Yearly Archives: 2023

First On-Board Ammonia Cracking System Generating High-Purity Hydrogen

Maritime transport represents 2% of the global greenhouse gas emissions. Ammonia and methanol are the most promising carriers being explored for its decarbonization. ...

Panama Canal Drought Glencore Diverts Oil Tanker To South America

He High Loyalty commissioned by ST Shipping —a subsidiary of Glencore— is currently sailing around South America, according to shipping and vessel movement data compiled by...

Hanwha Ocean Clinches $498m Order For World’s Largest Ammonia Carriers

South Korean shipbuilding major Hanwha Ocean has secured an order worth KRW 656.2 billion (around $498 million) to construct four very large ammonia carriers...

China Tops Shipbuilding Market In 2022 With Over 50% Of The Global Share

As Korea, China, and Japan continue to compete in the world shipbuilding market, China took the lion’s share of large oceangoing vessel orders in...

Optimizing Ship Propulsion Efficiency Through Wärtsilä’s Innovative Solutions

Wärtsilä will supply EnergyFlow and EnergyProFin solutions for 10 tankers. These innovations reduce fuel consumption, emissions, and underwater noise. This aims to improve...

Green Technology Innovations In Offshore Industry: DNV’s Abate (Power+) Notation

The first semi submersible rig under DNV classification. DNV notation sets high emission reduction. Transocean's Strategies.  The first semi submersible rig under DNV classification...

Damen’s CF 3850 Hybrid: German Subsidy Fuels Sustainable Maritime Innovation

Recently, Damen’s customer Gerdes Green obtained a subsidy from the German government while working together with Cargill in an unprecedented move. Concerning Namkü directive in...

Raising Wages And Workforce Growth In South Korea’s Shipbuilding Industry

Wages at South Korea’s shipyard increases Samsung Heavy Industries expanded its workforce. Growth in wages at Hanwha Ocean. In the past year, wages at...

Logistics UK And Freightlink Unite For Ferry Bookings

Formerly known as the Freight Transport Association, Logistics UK has entered the ferry booking arena by partnering with ticket agent Freightlink. This recent 'affinity...

Naming Ceremony For Methanol Tankers Stena Provident, Stena Progressive

Proman Stena Bulk, a collaboration between Stena Bulk and methanol producer Proman, recently christened its last two methanol-fueled tankers, Stena Provident and Stena Progressive.  Ceremony...
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