Ship Recycling Market Ready for Some New-Year Optimism
The Baltic Exchange Sea Freight Index cooled its seven-day losing streak on Friday, bouncing back about 0.5%, and propelled primarily by larger sized vessels. Translation? “The ensuing performance of the Baltic Exchange Dry Index has, and should see a general increase in the supply of mid-sized (and smaller) dry (and even the occasional wet) units being offered into the ship recycling markets, as evident from both Bangladeshi and Indian port reports over recent weeks…
Optimizing Port Arrivals Could Slash Voyage Emissions
A new study by UCL and UMAS, which analyzed ship movements between 2018-2022, found that optimizing port arrivals to consider port congestion or waiting times could reduce voyage emissions by up to 25% for some vessel types.The average potential emissions saving for the voyages is approximately 10% for container ships and dry bulkers, 16% for gas carriers and oil tankers and almost 25% for chemical tankers.
Wallenius Marine Tests Wind-Powered PCTC Design
Wallenius Marine is conducting advanced wind tunnel tests aimed at realising the world’s first wind-powered pure car and truck carrier (PCTC).The tests are being carried out in Gothenburg, Sweden, at one of Europe’s most advanced wind tunnels, with wind speeds of up to 250 km/h.Wallenius Marine is gathered with experts from RISE KTH, and Oceanbird in Gothenburg for a series of tests that will confirm…
Electric Hydrofoiling Boat Ready for Auckland Tourist Experience
The battery-electric hydrofoiling boat VS-9 has officially joined the fleet of Fullers360, New Zealand’s largest ferry operator.Designed and built by Vessev, the vessel is nine meters long, can transport passengers at a service speed of 25 knots and has a range of up to 50 nautical miles (57 miles / 92 kilometers).Throughout sea trials, the VS-9 exceeded performance expectations in waves of up to one meter.