Trade & Deals

• TMC Compressors to supply new marine compressed air systems for 86 vessels.
• The contract is linked to scrubber installations on these ships.
• The shipowner remains undisclosed, and contract value is not disclosed.
• TMC previously delivered compressors for 50 vessels from the same client.

TMC Compressors has been awarded a contract to supply new marine compressed air systems for 86 vessels owned by a major but undisclosed shipowner. The retrofit project is part of a broader initiative to install...

https://mfame.guru/tmc-compressors-secures-major-contract-for-86-vessel-retrofit-project/

• Seamless Online Booking for Shipping and Logistics Services.
• Real-Time Pricing Brings Transparency to Bulk Shipments.
• Partnership to Reduce Logistics Costs by 10%.

Maersk and Alibaba have agreed to incorporate Maersk’s Less-than-Container Load (LCL) and Full Container Load (FCL) shipping services into Alibaba’s platform directly. This partnership will ensure businesses, including small and medium-sized enterprises (SMEs), access transparent and affordable shipping options, reports Seatrade...

https://mfame.guru/maersk-and-alibaba-partner-to-streamline-container-shipping/

• DP World Posorja integrates Portchain Connect to streamline berth scheduling and improve communication with shipping lines.
• The platform enhances supply chain visibility through real-time data sharing and efficient berth alignment.
• Port operations become more efficient by reducing delays, improving schedule reliability, and supporting maritime digitization.

DP World Posorja has joined the Portchain Connect network to enhance berth alignment efficiency with shipping lines. By implementing this...

https://mfame.guru/dp-world-posorja-adopts-portchain-connect-to-enhance-berth-alignment/

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a Memorandum of Understanding (MoU) with SMT Shipping to explore safe and efficient ocean transport for Direct Reduced Iron (DRI). With the steel industry shifting towards low-carbon alternatives,...

https://mfame.guru/mol-and-smt-shipping-partner-for-dri-transport/

• Port of Hueneme and NYK Line signed an MOU to create a Green Automotive Shipping Corridor.
• The initiative aims to cut GHG emissions, enhance energy efficiency, and promote zero-emission technology.
• The collaboration supports California’s broader sustainability goals with a $3.935 million state grant.

In a groundbreaking move toward sustainability, the Port of Hueneme and NYK Line have signed an MOU to develop a Green Automotive Shipping Corridor between Japan and Southern California. The...

https://mfame.guru/port-of-hueneme-and-nyk-line-chart-a-greener-course-with-new-mou/

Zhoushan Changhong has secured substantial orders from two European shipping companies, potentially building up to 18 large containerships. The total value of these orders could surpass $3.5 billion if all options are taken up, reports Lloyd’s Register.

Mediterranean Shipping Co. (MSC), the world’s largest container shipping company, has ordered four 21,700 TEU liquefied natural gas (LNG) dual-fuel ships, with an option for four more, from a Chinese shipyard.

The estimated cost...

https://mfame.guru/zhoushan-changhong-lands-multi-billion-dollar-orders-for-lng-dual-fuel-containerships/

• MDL to Build India’s Largest Shipbuilding Dry Dock in Mumbai.
• New Shipyards to Boost India’s Defense and Commercial Shipbuilding.
• Royal HaskoningDHV to Lead Design and Project Management for MDL’s Expansion.

Royal HaskoningDHV, the global engineering company, has won two contracts totalling €9 million from Mazagon Dock Shipbuilders Limited (MDL), India’s premier shipbuilder. The project includes detailed design and project management services for two new shipbuilding and repair facilities in...

https://mfame.guru/royal-haskoningdhv-secures-e9-million-contracts-for-mdls-mega-shipyard-expansion/

• HMM was chosen as the preferred bidder for SK Shipping’s management rights by Hahn & Co.
• The valuation dispute remains a challenge, with Hahn & Co. targeting 4 trillion won while HMM values it at around 2 trillion won.
• HMM’s prior non-compete clause on LNG operations could complicate the deal structure.

In a major development for South Korea’s shipping sector, Hahn & Co. has named HMM as the preferred bidder for the sale of SK Shipping’s management rights. This decision, reported by the...

https://mfame.guru/hmm-emerges-as-preferred-bidder-for-sk-shipping-but-valuation-dispute-looms/

• Dutch Maritime Innovator Econowind Expands into Deep-Sea Shipping.
• Wind Propulsion Technology Set to Cut CO2 Emissions by 15%.
• Invest International Supports Econowind’s Sustainable Shipping Vision.

Zeewolde-based Dutch maritime technology firm Econowind has been granted €1 million in development capital by Invest International to develop and test its VentoFoil XL, a 24-30 meter steel wind sail based on aviation technology. The sails, which are intended for large ships, replicate airplane wings...

https://mfame.guru/econowind-secures-e1-million-to-advance-ventofoil-xl-wind-sails/