2020 State of the Cruise Industry Outlook report has been released by the largest cruise industry trade organization of the world, Cruise Lines International Association (CLIA). According to the report, in 2018, 1,177,000 jobs have been provided by the cruise industry which amounts to $50.24 billion in wages and salaries and $150 billion in total…
MV Swift was launched on the 11th of December on Windermere waters in the Lake District National Park, England. The Shipyards is being built by Damen Shipyards Group for Windermere Lake Cruises through the Damen Technical Cooperation (DTC). This vessel measures to 34 metres which is little shorter than the other vessels like MV Swan…
Group of unique carriers that make use of NYSHEX has been joined by ONE so as to provide it’s customers with the ability to enter contracts that are digital and mutually enforceable. More than 60% of the world’s capacity is presented by the leading 7 global ocean carriers on NYSHEX. The three container shipping alliances…
Semtech Corporation, Wilhelmsen and The Things Industries (TTI) have entered into a partnership to leverage devices that help in providing cost effective, robust and proven IoT solutions to the maritime sector to Semtech’s LoRa®. Wilhelmsen that was founded in 1861, is a global maritime industry group. It has partnered with TTI and Semtech’s LoRa devices…
The Excellence in Supply Chain Management and Innovation award was won by Blockchain and BunkerTrace which is a DNA-based fuels tracking system at the Lloyd’s List Europe Awards on Tuesday night. This award recognizes the company that uses its technology for providing the best services to its customers both in the land and sea supply…
A Guide for Fuel Cell Power Systems for Marine and Offshore Applications has been published by ABS. It will help in the design, evaluation, and construction of fuel cell systems on vessels and offshore assets. “As technology evolves and regulators challenge shipping to decarbonize, fuel cells are increasingly seen as having an important role to…
At the United Nations Climate Change Conference (COP 25) which was held at Madrid, the International Chamber of Shipping (ICS) represented the association of national shipowners of the world and more than 80 percent of the world merchant fleet. “ICS is acutely aware of the urgent need for all economic activities, including international shipping, to…
SAL Heavy Lift has become the world’s first shipping company that has taken up a new hydrogen/methanol technology to its fleet. FUELSAVE GmbH developed injection technology, not only reduces the emission of CO2, SOx, NOx and other particles but also makes way for more eco-friendly and energy efficient shipping. The new and advanced FS MARINE+…
Mitsui O.S.K. Lines, Ltd. (MOL) announced that two ‘EeneX’ next-generation coal carriers have been ordered from Oshima Shipbuilding Co., Ltd. The EeneX series was created as a proper coal carrier for electric power companies in Japan. These two vessels that have been ordered by MOL will operate under contracts with Electric Power Development Co., Ltd….
Corvus Energy announced that it will get a fund of about $6 million from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) that supports a research and development project for the creation of technology for energy storage and digitalization for marine containers. This multi-year R&D project will be done in the…
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