Norwegian supplier of hydrogen-based energy systems for vessels HAV Hydrogen and maritime supplier Norwegian Electric Systems (NES), both subsidiaries of HAV Group ASA, have completed a laboratory test of a hydrogen fuel cell in combination with a maritime control system. The scope of the project wa
Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2
The members of the newly formed Future Maritime Leaders Network have called for improving the maritime industry for the workforce of tomorrow, by investing in data-sharing and education of crews.
Cool Company (CoolCo) has entered into sale and leaseback financing arrangements with Huaxia Financial Leasing for two LNG carriers that are being built by Hyundai Samho Heavy Industries in South Korea. Following the earlier announcement of the purchase of two 2-stroke LNG carrier newbuilds, namely
Mitsui O.S.K Lines, Ltd. (MOL), MOL Drybulk, Ltd., Onomichi Dockyard Co., Ltd., Kawasaki Heavy Industries, Ltd. (Kawasaki) and Japan Engine Corporation (J-ENG) have been granted Approval in Principle (AiP) of parcel layout concept from Nippon Kaiji Kyokai (ClassNK) for hydrogen-powered multi-purpose
In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2
South Korean shipbuilder Hyundai Samho Heavy Industries has started the construction of a 2-stroke LNG carrier for Cool Company (CoolCo). According to CoolCo’s brief social media update, the steel cutting ceremony for the LNG carrier was held on October 10, 2023. The vessel named Kool Panther is one
Greek shipping company Lavinia has placed an order for six bulk carriers to be constructed in China.
Kale Logistics Solutions (Kale) has published a readiness survey of 200 ports that revealed 30 percent are not prepared to adopt the International Maritime Organization’s (IMO) Maritime Single Window (MSW) mandate, which becomes compulsory worldwide from January 2024.
Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for a liquefied natural gas (LNG) carrier at Samsung Heavy Industries (SHI).
Dutch shipbuilder Damen Shipyards has signed a contract with Belgian shipping company Fast Lines Belgium for the delivery of two Damen Combi Freighter 3850 (CF 3850).
Norwegian equipment provider Kongsberg Maritime has delivered a 23% cut in CO2 emissions on the 121-meter passenger vessel, owned by Hurtigruten, a coastal ship operator and adventure travel company.
Japanese companies Nippon Yusen Kabushiki Kaisha (NYK), MTI Co., and Nabtesco Corporation (Nabtesco) have developed an electric diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel’s engine plant for early anomaly detection.
APM Terminals Suape, part of Maersk’s port logistics arm APM Terminals, has received approval from Brazil’s National Waterway Transport Agency to change its cargo profile, enabling the terminal to operate containerized cargo and expand the area to be used by the terminal. APM Terminals Suape will op
