Armada Technologies announced that Irish Ferries has contracted for a feasibility study and integration engineering for the Armada ‘passive air lubrication system’ (PALS) on board its RoPax cruise ferry W.B. Yeats.Armada’s PALS is a second-generation…...
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Western Tankers Ramp Up Russian Oil Shipments
Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow's flagship Urals grade held below an international price cap, according to market sources and Eikon data.The Group of Seven nations (G7), Australia…
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Exxon Banks Record $56B Profit in ’22
Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are…
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Offshore Wind: Floating Wind is the Future
$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the en...
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Greensea Launches OPENSEA Edge
Designed for military use but now available commercially, OPENSEA Edge is designed to be a modular edge computing module with perception support for autonomous underwater robots based on Greensea’s OPENSEA open architecture software platform…
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Q&A: Ballast Water Management Market Matures
Since the ballast water management system discussion started nearly two decades ago, a clear concern was the ability to fit new equipment on existing ships, placing a strain on both space and power. Last month we caught up with a few key suppliers…
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Stadt Naval inks Deal to Design and Deliver Naval Vessel Powertrain
Stadt Naval, headquartered in Gjerdsvika, Norway, signed a contract to design and supply complete electric propulsion solutions for series of new naval ships for an unnammed NATO country, the biggest contract in the company's history.Stadt's…
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Log-In Logística Intermodal taps Nautilus Labs for Digital Solutions
Brazil-based Log-In Logística Intermodal are working with Nautilus Labs to achieve reductions in fuel consumption and carbon emissions, optimized operations, and successful digital adoption across the latter’s organization.“We chose to partner…
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APC Lands Multiple Turkish Tanker Deals
Advanced Polymer Coatings (APC) confirmed a series of new contracts to apply its MarineLINE tank coating system to newbuild and existing tankers, including:A deal with Genka Shipbuilding will see MarineLINE applied to a newbuild 2,000-DWT oil and chemi...
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Glamox to light the new fleet of Finnish Navy Corvettes
Glamox (GLX) entered into an agreement with Rauma Marine Constructions and the Finnish Ministry of Defense to deliver fully integrated LED lighting technology for the Finnish Navy’s new Squadron 2020 Corvette vessels. This includes the navigation light...
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