News

Wärtsilä reports it has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 meters-long installation vessel, the Green Jade.

U.S.-based shipping company Crowley named its four new LNG-powered containerships that are presently under construction for its Central America service. The company provided the first details of the ships which will both increase capacity and provide more sustainable operations. 

To meet its growing electricity needs in its drive to develop oil resources in remote Arctic regions, Russia has built a floating nuclear power station, a project that detractors deride as a "Chernobyl on ice".

"Power plants are just robots that don't have a brain yet," Peter Kirk, former chief executive of software company NeuCo, told the BBC recently. As indispensable a resource as they are, these generators have a clear need for smarter technology and greater efficiency, which Kirk's company is aiming to serve with artificial intelligence (AI) solutions.

PSEG Nuclear said it has notified the U.S. Nuclear Regulatory Commission of its intent to seek renewed licenses for the Salem Generating Station Units 1 and 2, and the Hope Creek Generating Station.

The Biden administration’s lucrative incentives for hydrogen are slated to only go to “green” producers who use newly built clean energy sources to make the fuel — and some hydrogen producers aren’t happy about it. A long red building stands on the shore of a river, with a blue sky above.

Virgin Atlantic Airways chief executive Shai Weiss sees the UK carrier returning to profit this year after narrowing its pre-tax loss before exceptional items to £139 million ($175 million) in 2023.

The U.S. division of consumer electronic giant Samsung Electronics has returned to the Federal Maritime Commission for the third time filing additional complaints related to service failures from carriers and what it calls unreasonable and excessive charges.

For the second time in less than a year, the Australia Maritime Safety Authority is reporting the successful conviction of a ship’s master and the shipping company for the failure of a ladder which resulted in injuries to a pilot during a transfer.

The unified command for the response to the Francis Scott Key Bridge disaster has warned that clearing Baltimore's main ship channel will be difficult, and on Tuesday, they laid out the details of the daunting challenge ahead.

Canada-based Bridgeman Services Group acquired a former cruise ship to expand its service of “floatel” accommodations and to meet growing demand from sectors such as LNG, mining, and renewable energy.

Australian shipbuilding Austal is confirming in a statement Tuesday morning from its Perth headquarters that it received a takeover proposal from South Korea’s Hanwha Group which it is rejecting due to concerns over regulatory approvals.

As anticipated, the owner of the container ship Dali has filed a federal suit to limit liability for the allision that destroyed Baltimore's Francis Scott Key Bridge. The petition denies responsibility for the accident, and it seeks to limit any payout to a maximum of $43.7 million.

Bleste Sia introduces its new ‘Bleste Bucket’ bulk handling solution. The Bleste Bucket is a modern iteration of the traditional bulk grab container, however, this innovative yet simple product improves dry bulk handling for companies looking for efficiency, cost and speed gains.

The report addresses Poland’s specific challenges related to the decarbonisation of its aged and inefficient coal-powered DH systems.

The development of battery electric maritime propulsion has involved using lithium battery technology that incurs high cost per kilowatt hour. An alternative liquid metal battery technology that incurs much lower cost per kilowatt-hour offers competitive application for short-distance propulsion along inland waterways.

The collapse of the Francis Scott Key Bridge on March 26, 2024, has put a spotlight on the Port of Baltimore, one of the busiest harbors in the U.S., which paused shipping and immediately halted all vessel traffic in and out.

Finland’s trade unions announced they are extending their strike into a fourth week after they contend the government is not showing any willingness to compromise on cuts to social welfare while imposing changes to collective bargaining and the right to strike.

Chevron is testing operations with a hybrid electric bunker tanker as it explores expanding the use of the technology. The fueling giant looks at the vessel, the Marine Dynamo, which is on charter from V-Bunkers, as a demonstration and proof of concept.

In a reversal of the usual order for a major marine salvage operation, the U.S. Army Corps of Engineers (USACE) and its contractors will make the first big move in getting the wrecked container ship Dali out of Baltimore's ship channel.