Kongsberg Maritime has secured a project to convert the double ended car ferry MF Hamlet to emission-free battery powered operation.The ferry, operated by Öresundlinjen, on the route between Helsingør, Denmark, and Helsingborg, Sweden, will see a major upgrade including installation of large battery packs and new permanent magnet motors for the azimuth thrusters.
Increasingly, maritime finance is tied to the environmental impact of the asset or project.Under Zero-Emission Accelerating Ship Finance (the Program), which is jointly operated by the Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the LNG-fueled car carrier OCEANUS HIGHWAY (IMO No. 1046049), owned by Kawasaki Kisen Kaisha, Ltd. ("K" LINE). DBJ provided financing to "K" LINE.
As the Trump Administration sweeps through its first month in office with a torrent of restructuring in government, it seems even Mickey Mouse is fair game. Cruise operators which service the dominant U.S. cruise market routinely so-called ‘flags of convenience’ outside of the U.S., a provision that allows them to avoid taxation.
Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have been developed to streamline the entire process, from anchor and mooring installation through to electrical cable pull-in, ensuring that turbines are ready to be connected to energy grids
Kongsberg Maritime delivered its 1,000th ship design - the IWS Seawalker, a windfarm service operation vessel (CSOV) and one of six ‘Skywalker Class’ UT5519 DE for IWS Fleet.In a naming ceremony in the port of Hanstholm, Denmark, the IWS Seawalker, becomes the third Skywalker Class vessel to be delivered, and is due to be deployed in the North Sea in the coming weeks.
STAX Engineering, based in Long Beach, California, has experienced significant growth since launching its innovative emissions capture and control technology earlier this year.Available as a land- or barge-based solution, the company’s mobile, flexible exhaust capture system is designed to fit all ships without modification
Kongsberg Maritime has secured $73.3 million contract from Fujian Mawei Shipbuilding in China to supply range of equipment for a new fleet of 10 platform supply vessels (PSVs) being built for Greek shipowner Capital Offshore.Under the contract, Kongsberg Maritime will supply all propulsion, automation, and energy systems for the 95-metre vessels of MMC 897 CD design.
Dutch firm KOTUG has received an order from Rotterdam-based sand handling and transport specialist, ROS, for the delivery of a fully electric pusher tug, the E-Pusher.The E-Pusher, model M, will be deployed in combination with barges provided by Jansma Shipping to establish an emission-free sand transport chain between the Maasvlakte and Rotterdam.
As Russia's war continues to rage in Ukraine and tensions hit a fever pitch in the Middle East, zooming out of the ship recycling markets, GMS sees geopolitical events taking centerstage across all shipping sectors (trading and recycling) for yet another week, with no end in sight.
Mitsui O.S.K. Lines (MOL) has signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services (CSSA).MOL made the agreement through its subsidiary MOL Energia.The vessels will be built by Hyundai Samho Heavy Industries in South Korea and are scheduled for delivery in 2026.
The developer of an innovative towboat engineered to run on hydrogen generator technology has signed a Design Basis Agreement (DBA) with the U.S. Coast Guard, helping to clear the regulatory path toward the vessel's eventual entry into service.The first-of-its-kind vessel, Hydrogen One, is being produced by Maritime Partners, the Metairie, La.
A resolution to end a dispute between Peru and China's Cosco Shipping could come as soon as this week to ensure a megaport will start operations as planned by the end of the year, Peru's Prime Minister Gustavo Adrianzen said on Thursday.The Peruvian port authority said in Marchit hoped to annul its decision granting exclusivity of the port's operations to Cosco, citing an "administrative error.