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Monthly Archives: February 2024

Hydrogen-powered Vessel H2 Barge 2 Delivered

Holland Shipyards Group announced it has delivered H2 Barge 2, the second hydrogen-powered vessel for Future Proof Shipping.The vessel has undergone a complete retrofit from traditional internal combustion technology to cutting-edge hydrogen fuel techn...
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Maersk to Spin Off Svitzer

Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years,…
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Shipbuilder Dakota Creek Industries Seeks Apprentices

Anacortes, Wash. shipbuilder Dakota Creek Industries announced it has opened the application process for its three-year paid apprenticeship program.Slated to begin on July 1, 2024, the formalized, structured program offers both on-the-job training…
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NYK Stolt Tankers Orders Six Chemical Tankers

NYK Stolt Tankers, a joint venture between NYK Line and Stolt Tankers, has placed an order with Nantong Xiangyu Shipyard in China to build six 38,000 deadweight tonne stainless steel chemical tankers for delivery between late 2026 and 2029.The…
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US, UK Ship Investors Hit by Soaring Red Sea Insurance

War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships transiting the Red Sea and some providers are avoiding such business due to targeting of the vessels by Yemen's Houthis, sources…
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Edda Wind Names Øverlie CFO

Norwegian offshore wind vessel owner Edda Wind announced it has appointed Hermann Hovland Øverlie as its new chief financial officer (CFO) following the resignation of Tom Johan Austrheim. Øverlie will join Edda Wind March 1, 2024.Øverlie is…
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