Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned Finnish company developing a technology for producing clean hydrogen and solid carbon from methane. The agreement will see
ZeroNorth AS, the software spin-off from Maersk Tankers in which agribusiness giant Cargill is an investor, has launched a new vessel optimization service. lt is designed to simplify the process for ship
The big news from Honolulu-headquartered Matson, Inc.(NYSE: MATX) at the beginning of this month was that it had placed a $1 billion order for three LNG-fueled Aloha-class containerships at Philly Shipyard. Those
Mokena, Ill., based Middle River Marine LLC (MRM) reports that it has acquired the assets of Kindra Lake Towing LP, of Chicago. The agreement will expand MRM’s bulk material logistic operations with
Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co. is to equip 10 COSCO Shipping Corporation containerships with ABB permanent magnet shaft generator systems. Due for delivery by the end of 2025, the
Seapeak LLC reports that it has entered into shipbuilding contracts for the construction of five 174,000-cubic meter M-type (ME-GA propulsion) LNG carrier newbuildings. They are to be constructed by Samsung Heavy Industries
Central Command has now released details and imagery substantiating its findings that an Iranian drone was the “projectile” that struck a product tanker managed by Idan Ofer’s Eastern Pacific Shipping on November
Fire and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, cargo damage is the most frequent cause of loss,
The U.S. Navy’s Military Sealift Command has awarded Vigor Marine LLC., Portland, Oregon, a $20,187,816 firm-fixed-price contract for a 90-calendar day shipyard availability for a mid-term availability of the hospital ship USNS
Milan, Italy, based cable-laying giant Prysmian has returned to Fincantieri’s Norwegian-headquartered Vard subsidiary with an order contract for a 170 meter cable lay vessel. It will be very similar to the Leonardo