MOL to Invest in Engine Fuel Efficiency Tech Developer
Mitsui O.S.K. Lines (MOL) has set out plans to invest in Carnot, a start-up company that develops technology for highly efficient engines using heat-resistant materials.Carnot is technology start-up developing ways to dramatically increase engine fuel efficiency, while slashing greenhouse gas (GHG) emissions.Steel and aluminum engines require constant cooling to prevent them from overheating, which reduces performance and increases the risk of engine failure. Therefore, about…
US Celebrates National Maritime Day
Each year on May 22 the US celebrates National Maritime Day. May 22 was declared National Maritime Day in 1933 to honor the SS Savannah’s departure from Georgia to England in 1819 to become the first successful steam-powered ship to successfully cross any ocean. The US Merchant Marine has been a pillar in the country’s foundation of prosperity and security. They power the world’s largest economy and strengthen ties with trading partners around the world, all while supporting our military forces by shipping troops and supplies wherever they need to go.During World War II more than 250…
National Maritime Day
“I hold no branch in higher esteem, than the Merchant Marine…”That is a quote from General Douglas MacArthur, Supreme Allied Commander of the Pacific in WWII. That one sentence sums up National Maritime Day. Inasmuch if it were not for our glorious Merchant Marine and maritime industry, we may not even have been a nation at all.National Maritime Day is the day we honor our American Merchant Mariners for protecting our freedom and for their dedication to promoting American commerce together with the accomplishments of the U.S. maritime industry.
