Sinwa Group to Acquire Francois Marine & Offshore
Sinwa Group announced it has reached an agreement to acquire Francois Marine & Offshore from Northern Marine Group.Francois Marine & Offshore has Asian ship supply operations and infrastructure in Singapore, Hong Kong, Shanghai and Busan. The acquisition does not include the subsidiary Francois Marine B.V in Rotterdam, nor Francoise Offshore Catering.Thomas Zimmerhaeckel, Sinwa chairman and managing partner at Asean Strategic Partners…
Neu Seeschiffahrt to Implement Yara Marine’s FuelOpt
German shipping company Neu Seeschiffahrt has inked a deal to install Yara Marine Technologies' (YMT) propulsion optimization technology across its fleet of six very large ore carriers (VLOC) and two recently acquired Newcastlemax vessels in 2024.YMT's FuelOpt system reduces fuel consumption and associated emissions by automatically adapting the vessel’s propulsive power to real-time environmental conditions.
Amogy: Policy and Standards Needed for Ammonia
Ammonia-to-power solutions company Amogy Inc. has released a white paper titled "Ammonia as a Clean Energy Solution for Maritime Use."Ammonia has emerged as a promising fuel source for a wide range of vessel types, but realizing its potential requires a combination of production incentives, sector-specific policies, and standardized ammonia usage practices throughout the maritime value chain.The white paper examines ammonia's pivotal role in decarbonizing maritime applications.
Finland Probing Russian, Chinese Ships Over Gas Pipeline Damage
Finnish investigators looking into damage to a Finnish-Estonian gas pipeline said on Tuesday they are probing several ships, including one Chinese and one Russia-owned, which were present in the Gulf of Finland at the time.“Investigation measures have been focused on several vessels, such as Newnew Polarbear and Sevmorput, but also on others which according to data have been in the area at the time of the damage,” Finland’s National Bureau of Investigation added in a statement.Related: Finland C
Rolls-Royce to Cut Up to 2,500 Jobs
Rolls-Royce (RR.L) said on Tuesday it would cut up to 2,500 jobs as its new chief executive seeks to build a more efficient business, the latest boss to attempt to revamp one of Britain's most prestigious engineering companies.Over the last decade, Rolls-Royce, whose engines and systems are used on the Airbus A350 and Boeing 787 as well as ships, submarines and in power generation, has been through several restructurings…
Evergreen Line Declares Force Majeure on Israel Shipment
Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted to Haifa further north due to safety concerns…
All-electric Waterways Clean-up Vessel Launched in the UK
MMS Workboats, a division of U.K.-based MMS Ship Repair & Dry Dock Co Ltd. (MMS), has launched a cutting-edge plastic and debris collection vessel: the Envirocat All-Electric Eco 8.5.Designed to make waterways cleaner and support sustainable industries such as fish farming and aquaculture, the 8.5 meter vessel can be operated by a single user, enabling efficient, cost effective and environmentally friendly clearance of plastic and flotsam from the water’s surface.The vessel…
Orion Wins Contract to Replace Dry Dock at Grand Bahama Shipyard
Construction and engineering company Orion Group Holdings announced it has been awarded a contract worth more than $100 million for the turnkey design-build of a replacement dry dock at the Grand Bahama Shipyard, situated in Grand Bahama, Bahamas.The scope of work includes marine works and infrastructure construction, dredging, creating new mooring facilities and providing enhancements to shore stability.
Will Floating Offshore Wind Drive a Shipbuilding Boom?
Will the emergence of a floating offshore wind industry drive demand for newbuilds? When would these new vessels be needed? And will there enough qualified mariners to crew them? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full video interview here.
US Bolsters Its Sealift and Tanker Support Fleets
The United States has bolstered its fleet of U.S.-flagged sustainment sealift vessels and product tankers to support the Department of Defense (DoD) during times…
Finland Terminal Receives First LNG Cargo after Pipeline Breach
A tanker carrying liquefied natural gas (LNG) arrived at Finland's Inkoo terminal on Tuesday, vessel tracking data showed, the first such cargo to appear following the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Maran Gas Vergina, carrying U.S. natural gas, docked next to the Exemplar floating storage and regasification unit (FSRU), which was installed late last year to facilitate LNG imports and thus boost Finland's energy security.The cargo belongs to Finnish gas supplier Gasum…
Techcross Expands Environmental Solutions Portfolio
Techcross, a comprehensive environmental company, will participate in the 2023 Kormarine.Techcross, known for its performance and sales in electrolysis-type ballast water management systems (BWMS), will showcase its expansion into new business areas alongside its existing BWMS at the 2023 Kormarine.As regulations have become more stringent for achieving net-zero and environmental protection goals,…
