Category: Maritime (Page 2 of 13)

Boeing announces fourth quarter deliveries

January 9, 2024 / WIL BALDWIN

Arlington, Virginia, January 9, 2024 – The Boeing Company (NYSE: BA) announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2023.

The company will provide detailed fourth-quarter financial results on January 31. Major program deliveries during the fourth quarter were as follows:

Contact:
Investor Relations: BoeingInvestorRelations@boeing.com
Communications: media@boeing.com

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

EVA Air places order for 33 Airbus aircraft

January 9, 2024 / WIL BALDWIN

Toulouse, France, January 9, 2024 – Taiwan’s EVA Air has finalised a firm order with Airbus Group SE (Paris: AIR) for the purchase of 18 long-range A350-1000 and 15 single-aisle A321neo aircraft. EVA Air is the latest airline to select the A350-1000 for its long haul requirements, with the A321neo bringing new levels of efficiency for the carrier’s regional network operations.

Forward-Looking Statements

Rocket Lab to launch space situational awareness mission

January 8, 2024 / WIL BALDWIN

Long Beach, California. January 08, 2024 – Rocket Lab USA, Inc. (Nasdaq: RKLB), a global leader in launch services and space systems, today announced it has set the launch window for its first mission of 2024.

The ‘Four of a Kind’ mission is scheduled to launch no earlier than January 18 between 19:15-20:00 NZT (January 18 between 06:15-07:00 UTC) from Rocket Lab Launch Complex 1 in New Zealand. The mission will deploy four Space Situational Awareness (SSA) satellites for Spire Global, Inc’s (Spire) customer NorthStarEarth & Space (NorthStar). NorthStar´s satellites, built and operated by Spire, will be the first to simultaneously monitor all near-Earth orbits from space, delivering a radically enhanced level of SSA services to the global satellite community, with timely and precise information for space object detection, tracking, orbit determination, collision avoidance, navigation, and proximity alerts.

As a secondary mission, Rocket Lab will be attempting to splash down and retrieve Electron’s first stage as part of the Company’s plan to evolve Electron into a reusable rocket. After launch and stage separation, Electron’s first stage will return to Earth under a parachute and splash down in the Pacific Ocean several hundred kilometers down range from Launch Complex 1. Rocket Lab’s recovery vessel will extract the stage from the water for transportation back to Rocket Lab’s production complex where it will undergo detailed analysis. Rocket Lab is not launching any pre-flown engines as part of this mission.

Forward-Looking Statements

Ocean Network Express launches Indian Ocean Mediterranean service

January 4, 2024 / WIL BALDWIN

Ocean Network Express (ONE) is pleased to announce the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an enhanced service coverage for this region.

The new IOM service will be expected to provide a reliable and quality assured transport service as well as schedule integrity.

The commencement of the new service from Nhava Sheva to the Mediterranean will be revised to Hyundai Busan/V0150W (ETA Nhava 28th January 2024) / Hyundai Busan/V0150E (ETA Valencia 28th February 2024).

As the service will be routed via Cape of Good Hope, please kindly note following updated service rotations:

Hyundai Busan/V0150W (ETA Nhava 28th January 2024) /
Hyundai Busan/V0150E (ETA Valencia 28th February 2024):
Nhava Sheva – Mundra – Karachi – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras- Karachi – Mundra – Nhava Sheva

effective from
Hyundai Jakarta/V0129W (ETA Nhava 11th February 2024) /
Hyundai Jakarta/V0129E (ETA Valencia 13th March 2024)
Nhava Sheva – Mundra – Karachi – Algeciras – Valencia – Barcelona – Genoa – Piraeus – Damietta – Algeciras – Karachi – Mundra – Nhava Sheva

_{^{NOTE: Transit times and port rotation are as of now and subject to change}}

Genesee & Wyoming welcomes Grupo Mexico Transport

January 2, 2024 / WIL BALDWIN

Jacksonville, Florida, January 2, 2024, Business Wire – Genesee & Wyoming Inc. (G&W) is pleased to welcome Grupo México Transportes (GMXT) as a new partner in its CG Railway, LLC (CGR) joint venture, pending receipt of regulatory approvals for their purchase of equity interests in CGR.

G&W initially formed a joint venture with SEACOR Holdings Inc. in 2017 to own and operate CGR, which has provided rail-ferry service between the ports of Mobile, Alabama, and Coatzacoalcos, Veracruz, across the Gulf of Mexico since 2001. Last week, GMXT announced its intention to purchase SEACOR’s stake in CGR and become G&W’s new joint venture partner for CGR.

CGR’s service advantages include three-day port-to-port transit time, an expedited customs clearance process and minimal exposure to pilferage while in transit on the Gulf of Mexico. To learn more about the operation, visit cgrailway.com.

Fiery plane crash at Tokyo Haneda Airport kills 5 Coast Guard crew members

January 2, 2024 / WIL BALDWIN

Toulouse, France, January 2, 2023 – Airbus regrets to confirm that an A350-900 operated by Japan Airlines was involved in an accident during flight JAL516 from Sapporo New Chitose Airport to Haneda International Airport shortly after 17:47 (local time) on 02 January 2024. All 367 passengers and 12 crew members on-board evacuated the aircraft.

The A350 collided with a DHC-8 aircraft at landing in Haneda. The Japanese authorities have since confirmed that sadly five of the six people on board the DHC-8 did not survive. The exact circumstances of the event are still unknown. The aircraft involved in the accident, registered under the number JA13XJ, was MSN 538, delivered to Japan Airlines from the production line on 10 November 2021.

