Between January and April 2024, China’s electricity generation from renewables surged 12% year on year, significantly outpacing the 6% growth in generation from fossil fuels. While steam coal shipments to China rose 29% year on year, they are starting ...
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Methanol-Fueled Stena Prosperous Christened in Singapore
Proman Stena Bulk, the joint venture between Stena Bulk and Proman, christened Stena Prosperous today during a ceremony at the Marina Bay Cruise Center in Singapore. After the ceremony, the 49,900 DWT IMOIIMeMAX vessel will be bunkered with a 20/80 gre...
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Scandilines to Electrify Two Ferries with Wärtsilä Equipment
Technology group Wärtsilä has secured a contract to supply the electrical systems needed to convert two Scandlines ferries to a plug-in hybrid solution.The ferries operate on the Puttgarden, Germany – Rödby, Denmark route, and the conversion…
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AI, Energy Transition to take Center Stage @ SMM ’24
Digitalizing processes makes shipping more flexible, efficient and eco-friendly. Artificial Intelligence (AI) is playing role of growing importance in these efforts. At the leading international maritime trade fair in Hamburg, the topic will be covered...
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Russia Planning New Sea Terminal for LPG Exports to Asia
Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…
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ESG Wins Contract to Build Fisher Island Ferry
Eastern Shipbuilding Group (ESG) won a contract to build a new auto and passenger ferry for the Fisher Island Community Association, Inc. (FICA) in Florida. The vessel will be built at ESG’s Allanton and Port St. Joe facilities and is expected…
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Cadeler Orders Third A-Class Offshore Wind Jack-Up Vessel
Danish offshore wind installation firm Cadeler has placed a $400 million order to COSCO Heavy Industries for the construction of its third A-class wind farm installation vessel, capable of transporting and installing seven complete 15 MW turbine…
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While Maritime Risks Soar, Total Losses Plummet in ’23 – Report
It was only 30 years ago when maritime lost approximately 200 large vessels per year. Despite the mounting risks to shipping globally, its safe to say that safety measures and technology put in place in the interim have paid off, as in 2023…
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New Product: Survitec Gauntlet
Survitec launched a new energy containment safety device designed to reduce the risks associated with catastrophic value actuator failures.The concept of the safety device was developed due to issues identified in the North Sea oil and gas sector…
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Van Oord Gets Windanker Monopiles and Cables Installation Job
Dutch offshore installation firm Van Oord has secured a contract from the Spanish energy company Iberdrola for the construction of the German Windanker offshore wind farm.Van Oord's scope includes the transport and installation of 21 XL monopiles and t...
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