Houston headquartered NOV Inc. (NYSE: NOV) reports that it has signed a contract with shipbuilder COSCO Shipping Heavy Industry and Copenhagen, Denmark-headquartered Cadeler (OSE: CADLR) to supply the designs for two GustoMSC
If you didn’t get the message that shipping needs to decarbonize, welcome back from your vacation on Mars. The International Maritime Organization has set what the International Chamber of Shipping describes as
Classification society DNV estimates that currently up to 30,000 vessels will need to take action to comply with the upcoming EEXI regulation, likely be adopted at this week’s 76th meeting of the
Naval Sea Systems Command (NAVSEA) has approved the use of Viega MegaPress CuNi mechanically attached fittings in sizes ½” to 2″ in surface combatants for a variety of systems, including chilled water,
GM is to phase out gasoline and diesel powered cars by 2035—and California could ban gas-fueled leaf blowers and lawnmowers by 2024. Developments like that are a reminder that moves to make
A major effort aimed at developing a comprehensive U.S. offshore wind supply chain roadmap has launched. The comprehensive study is a combination of two projects with $400,000 in funding coming from the
Capturing and storing CO2 is an important strategy in efforts to reduce global CO2 emissions. But how do you get the captured carbon to where you store it? Wärtsilä has been working
As we reported earlier, Hapag-Lloyd has secured green financing for six containerships on order for delivery from South Korea in 2024. Hapag-Lloyd obtained the favorable financing with the support of DNV which
A white paper released by classification society DNV GL identifies a looming “safety gap” between shipping’s existing approach to safety risks and its plans for greater digitalization and the adoption of alternative
From March 1, DNV GL will change its name to DNV. The DNV GL name has been in place since the 2013 merger between classification societies DNV (Det Norske Veritas) and GL
