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The most recent event in the British International Freight Association’s programme of activities for its Young Forwarder Network (YFN) was the first to be accredited for Continuing Professional Development (CPD).

Guest speaker, PC Matthew Bate gave a presentation to YFN members about how NaVCIS is working with the logistics community to combat international vehicle crime.

BIFA member services director, Carl Hobbis, who has management responsibility for the trade association’s training and development services and had a key role in the creation of the YFN in 2019, said: “Continuing Professional Development (CPD) is the term used to describe the learning activities in which professionals engage to develop and enhance their abilities.

“There is an increasing expectation and desire from BIFA members and their employees to undertake CPD regardless of career level, job role and responsibilities.

“There have been over 125 events since the YFN’s inception, ranging from the educational, such as presentations on specific aspects of the freight and logistics industry.

“Our ambition has always been to add a professional touch by fitting some of them to the CPD structure and guidelines, including specific learning objectives.

“This means that BIFA can now display the certified CPD logo on all approved events and CPD attendance certificates can be issued to delegates for their own CPD purposes.

Hobbis concludes: “Hopefully, this accreditation will incentivise BIFA members to encourage more of their younger staff to participate in the YFN and attend its events around the country. YFN events, which are all free to BIFA members, have always provided learning experiences and the knowledge participants gain gets brought back to their businesses.”

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Total Movements, member to the Worldwide Project Consortium (WWPC) in India, arranged for the coastal shipping and road transportation of two Crystallizers and a Dehydration Tower from the load ports on the West Coast of India up to the refinery site in eastern India.

Receiving the cargo at the designated load ports on the Western Coast, coastal shipping up to the discharge port on the eastern coast, discharging the cargo onto the hydraulic axle trailer combinations and road transportation to the refinery demanded the skills of Total Movements project experts for the complete scope.

The key highlights of this challenging multimodal move included:Large dimensions rendering the cargo unfit for direct road transportation; Unavailability of domestic flag vessel which can move the cargo by sea; Civil works within the discharge port due to large cargo dimensions; Bypass building of 800meters in the last mile road from nearest port to site; Electrical shutdown required in the enroute; With detailed planning and continuous follow up, our team delivered these critical ODCs well in time.

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The Hamilton Oshawa Port Authority (HOPA Ports) announced an agreement with an affiliate of Beowulf Electricity & Data Inc (Beowulf), the U.S. owner of an expansive 1,800-acre site on the southern shore of Lake Ontario to create a bi-national, low-emission, short sea trade corridor.

The new partnership will forge connections between the Port of Oshawa, Ontario and a new port in Somerset, New York by establishing a multimodal shipping terminal at the former location of New York’s last coal plant, which retired in 2020.

In a Memorandum of Understanding, the two parties pledged to enhance the current $494 billion annual US-Canadian trade partnership by creating a new two-way trade route that would significantly reduce carbon emissions and border congestion from truck traffic by introducing a marine transportation option. The Somerset location is approximately 37 miles directly southwest of the Port of Oshawa.

“The creation of a new port-to-port connection with our most important trade partner clearly makes economic and environmental sense,” said Ian Hamilton, President & CEO of HOPA Ports. “Southern Ontario is struggling to keep up with the demand on its highways; the economic cost of congestion in the greater Toronto/Hamilton area is estimated to be up to $6 billion annually. Both regional economies will benefit from a cleaner, faster and more efficient maritime trade corridor.” While marine transportation is already the most environmentally efficient mode of transportation per tonne-mile, the short distance between the two partner locations sets the stage for future opportunities to explore the use of alternative-fuel vessels.

The Somerset site has been undergoing redevelopment since the closure of the coal plant in 2020 and has worked with the State of New York on its transition to a new economic engine for Niagara County and western New York. Making use of its existing energy infrastructure and nearby access to low-cost hydropower, a portion of the site is now home to the Lake Mariner Data facility, a high-tech campus focused on supporting various computational applications, including bitcoin mining, artificial intelligence and high-performance computing.

