World’s first ME-GIE engine runs successfully on ethane

MAY 16, 2017 — The world’s first ME-GIE (-Gas Injection Ethane) two-stroke engine has successfully passed gas trials on board the Gaschem Beluga, an LEG (liquefied ethylene gas) carrier, while sailing between

Consortium plans to 3D print a propeller

MAY 16, 2017 — Marking a major step forward in the application of 3D printing techniques in the maritime sector, Damen Shipyards Group has entered a cooperative consortium with RAMLAB, propeller manufacturer

Norwegian Coastal Admin newbuild to have R-R hybrid system

MAY 15, 2017 — A new multipurpose vessel on order at Norwegian shipbuilder Fitjar Mekaniske Verksted will be the second Norwegian Coastal Administration vessel to combine traditional diesel power with battery-driven operation.

Frontline fires another salvo in DHT takeover battle

MAY 15, 2017 — John Fredriksen controlled tanker owner Frontline Ltd (NYSE/OSE: FRO) is persisting with its efforts to gain control of DHT Holdings, Inc.(NYSE: DHT). Those who have been following ding

Costa Concordia: Schettino starts serving prison term

MAY 15, 2017 — Former Costa Concordia captain Francesco Schettino began serving a 16-year prison term Friday after Italy’s Supreme Court upheld his sentence and lower court convictions for manslaughter, causing a

Canada to implement northern BC tanker moratorium

MAY 13, 2017 — The Chamber of Shipping of British Columbia says that a Canadian government decision to implement a moratorium on crude oil shipment to and from ports in Northern British

TEN reports profitable first quarter

MAY 12, 2017 — Athens headquartered tanker operator Tsakos Energy Navigation, Ltd (NYSE: TNP) reported results for the quarter ended March 31, 2017 that saw revenues, net of voyage expenses, reach $108.2

Hoppe Marine acquires Intering business from Rolls-Royce

MAY 11, 2017 — Following the acquisition of Rolls-Royce’s Intering business, Hoppe Marine GmbH, Hamburg, Germany, says that it now offers the world’s broadest expertise in tailormade, optimized solutions for vessel anti-heeling

Damen Maaskant books order for beam trawler

MAY 11, 2017 — Damen Maaskant Shipyards Stellendam is to build a new beam trawler for the Hakvoort Brothers, based in Urk, the Netherlands. The vessel, which will be built using a

Higher bunker prices push Maersk Line into first quarter loss

MAY 11, 2017 — In line with expectations, A.P. Møller – Mærsk A/S reported a profit of $253 million ($224 million) with a return on invested capital (ROIC) of 3.5% (2.9%),in its

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