite widespread ramifications for the container ship segment as a whole. According to the the latest XSI® Public Indices report from Xeneta, which provides unique market intelligence based on real-time crowd-sourced data from leading shippers, rates rose by 0.5% – the fourth consecutive month of increases. The global index now stands 6.8% up year on year, and 2.8% up since the start of 2020.

International ship classification society IRClass' Managing Director Mr Suresh Sinha asserted that classification societies are looking beyond their traditional roles as regulators and exploring ways in which they can leverage their technical expertise to stay relevant to the industries they serve.

Bergen, Norway, February 25, 2020:

Global premium provider of maritime and offshore management services  OSM Maritime Group has extended their partnership with Tero Marine as their preferred provider of fleet management software. The Norwegian tech company Tero Marine now prepares to install its TM Master suite on the remaining OSM fleet globally.

Presenting the latest smart education programs and capabilities through its advanced laboratories equipped with state-of-the-art simulators and digital virtual training systems

Thordon Bearings' ThorPlas-Blue has established itself as the bearing of choice for deck equipment, with European shipyards and owners frequently specifying the grease-free bearing system as standard for vessels' winches, fairleads, davits, capstans and windlasses.

The all-inclusive, no-commitment VSAT service with the ultra-compact TracPhone V3-HTS is well-suited for vessels upgrading from legacy L-band

Melbourne, Australia:  To cater for an increasing demand from its Oceania customers, B&H Worldwide, the award-winning aerospace logistics provider, has expanded its warehouse and offices in Melbourne. From the new larger facility its specialist teams will now be able store, handle and process an ever expanding number of customers' aerospace inventories including large-scale items such as aero engines and tyres.

Finnair is adding three weekly frequencies to Delhi once the peak travel season for summer 2020 begins at the end of June. Finnair currently flies four weekly frequencies to Delhi. As of July 1, the route will be operated daily for the remainder of the summer season as well as for the upcoming winter season. Finnair’s Delhi route is operated with an Airbus A330 aircraft and connects well to Finnair’s wide European and transatlantic networks.  

February 26, 2020 – In fulfilling its mission to provide the most optimized service to its customers, Evergreen Line has launched 'GreenX' platform. Responding to the need for greater efficiencies through digitalization, GreenX allows customers to enjoy seamless booking capabilities in addition to direct access to integrated trade services.

The first day witnessed immense participation, featured a topical industry agenda to reinforce the event’s ability to foster consistent growth, and united key industry players to bolster the economy

Glasgow based Stream Marine Training (SMT) has introduced a new training course to its portfolio regarding the stability of small workboats and pilot boats.

Nippon Paint Marine has signed a long-term supply contract with Norwegian Cruise Line Holdings (Norwegian) to provide antifouling systems to 13 cruise ships operating under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands.

Geneva, 24 February 2020

The second edition of IRU’s Logistics and Innovation Forum took place last week in London, bringing together mobility and logistics leaders and innovative service providers to discuss the future of safety in road transport.

In Hamburg, CEVA Logistics will manage spare parts and components from multiple sites across Europe

CEVA Logistics will develop projects to reduce lead times, costs and supply chain efficiency for Airbus

With this major program, CEVA Logistics further develops its presence in aerospace logistics

Dr. Mario Tamburri, Director of ACT/MERC, argues that a huge win-win for both commercial shipping and the environment can be achieved with a holistic approach to biofouling and better in water cleaning of vessels. That includes ‘getting proactive’ on one of our industry’s most pressing challenges.