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Monthly Archives: April 2023

ABB to Power Finland’s Two New Patrol Vessels

ABB announced it has secured a contract with Finnish shipbuilder Meyer Turku to supply an integrated power and propulsion package comprising two Azipod propulsion units and the Onboard DC Grid power system for two new, advanced multi-purpose…
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Ukraine-bound Commercial Ship Sinks off Turkey

Turkish coast guards were searching for nine missing crew members of a Ukraine-bound commercial ship that sank close to Turkey's southern province of Antalya. The Guinea Bissau-flagged ship had sailed from Turkey's Iskenderun port for Ukraine's Izmail ...
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Ammonia-powered Tug Conversion Underway

A first-of-its-kind ammonia-powered, zero-emission tugboat will be put to the test by Brooklyn, N.Y-based startup Amogy in late 2023.Having already successfully demonstrated its technology on an aerial drone, tractor and semi-truck, the ammonia…
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Lomar Shipping Names Bujor Technical Director

Libra Group's shipping subsidiary Lomar Shipping announced the appointment of Marius Bujor as its new Technical Director. Based in the company’s Bremen office, he succeeds Stylianos Papageorgiou who has been promoted to the position of Managing Directo...
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LR and ICS Invest in Crew Insight Software

Lloyd’s Register has acquired a 50% interest in ISF Watchkeeper, a work and rest hours compliance software solution from IT Energy Systems and Consulting Limited. The acquisition will result in LR becoming a joint owner of ISF Watchkeeper with…
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Shreyas Shipping Buys Three Container Ships

Shreyas Shipping and Logistics Ltd, the Indian-flagged vessel-owning firm of Transworld Group of companies said Tuesday that it had acquired three container vessels within just one week. The three vessels have been renamed as SSL Godavari, SSL Kaveri…
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SAFE Boats Becomes 100% Employee-owned

SAFE Boats International, a boatbuilder with yards in Bremerton and Tacoma, Wash., announced it completed a transaction that transfers 100% of the company’s ownership to its employees.The SAFE Boats International Employee Stock Ownership Plan (ESOP) ha...
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