EIB Fund Greek LNG Bunkering Vessel Construction
European Investment Bank (EIB) and Public Gas Corporation of Greece (DEPA) have signed an agreement to finance with up to 20 million euros the construction of a…
KR On Ammonia as Alt Marine Fuel
The Korean Register of Shipping (KR) has published important technical information on the use of ammonia as an alternative marine fuel, comparing it to other different…
Diana Shipping Sells Dry Bulker
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2002…
NYK Completes 100th LNG Bunkering Ops
Japan's first LNG-fueled vessel, the tugboat Sakigake, on January 23 was supplied with LNG as fuel for the 100th time since the tugboat’s delivery in 2015.The vessel…
Damen Completes Triple Refit for CMV
Damen Shiprepair Amsterdam has completed extensive annual repair and maintenance programs on three cruises ships operated by the UK’s leading independent cruise…
Virginia Port Signs Pact with Ørsted
Danish energy giant Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging…
Inmarsat, ITC Global Expand Connectivity Options
The global provider of mobile satellite communications Inmarsat and the Panasonic Avionics Corp subsidiary ITC Global have announced a five-year strategic collaboration.The…
Global Wind Capacity to Reach 626 GW
The global wind power industry is expected to install more than 626,800 MW of new capacity over the next decade, said a report.According to a report from Navigant Research…
World’s First: Wärtsilä Hybrid Propulsion for Bulkers
The technology solutions provider for the marine and energy markets Wärtsilä has been selected to provide the complete system design and full equipment scope for…
FESCO Transports RTG Cranes Via NSR
FESCO Transportation Group, the largest intermodal transport operator in Russia, has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from…
DCSA Sets Track and Trace Standards
The Digital Container Shipping Association (DCSA), a non-profit group of nine major ocean freight carriers, published track and trace standards in an effort to unify…
Driverless Trucks to Dominate UK Ferry Traffic
Driver-less heavy goods vehicles (HGVs) will be to ship freight between the UK and continental Europe in the future, according to a new white paper published by…
MAN to Open New Propeller Facility in China
Intercompany agreement signed between MAN Energy Solutions’ China Production and Four-Stroke Denmark’s Aft Ship & Propeller Department will establish a local CPP Assembly & Test facility with the aim to expand the propeller business further into the Chinese market.The target is to double the market share, and the plan is to start assembling the first systems in the middle of 2020, the company said.Jan Zebitz…
Oil Tanker Ablaze off UAE
Authorities in the United Arab Emirates are "working to put out a fire that broke out aboard an oil tanker 21 miles off the coast of Sharjah after receiving a distress message.
Baltic Index Falls to Over 3-Year Low
The Baltic Exchange's main sea freight index fell for the 9th consecutive session on Wednesday, as vessel rates fell across segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 14 points, or 2.6%, to 525 — its lowest level in over 3 years.The capesize index dropped 36 points, or 27.9%, to a near 10-month low of 93, falling for a 34th consecutive session.Average daily earnings for capesizes…
WinGD Develops Flexible Injector Concept
WinGD (Winterthur Gas & Diesel) has invested in fuel research with the development of a flexible injection system. In a whitepaper released today, ‘Flexible Injector to Advance Alternative Fuels Research’, the engine designers describe how the concept will play a crucial role in its investigations into low-carbon liquid fuels and engine injection concepts to harness them.The system was developed as part of HERCULES 2, a collaborative European engine research project which concluded in 2018.
Aasen Orders Hybrid-power Self-discharging Bulkers
A pair of 9,300 DWT self-discharging bulk carriers being built for Norway’s Aasen Shipping at the Royal Bodewes shipyard in the Netherlands will be the first of their kind to be fitted with a hybrid propulsion solution.Wärtsilä said it secured an order in December 2019 to provide the complete system design and full equipment scope for two newbuilds.Torbørn Torkelsen, CEO at Aasen Shipping, said, “We…
Solstad Reups, Expands Deal with Marlink
Norwegian offshore services and supply vessel company Solstad Offshore has renewed its connectivity contract with Marlink, committing 65 offshore vessels to Sealink, Marlink’s high-throughput Ku-band VSAT service. Solstad’s vessels will be provided with Sealink Services and L-band backup to ensure seamless global connectivity.Solstad sought a flexible, customized service to meet the diverse demands of its offshore support vessel (OSV) fleet, Marlink said.
Hong Kong Halts Ferry Service to China on Virus Fears
Hong Kong has suspended cross-border ferry service to and from mainland China as it seeks to prevent the spread of the novel coronavirus.All cross-boundary ferry services to and from the China Ferry Terminal and the Tuen Mun Ferry Terminal have been suspended, Hong Kong's government announced on Wednesday,The government said other modes of transport, including rail and airline service, have also been…
