Latest News – Page 58
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NewsInvestment fund acquires RINA minority stake
RINA brings Fondo Italiano d’Investimento on board to help the multinational grow its business internationally
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NewsFincantieri signs MoU with underwater vehicle developer
Fincantieri has signed a Memorandum of Understanding (MoU) with an Italian underwater vehicle designer and supplier, C.A.B.I. Cattaneo (CABI), to cooperate in the potential development of underwater vehicles and their integration with larger vessels for civil applications.
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NewsAll-Electric Boxship For Yangtze Route
In a seminal development for China’s expansive inland shipping sector, a battery-electric container vessel is set to be commissioned during the autumn on the Yangtze River. The 700TEU newbuild was launched on July 26 at the premises of COSCO Shipping Heavy Industry(Yangzhou), where the second-of-class was laid down in May.
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NewsChinese Investment In Open-Top Feeders
Tailored to China’s domestic and feeder trade between inland and coastal ports, a new generation of container ships in the 1,000 TEU category has been ordered from Taizhou Jianxing Heavy Industry.
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NewsCorvus announces leadership change
Corvus Energy has announced that Geir Bjørkeli has decided to pursue other opportunities and will leave his role as Chief Executive Officer before the end of 2023.
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NewsNorden takes stake in biofuel developer
Tanker operator Norden has acquired a minority stake in a biofuel developer, with the intention of helping the renewable fuel producer to bring its biofuel to the maritime market.
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NewsGerman Short-Sea Investment
German short-sea specialist Vega Reederei has placed an order for a series of ten diesel-electric multi-purpose cargo vessels.. The vessels will be built by Sinomach Group to a design developed by Conoship International of Groningen.
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NewsStep Change For UK Shipbuilding?
An initiative to help stimulate orders for UK-built vessels has been launched by the UK Government. The Shipbuilding Credit Guarantee Scheme (SCGS) is designed to help owners or operators access finance for newbuild contracts and also for upgrade projects undertaken at UK yards, whereby the government will act as guarantor for lenders.
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NewsDamen in Turkish combi freighter deal
Damen is to supply the Feyz Group with three new combi freighters in its first ever Turkish newbuild deal
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NewsYanmar launches PEM FC solution
Yanmar Power, a subsidiary of Yanmar, has announced that it has added hydrogen fuel-cell systems to its product portfolio, making fuel cell systems commercially available from 1 August.
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News1MW Scale SWRI Tests Reveal Positive H2 Results
Researchers from Texas-based Southwest Research Institute studied the effects of introducing hydrogen on a diesel engine that had not been optimised for its use and found no short-term noticeable change in engine operation.
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NewsNew Chapter In Vehicle Carrier Evolution
Testament to the reach and resolve of the Japanese shipping industry, the essential trading tool of the world’s third largest economy, the NYK Group has taken delivery of the initial vessels in a major programme of LNG-fuelled pure car/truck carrier (PCTC) construction.
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NewsDoes seaborne thermal coal’s future depend upon CCUS or NH3 co-firing?
Rumours of seaborne coal’s demise have been greatly exaggerated, to paraphrase Mark Twain, but shipowners should eye proposed restrictions on new projects in Asia.
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NewsDMC wins LPD steering equipment deal
Wärtsilä has awarded Damen Marine Components a contract to provide steering equipment to two landing platform docks of the Chilean Navy
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NewsPort of Rotterdam green methanol offtake agreement
X Press Feeders has agreed an offtake agreement with OCI Global’s subsidiary OCI Hyfuels to supply green methanol from the Port of Rotterdam from 2024.
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NewsFirst methanol fuel bunker quantity survey
The world’s first methanol bunker quantity survey (BQS) operation was completed in Singapore on 27 July 2023.
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NewsWärtsilä to supply MeOH-fuelled auxiliaries for CMA CGM newbuildings
Wärtsilä has been awarded an order to supply the methanol-fuelled auxiliary engines for six newbuild container vessels on order for the French shipping company CMA CGM.
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NewsMAN ES adds Hengli Engine to list of 2-stroke licensees
Hengli Engine (Dalian) Co., Ltd., (Hengli Engine), agreed a marine two-stroke manufacturing licence agreement with MAN Energy Solutions on 7 July, and plans to enter the marine engine building market.
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NewsChinese Serial Production Of Dutch Design
Giving first form to an extensive new series of Chinese-built, versatile singledeckers for intra-European trade, the 5,200dwt Sommen (ex-JSP Lojt) has cut her teeth on the near-sea traffic lifting cargoes between the northwest Continent and southern UK.
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NewsRo-Ro Mode For Banana Trade
A newly-established European venture plans to order a series of con-ro type vessels developed to bring efficiencies in refrigerated cargo transportation. Under the aegis of D4R2 Shipping, the flotilla is targeted at the transatlantic trade in bananas and pineapples from Ecuador and other Latin American sources to the European market.
