Karpowership kicks off first floating LNG-to-power project in Indonesia

Turkey’s floating power plant company Karpower International (Karpowership) has begun operation on its first LNG-to-Power project offshore Indonesia. Karpowership said that the powership Zeynep Sultan began power generation using LNG on 20 September after the successful conversion of its first two dual-fuel engines. The LNG is converted from liquid to gas via a floating storage …

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Wilhelmsen, thyssenkrupp create 3D printing JV for maritime sector

Norway’s maritime industry group Wilhelmsen and Germany’s industrial and technology businesses conglomerate thyssenkrupp are establishing a 3D printing joint venture targeting the maritime industry. On 28 September, Wilhelmsen’s Marine Products division and thyssenkrupp signed a joint venture letter of intent (LOI) in an effort “to re-examine and optimize the production and delivery process of 3D …

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Container rates are on fire. How can you invest in that?

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU). Container shipping, declares a glowing new report by Fearnleys Securities, is “The Unsung Hero.” How can investors expose themselves to this historic trans-Pacific rate spike? Can box stocks woo tanker and bulker …

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Top Shipping Stocks for Q4 2020

The shipping industry includes companies that transport cargo around the world, all the way from grains to apparel to electronics to appliances. In spite of the term “shipping,” these companies often transport commodities and merchandise by air, sea, and on land by truck or train. They also provide storage and other logistics. Some of the …

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Indian containerised trade contracted by almost 30% in April-June: Maersk

The report adds that garments & apparels exports faced a great demand-shock from the western markets during a good part of the first half of the year. India’s exports are gaining momentum and showing signs of a V-shaped recovery, while imports remain subdued with an expectation of L-shaped recovery, Maersk, the world’s number one container …

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As European Parliament Orders Cut in Maritime Emissions, Are Eco-Ships the Answer?

Ships travelling around the globe produce 940 million tonnes of carbon dioxide every year – 13 percent of all transport emissions. So what plans do shipping companies have to reduce those emissions? The European Parliament voted last week for ships to be required by law to cut their carbon emissions. MEPs set shipping companies a …

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KONGSBERG awarded contract for mobile communication satellite.

KONGSBERG has developed world-class signal processing equipment that provides improved mobile coverage in areas with insufficient ground network. The equipment is to be integrated in Airbus Defence and Space’s new mobile communication satellite, Thuraya 4-NGS. The agreement includes manufacturing and test of electronics from Kongsberg Defence & Aerospace, division Space & Surveillance in Horten, Norway. …

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Industria del arándano en Chile despachó 179 toneladas entre julio y septiembre de 2020

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

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Puerto Valparaíso: Surgen críticas tras el término de la concesión del VTP

La política que en el presente documento se indica, tiene por objeto informar a los usuarios de MundoMaritimo sobre el proceder de nuestra empresa respecto del tratamiento de los datos de carácter personal recogidos a través de nuestros portales. 1 | Recolección: Cuando Usted requiere los servicios de MundoMaritimo, se recoge información personal como su …

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