Five finalists have made it to the shortlist for the second Nor-Shipping Ocean Solutions Award after o a heated jury debate. The accolade aims to showcase breakthrough innovations at, or approaching, commercialisation stage. Daphne Technology won the inaugural prize in 2022, with this year’s winner
APM Terminals Pipavav, an all-weather port located just 152 nautical miles from Nhava Sheva, Mumbai, has revealed plans that will see an investment of around $90 million in a new liquid berth. The port’s current capacity to handle 2 MMT of liquid bulk will increase to 5.2 MMT. The investment support
Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec. This marks a significant milestone for the shipbuilding industry, as the 93,000 cubic meter
The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr
Hamburg-based shipping company Reederei Nord Group has signed a contract with CSSC Huangpu Wenchong Shipbuilding Co., Ltd., a subsidiary of China Shipbuilding Corporation, and China State Shipbuilding Industry Trading Corporation for the construction of 2+2 1,900TEU container ships. The project invo
New projects in the transformation of the offshore energy sector are here. In this process, the industry is dealing with the following questions: to provide energy that is secure, affordable and lower in carbon. The European Union (EU) and Norway recently formed a Green Alliance to strengthen their
Knutsen LNG France, a part of Knutsen OAS Shipping, has taken delivery of Grazyna Gesicka, a 174,000 cbm LNG carrier constructed by South Korean shipbuilder Hyundai Heavy Industries. In a brief social media update, Knutsen LNG France said the LNG carrier was delivered on 28 April, bringing its RIF F
Five California seaports – the Port of Los Angeles along with the ports of Long Beach, Oakland, Hueneme and San Diego – signed a Memorandum of Understanding (MOU) in Sacramento, launching the California Port Data Partnership alongside state and federal partners. The MOU outlines an agreement among t
Singapore-based integrated LPG company Petredec Global has secured a $ 315 million loan from a syndicate of international banks to finance six 93,000 cbm VLGCs with dual fuel LPG propulsion. The ships are on order at Jiangnan Shipyard (Group) Co. Ltd and are expected to deliver throughout 2023 and e
ISH, a 137,500 cbm floating storage unit (FSU), has arrived at Atlantic Gulf & Pacific’s (AG&P) Philippines LNG (PHLNG) import terminal in Batangas Bay, bringing affordable and clean LNG to the country for the first time. Chartered by AG&P for a 15-year period from ADNOC Logistics and Services (ADNO
A cargo ship arrived in Emden, Germany with a massive hole in its hull after reportedly striking a wind farm. According to the German water police, the damaged vessel arrived from Szczecin, Poland to Emden on April 25, 2023. The Antigua-flagged vessel was loaded with 1,500 tons of grain destined for
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise
A third dual-fuel very large crude carrier (VLCC), named Maran Danae, has been delivered to Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group. South Korean shipbuilder Samsung Heavy Industries (SHI) delivered the ABS-class vessel today, 27 April 2023, and the
The Maritime and Port Authority of Singapore (MPA) and technology group Wärtsilä have inked a partnership deal that will focus on the introduction of next-generation renewable fuels, optimisation of digital port operations, and developing future talent. The duo has signed a Memorandum of Understandi
