Confusion over new fuels will not be helped by the fact that each one has a good and bad version. The science on grey ammonia, grey methanol, and palm oil biofuel show that these are probably worse for the planet, if adopted, than unfettered continuation of fossil fuel consumption.
Norwegian shipowners agree: the obsession with new fuels is eliding a valuable discussion of the potential of fuel efficiency. The Aurora-class has enabled Höegh Autoliners to reduce emissions by around 58% per car carried, “before we even use low carbon fuels,” CEO Andreas Enger said.
A ceremony in Umeå marked the official completion of Stena Line’s acquisition of Wasaline.“The close and strong cooperation between Sweden and Finland is of central strategic importance to both our countries. Robust and reliable transport links are a fundamental prerequisite for a competitive business sector as well as for strengthened preparedness and security.
Associated Terminals and Liebherr Maritime Cranes celebrated the christening of two CBG 500 E cranes in New Orleans, introducing the first all-electric transshipment cranes of their kind on the Lower Mississippi River. Each crane is engineered for high-volume bulk handling, offering maximum grab capacities of 90 tonnes in sheltered waters and up to 65 tonnes inopen water
The World Shipping Council (WSC) announced that Höegh Autoliners has joined as a member, further strengthening the Council’s representation of the global liner shipping industry, including the vehicle carrier sector.“We are pleased to welcome Höegh Autoliners to the World Shipping Council,” said Joe Kramek, WSC President & CEO.
On January 1, 2026, Roland Schwandt took over as CEO of SCHOTTEL GmbH from Stefan Kaul as part of an orderly succession plan. Christian Bock was appointed Deputy CEO. In the future, Stefan Kaul will focus on production and materials management for the German production facilities in Dörth and Wismar and will continue to support the new management with his many years of experience.
German Naval Yards (GNY), Swisship Yacht Projects headed by Andreas Iseli and Kristian Pascoli of Pascoli International have announced their collaboration on a new 93-meter superyacht concept “KOA” aimed at the next generation of large-superyacht owners. With a beam of 14.60 meters, a draft of 4 meters and an internal volume of approximately 3,500 GT, the project balances modern aesthetics
Performance Shipping reported its third-quarter financial results for 2025, highlighting solid fleet performance amidst softer market conditions.For the three months ending September 30, 2025, the company posted net income of $3.9 million, a decrease from $12.4 million in the same period in 2024.
ST Engineering’s Marine business and Siemens Energy have been awarded a second contract by Transcontinental Capital Corporation (Bermuda), a subsidiary of Seaboard Corporation, to deliver Estrella del Mar IV, a barge-mounted power plant to Santo Domingo in Dominican Republic.The new power plant will be based on its predecessor, the Estrella del Mar III, which was commissioned in 2022.
German navigation systems specialist Anschütz has officially unveiled ‘Anschütz Autonomics’, a new line of solutions aimed at enabling autonomous navigation and mission automation for commercial, defense and security vessels.The launch follows a series of successful demonstrations with partners in Germany and France, as well as trials with the German Navy.
Vestdavit, a European supplier of advanced davit systems, has entered a new phase in its development through a landmark transaction under which it will be wholly acquired by Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management. The acquisition provides Vestdavit with a stronger commercial platform to drive growth and expand globally across its core naval and
Norwegian supplier of boat-handling systems Vestdavit has demonstrated the operational efficiency of its davits during sea trials of the equipment on U.S. Navy fleet refueling vessels being built by General Dynamics NASSCO.The pair of high-specification PLRH-5000 rescue boat davits were subject to rigorous operational testing in the recent trials performed with USNS Robert F.