“Somerset’s promising future has long been anchored in its advantageous location along the shores of Lake Ontario, bolstered by valuable energy infrastructure and the exceptional quality of our local workforce,” said Paul Prager, CEO of Beowulf. “We are thrilled that HOPA has recognized these same qualities and sought to partner with us on this exciting transportation project.”

Work will begin immediately on a detailed market analysis of the cargoes currently moving cross-border by truck with an origin or destination point at each port. The study will develop the value proposition for a new marine service, including transportation cost savings and GHG reductions. While technical and market studies on a future Port of Somerset get underway, the port’s owner, Beowulf will work with HOPA and key stakeholders in both countries (including local, state, provincial and federal officials, regulatory agencies, and business groups, among others) to develop and make public a project plan and schedule for the Port of Somerset development, including short-, mid- and long-term milestones and deliverables, as well as potential management options for a new port. A traffic study on potential port scenarios at Somerset will also be part of the public process.

Based on projected trade demand, the partners believe that the Port of Somerset would develop over time to create hundreds of direct and indirect jobs in Niagara County and the Greater Buffalo area (stevedores, warehouse employees, freight forwarders, dockworkers, crane operators, vessel agents, dredging contractors, marine pilots, truck drivers and shipyard workers among others). The development will assist the State of New York in its commitment to transition the site of the State’s last operating coal plant into a new economic and regional trade hub with a vastly improved carbon emissions profile.

The partnership also enhances the Port of Oshawa and Durham Region’s role as a key connection point for Canada-US trade, supporting regional economic development priorities in manufacturing, agrifood and others.

“Niagara County’s location as a border community with Canada has always been a major focus of our efforts to drive economic growth and opportunity, and today’s announcement will unlock that potential and result in significant investment in our region,” said Becky Wydysh, Chairman of the Niagara County Legislature. “The fact that the port would be sited at the former Somerset coal plant is a tremendous reuse of that property and needed in a community that took a big hit in the loss of revenue and jobs when the coal plant closed.”

“This strategic partnership will be instrumental in strengthening Canada’s supply chain and trade corridors. A new port-to-port connection that offers a more streamlined movement of goods in and out of Ontario, through the Port of Oshawa, will reduce environmental impacts from road transportation and unlock greater supply chain efficiency for local businesses in Durham Region—helping our goods get to where they need to go,” said John Henry, Regional Chair and Chief Executive Officer for The Regional Municipality of Durham

“With this announcement, the great City of Oshawa further strengthens its position as the eastern gateway to the Greater Toronto Hamilton Area”, said Oshawa Mayor Dan Carter. “We’re excited to see this partnership and a new marine trade route that will establish Oshawa as a key connection point for Canada-US trade and bring with it numerous opportunities and investments.”

“Oshawa is a dynamic college university metropolitan city, strategically positioned just 37 miles from the Somerset, New York American shore of Lake Ontario, and competing globally to help propel our respective economies,” said Councillor Tito-Dante Marimpietri, Chair of Economic and Development Services for the City of Oshawa, and Vice-Chair of Public Works for the Region of Durham, “Establishing a new transportation corridor between Canada and the United States of America is an exciting opportunity to continue strengthening the over $494 billion annual US-Canadian trade partnership by creating a new two-way trade route that would significantly reduce carbon emissions while enhancing the Port of Oshawa and Durham Region’s role as a key connection point for Canada-US trade. We welcome this exciting and vital economic development initiative as an intelligent means to further support our collective industrial priorities in high-tech resources, manufacturing, agrifood and most essentially assist in creating hundreds more indirect jobs associated with the harbour communities of Somerset, USA and Oshawa, Canada.”

The MOU outlines specific goals for a new Port of Somerset including:Low Carbon Emission Profile/Reduced Dependency on Trucks; Sustainable Carbon Practices; Enhanced Supply Chain Resilience; Versatile Infrastructure Accommodating Diverse Cargo; Year-Round Operation; Redevelopment/Future Growth Opportunities on Brownfields; Strategic Investment and Growth in Niagara County and Upstate NY.

