CMES TO INSTALL SILVERSTREAM’S AIR LUBRICATION TECH ON FOUR LARGE LNG CARRIERS
UK’s cleantech company Silverstream Technologies has signed a deal with China Merchants Energy Shipping (CMES) to install its air lubrication technology on four 175,000cbm LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC).
The...
5 WAYS TO “MANIFEST” AN OCEAN FREIGHT EFFICIENCY PLAN
2023 is kicking off with grim forecasts about the world economy. Organizations across sectors are bracing for the expected decrease in global trade/demand. The search for new methods that will lead to greater efficiency...
ORSTED TO ACQUIRE PSEG’S EQUITY SHARE IN NJ OFFSHORE WIND FARM
Ørsted’s U.S. operations and New Jersey’s Public Service Enterprise Group (PSEG) announced a change in the ownership structure for one of the first offshore wind projects in the U.S. that is nearing completion of...
AUSTRALIAN ECONOMY SUFFERS FROM LACK OF PORT PRODUCTIVITY
Australian container ports are coming under further criticism for high levels of inefficiencies that according to a new government study are directly costing the economy a staggering A$600 million (US$412.7 million) annually and contributing...
NEXANS INKS RESERVATION AGREEMENT FOR EUROASIA INTERCONNECTOR
Nexans Norway has signed a reservation agreement for the HVDC cable systems for the Cyprus – Greece link of the EuroAsia Interconnector.
EuroAsia Interconnector is a multi-terminal high-voltage, direct current scheme which will comprise three...
SOUTH KOREA’S FIRST SMART, ELECTRIC SHIP BEGINS SERVICE
Hyundai Heavy Industries recently commissioned South Korea’s first large next-generation electric propulsion ship which incorporates smart technology. The unique vessel is dual-powered with the ability to operate either fully from its battery or an...
NEXANS AND SUPERGRID INSTITUTE COMPLETE TEST FOR 525 KV HVDC CABLE
Nexans and SuperGrid Institute have completed a transient overvoltage test (TOV) on a 525 kV DC cable system in accordance with new high-voltage direct current (HVDC) recommendations.
Using SuperGrid Institute‘s High Voltage testing facility, the...
HAVILA BANS ELECTRIC AND HYDROGEN VEHICLE TRANSPORT DUE TO FIRE DANGER
Havila Kystruten, which operates coastal passenger service in Norway aboard its fleet of newly built RoPax ships, is changing the rules for the transport of vehicles excluding electric, hybrid, and hydrogen vehicles due to...
EU PROJECT SEEKS TECHNOLOGY FOR SMARTER, MORE PRODUCTIVE SHIPBUILDING
A consortium of industrial companies and academic institutions launched on January 1 an EU-funded project that seeks to enhance the productivity of shipbuilding through a focus on computational tools. The consortium aims to create...
CARGILL ORDERS METHANOL-POWERED KAMSARMAX PAIR
Swiss freight trader Cargill has placed an order for two methanol-fuelled bulk carriers in Japan.
Namely, the company has teamed up with Mitsu & Co, and ordered a Kamsarmax duo from Japanese shipbuilder Tsuinesihi Shipbuilding.
The...