• 2019 September 3 15:24

    SMM 2020 publishes motto and Maritime Industry Report

    SMM 2020 has published a motto and Maritime Industry Report.

    “Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry. Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative propulsion technologies and attractive niche markets. 

    The year 2020 marks a major turning point in international shipping: On January 1, a lower global limit for the sulphur content of ship fuels will enter into force. Instead of 3.5per cent, the allowable maximum will be 0.5per cent. For decades heavy fuel oil (HFO) was the fuel of choice for ship operators. Once the so-called Sulphur Cap enters into force, HFO will be restricted to ships equipped with expensive exhaust gas cleaning systems, also referred to as scrubbers. Another major milestone the International Maritime Organization (IMO) has set is that greenhouse gas (GHG) emissions from shipping should be cut in half by the year 2050. With its motto "SMM 2020 – Driving the Maritime Transition" the leading international maritime trade fair follows up, showing all of the industry's the new trends and innovations in the context of environment protection and the digital transition.

    From liquefied natural gas (LNG) as a ship fuel and battery hybrid systems to fuel cells, synthetic fuels and power-to-X technology, a number of promising solutions have reached the market, or at least, an advanced developmental stage. "The race for the best concepts has barely begun," says Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Chairman of the Engines and Systems division of the German Mechanical Engineering Industry Association VDMA.

    But which technology is preferred by shipping companies? What fuels will we rely on? And what about shipowners’ readiness to invest? To find answers to these questions, the fair organiser Hamburg Messe und Congress GmbH (HMC) conducted its second survey among shipowners, shipbuilding companies and suppliers around the world, asking them to assess the current economic and technological developments. More than 1,400 industry players, most of them company executives, took part in the survey for the SMM Maritime Industry Report (MIR). This makes the SMM MIR 2019 one of the world’s most comprehensive maritime industry surveys ever conducted.

    One of the results is that more ship operators prefer LNG (45per cent) over any other ship fuel. This is especially true for cruise operators who are determined to live up to their environmental responsibility. According to the cruise industry association CLIA, the current orderbook lists 26 LNG-powered vessels.

    Hybrid solutions are being considered by a growing number of owners, in particular, battery technology combined with marine diesel oil (MDO; 48per cent) as well as LNG (39per cent). Both are suitable to meet the increasingly stringent environmental restrictions. All in all, more than two thirds of responding shipowners indicated their intention to retrofit their fleets in service. Only 29per cent intend to replace tonnage with newbuilds. The general interest in building new ships is relatively low among owners: Fewer than one third intend to order new vessels before the end of the coming year. LNG carriers (15per cent) top the list of ship types.

    Installing scrubbers, ballast water management systems and new propulsion technology, shipyards specialising in commercial ships are staying busy mainly thanks to the demand for overhauls, repairs, retrofitting and conversion jobs. 53per cent of yard operators are expecting an increased need for tanker repairs between now and the end of 2020, and 48per cent are anticipating the same for containerships. As for the newbuilding market, however, other segments are expected to grow: 64per cent of shipbuilders believe orders for RoPax ferries and expedition cruise ships will increase, and 59per cent see the demand for naval vessels growing. The well-filled orderbooks benefit the supply industry, as well. Among all the participating stakeholder groups, the outlook of suppliers is brightest, with more than one third anticipating excellent sales opportunities. 74per cent say they are able to sell their innovative technologies at least occasionally. An outcome that affects the Maritime Industry Score: The improved mood in the industry compared to 2017 (from 54.6 to 56.8) is mainly a result of the supply industry's positive expectations.