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Hellmann Worldwide Logistics is relying on a mix of alternative drive systems to significantly reduce the CO2 footprint of its heavy goods transport.

As part of the initiative, the logistics company is putting two new fully electric 40-ton Volvo swap body trucks into operation, including a state-of-the-art charging infrastructure, and is expanding its e-truck fleet by adding four more distribution vehicles (16-ton trucks) by this summer. In addition, since the beginning of this year, Hellmann has been using only bio-LNG to fuel its growing LNG fleet, taking an important strategic step towards decarbonizing its truck fleet and significantly reducing CO2 emissions from road transport.

The two all-electric 40-ton trucks will be used on the difficult-to-decarbonize middle mile – initially primarily on routes between the two German cities of Osnabrueck and Bremen, covering between 550 and 700 kilometers a day. To enable the 40-tonne trucks to operate in two shifts, the company is also building its own 300 kW charging infrastructure, including buffer storage. Beginning this summer, the e-fleet will be expanded to include four all-electric 16-ton trucks to provide increasingly emission-free deliveries in urban areas.

In addition to electrifying its fleet, Hellmann is also relying on bio-LNG as a climate-neutral alternative to conventional diesel trucks on long-haul routes. The company sources its bio-LNG, which is made exclusively from organic residues such as liquid manure and dung, from regional production, for example from contractual partners such as Q1, thus making a significant contribution to reducing greenhouse gas emissions. The aim is to run more than a third of all Hellmann trucks on alternative fuels by the middle of the year.

“With the purchase of the two electric 40-ton trucks and the corresponding charging infrastructure, we are taking the next logical step in driving the development towards a significant reduction in CO2 emissions in road freight. This is not about short-term profitability. Rather, as a driver of innovation, we want to support the further development of technologies and make them competitive,” said Jens Wollesen, Chief Operating Officer, Hellmann Worldwide Logistics.

“We want to live up to our responsibility – towards our customers, the environment and our drivers. Thanks to low noise levels and zero exhaust emissions, the future belongs to electromobility and sustainable fuels. That’s why we’re aiming to gain operational experience in the field of electric mobility, enabling us to convert our fleet as quickly as possible,” added Jonathan Adeoye, Chief Operating Officer Road Germany & West Europe, Hellmann Worldwide Logistics.

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Vestas will pilot Sustainable Aviation Fuel (SAF) at the Baltic Eagle Wind Farm in the Baltic Sea during 2024.

The pilot project entails Vestas technicians and jack-up vessel crew using helicopters partly powered by SAF to transport themselves to and from the Baltic Eagle wind farm during the construction phase of 50 offshore wind turbines.

SAF is a fuel produced from bio-waste materials such as used cooking oil or tallow. Because SAF can help reduce lifecycle greenhouse gas emissions associated with air travel, it is generally considered a more sustainable alternative to conventional jet fuel.

The pilot project is scheduled to take place until September 2024. Helicopter service provider HeliService, will use helicopters from Leonardo S.p.a. flying on approximately 40 percent SAF provided by DCC & Shell Aviation Denmark A/S. A blend rate of 40 percent SAF is close to the highest possible blend rate permitted today and it is the first time that SAF-fueled helicopters with such a high blend rate are used for an entire part during the construction phase of an offshore wind farm operation.

CO2 savings of approximately 32 percent per flight are expected compared to using a standard helicopter powered by conventional jet fuel. Vestas will assess the impact of the SAF following the end of the pilot project.

The initiative is in line with Vestas’ sustainability strategy which includes becoming carbon neutral in our own operations by 2030 and reducing emissions in our supply chain by 45 percent per MWh generated. In relative terms, offshore wind projects experience higher CO2-emissions from construction and service operations than onshore wind projects due to the need of vessels and helicopters, and we need to develop new solutions for offshore wind to become carbon neutral.

Kieran Walsh, Senior Vice President and Head of Construction at Vestas Northern & Central Europe, says: “This is yet another initiative through which Vestas continues to implement its sustainability strategy. There is a significant need for more sustainable solutions during these wind farms’ construction and operation phases. The potential for using SAF in offshore operations is high and we are pleased to further exploit this potential.”

