ZF is recognized by its customers as an outstanding and reliable partner for marine propulsion components, complete systems for all type of vessels as well as industrial gearboxes. Customers include shipyards, ship owners, operators of workboats or commercial vessels, heavy equipment manufacturers as well as engine manufacturers worldwide. The wide product range, combined with a …
Abu Dhabi National Oil Company (ADNOC) and US energy tech major Baker Hughes have signed an agreement to accelerate the development and commercialisation of technology solutions for green and low-carbon hydrogen, as well as graphene. Courtesy of ADNOC ADNOC said it will collaborate with Baker Hughes as a strategic partner to study and pilot the …
ADNOC and Baker Hughes partner up for hydrogen technology solutions Read More »
Offshore drilling contractor Transocean has secured a new contract with an undisclosed operator in Australia for a semi-submersible rig, which has been in idle mode since October 2022, when the rig finished its assignment with Equinor in Norway. Transocean Equinox rig; Source: Transocean Transocean reported on Wednesday, 10 May 2023, that a “major” operator in Australia …
‘Major’ operator books Transocean’s idle rig for work off Australia Read More »
Van Oord’s brand-new trailing suction hopper dredgers Vox Ariane and Vox Apolonia recently joined forces to protect the Dutch coast. Photo courtesy of Van Oord Last week, a unique situation occurred off the coast of Zeeland, where Van Oord’s two newest identical vessels Vox Ariane and Vox Apolonia – both powered by the sustainable fuel …
Van Oord’s LNG-powered vessels join forces to protect the Dutch coast Read More »
Swedish technical solutions group Addtech has entered into an agreement to acquire 90 per cent of the shares outstanding in UK subsea solutions supplier Feritech Global. The Feritech Innovation Centre. Source: Feritech Feritech is headquartered in Cornwall, UK, and provides the design and manufacture of bespoke technical solutions for the geotechnical subsea sector. The company, …
Swedish group buys into UK subsea solutions supplier Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, aided by higher rates for capesize and supramax vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 40 points, or 2.6%, to its highest in eight weeks at 1,598. …
Baltic index rises on strong capesize, supramax demand Read More »
Shippers — often called beneficial cargo owners or BCOs — are eager to outsource their supply chain and logistics technology operations. These enterprises that count the movement of goods as central to their operations have multimillion-dollar digital transformation budgets that are growing at double-digit percentages. Vendors specific to logistics technology, as well as those providing …
In 2021 two tiltable Norsepower rotor sails, certified by DNV, were retrofitted on board SC Connector, a Sea-Cargo Ro-Ro vessel operating in the North Sea. Captain Artur Sylwestrzak gives a compelling account of the before and after. Capt. Artur Sylwestrzak, Captain SC Connector Captain Artur Sylwestrzak graduated from the Maritime University in Gdynia, Poland. A …
Always on schedule with rotor sails – a captain tells his story Read More »
Tidewater Inc. announced revenue for the three months ended March 31, 2023 of $193.1 million compared with $105.7 million for the three months ended March 31, 2022. Tidewater’s net income for the three months ended March 31, 2023, were $10.7 million ($0.21 per common share) compared with a net loss of $12.2 million ($0.29 per …
GoodBulk Ltd., a leading owner and operator of dry bulk vessels, announces its financial results for the first quarter of 2023. Highlights •On 28 February 2023 the Board of Directors authorized the payment to Shareholders of $2.25 per share ($60.9 million) as dividend which was paid out on 3 April; furthermore, on 8 May 2023 …
Goodbulk Ltd. Spot Employment Outperforms The Capesize Market Read More »
