Singapore-based Sembcorp Marine chose Schottel’s azimuthal hybrid drive system SYDRIVE-E to power the world’s first liquefied natural gas (LNG) hybrid tug. With this first in a series of 12 vessels, Sembcorp Marine will build the world’s first…
Schottel Hybrid Drive for ‘World’s First’ LNG Hybrid Tug Read More »
Spanish Port of València has reduced its carbon footprint by 30% from 2008 to […]
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The Port of València slashes its carbon footprint by 30% Read More »
Norwegian offshore vessel operator Golden Energy Offshore Management has informed that two vessels it manages have recently secured contract extensions.The Inspection, Maintenance, and Repair Vessel (IMR) vessel Larissa was awarded several months…
Contract Extensions for Golden Energy Offshore’s Vessel Duo Read More »
Two-year loan, at 11% interest, gives Frangou private company an option from August onwards to acquire equity in Navios Maritime…
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Navios Acquisition agrees loan for up to $100m from Angeliki Frangou-linked entity Read More »
North American import of containerized goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fueled by US stimulus, volumes moving on the trans…
BIMCO: U.S. Economic Stimulus Have Worked Magic for Container Shipping Read More »