Sune Petersen, Head of Strategy and Sustainability at DCC & Shell Aviation Denmark says: “The delivery of SAF to Roskilde Airport, which will serve as a helicopter base during Vestas’ pilot project, marks another milestone in our efforts to support the growing demand for alternatives to conventional jet fuel. It also marks an initial step towards introducing SAF into the fuel mix for helicopter services – not only in Denmark but also on a European scale”.

Oliver Freiland, CEO HeliService says:”Vestas’ decision to use SAF for the crew change flights demonstrates our joint commitment to operate more sustainably in terms of Co2 reduction. HeliService’s Leonardo helicopters powered by engines from aerospace manufacturer Pratt & Whitney are designed to operate with SAF already today.”

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Bolloré Logistics Asia-Pacific is delighted to announce the success of the MAPS Management program which ended last May.

The new MAPS program of Bolloré Logistics Asia-Pacific, in partnership with ESSEC, includes four modules in line with the global objectives of MAPS: Leadership & Change Management; Strategy & Sustainability; Digital Disruption & Data Intelligence; Communication, Stakeholder Engagement.

24 participants, senior executives selected from across the Asia-Pacific region, completed this incredible blended course over a 12-month period.

In conclusion, the final module addressed post-merger-acquisition integration, stakeholder management and conflict management, while retaining our customer-centric DNA, broadening thinking and perspective-taking.

Bolloré Logistics Asia-Pacific would like to thank the MAPS 2023 class and the ESSEC professors for their dedication in making this program a success.

Bolloré Logistics Asia-Pacific and the Human Resources Department, including B’University, would like to congratulate all the participants and teachers for their dedication in making this program a success.

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The EORI number (Economic Operator Registration and Identification) is a unique number required for all customs operations in the European Union, such as export, import and transit.

It uniquely identifies each company or person doing business with the customs authorities.

Each person or company can have only one valid EORI number at any one time, which they must communicate to customs during the clearance process. This unified system makes customs clearance processes more efficient and secure.

Every company in the European Union must have an EORI number. Even companies located outside the European Union must obtain one if they carry out customs operations, such as import and export declarations.

In addition, certain non-business people are also required to have an EORI number, if the law of their country or the rules of the European Union so require.

To obtain an EORI number, a company must register with the customs authority of its country within the European Union.

If the company is not located in the European Union, it must register in the country where it will carry out its first customs operation. Companies from non-EU countries with several permanent establishments in the EU may choose to register in any of the countries where they have an establishment.

THE EORI NUMBER CONSISTS OF THE FOLLOWING ELEMENTS: Country code of the issuing member state (2 letters) ; Unique identifier in the member state (up to 15 alphanumeric characters).

EORI numbers are permanently assigned to economic operators and other persons, but can be invalidated on request or in the event of cessation of activities. After invalidation, registered EORI data is kept for ten years.

Until now, the EORI number in France consisted of the word “FR” followed by the SIRET number. Companies had one EORI per site.

From 2025, companies will have just one EORI, based on the SIREN, for all their sites. This change is designed to comply with European regulations, which stipulate that the EORI must be assigned to a company and not to an establishment.

Once the transition to EORI-SIREN has been finalized, EORI-SIRET will be deactivated and can no longer be used for customs clearance. Goods will be blocked until an EORI in SIREN format is obtained. Companies are therefore advised to apply for an EORI-SIREN as soon as possible to avoid bottlenecks in customs systems and delays in obtaining the number.

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As announced on 30 April 2024 in conjunction with Cargotec’s interim report January–March 2024, MacGregor has had a dispute related to one and only monopile installation vessel project.

MacGregor and the customer have now settled this dispute.

The settlement will have an approximately EUR 25 million negative impact on MacGregor’s second quarter 2024 operating profit. The costs will be reported as items affecting comparability as the costs are related to a one of its kind pilot project and the product is no longer in MacGregor’s sales portfolio.

