China will encourage mergers and consolidations among central government-held shipping companies, the head of the state assets regulator said on Tuesday.Xiao Yaqing, chief of state-owned Asset Supervision and Administration Commission (SASAC) was speak...
Read more
First 3D Classification Process for a Significant Vessel Project
Bureau Veritas, Naval Group and Dassault Systèmes has announced that a 3D classification process has been applied to a significant naval vessel for the first time. This marks a major step forward in the design review and calculation modelling…
Read more
Damen’s RSD Tug 2513 Nominated for KNVTS Award
Damen’s radical new ‘always bow first’ RSD Tug 2513 has reached the final stage of this year’s prestigious Maritime Award KNVTS Ship of the Year prize. As one of the last three entrants in contention for the award, the Damen RSD Tug 2513 will be judged...
Read more
Portugal to build satellite launch pad, lab with China
Portugal plans to build an international launch pad for small satellites in the Azores and has agreed with China to set up a joint research center to make satellites on the mainland, its science and technology minister said on Tuesday.
Read more
DNV GL certifies Ingeteam’s 2MW DFIG converter
Ingeteam, a leading supplier of electrical conversion equipment, has announced that it received DNV GL’s certification for its IngeconWind stator-equipped 2MW DFIG converter. With this latest achievement, Ingeteam completes the range of its products co...
Read more
Gene study reveals secrets of parasitic worms, possible treatments
The largest study to date of the genetic makeup of parasitic worms has found hundreds of new clues about how they invade the human body, evade its immune system and cause disease.
Read more
EDF Sells Stake Dunkirk LNG Terminal
European electric utility company Électricité de France (EDF) group has sold its stake in the Dunkirk liquefied natural gas (LNG) terminal, after obtained the requisite regulatory approvals.According to a press release from the integrated…
Read more
Fitch Warns: Shippers’ Costs and Capex may Increase
More stringent fuel regulations regarding sulphur content could significantly increase global shipping companies' operating costs and capex needs, says Fitch Ratings in a new report."This may negatively affect their credit quality unless they manage to...
Read more
Ship to Shore Crane Blasted in San Juan
A heavily corroded 180-foot ship to shore crane was demolished last week in a rare crane toppling event in San Juan."The crane needed to be demolished as it was heavily corroded and SSA International (a stakeholder of the port in San Juan)…
Read more
Siemens Gamesa Bags Orders for 176.8MW Wind Projects in India
Siemens Gamesa (SGRE), a renewable energy project developer and an Engineering Procurement Construction (EPC) provider, has won turnkey contract from renewable energy project developer ReNew Power for the development of two wind projects aggregating…
Read more