$35m Allocated for Hydrogen-Hybrid Vessel Project

UC San Diego receives $35M in state funding for new hydrogen-hybrid coastal research vessel the new vessel will be operated by Scripps Institution of Oceanography at UC San Diego California legislators have allocated UC...

Two Olympic Athletes Test Positive, Fear of Domino Effect

Sam Kendricks and Germán Chiaraviglio out of games Australia had confined the entire track and field team to their rooms Athletes fear domino effect as pole vaulters test positive for Covid says an article...

WinGD’s New Low-speed Engine Launched

The world’s first X52 low-speed engine with integrated Selective Catalytic Reduction (SCR) has been launched at Dalian Marine Diesel Engine. The six-cylinder two-stroke engine, with a maximum continuous output of 11,640 kW, will be...

Container Ship Charter Rates Surge To New Highs

Container ship chartering prices have reached new highs. Under the current "sky-high" freight rates, even a small ship may earn millions of dollars in one voyage. According to the data released by Harper Petersons,...

Why Methanol Is Gaining Traction Over Other Alternative Bunkers?

Methanol as a commercially and technically viable marine fuel is gaining greater traction over other alternative bunkers, including LNG, says an article published in MHW Magazine. Predicts cost fall Speaking at a virtual conference last week,...

SBM Offshore and Petrobras Ink 26-year FPSO Deal

SBM Offshore has signed contracts with Brazil’s Petrobras for the 26-year lease and operation of the Almirante Tamandaré FPSO, the Amsterdam-based company said Tuesday. A Recent News article from Xindemarine briefly explains this. Expected Delivery...

Employees Pressurized To Get Covid Jab

American workers are facing increasing pressure to get Covid-19 shots, reports CNN Health. Vaccine to get on to work Unvaccinated American workers are facing increasing pressure to get Covid-19 shots, as the country sees a dramatic...

India’s Crude Imports Drops 8-Month Low in June

India’s crude oil imports in June dropped to their lowest level in eight months as refiners cut down processing in the face of a tumultuous second wave of the coronavirus, says an article published...

MAN and ANDRITZ Agree On Green Hydrogen Production

MAN Energy Solutions and ANDRITZ Hydro have completed a strategic framework agreement to jointly develop international projects for the production of green hydrogen from hydropower, says a press release published on their website. About the...

Castor Maritime Inks $40.75m Term Loan

Nasdaq-listed Greek owner Castor Maritime has raised more funds to continue its rapid fleet expansion, which has seen the acquisition of twenty vessels this year, says an article published in Splash 247. Supporting companies growth The...