Jan De Nul Aiming for 100% Renewable Fuel
Jan De Nul Group carries out dredging work in the Benelux with 100% renewable fuel. With this, the world player is further committing itself to immediately and considerably reducing its CO₂ emissions. Trailing suction hopper dredger Alexander von Humboldt will from now on sail on renewable biofuel from certified and sustainable waste streams.The choice of 100% renewable fuel is part of the ambitious CO₂ reduction objectives of the Jan De Nul Group.
SGS Acquires UWC and GDS
Subsea Global Solutions (SGS), a commercial diving company, has announced that it has acquired Underwater Contractors Pte. Ltd. (UWC), a prominent commercial diving firm based in Singapore…
Thyssenkrupp to Invest $279 mln at Shipbuilding Division
Thyssenkrupp plans to invest 250 million euros ($279 million) at its unit that builds submarines and warships, the German industrial conglomerate said on Monday.The investment at Thyssenkrupp Marine Systems (TKMS) will be made by 2023, the group said, pointing to good order intake at the moment. TKMS will also hire 500 new employees by the end of next year, it said."Our ambition is to be Europe's most modern naval company.
Baltic Index at 4-month Low on Weak Demand
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a four-month low on Monday, weighed down by easing rates across vessel segments.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 22 points, or 1.3%, to 1,675, its lowest since July 3.The capesize index dropped 4 points, or 0.1% to 2,946 points, its lowest in more than a week.
Pirates Kidnap Four from Greek Tanker
Pirates attacked a Greek oil tanker off the coast of Togo in the early hours of Monday and fled after taking four crew members as hostages, the West African nation's navy said…
Vens Pledge Funds for Argentine Shipyard to Finish PDVSA Tankers
Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers for state oil company Petroleos de Venezuela…
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