Hanwha Ocean teams up with Baker Hughes to develop ammonia turbine
Hanwha Ocean, one of South Korea’s largest shipyards, has partnered with America’s Baker Hughes to develop what it describes as a carbon-free ship propulsion system. The joint development aims to create an ammonia gas turbine capable of 100% ammonia combustion, with the flexibility to mix ammonia with natural gas as needed with the first ships […]
Wallenius SOL buys Mann Lines
Sweden’s Wallenius SOL has acquired British roro outfit Mann Lines adding new offices in Estonia, Latvia, and the UK, while increasing its presence in Finland, Germany, and Benelux. “This strategic move will enable us to offer a broader range of solutions tailored to customer needs. By combining our strengths, we will achieve increased precision and […]
K Line announces CEO succession plan
Changes are afoot at top management at Kawasaki Kisen Kaisha (K Line), one of the largest shipping lines in the world. The Tokyo-headquartered company revealed today that pursuant to a shareholder vote in March, Takenori Igarashi will become president and CEO replacing Yukikazu Myochin who will become chairman. Myochin has been in charge of K […]
Ultranav starts trial with behaviour change service to cut CO2 emissions
Danish shipping line Ultranav is launching a six-month trial with Signol – a behaviour change service designed to encourage fuel-saving practices among crewmembers. Used on 19 vessels across Ultranav, the trial with Signol is an additional initiative aimed at saving fuel and lowering emissions. Signol is a tech-enabled behaviour change service that helps shipping companies […]
MSC launches iReefer
Mediterranean Shipping Company (MSC), the world’s largest liner, has just launched iReefer, a container monitoring system for reefer cargo. This solution allows customers to track and monitor their temperature-controlled shipments in real time, from anywhere in the world. MSC offers three iReefer packages. The basic package, iReefer Essential, is free of charge and available today. […]
ONE debuts Boxlinks in the US
Japanese liner Ocean Network Express (ONE) has teamed with Korean logistics outfit LX Pantos to create Boxlinks, a joint venture providing end-to-end domestic intermodal transportation services in the US. Boxlinks will provide customised service to customers in the US, leveraging access to an expanded equipment pool. Customers can utilise containers through Boxlinks for their inland-to-coastal […]
Noble to shed cold-stacked drillship pair
Offshore drilling giant Noble Corporation has revealed plans to divest two cold-stacked drillships to eliminate costs related to these units. Noble said it would divest the 2014-built Pacific Meltem and 2011-built Pacific Scirocco rigs and prioritise resources on the existing marketed fleet. According to the rig owner, it will divest these units by retiring them […]
HICO backs Tidal Transit electric CTV newbuild series
UK crew transport vessel (CTV) owner and operator Tidal Transit has secured funding from HICO Investment Group, a Hartnoll family private investment business, to bolster its fleet with six new electric CTVs. The company headquartered on the North Norfolk coast said the latest move is a direct response to growing demand for zero-emission CTVs from […]
Choose your risk: short term disruption or long-term transition
Shipping markets have profited from turbulence in this decade, but far bigger changes are coming in the years ahead, argues Tim Smith, a director at Maritime Strategies International. As we approach the mid-point of this decade, from a shipping market fundamentals perspective the most important factor of the 2020s so far has been disruption. The […]
CORE POWER, Glosten introduce floating nuclear power plant to US ports
CORE POWER (US) has partnered with naval architecture and marine engineering firm Glosten to design a floating nuclear power plant (FNPP) aimed at supplying clean energy to ports across the United States. Developed by CORE POWER, the FNPP is a nearshore infrastructure system featuring a barge-based nuclear power plant, support services, electrical grid integration, and […]