Booking of the settlement cost will not impact Cargotec’s outlook on MacGregor’s comparable operating profit for 2024, which was published on 1 February 2024. Cargotec estimates MacGregor’s comparable operating profit in 2024 to improve from 2023 (EUR 33 million).

MacGregor’s core businesses, merchant and services, are performing well. MacGregor’s offshore business’ performance, however, has been overall unsatisfactory. While the traditional offshore solutions business has performed well and it has been profitable, projects related to two new offshore wind solutions have caused losses due to their pilot nature and technical challenges.

MacGregor has therefore now decided to stop offering the monopile installation solution and it is no longer in MacGregor’s sales portfolio. Another offshore wind solution, containing advanced technologies for the servicing of offshore wind turbines, is still a part of MacGregor offering. There are approximately ten of these smaller loss-making offshore pilot projects to be finalised mainly in 2024. MacGregor will not commit to any new pilot projects until all technical challenges are solved.

These actions are the final stage of the restructuring programme to turn around the offshore business. Offshore wind projects represent less than half of MacGregor’s offshore equipment related order book, which amounted to EUR 87 (Q1/23: 134) million at the end of the first quarter 2024.

Cargotec’s Board of Directors decided on 14 November 2022 that MacGregor will not be part of Cargotec’s portfolio in the future. However, from a value creation perspective, the timing for divesting the business was not ideal. Since that, MacGregor’s performance and market conditions have clearly improved, and with the above-described dispute now being settled, Cargotec has decided to proceed with the sale process of MacGregor.

“It is an important milestone for us to reach a settlement with the customer related to the monopile installation vessel project. Our solution is technically advanced but we were unable to reach agreement between the companies on the way forward in the lengthy project. Having the dispute resolved means that we are in an even stronger position than before to further build on our profitability journey,” says Leif Byström, President, MacGregor.

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PCN are pleased to welcome INTERFJORD as new members in Denmark and Norway.

The ISO certified company are well-versed in project cargo with experienced, friendly and proactive teams.

“INTERFJORD is a well-reputed, dynamic and partner-owned company offering a wide selection of outstanding transport services by road, sea and air.

Our skilled and expert teams are capable of solving the most challenging projects, regardless of size, with tailored solutions.”

Some recent project work handled by INTERFJORD is featured in the gallery below including:Boiler (871 x 353 x 421cm / 48,000kg) from Denmark to France with a short sea solution from Esbjerg to Zeebrugge; Silo (1100 x 441 x 470cm / 11,000kg) from Estonia to Norway by sea then trucking delivery to site; Large unit of equipment from Liberec to France – 968 x 467 x 424cm / 34,000kg; A tank (1230 x 410 x 400cm / 6,500kg) from Germany to the West Coast of Norway by road with special lowbed trailer; Agriculture machine (450 x 290 x 300cm / 10,000kg) from Sweden to Norway by road with special lowbed trailer.

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Remote-controlled, coordinated driving in inland navigation: what sounds like the future was the aim of a research project that was recently successfully completed.

The Rhenus Group played a key role in the project and gained many insights for the future of inland shipping.

Successful completion of the “FernBin” research projectSuccessful completion of the “FernBin” research project
The project focused on the Ernst Kramer motor cargo vessel as a test object, which was equipped with numerous cameras and the necessary technical equipment for its new use. This included, for example, lidar technology, which is used to measure distances via laser scanning, as well as devices for controlling the systems and mobile radio transmission. The technology was tested on various practice runs in the port of Duisburg and on the Rhine-Herne Canal. Ten skippers steered the Ernst Kramer from one of the two control stations set up and practiced mooring, casting off, locking, as well as route and maneuvering from a distance. They were able to overcome their initial skepticism about the remote control station and the technology. There was always a crew on board during the voyages so that they could intervene and take over the controls in an emergency.

