Danish shipping group Maersk has agreed to join a study by maritime services firm Lloyd's Register (LR) and UK-based Core Power, that will assess the potential for nuclear-powered container shipping in Europe, LR said on Thursday.The maritime industry has been exploring whether nuclear fuel can be used to power commercial ships as technological advancements have opened up such options
Danish shipping group A.P. Moller - Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, which will operate under the name of Berlin Mærsk.The naming event took place on June 18, at Hyundai Heavy Industries’ (HHI) yard in Ulsan, South Korea.
“Shipping is a people business”, so the saying goes. Jim Lawrence, who passed away at the beginning of June, truly embodied that. Certainly, he was a great participant at maritime events. When not up on the podium serving as the moderator, he would be walking around, shaking hands, talking about a particular transaction or development (and, sometimes, the intrigue behind it)
Europea Servizi Terminalistici (EST), a subsidiary of the Italian Shipping & Logistics Agency (ISLA), has ordered a new hybrid drive Konecranes Gottwald ESP.8 Mobile Harbor Crane for the Port of Augusta in Sicily.The order was booked in the first quarter of 2025, with delivery and commissioning expected by the end of summer.
Russia's seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand, LSEG and market sources data show.The U.S. Treasury announced sweeping new sanctions against the Russian energy sector on Jan.
ECOsubsea launched its Ultra High Efficiency Hull Cleaning Service (UHEHCS) in Singapore, introducing its new ROV. According to the company, tests showed the ROV operates 10 times faster than conventional cleaning methods. "We cleaned a fully laden capesize vessel, with an 18-m draft, in just four hours," said ECOsubsea CEO Tor Østervold.
Norway-based technology group Nekkar has entered into an agreement to acquire the majority of the maritime connectivity and digital service provider Globetech.Globetech provides ICT (information and communication technology) infrastructure, connectivity and support services to the global maritime sector.
MITSUI E&S has announced the beginning of the test phase for the world’s first commercial, two-stroke, dual-fuel ammonia engine. The MAN B&W 7S60ME-LGIA (-Liquid Gas Injection Ammonia) Mk 10.5 prototype engine began its ammonia fuel test-run at MITSUI E&S’s Tamano Factory in Japan.
MAN Energy Solutions has reported that its ME-LGIA (Liquid Gas Injection Ammonia) engine, currently undergoing testing at its Research Centre Copenhagen facility, has run at 100% engine load for the first time.Ole Pyndt Hansen, Head of Two-Stroke Research & Development, MAN Energy Solutions
Deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 billion ($12.8 billion) in 2023, 94% of which were invoiced by Norwegian suppliers.The details were conveyed in a report prepared by Kunnskapsparken Bodø (KPB) which analyzed actual purchases of goods and services for Equinor-operated fields
Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore the UK and the Netherlands, scheduled to run from February to April 2025.Shelf Drilling 300-ft jackup Harvey H.