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ABS rolls out industry 1st simulation decarbonization service

In an industry first, classification society ABS has launched a service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization...

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World’s 1st LNG-fueled VLCC wraps up sea trials

Dalian Shipbuilding (DSCI), a subsidiary of China State Shipbuilding Corporation, said the world’s first LNG-fueled very large crude carrier (VLCC) has completed its sea trials in Chinese waters. The...

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Industry bodies want better standards for dangerous goods transport, storage

The International Cargo Handling Coordination Association and the International Vessel Operators Dangerous Goods Association (IVODGA) have signed a memorandum of understanding (MoU) to tackle safety...

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Brazil’s CBO buys rival player Finarge in $94 million deal

Brazil's CBO closed the acquisition of compatriot rival Finarge, acquiring five AHTS vessels in the transaction. The post Brazil’s CBO buys rival player Finarge in $94 million deal appeared first on...

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CMA CGM invests in Brittany Ferries to support its post-Covid recovery

France's shipping giant CMA CGM has agreed to make a €25 million (US$29.5 million) investment in compatriot Brittany Ferries, including €10 million (US$11.8 million) in quasi-equity to support the...

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Carnival Corporation wants to build zero-emission ships by 2050

Carnival Corporation, the world's largest cruise company, confirmed its aspirations to build zero-emission ships by 2050 that will be operated globally by its nine cruise line brands. The post Carnival...

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Maersk CEO demands end date for fossil fuel use in shipping

Søren Skou, CEO of the world's biggest container shipping company Maersk, has called on the UN maritime body to determine the end date for the use of fossil fuels in the shipping industry. The post...

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SFL offloads seven handysizes in fleet renewal push

Bermuda-based ship owner and charterer SFL Corporation has revealed that it will sell its seven handysize dry bulk vessels to an unnamed Asian buyer for approximately $100 million. The post SFL...

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BP, NYK Line to work together to decarbonise shipping, other sectors

British oil and gas company bp and Japanese shipping major NYK Line have signed a memorandum of understanding (MOU) to collaborate on future fuels and transportation solutions to help industrial...

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Hyundai Heavy orders GTT tank design for 3 new LNG carriers

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered tank design for three new LNG carriers from French containment specialist GTT. The post Hyundai Heavy orders GTT tank design for 3 new...

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DFDS targets Eastern Europe with ICT Logistics acquisition

Danish ferry and logistics company DFDS continues to grow its logistics portfolio as it acquired compatriot freight forwarder ICT Logistics. The post DFDS targets Eastern Europe with ICT Logistics...

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Wärtsilä reliquefaction tech picked for 3 new Knutsen LNG carriers

Finnish technology group Wärtsilä’s Compact Reliq reliquefaction plant will be installed on three new LNG carriers built for Norway-based Knutsen OAS Shipping. The post Wärtsilä reliquefaction tech...

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DSME wins order for 4 LNG carriers

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for four liquefied natural gas (LNG) carriers, exceeding its 2021 order target. The post DSME wins...

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Hurtigruten names new battery-hybrid powered ship

Hurtigruten Expedition’s new battery-hybrid powered ship MS Fridtjof Nansen was named during a ceremony in Longyearbyen. The post Hurtigruten names new battery-hybrid powered ship appeared first on...

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Sea Machines’ tugboat embarks on 1st autonomous, remotely controlled trip

Boston-based developer of autonomous vessel software and systems Sea Machines has revealed that it will send an autonomous, remotely commanded tugboat on a 1,000 nautical mile voyage around Denmark....

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Maersk acquires Portuguese logistics startup

Danish shipping giant A.P. Moller – Maersk has acquired HUUB, a Portuguese cloud-based logistics startup. The post Maersk acquires Portuguese logistics startup appeared first on Offshore Energy.

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Consortium to develop green H2 production barge concept for harbor use

UK consortium has been awarded a research and development (R&D) project to develop a green hydrogen production barge under the Clean Maritime Demonstration Competition (CMDC). The post Consortium...

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DP World to invest $415 million in new fourth berth at London Gateway

Dubai-based port operator DP World has revealed that it will begin work next month on a new fourth berth at its London Gateway logistics hub. The post DP World to invest $415 million in new fourth...

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DSME develops onboard CCS technology

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has developed a technology that can collect and store carbon dioxide generated during ship operations. The post DSME...

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Samsung Heavy inks order for six LNG-fuelled boxships

South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a contract for the construction of six LNG-powered containerships. The post Samsung Heavy inks order for six LNG-fuelled boxships...

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