The UP World LNG Shipping Index, the world’s only stock index focused on LNG shipping companies, lost 0.28% last week. US stocks represented by the S&P 500 Index lost 1.22%. Uncertainty remains among shares of...

Dutch maritime consortium has received financial aid for the LNG-ZERO concept, an ambitious research project originally introduced by TNO, says an article published in Offshore Energy. LNG-ZERO research project LNG-ZERO is an ambitious research project, in addition to international carbon...

The largest-ever $3M fine involving Golden Ray is ‘definitely low,' reports wrdw quoting a conservation group. $3 million ship wreck fine  A $3 million environmental fine assessed in the Golden Ray ship wreck is the largest...

South Korean shipyard Samsung Heavy Industries (SHI) has received orders for three new LNG carriers that total $622 million (733.9 billion won), says an article published in Offshore Energy. About the contract and delivery The delivery...

Wärtsilä Voyage has entered into a strategic partnership with Microsoft to accelerate its efforts towards industrialising IoT for shipping through a highly scalable cyber-secure platform, reads the official website. Commercializing marine IoT Through an integration with...

The most natural choice for boilers is to fire them with the vessel’s primary fuel, but methanol’s low-flashpoint nature and the differences in its energy density require a new approach to the burner...

The world's largest wave energy converter test rig. With 7.2MW power the test rig can simulate waves from anywhere in the world. Disclaimer: This video is intended for informational purpose only. This may not be...

The US Centers for Disease Control and Prevention (CDC) issued a travel warning to Americans on Monday, citing COVID-19 concerns in France, Jordan, Portugal, and Tanzania as reported by Reuters. Travel alert The CDC has upgraded...

MAN Energy Solutions continuously develops the range of services for its portfolio of four-stroke engines. It enables its customers to exploit a multitude of synthetically manufactured, climate-neutral fuels in the operation of ships...

Container line Hapag-Lloyd said Monday that one of its vessels diverted to Ensenada, Mexico. It was to evacuate three crew members with COVID-19 to a hospital. A Freight Wave news source says that Hapag-Lloyd...