The evolution of marine design is increasingly influenced by three drivers: New three-dimensional design tools, the increasing complexity of power systems, and new access to high-latitude shipping routes. While new digital design tools are a natural progression of the current Information Age
Designer Tomas Tillberg’s quest for freedom breaks down barriers and expands to China, where his team builds China’s first expedition cruise ships putting Antarctica - and the most remote, mysterious parts of the world - within reach.All for freedom. Freedom for all. Tomas Tillberg could be Harley Davidson’s new poster boy.
While the task to name only five 'Top' yachts of the year, Maritime Reporter & Engineering News' Lisa Overing gives it her best shot in the January 2019 edition.M/Y TIS: “Size Matters”The age-old question of whether or not size matters is typically directed at men. However, since a ship is called she, Maritime Reporter’s top spot for greatest yacht of 2018 is the class of 2018’s largest launch
Marine propulsion systems company ZF has introduced an intelligent Condition Monitoring System for thrusters. The technology monitors the status of the thruster system and helps shipyards, shipping companies and fleet operators maintain the safety and efficiency of their ships as well as extend the service life of the propulsion system.
Norwegian shipping company Belships ASA has entered into an agreement to acquire a secondhand 63,000 dwt bulk carrier M/V Sofie Victory.The ultramax vessel was built at New Times Shipbuilding, China in 2016.Belships will acquire all shares in the single purpose company Sofie Victory AS, being the owner of M/V Sofie Victory.
The United States has shipped several million tonnes of soybeans to China since the two country's leaders met in June, Chinese state media said on Sunday, ahead of fresh trade talks in Shanghai this week.Chinese companies have made inquiries about buying U.S. soybeans, cotton, pork, sorghum and will continue to purchase U.S.
China will significantly increase imports of U.S. soybeans after the Phase 1 trade deal is signed, the Global Times reported on Wednesday, citing comments from a senior Chinese economist at a state think tank.Wang Liaowei, senior economist at China National Grain and Oils Information Center that is under the National Food and Strategic Reserves Administration
Houston-based Castleton Resources said that its subsidiary Castleton Commodities International LLC (CCI) has closed on the acquisition of the East Texas and North Louisiana Haynesville Shale assets of BG US Production Company LLC, a subsidiary of Royal Dutch Shell plc. Pro forma for the acquisition, Castleton Resources will hold approximately 222
The international agri-based shipping company Louis Dreyfus Company (LDC) has joined the Ship Recycling Transparency Initiative (SRTI), a cross-sectoral coalition calling for increased transparency around ship recycling practices.The Netherlands-based cargo owner said in a press note that it is pleased to sign up to the SRTI as a cargo owner
Japan's shipping giant Nippon Yusen Kaisha (NYK) has been selected for the Dow Jones Sustainability Indices (DJSI), the world's leading investment indexes for ESG (environmental, social, and governance) criteria, for a 17th straight year.The DJSI, which is a major global index for companies engaging in ESG initiatives, is composed of selected sustainability-driven companies from over 3