    With environment protection and the digital transformation as key goals of the global shipping community, the industry's ecological footprint is under scrutiny, and enormous structural changes are taking place. From 8 to 11 September 2020, SMM, the leading international maritime trade fair, will showcase all that is technically possible to ensure the industry's long-term success and ecological sustainability. Whether hardware or software, more than 2,200 exhibitors from all segments of the maritime business will present their future-looking technologies and services. More than 90,000 square metres of exhibition floor will be available to global leaders, start-ups and 'hidden champions'. Claus Ulrich Selbach, Business Unit Director – Maritime and Technology Fairs & Exhibitions at HMC, points out that Green Shipping has been playing a major role in recent years: "Whether you go to the gmec conference, take the Green Route through the exhibition, or visit Hall A5 which is entirely dedicated to sustainable propulsion technologies – as the leading international maritime trade fair we highlight the industry’s key business drivers every two years, showcasing all the state-of-the-art solutions for a greener shipping sector.”

    Hamburg's exhibition centre HMC again demonstrates its understanding of the trends of the time, now staging the new SMM spin-off MARINE INTERIORS Cruise & Ferry Global Expo. Focusing on interior design and outfitting of cruise ships, this exhibition takes place in parallel with the Seatrade Europe conference from 11 to 13 September 2019. It is SMM's response to the booming cruise market and the industry's strong interest in specialised suppliers, some of whom were part of the new Cruise & Ferry Route at SMM 2018. The strong demand is also reflected in the results of the new SMM MIR survey which included interior design is an additional category for the first time: More than one third of respondents declared an interest in products and services for ship interiors, with turnkey solutions being especially popular. "With MARINE INTERIORS we now have a new exhibition that is a perfect fit for the profile of Hamburg Messe und Congress. Combined with SMM 2020, the shipping hub of Hamburg can look ahead to a fascinating and insightful twelve-month period. I am sure many market stakeholders will benefit enormously, especially in view of the shipping industry's pathway towards becoming climate-neutral,” Selbach added.

    From MARINE INTERIORS straight to SMM: The 29th issue of the leading international maritime trade fair will take place from 8 to 11 September 2020 exhibition complex.

    The SMM Maritime Industry Report (MIR) is prepared jointly by Hamburg Messe & Congress GmbH (HMC), the organiser of SMM, and the market research institute mindline GmbH. It is a comprehensive study that reflects how SMM exhibitors and visitors assess the sector’s economic and technological development. The Maritime Industry Score summarises the economic expectations. The SMM MIR was conducted for the first time in 2017. This year’s participant profile again reflects the full breadth of industry segments, with 62per cent of respondents representing suppliers, 18per cent shipowning companies, 13per cent shipyards, and 7per cent interior designers. Nearly one third of respondents are exhibitors at SMM, and the remainder are visitors. 

    The leading international maritime trade fair takes place in Hamburg every two years. From 8 to 11 September 2019 more than 2,200 exhibitors and roughly 50,000 visitors are expected to come to the famous port city. Covering more than 90,000 square metres of exhibition floor, SMM reflects the entire value chain of the maritime industry. Decision-makers, experts and multipliers from all parts of the world will gather at the exhibition, making SMM the foremost innovation platform of the maritime sector.

2020 February 26

09:54 Novorossiysk Commercial Sea Port to invest RUB 108.4 billion in development till 2029
09:35 Brent Crude futures price is up 0.65% to $54.61, Light Sweet Crude – up 0.8% to $50.3
09:17 Baltic Dry Index is up to 508 points

