Belgium based shipping company Exmar has taken delivery of the newly built dual-fuel liquefied petroleum gas (LPG) carrier Flanders Innovation from Jiangnan Shipyard in China.The 88,000-cubic-meter-capacity very large gas carrier (VLGC) is the first of two ordered by Exmar and is said to be the largest dual-fuel LPG carrier in the world.
Hempel announced an ambitious strategy to double its revenue by 2025, with a focus on innovation, digitalization and sustainability. Michael Hansen, EVP & Chief Commercial Officer and Dorthe Scherling Nielsen, Head of Sustainability & Government Affairs discuss the path ahead.The year 2020 defined by COVID-19 presented historic challenges for many industries
Defense, engineering and IT conglomerate Leidos announced on Friday it has completed its $380 million cash acquisition of marine engineering and naval architecture firm Gibbs & Cox.The deal, announced in February, will see Gibbs & Cox operate as a wholly-owned subsidiary combined with Leidos' maritime systems division.Headquartered in Arlington, Va.
Belgium-based Euronav has ordered two very large crude carriers (VLCC) from South Korean shipbuilder Hyundai Samho, with an option for a third.The fuel-efficient newbuilds will be liquefied natural gas (LNG)-ready, and Euronav said it is working in cooperation with the yard and classification society to include an Ammonia-ready notation with the potential to reduce CO2 emissions to zero when
A new cruise ship order placed at Meyer Werft this week marks the first since the start of the COVID-19 pandemic, the German shipbuilder said.The 229-meter, 51,950 GT cruise ship is scheduled for delivery in 2025 to Asuka Cruise, a joint venture between Japanese firms NYK Group and Anchor Ship Partners. It will be fueled by liquefied natural gas (LNG).
It is widely expected that cuts in defense and security budgets are coming as governments across the world grapple with the fiscal fallout from the COVID-19 crisis. To ensure that these cuts do not undermine global security, policymakers should approach their defense budgets with a scalpel, not a sledgehammer.
The 2021 Maritime Training Insights Database (MarTID) survey is about to be launched. This is a unique and pivotal time in maritime training. The pandemic has forced us to adapt our training and has accelerated training innovations. This year’s survey is uniquely important for its ability to help us learn from these unprecedented changes to training practices.
Finnish maritime technology firm Wärtsilä and Grieg Edge, the innovation hub of Norwegian shipping group Grieg Star, are working on a joint project to launch an ammonia-fuelled tanker producing no greenhouse gas emissions by 2024. With Norwegian government support worth 46.3 million NOK (4.4 million EUR), the partnership aims to build what will be the world's first green ammonia fuelled tanker.
Atlantic Shores Offshore Wind, the 50-50 joint venture between EDF Renewables North America and Shell New Energies US, has submitted its proposal to the New Jersey Board of Public Utilities to supply the state with up to 2,300 MW of renewable wind energy.New Jersey seeks to award between 1,200 MW and 2,400 MW of offshore wind energy projects as part of its second solicitation.
The future of shipping is here, and it will not surprise industry observers to see Norway in the pole position as autonomous vessels enter commercial operations. Norway has long been on the bleeding edge of shipping innovation. In 2015, the world’s first battery electric car ferry entered operation in Norway’s deepest and longest fjord, Sognefjord.
The U.S House of Representatives passed the Clean Economy Jobs and Innovation Act (H.R. 4447) aiming to reform U.S. energy policy and authorize significant investment in the transition to greater use of low-carbon energy.The legislation, which addresses a wide range of energy topics and initiatives, includes an amendment by Congressman John Garamendi (D-Calif.
The July/August edition of Marine Technology Reporter, the 15th Annual "MTR100", recognizes Graham Hawkes a subsea innovator, explorer, inventor and pusher of boundaries. A pioneer in the realm of ocean engineering, he’s designed and built more than 60 manned submersibles—everything from atmospheric dive suits to flying subs.