French company Sabella has formed strategic partnership with state-owned Indonesian corporation PT PLN (Persero) and PT Meindo Elang Indah to jointly perform a feasibility study for the first tidal energy farm development in the world’s largest archipelagic state. Illustration/Sabella’s D10 tidal turbine (Courtesy of Sabella) The cooperation document, signed on September 22, 2022, is expected to …
The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, fell for a third straight session on Wednesday as a dip in capesize rates outweighed gains in panamax and supramax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 8 points, or …
Baltic index falls for third day as capesize rates slip Read More »
Decarbonisation in the marine industry will not happen overnight, but Wärtsilä’s Zero Emission Marine (ZEM) initiative is actively working to speed up the move to clean energy. “Going green in all marine segments at once is not going to happen,” says Kenneth Widell, Senior Project Manager, Sustainable Fuels & Decarbonisation at Wärtsilä. “When we manage …
How Wärtsilä is leading the marine ecosystem towards zero emissions Read More »
Digitalisation is at the helm of shipping’s voyage towards decarbonisation and, on World Maritime Day, IEC Telecom welcomes the international focus on technology’s role in enabling the industry to meet its green goals. Today’s World Maritime Day theme, ‘New technologies for greener shipping’, highlights the role of innovation in supporting maritime’s green transition to a …
Digitalisation has a central role in meeting green shipping goals Read More »
As World Maritime Day embraces the role of technology in helping shipping to achieve its green goals, ship manager association InterManager emphasises the importance of keeping seafarers in mind when implementing digital solutions and new ways of working at sea. Captain Kuba Szymanski, InterManager Secretary General, commented: “The maritime community is right to embrace new …
Keep seafarers in mind when developing shipping technology says InterManager Read More »
The latest installations of wind propulsion technology on large commercial vessels have tipped the amount of cargo that can be transported on vessels that make use of wind as a renewable energy source over the one million tonnes of deadweight (DWT) milestone. The timing of wind-powered ship propulsion passing this pivotal milestone comes in the …
Wind-powered cargo capacity surpasses one million DWT Read More »
Brazil’s oil and gas company Petrobras has signed a contract with Keppel Shipyard for the construction of the P-83 FPSO, as a result of the advancement of the Búzios field development project, in the Santos Basin pre-salt area off Brazil. As detailed by Petrobras in a statement on Wednesday, the P-83 will be able to …
Keppel scores $2.8 bln worth FPSO order with Petrobras Read More »
Illustration/Moscow Maersk; Image credit: Maersk Converting containership vessels to alternative fuels is technically and economically feasible, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping said citing findings of a new report. As the industry moves to decarbonize its fleet, numerous questions remain to be answered on the best pathways for shipowners given the uncertainty in relation …
Converting boxships to methanol & ammonia is feasible and cost-effective, report says Read More »
Following reports about increased drone activity close to offshore installations on the Norwegian Continental Shelf (NCS), the Norwegian Government has decided to heighten the emergency preparedness in relation to onshore and offshore installations on the shelf. In a statement on Tuesday, Terje Aasland, the Norwegian Minister of Petroleum and Energy, commented: “There has been close …
Norwegian govt tightening security around oil and gas installations Read More »
Image credit: ClassNK An ammonia bunkering vessel (ABV) developed by Nippon Yusen Kabushiki Kaisha (NYK Line) has won approval from the Japanese classification society ClassNK. The company has developed its own design drawings, and introduced a method of creating 3D models linked to the drawings at an early stage of the concept design. This is …
NYK’s ammonia bunkering vessel wins green light from ClassNK Read More »
