Two crewmembers were killed and another badly injured after a fire broke out on a containership in Port Houston.Port Houston Fire Department responded during the early morning hours on Monday to a report of a fire onboard the Panamanian-registered…
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Chevron Names Yavuz GM for its Marine Products Business
Chevron announced it has appointed Ayten Yavuz as the new General Manager of its Global Marine Products business.Yavuz joined Chevron in 1991 and has held notable positions over three decades at the company. Most recently, Yavuz was the Regional…
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Baltic Dry Index Logs Biggest Fall in a Month
The Baltic Exchange's dry bulk sea freight index fell on Tuesday to a nearly seven-week low in its worst showing in more than a month, as rates across vessel segments hit multi-week lows.The overall index, which factors in rates for capesize…
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Norway Parliament Votes in favor of Seabed Mining
Norway's parliament on Tuesday voted in favor of allowing Arctic seabed mineral exploration, in line with a deal reached between the government and key opposition parties last month, overcoming objections from environmental campaigners.The decision com...
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Yanmar Developing Hydrogen-fueled Four-stroke Engine
Yanmar Power Technology Co., Ltd. (YPT), a subsidiary of Yanmar Holdings Co., Ltd., has embarked on the development of a hydrogen-fueled four-stroke high-speed engine for power generation for coastal vessels in Japan as part of the Nippon Foundation’s ...
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Viking Strengthens Marine Evacuation Portfolio with Undertun Acquisition
Danish maritime safety solutions company Viking Life-Saving Equipment has acquired rights to manufacture and supply Undertun marine evacuation systems (MES).The Viking acquisition has been agreed with Sverre Undertun, whose Norway-based company…
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Nakilat Grows Fleet with Six New LNG and LPG Carriers
Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174…
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NYK Orders Man Energy Engines for Four LNG Carriers
Japanese shipping giant NYK has ordered eight ME-GA engines from Man Energy Solutions for four liquefied natural gas (LNG) carriers.The order is for eight 5G70ME-GA Mk. 10.5 engines related to the construction of four 174,000 cbm. LNG carriers…
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Signs of Recovery for Ship Recyclers in 2024
After what has been an overall miserable 2023 in the ship-recycling industry and even worse six-month tail end, 2024 seems to be off with just a little more hope and a chance at recovery as positive signs seem to permeate through the markets…
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Provaris Engages DNV for H2Neo Carrier Tank Review
Provaris Energy has engaged DNV for the review and approval of its H2Neo carrier's proprietary hydrogen cargo containment system.Prototype tank construction and testing remains on track to commence in Q1 CY2024 with completion expected by the end of Q2...
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