2020 February 25

18:06 Maritime world players gather in Antwerp for World Ports Conference 2020
17:51 Four new IBIA board members announced at AGM
17:30 ClassNK develops its Digital Grand Design 2030
17:18 Piraeus Bank enters into a strategic collaboration with ORIX Corporation to provide financing solutions to the Greek maritime sector
17:02 DNV GL awards MSC new container ship fire safety notation
16:36 Foreship scrubber enquiries surge as owners clear the air
15:59 Trust Management sells crude oil tanker FSL Shanghai
15:49 RF Navy’s Baltic Fleet starts preparing for "Sea Cup" competition
14:58 Gazprom Neft’s net profit exceeds RUB400 billion in 2019
14:33 World Bank presents results of its study on prospects for strengthening Ukraine’s port sector governance
14:05 Marakeb Technologies and Fincantieri sign MOU for unmanned technology collaboration
13:27 THE Alliance announces details of 2020 Middle East service network
12:42 Container Terminal Saint-Petersburg upgrades its fleet of production equipment
12:17 COSCO SHIPPING Lines maintains logistics chain for international trade
12:01 KSS Line adds one new VLGC model after four vessels in 2019
11:25 DP World acquires the largest multi-purpose deep-sea marine terminal on the West Coast of North America
11:16 PPA scores big in latest survey, continues to veer away from 'corruption' tag
10:43 World Maritime University signs MoU with Maritime Academy of Asia and the Pacific
10:15 Logistics specialist leases Newport Docks warehouse
10:14 CMA CGM announces PSS from Europe, Scandinavia, Black Sea & West Med to Reunion, Mauritius, Mayotte, Comoros, Seychelles & Madagascar
10:09 MABUX: Bunker market this morning, Feb 25
09:51 Throughput of port Shanghai (China) in Jan’20 fell by 13.2% to 41.75 million tonnes
09:30 Brent Crude futures price is up 0.3% to $55.94, Light Sweet Crude – up 0.39% to $51.63
09:12 Baltic Dry Index is up to 506 points

2020 February 24

16:43 MOL and DSME sign joint development agreement for environmental friendly FSRU technology
15:06 Wilhelmsen Group's fourth-generation owner Wilhelm Wilhelmsen dies
14:53 MABUX Digest: Top events on global bunker market. Week 08
12:54 Milaha participates in ‘Made in Qatar 2020’ Exhibition as a Gold Sponsor
10:45 MABUX: Bunker market this morning, Feb 24
10:11 DOF Subsea posts Q4 operating income of NOK 1,349 million

2020 February 23

15:01 Great Lakes reports record full year results
14:32 AAM completes 80’ patrol vessel for the Texas Parks and Wildlife Dep't
13:37 EDS HV Group completes scope of work at Vattenfall’s HR3 wind farm
12:23 Ingeteam signs the contract with Yantai CIMC Raffles Offshore for hybrid electric propulsion system delivery of two Ro-Ro vessels
11:21 USCG, other agencies to conduct search and rescue exercise near Perdido Bay

2020 February 22

17:14 First Subsea provide Cable Protection Systems for NnG
14:48 Med Marine: Turkish-built tug equipped with SCHOTTEL bestseller
13:41 CSBA study finds U.S. dredging industry a critical component of national security
11:39 USCG Cutter Legare returns home after interdicting over 3,300 pounds of drugs
10:47 Ray Fitzgerald to rejoin Crowley as COO

2020 February 21

18:12 Digitization of KN: paper is no longer used in the operation of Klaipėda LNG terminal
17:48 NIBULON Shipyard is about to launch second non-self-propelled open type vessel
17:17 CMA CGM announces Emergency Space Surcharge from North Europe, Scandinavia & Poland to West Med, East Med, Adriatic & North Africa
16:59 New roll trailers put into operation at Bronka port
16:04 AS Tallink Grupp’s wholly-owned subsidiary AS Hansatee Cargo merged with Group’s wholly-owned subsidiary AS Tallink
15:25 Russia's Main Department of State Expertise approved adjusted design documentation under Nord Stream 2 project
15:02 OCEAN Industries orders MAN Propulsion Packages for Royal Canadian Navy tugs
14:13 Diana Shipping announces time charter contract for m/v Coronis with Koch and cancellation of the sale of a Capesize dry bulk vessel
13:01 COSCO SHIPPING Lines provides water and rail transport services
12:40 Wärtsilä LPG Fuel Supply System the first ever to undergo engine testing
12:12 ABS to class world’s largest B-Tank VLECs by Jiangnan
11:30 Coronavirus disease 2019 – IMO urges no unnecessary delays to ships
11:09 World’s first LPG-retrofit order exercises option for four additional engines
10:44 MABUX: Bunker market this morning, Feb 21
10:43 Biofouling demands collective, urgent and ‘proactive’ approach, stresses Bellona
10:09 Cod farming set for rebound as savvy investors rush to back Norcod
09:55 Bunker prices are slightly down at the port of Saint-Petersburg, Russia