Following the first successful TIR pilot operation from Bandar Abbas (Iran) to Tajikistan via Afghanistan, the KTAI corridor is now open for TIR transports.

The UK Chamber of Shipping has launched a competition to find new ideas that could help make the shipping industry greener, cleaner, more sustainable and get to net zero Shipping
by 2050

The technology group Wärtsilä has been selected to supply the cargo handling system for a new 18,000 cbm LNG bunkering vessel. The ship is being built for Korea Line at Hyundai Mipo Dockyard in Korea. Wärtsilä’s extensive experience and impressive track record in delivering solutions throughout the small-scale-LNG value chain were key factors in the award of this latest contract. The order was placed in January 2020.

From year to year, the freight transportation market gives a variety of transhipment indicators - we are either growing or falling. YugTrans experts have repeatedly pointed out the lack of transhipment facilities in Russia. Therefore, the fact that the terminal infrastructure is being modernized little by little, new projects are appearing, which means that in case of growth we will be ready to digest it, cannot but rejoice. At the YugTrans-2020 forum, experts will discuss the top-end facilities.

The environmental impact of doing business is a growing concern amongst global leaders, even discussed at the 2020 World Economic Forum, and sustainability is now established as a defining feature in the delivery of satellite communications solutions. This winter IEC Telecom had the distinct privilege to partner with The IK Foundation and deliver vital connectivity solutions to the pioneering ecological study unit located on the protected environment of Prins Karls Forland, an island off the west coast of Svalbard (part of the Spitsbergen Treaty), Forlandet National Park.

The rapid pace of technological innovation has had a growing impact on the shipping industry.  But as owners and fleet managers face increasing pressure to improve environmental performance, new technologies will be necessary to ensure a profitable and sustainable future.

 The technology group Wärtsilä, together with a consortium of six other industry and academic partners, has been awarded EU funding for a major project aimed at reducing fuel consumption and lowering emission levels for shipping.

Nokian Heavy Tyres, Nokia, Finland, 27 February 2020 – Autonomous vehicles are being developed and tested in many real-world environments. One of the most promising applications is material transport in closed areas, where safety matters are under tight control. Now Stora Enso, a major Finnish forestry renewable materials company, is testing an autonomous truck in their mill area in Uimaharju, Eastern Finland. Nokian Tyres has provided the test truck with top-notch smart tires with Nokian Tyres Intuitu technology.

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.