Finland-based shipping company Viking Line has decided to install a resistance-reducing solution on its Viking Grace ship in order to improve its energy efficiency. Viking Line has ordered the Elogrid solution from compatriot engineering and consulting company Elomatic for Viking Grace, which is the
Shipping joint venture Proman Stena Bulk said that its two fully operational methanol-fuelled tankers have become the first vessels to bunker methanol in Ulsan, South Korea.
Finnish technology group Wärtsilä has been contracted to supply engines, waterjets, and fuel storage and supply system for a new high speed catamaran ferry powered by liquefied natural gas (LNG).
Norwegian shipping company Avance Gas has raised long-term financing for the two last remaining liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) newbuildings.
Knutsen NYK Offshore Tankers (KNOT), a joint venture between Japanese shipping company NYK and Norway’s shipping company TS Shipping Invest, has taken delivery of its second dual-fuel LNG shuttle tanker.
The UK-based Core Power has secured research funds from the U.S. Department of Energy’s Nuclear Energy University Program (NEUP) to study the development of offshore floating nuclear power generation in the US. Core Power specializes in scalable atomic power technology for ocean transport and heavy
French sailing freight transport company TransOceanic Wind Transport (TOWT) has contracted compatriot shipyard Piriou for the construction of the second 81-metre sailing cargo ship. TOWT ordered the first wind-powered ship at the same shipyard at the beginning of the year. Its delivery is scheduled
The Bill Gates-founded investment fund Breakthrough Energy Ventures (BEV) has entered as an investor in Danish fuel cell company Blue World Technologies alongside Vaekstfonden, DEUTZ AG, and existing investors who invested back in December 2021 to complete the company’s €37 million series B round.
Classification society DNV has issued approval in principle (AiP) to Norway-based H2Carrier for its industrial-scale concept for a floating production unit to produce green ammonia at sea, confirming the technical feasibility of the design. H2Carrier is the designer and owner of the proprietary P2XF
e1 Marine, a global renewable energy company, said that its M-series methanol to hydrogen generator has received Approval in Principle (AiP) for marine applications from the Republic of the Marshall Islands (RMI) Maritime Administrator. The AiP covers application on any vessel type and comes on the
Norwegian maritime technology group Kongsberg Maritime (KM) has launched EcoAdvisor, an intelligent and dynamic decision support system for optimising a range of vessel operations. The system is an outcome of a joint ‘Intelligent Efficiency’ research project between KM, DOF Subsea, Sintef, NORCE and
Greek ballast water treatment specialist Erma First has launched Blue Connect, a high-voltage shore power solution. Cold ironing systems enable vessels to connect to a port’s electrical grid in order to power vessels’ systems and equipment while at birth, enabling the ships’ diesel generators to be
French classification society Bureau Veritas (BV) has issued a new ‘biofuel ready’ notation to support the wider deployment of biofuels in the shipping industry. BV said that this notation will help the maritime industry address the main challenges related to the use of biofuels by ships, providing
Crude oil tanker company DHT Holdings has entered into an agreement to sell its very large crude carrier (VLCC) DHT Edelweiss which is not fitted with an exhaust gas cleaning system (scrubber) in an effort to meet regulatory standards. The company is selling the 2008-built VLCC to an undisclosed buy
