Up to Nine Hurtigruten Ships Will Switch to Hybrid Power
Norwegian cruise ferry operator Hurtigruten has signed a Letter of Intent with Rolls-Royce to upgrade up to nine vessels to hybrid power.The main engines on up to nine cruise ships will switch from diesel to gas power, and the upgrade will also include installation of a hybrid battery system.The deal comprises the supply of equipment to six existing passenger cruise vessels, with an option for a further three.
Scrubbers 'No Silver Bullet' for Shipping -Wartsila
Global shipping fleet must cut sulfur emissions by 2020. Wartsila received record orders for sulfur scrubbers last year. Shipping industry hopes that so-called sulfur scrubbers are a quick-fix solution to compliance with drastic emissions reduction demanded by 2020 are somewhat misguided, one of the world's biggest manufacturers of the equipment told Reuters. The International Maritime Organization's…
Liebherr´s New Floating Crane Goes to Market
The latest four rope grab crane development of Liebherr´s floating crane segment is going to be installed on a converted handymax bulk carrier (45,000 DWT) with…
Sunken Barge Located in the Ohio River
A runaway barge that went missing after sinking near Cairo, Illinois has been located near mile marker 964 on the Ohio River on Thursday.The barge carrying pig iron…
CMA CGM to Acquire 25% Stake in CEVA
French container shipping company CMA CGM said on Friday it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market.CMA CGM said that as part of this process, it would subscribe to a 380-450 million Swiss francs ($463 million) convertible bond offering by Ceva Logistics.CMA CGM, which is controlled by the Saade family and is one of the world's biggest container lines, said the stake would complement its existing maritime transport businesses.CMA
Shell Active in Mideast, Russia Crude Liftings
Oil major buys various grades from Qatar, UAE, Russia; re-sells Qatar Marine and Sokol. Royal Dutch Shell has snapped up more than 8 million barrels of Middle East…
Panama Canal LNG Volume Soars as Global Demand Grows
The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters.LNG volumes traversing the Canal could hit 30 million tonnes a year before the end of 2020, said Jorge Quijano, who leads the Panama Canal Authority, up from 6…
20,000 TEU Cosco Shipping Gemini Delivered
The 20,000 TEU containership Cosco Shipping Gemini was officially named and delivered. The vessel was built by the Chinese shipyard Dalian Shipbuilding Industry…
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