• 2024 July 30 14:41

    MOL introduces dynamic voyage optimization platform "Wayfinder"

    Mitsui O.S.K. Lines, Ltd. has decided to introduce the dynamic voyage optimization platform "Wayfinder" developed by Sofar Ocean (USA) to its group's operating vessels, aiming to reduce GHG emissions by improving fuel efficiency, according to the company's release.

    Wayfinder provides the optimal speed and route for safe and efficient navigation to each ship daily. These recommendations leverage real-time weather forecasts based on information from Sofar's global network of ocean sensors, the ship's fuel efficiency calculated using a data-driven model, and market and safety constraints.

    The ocean sensor "Spotter buoy," developed by Sofar, collects ocean data such as wave spectra, wind, sea surface temperature, and atmospheric pressure in real time, and is used by various government agencies. By combining the collected ocean data with weather data from satellites and other sources, Sofar's weather forecasts, including wave field predictions, are up to 50% more accurate than other operational forecasts. Waves have a significant impact on the efficient operation of a ship, and Sofar's weather forecasts are expected to be impactful in this regard.

    In a trial with 40 of MOL Group's operating vessels, it has confirmed an average fuel/GHG emission reduction of about 6% per voyage. More than 80% of the captains participating in the trial have highly evaluated the convenience of the platform and accuracy of the weather and ocean forecasts, and MOL has decided to introduce it to its group's operating vessels as a platform that contributes to further safe and efficient navigation.

    MOL Group aims to achieve net zero GHG emissions by 2050 and reduce GHG emissions intensity by 45% by 2035 (versus 2019) under the "MOL Group Environmental Vision 2.2." The introduction of Wayfinder is a measure that contributes to the achievement of these goals, and MOL will continue to expand the number of vessels using the platform across the group. MOL will further promote the digital transformation of maritime operation by utilizing a common platform for vessels and operators, realizing real-time information sharing.




2024 July 30

16:57 LNG sales at the Port of Rotterdam up 12.9% in Q2 2024
16:47 PETRONAS, Enilive and Euglena reach final investment decision to construct a biorefinery in Malaysia
15:44 Kongsberg Maritime secures contract from Tarntank for its next wind-assisted chemical tanker
15:28 Wartsila signs a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow)
14:41 MOL introduces dynamic voyage optimization platform "Wayfinder"
14:13 Davie intends to create U.S. shipbuilding presence in alignment with ICE Pact
13:55 Flagship Founders and Studio 30 50 join forces to build the next generation of maritime-tech ventures
13:23 Green Marine UK’s hydrogen Crew Transfer Vessel retrofit initiative awarded AiP by RINA
12:59 Taihan cable launches South Korea's first offshore wind power cable laying vessel
11:42 Port Houston surpasses 2mln TEUs faster than ever
11:25 Chantiers selects TMC to equip world’s largest sailing ships
10:53 Konecranes establishes a network of partners to build a full range of port cranes in the United States
10:19 Fincantieri and Accenture join forces to lead digital innovation for ports and vessels

2024 July 29

18:00 Maersk to take on charter a fleet of LNG dual-fuel containerships
17:16 Good weather allows bunker deliveries to resume in Zhoushan
16:42 US Congress members urge Biden to issue EO to back shipping decarbonization
16:27 China's COSCO Shipping, Fortescue to build green fuel supply chain
15:49 Alphaliner names the Port of Colombo the world's most efficient port for the first quarter of 2024
15:16 HHLA adds new sustainable handling facilities in the Estonian port of Muuga
13:45 HD Hyundai Marine Solution wins $60 mn ship maintenance contract
13:31 Global coal demand is set to remain broadly flat through 2025 - IEA
12:53 TFG Marine signs agreement with Consort Bunkers for four newbuild methanol carriage bunker tankers
12:13 Austal secures contract to build wind-powered trimaran for Vela Transport
11:42 Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical for the first complete implementation of the low-CO2 cracking furnace technology
11:29 European Commission approves €1.2 billion Spanish State aid scheme to support investments in the production of renewable hydrogen
10:56 Port of Oakland receives $3 million grant to tackle sea level rise
10:21 Liquefied gas cargo containment innovations from Jiangnan Shipyard receive ABS AIPs