One reason for the research project was the increasing shortage of skilled workers. Steering an inland waterway vessel from the office during the day and being with the family at the end of the day is a perspective that can make the inland waterway shipping profession more family-friendly and therefore more attractive. Although a reduction in the number of personnel on board is not yet foreseeable, the operating time could be extended by remote control. The technology could also be helpful for training in the future

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“Networking is a Peoples´ Business”, says Wolfgang Karau, Director of the Worldwide Project Consortium (WWPC), Priority Cargo Network and Quality Cargo Networks, visiting Rotterdam for the Breakbulk Europe 2024.

Organized by Quality Cargo Networks for the third time a dedicated networking reception event brought WWPC and Priority Cargo Network members together in a relaxed atmosphere, facilitating broader industry connections and collaborative discussions. These interactions enable members to explore new business opportunities and strengthen existing partnerships.

“We are happy to see our members are collaborating with each other and deepening their partnerships during these events”, says Wolfgang Karau.

The networking reception was supported by Quality Cargo Networks and Steder Group.

Starting the next day, Quality Cargo Networks exhibited at Breakbulk Europe 2024 exhibition, giving great opportunity to spread information about WWPC and Priority Cargo Network and the members of these networks.

Heavy Cargo News magazine, dedicated to publishing the achievements of WWPC and Priority Cargo network members, was distributed at the exhibition within the visitor bags available for all visitors, as well as at the media points of exhibition halls and the Quality Cargo Networks stand.

Wolfgang Karau states: “At Quality Cargo Networks, we specialize in serving a select group of top brands that offer tailored cargo logistics solutions. With two distinct networks and a news site dedicated to timely cargo news and case studies, we leverage our extensive industry expertise to deliver exceptional service to our valued partners.

Our team of experienced and entrepreneurial project cargo managers possesses a deep understanding of the cargo industry’s nuances. Through our two networks, the specialised forwarding industry can find a comprehensive range of cargo logistics services. We publish network member details for direct use.

We also administer a news website Heavy Cargo News. where we regularly publish timely cargo news and case studies, providing insights into the successful cargo movements done by our network members.”

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ABL are delighted to announce the successful completion of this year’s Singapore Marine Familiarisation Course.

This two-day course, conducted in collaboration with ST Engineering Marine – Tuas Yard Singapore, aimed to introduce marine insurance professionals to the practical and technical aspects of ship damage repairs, salvage techniques, and cyber security in the maritime industry.

The event commenced at the ABL offices in Singapore, where participants were welcomed by the ABL directors. The first day’s agenda included a comprehensive presentation on dealing with engine room flooding, followed by a tour of the ST Engineering Marine Tuas Road Shipyard. Participants had the opportunity to observe the shipyard’s advanced capabilities in ship repairs & conversions. The tour provided valuable insights into the intricate maintenance and upgrade processes of various vessels, including dredgers and specialised subsea support vessels.

The second day featured two comprehensive presentations, the first on the future of marine alternative fuels and the decarbonisation push within the maritime sector, followed by cyber security challenges faced in the maritime sector, underscoring the importance of protecting maritime operations in today’s digital age. Following this, participants enjoyed a networking lunch and a tour of Singapore Port and Anchorages on a yacht. This segment provided an in-depth look at one of the world’s busiest and most strategic ports, showcasing its container transshipment operations and extensive anchorage activities.

The programme concluded with a debrief and Q&A session, where participants shared their experiences and insights gained over the two days. The positive feedback highlighted the programme’s effectiveness in bridging the gap between theoretical knowledge and practical application.

In 2021, Singapore Port ranked as the world’s busiest container transshipment port, handling approximately 2,000 merchant ships daily. The anchorage around Singapore hosts over 300 vessels at any time, making it a critical hub for global maritime activities. Our collaboration with ST Engineering Marine, a premier shipyard renowned for its customised shipbuilding and repair services, was integral to the success of this programme.

ABL extend our heartfelt thanks to all participants from Singapore, China and Malaysia for their enthusiastic involvement. Special thanks to the ABL team and ST Engineering Marine for their dedicated support.

ABL look forward to continuing our efforts in providing top-notch training and fostering collaboration within the maritime industry.

