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MES Delivers Third Neo60BC Bulk Carrier

31 July 2015

Business & Finance

Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) delivered a 60,000 dwt type bulk carrier MV Elbabe to Liberia’s Mangusta Maritime Ltd, in a ceremony held at its Chiba Works on July 31, 2015. This is the third ship of the shipbuilder’s ”neo60BC” eco-ship design, capable of accommodating up to 24 persons and sailing at the speed of […]

Sonardyne PIES to Track Disruptive Currents in GoM

27 March 2019

Business & Finance, Equipment, Operations & Maintenance, Research & Development

Oceanographic equipment developed by underwater technology company Sonardyne will be used as part of a $2-million scientific study of disruptive ocean currents in the US Gulf of Mexico. The multi-year deployment, led by the University of Rhode Island (URI)’s Graduate School of Oceanography, will monitor the Loop Current System (LCS) using Sonardyne’s Pressure Inverted Echo […]

VISEDO to Power Up World’s Largest Electric Ferry

10 June 2015

Business & Finance

The Finnish electric drive train specialist VISEDO has been selected as the sole electric-system supplier for the world’s largest fully electric ferryboat to be built by the Danish shipbuilder Søby Shipyard Ltd. The ferry will be introduced in June, 2017 to transportation of vehicles and passengers between the island Ærø and the mainland in Denmark. […]

Mawani, Rotterdam Port to develop smart ports and boost trade

24 August 2023

Business Developments & Projects, Ports & Logistics

The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in the areas of smart ports, human capital development, knowledge transfer and commercial opportunities.

New 2030 sub-target in revised directive can keep Europe at the cutting-edge of renewable energy innovation

25 March 2021

Authorities & Government, Business Developments & Projects, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology

A new sub-target in the revised Renewable Energy Directive for the deployment of innovative technologies is all it would take for Europe to reclaim its competitive edge in renewables.

Oldendorff Confirms Order for Bulker Duo at Oshima

26 June 2018

Business & Finance

Oldendorff Carriers confirmed an order for two more Kamsarmax bulkers at Japan’s Oshima Shipbuilding.

Russia: Krasnoye Sormovo Shipyard Splashes VF Tanker-3

24 May 2012

Few days ago, Krasnoye Sormovo Shipyard launched VF Tanker-3 of project RST27 for the VF Tanker LLC. The shipyard and V.F. Tanker inked construction contract for 5 tankers in June 2011 with an option for five more signed in October. The lead ship of project RST27 was launched on February 17th. Project RST27 was designed […]

DOE to invest $150 million in energy transition projects

23 February 2022

Business & Finance, Business Developments & Projects, Research & Development

The U.S. Department of Energy (DOE) will invest $150 million in research projects focused on advancing clean energy technologies.

Japan’s LNG imports up in January

17 February 2021

Business Developments & Projects, Operations & Maintenance

Imports of liquefied natural gas (LNG) into Japan rose during the first month of 2021.

Pontis to Deliver High Tech Equipment for Two German Substations

4 February 2013

Technology

Germany’s ambitious transformation of the energy supply system: the “Energiewende” offers a wide range of challenges and opportunities for innovative businesses in the development of new technology. And therefore for Pontis. Recently, Pontis was commissioned to develop and deliver high tech equipment for the installation of 2 offshore converter stations (BorWin2 & HelWin1). These +30.000 […]

Hartree, Hunter Group to Form Scrubber-Fitted VLCC Pool

24 October 2018

Business & Finance

The joint fleet would be made up of eleven eco VLCC vessels.

HMM Inks Final Contracts for 20 Boxship Giants

28 September 2018

Business & Finance

HMM signed formal contracts for 20 eco-friendly mega containerships with three shipyards.

Mitsubishi Corporation picks BAR Tech’s wind propulsion system for its bulker

21 June 2022

Business Developments & Projects, Equipment, Technology, Vessels

Japanese trading company Mitsubishi Corporation has revealed that its bulk carrier will undergo installation and deployment of BAR Technologies’ (BAR Tech) wind propulsion system WindWings, delivered by industrialization partner Yara Marine Technologies.

IMW, RM Sign Distribution and Customer Care Agreement

6 February 2014

IMW Industries, a wholly-owned subsidiary of Clean Energy Fuels Corp., announced an exclusive distribution and customer care agreement with Russian Machines Corporation (RM), part of the Basic Element Group. Under the agreement, RM is named the exclusive distributor of IMW compressors, compressed natural gas (CNG) filling solutions, parts, and sole provider of maintenance and service […]

Hunter Group says CCTS market has hit slow waters, eyes significant ship demands in decade’s latter half

24 August 2023

Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels, Vision

The carbon capture, transportation, and storage (CCTS) market is developing slower than expected, according to Oslo-listed Hunter Group, which has pinned the responsibility for the trend onto technical hurdles and cost challenges. The company is using its experience from the gas and tanker industry to develop a ship design for liquified CO2 carriers and is […]

United Heavy Lift Adds Eleven Ships to Its Fleet

24 January 2020

Business & Finance

United Heavy Lift takes over a fleet of nine eco-friendly F900 newbuilds and buys two 12,000 dwt vessels.

Rosneft orders harsh-environment supply vessels from Zvezda

1 September 2016

Russian oil firm Rosneft and the Far Eastern Shipbuilding and Ship Repair Center (FESRC) have signed contracts for delivery of two unique multi-purpose supply vessels of reinforced ice-class Icebreaker 7. The document envisages delivery of the first two Zvezda Shipyard built vessels at the end of 2019 and during the first half of 2020. The […]

Mitsui Delivers Bulk Carrier Christina to Ostria Marine

16 March 2018

Business & Finance

Mitsui Engineering and Shipbuilding delivered a 66,000 dwt bulk carrier to its owner on March 15, 2018.

New Kid on the Block-Awilco Container

28 September 2017

Business & Finance

A new player on the container vessel market has been established this year -Awilco Container AS. The latest market entrant is a wholly-owned subsidiary of Norwegian shipping company Awilco AS. The Oslo-based container shipping company has bought four containerships as of September 11, the company’s data reveals. The second-hand ships include 2010-built AS Mariana, AS Mariella and AS […]

BW LPG to Retrofit 4 Ships to LPG-Propelled Dual-Fuel Engines

30 August 2018

Business & Finance

BW LPG signs contracts for the delivery and retrofitting of four LPG-propelled dual-fuel engines in its fleet.

Russia: Gazprom, Statoil Officials Evaluate Progress with Shtokman Project

1 March 2011

Business & Finance

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Helge Lund, President and Chief Executive Officer of Statoil. During the meeting the parties addressed the key business issues and prospects for cooperation between Gazprom and Statoil in the gas sector. Alexey Miller and Helge Lund appraised […]

Marine Energy Collegiate Competition winners announced

24 July 2020

Authorities & Government, Innovation, Research & Development, Technology

The U.S. Department of Energy (DOE) has announced the winners of the 2020 Marine Energy Collegiate Competition (MECC). Of the 14 collegiate teams that competed, DOE recognized three overall winners, who achieved the highest scores. DOE also recognized three teams for their performance in individual categories of the competition. The National Renewable Energy Laboratory (NREL) […]