Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters.Russian energy company Gazprom and its western partners are racing to build the pipeline to take Russian gas to Germany under the Baltic Sea
In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021, and for some markets, late summer
Back in 2017, Ocean Infinity made a novel move; deploying six autonomous underwater vehicles (AUVs), instead of just one, from a single vessel, vastly increasing the ground that could be covered in a single survey. Now the firm is taking the use of remote, robotic systems a significant step further.
As nations commit to reducing greenhouse gases, a fishing vessel is designed to do its share. Designed by Norway’s Skipsteknisk and Selvåg AS, it is in build at Cemre Shipyard for Sorheim Holding, the Selvåg Senior is a remarkable concept. Capable of both trawling and purse seining, the 79.5- x16.2-m vessel will have a molded depth of 6.9 m.
Puget LNG and GAC Bunker Fuels have signed a memorandum of understanding to cooperate in the supply of liquefied natural gas (LNG) marine fuel from Puget LNG’s terminal to GAC’s customers in the Pacific Northwest.When the Tacoma LNG Terminal becomes operational in the second quarter of 2021
With DNV GL certification obtained in February 2021, the COBRA battery system from Becker Marine Systems can be used for a wide range of inland waterway and maritime shipping applications, and due to demand, Becker is expanding COBRA production at its Winsen (Luhe) location.Tailor-made for maritime
A new approach to safety is necessary along the maritime industry's rapid transition to a decarbonized, digitally smart future, says classification society DNV GL in a new white paper released this week, and as discussed on Maritime Reporter TV with Knut Ørbeck-Nilssen, CEO of DNV GL - Maritime and Fenna van de Merwe, Principal Consultant at DNV GL, the report’s author.
Classification society DNV GL said it has awarded AYRO an approval in principle (AIP) for its Oceanwings 3.6.3 wind assisted propulsion system for ships.As incoming maritime regulations are ramping up the pressure to improve sustainability and reduce emissions, maritime stakeholders are looking to reduce their greenhouse gas emissions and improve their EEDI or EEXI efficiency index
German shipping company Hapag-Lloyd has joined the shift to green financing, securing funds for six liquefied natural gas (LNG) powered, 23,500 TEU containerships it ordered in December 2020.The firm said it concluded two transactions according to the Green Loan Principles of the Loan Market Association (LMA), as verified by independent secondary party DNV GL
President Joe Biden believes the Nord Stream 2 natural gas pipeline is a "bad deal for Europe" and his administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the White House said on Tuesday.The restrictions on the undersea pipeline project were included in the annual defense policy bill that passed on Jan. 1.
There is increasing pressure for shipowners to sharpen their environmental performance, driven by an IMO target to halve greenhouse gas emissions from shipping by 2050, regional regulations and market pull from charterers, banks and investors.“This represents a whole new ball game for the industry.
Classification society DNV GL said it has granted Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a new wing-sail auxiliary propulsion system for ships designed to help reduce shipping emissions and fuel burn.The wind-powered auxiliary propulsion system, designed for installation aboard many vessel types, is the result of a joint research project from KSOE