Introduction. Looking back at history one could argue that it was French author Jules Verne in his book “20,000 Leagues Under the Sea”, published in 1869, who was speculating about a new power source much in the same out of the box thinking that H.G. Wells employed when he wrote about inter-planetary flight in “War of the World’s.
Wind propulsion specialist bound4blue has completed the first installation under its agreement with Maersk Tankers, fitting four 24-meter eSAIL suction sails on the medium-range tanker Maersk Trieste as part of a wider fleet retrofit program.The installation marks the first phase of a contract agreed in December 2024 covering 20 eSAIL units across five Maersk Tankers MR vessels
IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea.IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea.
As a result of a major White House office wake-up call or Executive Order 14269 determining it is time to start building ships again, Washington DC announced America’s maritime industry has been “dangerously declining” and with that decline we have allowed China to become the dominant force in global shipbuilding.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
The Middle East war is giving fresh momentum to Europe's push for energy independence andbolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday.Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.
French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil and gas exploration in its overseas territories "anachronistic" during a debate in the country's Senate on Thursday.In a world first, France banned new oil and gas exploration and production licenses in 2017, hoping other nations would follow suit.
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.
Allseas’ small modular reactor (SMR) technology could generate up to $150 million billion in economic value for the Netherlands and create as many as 40,000 new jobs by 2050, according to an impact study released on Monday by the offshore engineering group.The study, conducted by consultancy Roland Berger
German propulsion specialist Schottel has established a new subsidiary in the United Kingdom to strengthen its market presence in Britain and Ireland and expand customer support.Schottel UK will primarily focus on newbuild and retrofit sales, aiming to provide on-site support and tailored assistance for designers, builders and owners throughout the specification and procurement process.
SCHOTTEL GmbH announced the appointment of Holger Trecksel as Managing Director of its subsidiary SCHOTTEL Far East, effective July 1, 2025. He succeeds Joachim Schein, who has played a pivotal role in the company’s development and success over the past two decades.Holger Trecksel brings 23 years of experience in the maritime industry to his new role.
With the 500th tug designed by Robert Allan and equipped with SCHOTTEL propulsion systems, the Canadian naval architect and German propulsion specialist companies have now reached a very special milestone in their long-standing partnership.Tug number 500 is one of a pair for KOTUG Canada, which are currently being built at Turkish Sanmar shipyards.