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Monthly Archives: January 2019

Navy: UMass Lowell to host 2019 FST

The Department of the Navy (DoN) Forum for SBIR/STTR Transition (FST) will be held April 10-11, 2019 at the Tsongas Center in Lowell, Mass., co-hosted by the UMass Lowell Research Institute (UML RI).Lowell’s heart and soul is innovation. It’s…
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Record Year for US Wind Energy

American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018.In total…
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Japan Ink LNG Supply Deal with China

Japanese natural gas utility and supplier Shizuoka Gas signed an LNG sale and purchase agreement with Clean Energy in China for the delivery of chilled fuel from the Shimizu LNG terminal in ISO containers.Shizuoka Gas has been seeking further…
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Hyundai Heavy Seeks to Acquire DSME

South Korea's "Big Three" shipbuilders may soon become the "Big Two"! South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.The world’s…
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Capital Liberty Acquires Two Vessels

Capital Liberty Invest, a joint venture between Greece’s Capital Ship Management, belonging to Evangelos Marinakis, and Germany’s Liberty One, has acquired its first two high specification feeder container vessels.The vessels which will come under the ...
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744 Ships Scrapped in 2018

744 large ocean-going commercial vessels were sold to the scrap yards in 2018, out of which 518 were broken down on South Asia beaches, accounting for a record-breaking 90.4% of the gross tonnage dismantled globally.According to new data released by th...
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Suez Canal Terminal Boosts Efficiency

APM Terminals announced that its Suez Canal Container Terminal (SCCT) at Port Said, Egypt has achieved major efficiencies in yard and quay operations after fine tuning the Navis N4 Expert Decking Module, the system which automates yard planning.Accordi...
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HMM Becomes Co-owner of Pusan New Port

South Korean carrier  Hyundai Merchant Marine (HMM) announced that it has acquired joint ownership of PSA Hyundai Pusan New-port Terminal (PHPNT) in Busan.Yuanta HPNT, a company jointly established by the shipping liner and Singaporean shipping company...
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