African leaders call for global action towards net zero, renewables in spotlight

The Government of Kenya and the African Union have proclaimed that climate change is the single greatest challenge facing humanity which demands urgent and concerted action from all nations to lower emissions and reduce the concentration of greenhouse gases in the atmosphere. Illustration; Archive; Courtesy of U.S. DOE During the inaugural Africa Climate Summit in …

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M.O.L.: Investment in Dutch company TouchWind, which develops next-generation floating offshore wind turbines

The tilting angled one-piece rotor wind turbine which is being developed by TouchWind is expected to reduce wind interference between wind turbines (*2) that tends to occur in large wind farms and improve overall wind farm power generation efficiency. In addition, its unique design enables the wind turbines to operate in strong winds, reduces the …

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Focusing On Hidden Details Can Save Charterers Huge Sums In Demurrage Costs, Says Voyager Portal

Charterers can save hundreds of thousands of dollars of unnecessary demurrage costs by drilling down to the detail – and acting on what they find, says Voyager, the operations and demurrage management platform for bulk commodity shipping. Two remarkable case studies demonstrate the value gained by customers using Voyager’s Statement of Facts (SoF) Parser and …

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UK: Shipping – A Year In Review

The lasting impact of the COVID-19 pandemic, ongoing geopolitical conflict, a challenging economic climate, and ever-growing environmental concerns have made 2023 a challenging year in the shipping industry. The legal landscape, much like the political one, has also seen many important changes since the end of 2022 including a commercial settlement in 2023, which permitted …

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WFW advises BPS on US$ 10m financing for Pimlico Shipping

Watson Farley & Williams (“WFW”) has advised Banca Popolare di Sondrio (“BPS”) on a US$ 10m ship finance loan granted to Malta’s Pimlico Shipping Limited (“Pimlico Shipping”), which is owned by Italian shipping company Fratelli Cosulich S.p.A. (“Fratelli Cosulich”). Notably, the loan cancels all the outstanding debt owed to BPR by Fratelli Cosulich’s subsidiary Vulcania …

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Repsol hires Golden Energy Offshore’s vessel for more work

Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured a new contract for one of its platform supply vessels (PSVs) with Repsol Norge, a subsidiary of Spain’s Repsol. PSV Energy Swan; Source: Golden Energy Golden Energy Offshore Services explains that the new deal for the PSV Energy Swan is in direct continuation of the current …

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Korean Register grants AiP for SHI’s ship cyber resilience tech

Classification society Korean Register (KR) has awarded an Approval in Principle (AIP) to Samsung Heavy Industries (SHI) for ‘design and test procedures for implementing cyber resilience of ship and onboard systems based on IACS UR E26 and E27. Korean Register The application of ICT technology to ships, e.g. smart ship solutions, etc., is expanding. Cyber …

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El crucero Seabourn Pursuit llega por primera vez al Puerto de València

El recinto valenciano se posiciona como destino de cruceros medianos de lujo por su oferta sostenible, diversificada y alejada de las masificaciones l crucero Seabourn Pursuit de la naviera Seabourn Cruise Line ha realizado hoy su primera escala en el Puerto de València. La responsable de Marketing y Cruceros de la Autoridad Portuaria de València (APV), Francesca Antonelli, ha …

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Un equipo científico de España y Portugal estudiará la abundancia de sardinas en aguas atlánticas de la península

Durante 14 días recorrerán las aguas entre Fisterra y Sines a bordo del buque Ramón Margalef del Instituto Español de Oceanografía Personal científico y técnico del Instituto Español de Oceanografía (IEO, CSIC) y el Instituto Portugués do Mar e da Atmosfera (IPMA) comienzan hoy, a bordo de buque Ramón Margalef, la campaña de investigación IBERAS …

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