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Wärtsilä & DNV GL agree to collaborate in promoting and accelerating marine sector’s digital transformation

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Wärtsilä & DNV GL agree to collaborate in promoting and accelerating marine sector’s digital transformation. Image: Wartsila / Roger Holm, President, Wärtsilä Marine and Knut Ørbeck-Nilssen, CEO, DNV GL – Maritime
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The technology group Wärtsilä and classification society DNV GL have signed a Memorandum of Understanding (MoU) in which they agree to work together to contribute to the marine industry’s ongoing digital transformation. In particular, the two companies wish to further explore the potential use of digital technologies, collaborative data sharing, and standardisation to enhance existing products and services, and to develop new ones. The agreement was signed by Roger Holm, President, Wärtsilä Marine and Knut Ørbeck-Nilssen, CEO, DNV GL – Maritime on 6th February.

Among the focus areas will be collaboration on digital technologies and big data in classification and the requirements for their use. The project will examine the application of these technologies in areas such as autonomous ships, advanced remote services, new bridge technologies, and data sharing. Cyber security will be another natural area of cooperation.

“The marine industry stands to benefit enormously from our rapidly expanding and unprecedented capabilities in collecting, compiling, processing, analysing, and distributing data digitally. Wärtsilä is committed to leading this digital transformation that will undoubtedly lead to greater efficiencies, better safety, and sustainability. We look forward to working with DNV GL to accelerate this transformation,” said Roger Holm.

“At DNV GL, we are committed to using digitalization to help our customers extract the maximum value from their data,” said Knut Ørbeck-Nilssen, CEO, DNV GL – Maritime. ”Working together with Wärtsilä, we can identify and minimize the barriers to data sharing, provide innovative class and assurance services, and find ways to capitalize on the new possibilities this opens up for shipping. Enabling greater sharing requires building trust, and DNV GL has worked to enable this, for example with our independent platform Veracity which provides seamless sharing, while ensuring the quality of data and algorithms our customers rely on.”

“This important collaboration between a marine industry technology leader and the world’s leading classification society will help to standardise and shape the regulatory environment, and will also enable the innovations needed for the sector to achieve the decarbonisation goals set out by the IMO. The IMO’s target is to cut absolute greenhouse gas emissions by at least 50 percent from 2008 levels by the year 2050,” said Andrea Morgante, Vice President, Strategy & Business Development, Wärtsilä Marine.

In announcing the agreement, the two companies noted that digital transformation developments can have an immediate and transformative impact on operations and existing business models.

Container Terminal

Konecranes wins order for 20 RTG cranes in Nigeria

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Konecranes wins order for 20 RTG cranes in Nigeria. Image: Wikimedia/ Media Club
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Konecranes has won an order for 20 RTG cranes from APMT’s West Africa Container Terminal in East Nigeria. The order was booked in two parts, the first in December 2019 and the second in January 2020. Delivery is scheduled for Q4 2020 – Q2 2021.

APMT’s West Africa Container Terminal (WACT) is located in Onne Port, part of the Onne Oil and Gas Free Zone in Nigeria. It was one of the first container terminals to be built in Nigeria under public/private ownership. It offers excellent hinterland connections to the rest of Nigeria. The WACT is upgrading its container handling operation from reach stackers to RTGs to achieve greater stacking density, throughput and productivity.

The Konecranes RTGs on order are diesel-driven, 16-wheel machines stacking 1-over-5 high and 7 containers + truck lane wide. They are equipped with Active Load Control, Auto-steering and Auto-TOS reporting.

Mohammed A. Ahmed, Managing Director of APMT Nigeria said: “As testament to APMT’s long-term commitment to East Nigeria, we have signed a contract with Konecranes for the delivery of 20 RTGs to Onne Port. This is part of our earlier announced expansion of the existing terminal capacity, a USD 100 million investment, that started last year and that will be fully in place shortly. The expansion plan will deliver sufficient capacity to meet the envisaged growth in East Nigeria for the next 15 years.”

