DAI AND FREEPAN PEN 10-YEAR GREEN AMMONIA PURCHASE DEAL

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DAI Infrastructure GmbH and Freepan Holdings Corp have entered a ten-year green ammonia purchase agreement. The companies signed a Memorandum of Understanding (MoU) according to which Freepan will offtake 800 000 TPA of green ammonia. According...

FINNISH PARTNERS DEVELOPING TECHNOLOGY FOR ONBOARD HYDROGEN PRODUCTION FROM LNG

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Finnish technology group Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned compatriot company specialising in the development of technology for producing clean hydrogen and solid carbon from methane. Under...

URGENT NEED FOR CHANGE IN SHIP RECYCLING SECTOR: 80% OF SHIPS SCRAPPED ON SOUTH...

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A total of 443 ocean-going commercial ships and offshore units were sold for scrapping in 2022, data from NGO Shipbreaking Platform shows. Of these, 292 large tankers, bulkers, floating platforms, cargo- and passenger ships ended...

OVER 100 WOMEN HAVE JOINED IMO & WISTA INTERNATIONAL SPEAKERS BUREAU

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In less than a month, more than one hundred women leaders have registered as speakers on the new Maritime Speakers Bureau platform. The platform was launched by the International Maritime Organization (IMO) and Women's...

GLOBAL WAVE AND TIDAL ENERGY MARKET POISED TO REACH $10 BLN BY 2031, REPORT...

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Global wave and tidal energy market was valued at $477.81 million in 2022 and is projected to generate a revenue of around $10 billion by 2031 at a compound annual growth rate (CAGR) of...

WUHU SHIPYARD KICKS OFF CONSTRUCTION OF SAL HEAVY’S METHANOL-READY NEWBUILDS

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China’s Wuhu Shipyard has launched construction on SAL Heavy Lift’s first two carbon-neutral heavy lift ships, the shipbuilder revealed. The two 14,600 dwt vessels form part of a fleet of a total of six Orca-class...

VIKING ACQUIRES HYDROPEN™ CONTAINER FIREFIGHTING SYSTEM

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The acquisition fully integrates container fire-fighting innovation into VIKING’s one-stop portfolio of maritime safety solutions. VIKING Life-Saving Equipment has acquired HydroPen, the company behind the unique HydroPenTM container firefighting solution supplied to hundreds of ships. HydroPens...

MSC TAKES DELIVERY OF THE WORLD’S BIGGEST ULTRA LARGE CONTAINER SHIP

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Mediterranean Shipping Company (MSC) took delivery of its second ultra large container ship, and this time it is the world’s largest by carry capacity at 24,346 TEU. The carrier took delivery on two of...

GREEN AMMONIA FPSO TO BE POWERED BY GREENLAND’S FIRST WIND FARM

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Norwegian startup company H2Carrier which looks to use floating production concepts similar to the oil and gas sector to produce green ammonia announced plans to deploy its first vessel powered by Greenland’s first commercial...

U.S. AND CANADIAN COAST GUARD FREE SHIPS TRAPPED IN ICE

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Days after announcing that they had begun the annual ice patrols and efforts to break the ice on parts of the Great Lakes and shipping lanes, the U.S. and Canadian Coast Guard reports they...

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