The technology group Wärtsilä is to supply a newly updated propulsion control system as well as its advanced alarm and control system, the Nacos PCS/MCS Platinum, for Maersk Tankers’ six 110 DWT LR2 new buildings. The order with Wärtsilä was booked in the first quarter of 2018. The Wärtsilä Nacos Platinum automation package is a…
Genco Shipping & Trading Limited (“Genco” or the “Company”) announced that it has taken delivery of the Genco Defender and the Genco Liberty, two 2016-built 180,000 dwt Capesize vessels, as well as the Genco Columbia, a 2016-built 60,000 dwt Ultramax vessel in September 2018. These deliveries complete the two vessel acquisitions that Genco announced in…
During the 4th Eastern Economic Forum (EEF), PAO Sovcomflot (SCF Group) signed a set of agreements with Rosneft, Zvezda Shipbuilding Complex and VEB Group, placing orders with Zvezda for a series of two next generation large-capacity Aframax tankers. VEB-Leasing will finance the construction of the tankers, whilst a subsequent 20-year time-charter for them has been…
The 15,000 TEU ship “Al Jmeliyah” was officially christened in Rotterdam. Naming patron is Inge Sijbesma, the wife of Feike Sijbesma, CEO of the corporation DSM – one of Hapag-Lloyd’s biggest customers in the Netherlands. The name “Al Jmeliyah” is Arabic for “the beautiful one.” With its ten sister vessels, the “Al Jmeliyah” numbers among…
Mitsui O.S.K. Lines, Ltd. (MOL) announced that on 11 September, a naming ceremony for an ice-breaking LNG carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME). The Vessel Will Serve in the World’s First Ice-Breaking LNG Carrier…
LLC Shipbuilding Complex Zvezda and Samsung Heavy Industries Co. Ltd. (the Republic of Korea) signed an agreement in the framework of the IV Eastern Economic Forum setting the conditions for establishment of a joint venture in order to organize an efficient project management system for construction of shuttle tankers at Zvezda Shipbuilding Complex with a…
INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, announced availability of Antillean Marine on its carrier network, highlighting the increased adoption of INTTRA by regional carriers. INTTRA announced Antillean joined its network in March and is announcing that the carrier completed integration and is now availablefor…
The decarbonization of the energy mix will be reflected in investment trends with money spent on renewables set to triple by 2050. Conversely, fossil fuel spending will drop by around a third. Overall, the rate of energy expenditure will slow to such a degree that by mid-century, as a percentage of GDP, the world will…
LONDON, United Kingdom – 10 September 2018 – Rapid electrification of energy demand and the rise of energy from wind and solar sources will lead to massive growth of the world’s electricity transmission and distribution systems. This is one of the main conclusions of DNV GL’s Energy Transition Outlook 2018: Power Supply and Use report,…
HAMBURG, Germany – 18 September 2018 – DNV GL, the world’s largest resource of independent energy experts and certification body, has published the revised standard for design of floating wind turbine structures DNV GL-ST-0119, and a new guideline for the certification of floating wind turbines, DNVGL-SE-0422. Together, the two documents define design and certification requirements…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More