ABL brings together the deepest pool of multi-disciplinary expertise to support all areas of shipping, from early advisory and technical due diligence, navigational planning, early engineering, vessel design and modifications, through to operations, with surveys, inspections and audits, as well as world-class marine warranty survey, to supporting in the minimising of losses with marine casualty management, salvage and wreck removal, and expert witness work.

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Nooteboom Trailers Service specialises not only in service, damage repairs, and modifications but also in complete overhauls of all brands.

They bring your vehicle up to date.

The Royal Netherlands Army Props Committee (RCKL) transports military equipment from the Historical Collections of the Royal Netherlands Army throughout the country. Within the Netherlands, they primarily manage the transport themselves. One of their trailers, the EURO low loader, recently underwent a significant overhaul. The trailer was expertly dismantled and then rebuilt according to the latest technological standards. This process took us 16 weeks at Nooteboom’s branch in Wijchen.

The renewed low loader is going back to work at the Bernhard Barracks for the first time. For this special occasion, the trailer is loaded with an old Centurion battle tank from the 1950s.

Bob Burks, Nooteboom Sales Manager Service, supervised this project and, along with his team, is satisfied with the end result. The entire chassis has been thoroughly inspected and received a new coating.

Mr. Santes (Chairman of RCKL) smiles broadly as he hears this. He nods and emphasises once again how important the low loader is to their organisation. “It is truly a unique vehicle because it can handle not only normal loads but also extra high loads. In terms of weight, it can carry a lot, allowing us to transport heavier vehicles for the organic army units as well.

This means we don’t need to hire an external party, which saves a significant amount of budget. Especially considering that we drive about 60 to 70 thousand kilometers per year with it.”

Extend the economic lifespan of your trailer as well. Adapt your trailer to the (new) requirements of modern road transport. Think of hydraulic ramps, GSM control, or blasting, thermal spraying, and painting. After an overhaul, your vehicle is as good as new.

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One chapter of Norsepower’s remarkable growth story ends and another begins as Mr Tuomas Riski passes his CEO position onto Mr Heikki Pöntynen, who has been a member of Norsepower’s board.

Mr Pöntynen has held several maritime management positions in Finland, China, Hong Kong, and the USA. Norsepower thanks Mr Riski for the significant contribution that he has made over a decade of leadership and welcomes its new CEO to continue the company’s accelerated scaling.

It is with gratitude and optimism that Norsepower announces the resignation of Mr Tuomas Riski as CEO and the appointment of Mr Heikki Pöntynen to the leadership position. It is quite natural that a growth company CEO at some point in time passes on the baton to a follower – and this is what is happening now. The CEO change is ongoing and Mr Pöntynen will now take his position as the CEO of Norsepower. Pöntynen has vast experience in maritime growth companies, which makes him a perfect fit for the current phase of the company.

New CEO Mr Heikki Pöntynen said: “I’m delighted to join the expert Norsepower crew and am eager to throw myself into supporting the Norsepower team to succeed in their ambitious goals. This is a rare opportunity – to build a game-changing company and help in the critical role of reducing emissions from the global shipping industry.”

Chairman of the Board of Norsepower, Mr Erik Floman added: “Tuomas is a true pioneer and has been a superb asset for creating Norsepower; without him, we wouldn’t be the market leader of mechanical sails with a full order book. We want to thank Tuomas for the incredible job he has done. I’m also thrilled that Mr Pöntynen will join the team, bringing his considerable experience from working with companies at a similar phase of growth.”

Before starting at Norsepower, Mr Pöntynen served as a senior executive with Planneri, R&M Group, Rauma Marine Constructions – Rauma Shipyard, Elomatic and MacGregor Group. He also holds an M.Sc. degree and EMBA from Kellogg, Northwestern University-WHU.

Former CEO Tuomas Riski commented: “I’m extremely proud of what Norsepower is today. As a co-founder, I’ve had the privilege to lead our talented team and grow the company from an idea to a proven product. Norsepower is today the global market leader in the business of mechanical sails, shifting the whole maritime industry towards its Net Zero goal.”

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