Aimed at creating a stronger network of companies within USTC, the conglomerate looks to play an increasingly important role towards supporting the entities. Drawing on the positive experiences of cross-organisational synergies when building a back-office Group function of HR and Communications in 2021, it is the continuation of this labour that is going to create …
The transportation of hydrogen, a key fuel of the energy transition in maritime, is another step closer to supporting projected market demands thanks to newly published industry-leading requirements from ABS. The ABS Requirements for Liquefied Hydrogen Carriers address safety and technical standards for vessels carrying liquefied hydrogen, expanding on the corresponding IMO Resolution MSC.420(97) that …
ABS Publishes Industry-Leading Requirements for Liquid Hydrogen Carriers Read More »
OMT, the market leader in fuel injection for the two-stroke engine sector, has strengthened its ability to support shipping’s decarbonization following the acquisition of the company in its entirety by Accelleron, completed on July 20, 2023. OMT will continue to operate its global business independently as a stand-alone unit, retaining all employees, the company structure …
OMT to strengthen contribution to the decarbonization of the shipping industry Read More »
BIO-UV Group has received a major order to supply its innovative BIO-SEA ballast water treatment system to a pair of drill ships scheduled to enter the undisclosed operator’s fleet of modern, high-specification vessels and rigs. A modular version from the BIO-SEA B-Series, combining mechanical filtration and UV disinfection, has been ordered by a United Arab …
The first phase of UK construction has been completed for the first-ever energy link between the UK and Germany, keeping the project on track. Source: NeuConnect The construction milestone comes as NeuConnect Chair Julia Prescot joined the signing of a new UK-Germany Joint Declaration of Cooperation on Energy and Climate today, October 3, by UK Secretary of …
Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Image credit: Maersk Despite these challenges, Maersk affirmed its full-year guidance …
Maersk reveals 10,000 job cuts amidst profit plunge and industry’s ‘new normal’ Read More »
China Petroleum & Chemical Corporation (Sinopec) has revealed that the world’s largest LNG storage tank was put into operation at its Qingdao LNG receiving terminal in China. Courtesy of Sinopec The construction of the tank with a storage capacity of 270,000 cubic meters began in early 2022 and it was put into service on November 2, 2023. …
Sinopec puts world’s largest LNG storage tank into operation Read More »
South Korean shipping line HMM has concluded time charter contracts for four bulk carrier newbuildings. HMM Nuri; Image credit HMM The charter deal is worth around $954.2 million with an undisclosed company and is set to start from 2026 to 2042. The contract marks a significant move in the company’s expansion strategy into the bulker …
Alcatel Submarine Networks (ASN), part of Nokia, has delivered subsea control cable infrastructure for an Equinor-operated field recently brought on stream. Source: Equinor ASN has supplied, installed, and pre-commissioned DC/FO subsea control cable infrastructure, which provides high electrical power and fiber connectivity to subsea production systems, for the Breidablikk development. Equinor has subsequently integrated the …
Nokia firm delivers subsea tech for Equinor’s oil project Read More »
Un centro de investigación independiente canadiense, el Clear Seas Centre for Responsible Marine Shipping, ha publicado recientemente un artículo acerca de las ventajas del transporte marítimo de corta distancia (TMCD) frente a otros modos de transporte de mercancías y su desarrollo actual en Canadá y Estados Unidos. Dicho artículo destaca la capacidad del TMCD para …
Clear Seas defiende las ventajas del TMCD frente a otros modos de transporte Read More »