2024 July 28

15:47 ICG maintained operations on MV Maersk Frankfurt amid extreme weather conditions
14:19 Hapag-Lloyd announces PSS from Türkiye to Morocco and from Africa to Bengladesh
13:21 Crown LNG selects IKM for engineering design of Scottish floating LNG terminal
13:04 NWSA Terminal 5 gets refrigerated container upgrades
11:23 Hapag-Lloyd announces GRI for shipping from Latin America to North America, Mexico, Central America and Caribbean
09:51 Hanwha Ocean operating loss narrows in Q2 on increased demand

2024 July 27

16:01 VPA successfully handles Newcastlemax vessel MV Huahine
14:09 Eight South Korean shipyards to face strike demonstrations
12:14 IMMSI Group, Leonardo sign contract with the Italian Directorate of Naval Armaments for the procurment of new generation minehunters for the Italian Navy
10:37 AfDB offers Morocco $260 million in loans for port project, governance

2024 July 26

18:00 LiqTech and Danbee Marine enter agreement for marine scrubber water treatment solutions for the South Korean market
17:23 Thecla Bodewes Shipyards successfully launches 7.280dwt vessel ‘Vertom Lisa’ for Vertom Group
16:57 MSC reaffirms pledges to avoid Arctic shipping route
16:23 Taiwanese ports resume bunkering after Typhoon Gaemi-induced suspension
15:41 Chinese ports container volume rises 8.5 % in the first half of a year 2024
15:17 Hanwha Ocean picked as preferred bidder for S. Korean Navy's logistics support ship
14:55 Vietnam's port system able to handle world's largest ships
14:36 Castor Maritime announces the acquisition of its first Ultramax vessel
14:12 Bunker price trends in the world's four largest hubs, July 22-28 – MABUX
13:30 Total Energies orders LNG bunkering vessels at Hudong Zhonghua
12:52 Philippines rushes to contain oil spill from sunken tanker
12:47 Bangladesh 'jam-packed' with cargo as curfew and internet restrictions continue
12:24 Helmerich & Payne announces agreement to acquire KCA Deutag
11:54 Two cruise ships were simultaneously bunkered with LNG at Port Canaveral
10:51 Associated British Ports announces new Chair
10:18 CMA CGM publishes Q2 2024 financial results

2024 July 25

18:00 Western sanctions and Houthi attacks boost appeal of Russia’s Arctic Sea Route - Bloomberg
17:46 Saudi Arabia imports fuel oil from Kuwait for first time in two years
17:24 Port of Thessaloniki implements the wireless reefer monitoring system
16:59 Hunan Jinhang Shipbuilding launches a 500m3 LNG bunkering pontoon
15:51 Chevron’s Taro Ultra advanced 40 granted LNG Validation status by WinGD
15:16 A Philippine-flagged tanker capsized off the coast of Bataan province, causing a spill
14:44 Cyan Renewables acquires Australian vessel operator MMA Offshore
14:23 Russia ships fuel to Bolivia as it increases Latin American sales - Reuters
13:59 Grimaldi-Minoan consortium acquires 67% of Heraklion Port Authority
13:12 Bumi Armada, Navigator Gas and Bluestreak CO2 announce MoU with Uniper for joint study on export of CO2 emissions from proposed UK carbon capture plant
12:52 ABS releases industry first advisory on ammonia bunkering
11:40 Drydocks World executes conversion and upgrade projects for FPSO and FSO vessels
11:10 EMA and MPA shortlist two consortia to further study viability of ammonia for power generation and bunkering
10:40 AW Shipping inks contract with CSSC Jiangnan Shipyard for the construction of two 93,000 cubic meters very large ammonia carriers
10:09 Corvus Energy Blue Whale ESS awarded RINA Type Approval
09:48 Opulent Maritime selects ADP Clear to digitize its bunkering operations

2024 July 24

18:00 MSC invests in multimodal terminal adjacent to Paris via MEDLOG