In line with International Civil Aviation Organization (ICAO) Annex 13 recommendations, Airbus will provide technical assistance to the Bureau d’Enquêtes et d’Analyses (BEA) of France and to the Japan Transport Safety Board (JTSB) in charge of the investigation. For this purpose, Airbus is presently dispatching a team of specialists to assist the Authorities.

JAL becomes first airline in Japan to register as TNFD adopter

December 29, 2023 / WIL BALDWIN

Tokyo, Japan, December 28, 2023 – Japan Airlines Co., Ltd. (President and Group CEO: Yuji Akasaka) has achieved an important milestone by becoming the first airline in Japan to register as the TNFD Adopter *2, an adopter of the Taskforce on Nature-related Financial Disclosures (TNFD) *1.
In March 2023, JAL participated in the TNFD Forum and in August 2023, became the first airline in Japan to disclose information based on the TNFD recommendations in advance. Moving forward, based on the final recommendations released in September of this year, JAL is committed to further enhancing its disclosure practices and accelerating efforts to realize Nature Positive *3 together with all other early adopters.

Click the link below to read the full story!

JAL TNFD adopter

*1 International initiative that provides a framework for assessing and disclosing information on impacts on the natural environment and biodiversity.

*2 Companies and organizations that have decided to make disclosures based on the final recommendations by fiscal year 2025 or 2026. The registered companies will be announced at the World Economic Forum Annual Meeting (Davos Meeting) in January 2024.

*3 To Stop the loss of biodiversity and put the natural environment on a recovery track.

NYK conducts trial use for full scale introduction of biofuels

December 29, 2023 / WIL BALDWIN

Starting in fiscal 2024, NYK line [Nippon Yusen Kabushiki Kaisha (Tokyo: 9101)] will conduct full-scale trials of long-term use of biofuels*, which are considered to have net-zero CO₂ emissions, in navigating its existing heavy oil-fired vessels. Moving forward from the previous short-term trials, NYK will comprehensively verify the safety and stable procurement of biofuels when used over a long period. Through this trial, NYK will establish a safe navigation system using biofuels and promote biofuel development to achieve the Group’s goal of a 45% reduction in greenhouse gas (GHG) emissions by fiscal 2030 compared to fiscal 2021.

In this trial, NYK will use biofuel continuously for three months on multiple vessel types. After that, NYK will gradually extend biofuel use for a longer period for further validation.

Since fiscal 2019, the NYK Group has conducted short-term biofuel trials on about 10 vessels. While NYK has confirmed the safety of short-term biofuel use, NYK has not verified the impact of biofuels on the ship’s main engine, generator, motor, fuel supply system, etc., and the quality of biofuels after a certain storage period. NYK also needed to ensure the stability of biofuel procurement when used in more vessels.

NYK announced the NYK Group ESG Story 2023 on November 6, declaring a new target to reduce the NYK Group’s GHG emissions by 45%** from the fiscal 2021 level by fiscal 2030. NYK will promote this trial to achieve the goal.

* Biofuels are produced from biological sources (biomass), such as waste cooking oil, and are considered to have net-zero CO₂ emissions during combustion. Biofuels, also usable in heavy oil–fired engines, are one of the critical solutions to reducing GHG emissions during the transition from heavy oil to zero-emission fuels.

** Reduction ratio on absolute corporate emissions for scope 1 and 2.

Forward-Looking Statements

Ocean Network Express (ONE) announce new Japan Taiwan Cat Lai service

December 29, 2023 / WIL BALDWIN

Ocean Network Express (ONE) is pleased to announce a newly launch service – Japan Taiwan Cat Lai (JTC) into ONE’s service network.

JTC will provide our customers with new direct connections as well as quicker transit-time with only 4 days from Tokyo to Taipei/Taichung.

The first sailing will commence with the MV INTERASIA PURSUIT V. S060 arriving at Tokyo on the 22nd January 2024 with the following details.

Port Rotation : Tokyo – Yokohama – Taipei – Taichung – Ho Chi Minh
Frequency : Weekly service

For more information, please refer to the attached advisory

Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical

December 28, 2023 / WIL BALDWIN

Yokohama, Japan, December 27 – AP Moeller – Maersk A/S B (London: 0O77) announced today that the company has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024. It also highlights the parties’ shared commitment to sustainable initiatives and the transition towards a greener future.

Maersk has an ambitious target of achieving net-zero emissions by 2040 throughout its entire business. For shipping, it will equip its 25 container vessels with dual-fuel engines capable of sailing on green methanol. The successful implementation of this initiative heavily relies on the establishment of port bunkering infrastructure for methanol worldwide.

The City of Yokohama oversees the Port of Yokohama, which includes the Minami-Honmoku container terminal operated by APM Terminals Japan. The port stands as Japan’s deepest water berth, boasting a total length of 1,600 meters and a draft of 18 meters. It features advanced STS cranes, capable of reaching out up to 24 rows. Since the opening of Yokohama Port in 1859, it has served as a pivotal gateway to Japan and Asia. As part of its commitment to achieving carbon neutrality by 2050, Yokohama is at the forefront of developing Japan’s green shipping corridors.

The collaboration will focus on examining operational feasibility and developing port facilities required for green methanol bunkering at the Port of Yokohama. Through joint efforts, the partners seek to drive innovation, foster safety, and accelerate the adoption of sustainable methanol solutions in the maritime industry in Japan.

Forward-Looking Statements

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