Ville Hoppu, Sales Manager, Konecranes Port Solutions, said: “We’re very pleased to have received this order from APMT, one of the world’s leading container terminal operators and a long-time user of our RTG cranes. We have many customers on the west coast of Africa and Onne will be in good company.”

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Maritime

MOL to start joint development for the digitalization of FSRU

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MOL to start joint development for the digitalization of FSRU. Image: MOL
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Mitsui O.S.K. Lines, Ltd. announced that it has reached an agreement for joint development of technologies and solutions for the digitalization of Floating Storage and Regasification Unit (FSRU) (Note 1), in partnership with Daewoo Shipbuilding & Marine Engineering (DSME; CEO: Sung-Geun Lee).

Through this collaboration, detailed operational data will be collected from FSRU and stored in a cloud-based data platform to develop applications for advanced remote operation monitoring and optimizing etc.. The project will enhance safe and efficient operation, which will further deepen cooperation between FSRU and shore-based facilities.

MOL works on this collaboration in cooperation with MOL’s “FOCUS” Project (Note 2) intended to enhance the collection and application of FSRU operation data.

(Note 1)
Floating Storage Regasification Unit. A floating facility for storing and regasifying LNG, which is then pressurized and piped ashore.

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Environment

A.P. Moller – Maersk links new $5.0bn revolving credit facility to its CO2 performance

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A.P. Moller - Maersk links new $5.0bn revolving credit facility to its CO2 performance. Image: Pixabay
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A.P. Moller – Maersk secures a new sustainability-linked revolving credit facility of $5.0bn through a syndicate of 26 selected banks. This is the first bank refinancing arranged by Maersk after its transformation from a diversified conglomerate to a global container logistics company.

The facility refinances the undrawn $5.1bn facility maturing in 2021 and has a tenor of five years which may be extended by up to two years. It will be part of the company’s liquidity reserve.

“We have received strong support from our global relationship banks. The facility was substantially oversubscribed, and we are pleased with the terms and conditions of the new facility. With the new facility we have extended the maturity profile of our finance commitments, while aligning with our sustainability ones,” highlights Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands.

The credit margin under the facility will be adjusted based on Maersk’s progress to meet its target of reducing CO2 emissions per cargo moved by 60% by 2030, which is significantly more ambitious than the IMO target of 40% by 2030 (all 2008 baseline).

In 2018 Maersk announced its commitment to becoming carbon neutral by 2050. The new finance facility affirms Maersk’s efforts to drive sustainability into its operations and supply chains.

“We are determined to reach our ultimate target of becoming fully carbon neutral by 2050, and this agreement serves as another enabler for us to deliver on that ambition. Given the lifespan of our fleet, we need to find new and sustainable solutions to propel our vessels within the next 10 years. To realize this ambitious commitment, we are partnering with researchers, regulators, technology developers, customers, energy providers – and now banks,” explains Henriette.

Banco Santander S.A., London Branch, Bank of America Merrill Lynch International Designated Activity Company, Barclays Bank Plc, BNP Paribas, Citibank N.A. London, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, Deutsche Bank, Handelsbanken, HSBC France, MUFG, Nordea, SEB and Standard Chartered Bank, joined as mandated lead arrangers.

Banco Bilbao Vizcaya Argentaria, S.A., London branch, DNB Bank ASA, Industrial and Commercial Bank of China (Europe) S.A., Brussels branch, ING Bank, J.P. Morgan Securities Plc, Mizuho Bank, Ltd., Morgan Stanley Bank International Limited, Natwest Markets Plc, Sumitomo Mitsui Banking Corporation, Société Générale and the Standard Bank South Africa Limited, Isle of Man branch, joined as lead arrangers.

Crédit Agricole and SEB acted as Sustainability Coordinators. MUFG acted as Documentation Agent and BNP Paribas as Facility Agent.

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