Wind propulsion developer BAR Technologies (BAR) has entered into a partnership agreement with Nervion Naval Offshore (Nervion), a pioneer in floating offshore wind platforms, to manage and oversee the production of BAR Technologies’ WindWings in Europe. The agreement with Nervion, a company owned b
Japan’s Kobe-Osaka International Port Corporation is launching an initiative to showcase the operational prowess of hydrogen-fueled cargo handling machinery, marking a global first in converting a rubber-tired gantry (RTG) crane’s diesel engine generator to a hydrogen engine generator. The project i
Dealfeng New Energy Technology, a Chinese technical-based company integrating R&D and manufacturing of wind auxiliary propulsion rotor sail systems, has completed the installation of its rotor sails on a 5,000-ton class product oil tanker. The company said that the installation of its set of 4m x 16
Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Despite
The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, Genera
The Ports of Long Beach and Los Angeles are poised to undergo a transformative change as they secure government funding aimed at ushering in the widespread adoption of hydrogen fuel cell-powered equipment across all transportation modes within the port complexes. Namely, the U.S. Department of Energ
Greek dry bulk shipping company Diana Shipping has signed a letter of intent to procure two 81,200 dwt methanol dual-fuel Kamsarmax dry bulk newbuilds. These vessels, with a purchase price of US$46 million each, will be constructed at Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the Chines
The shipping industry will find it challenging to secure enough supply of carbon-neutral fuels, according to the latest edition of DNV’s Maritime Forecast to 2050, as it faces tough competition from other sectors. The report emphasizes the need to consider all alternative approaches to reducing emis
UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has welcomed the third newbuild LNG dual-fuel very large crude carrier (VLCC) to its fleet. The vessel named Arzanah has a length of 336 meters and a deadweight of 300
Ocean vessel operating company Zeaborn Ship Management (Singapore) PTE. LTD. pleaded guilty to maintaining false and incomplete records relating to the discharge of oily bilge water and garbage on board the vessel Star Maia, the U.S. Department of Justice said. In its plea, Zeaborn has agreed to pay
BOEM is publishing a final notice to hold the next offshore oil and gas lease sale for acreage in the Gulf of Mexico (GOM) in September 2023.
Finnish technology group Wärtsilä has revealed it will provide its battery electric propulsion system and waterjets for the world’s largest battery-electric ferry.
State-owned transmission system operator Gasgrid Finland has taken the next step in the development of its hydrogen transfer infrastructure demonstration project with a contract for the basic design of a 23-kilometre hydrogen transmission pipeline. Namely, Gagrid Vetyverkot Oy, which was founded at
Singapore-based ship management company Eastern Pacific Shipping (EPS) has held a naming ceremony for its first dual-fuel liquefied petroleum gas (LPG) very large gas carrier.
