Neha Shipping bulker sails after legal logjam clears, but owner claims charterer still owes money
Timber trader got its missing logs, but shipowner claims charterer still owes for hire and bunkers
March 2024
Fuel Savings of Autonomous Navigation System Verified
Avikus, HD Hyundai’s autonomous navigation in-house startup, has verified that its autonomous navigation system is capable of reducing fuel use by as much as 15%, which is expected to reduce carbon emissions by 10%.The fuel savings were quantified on a…
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Van Oord Doubles Profit, Announces New CEO
Van Oord concluded 2023 with revenue reaching record high and profits more than doubled.The company saw revenue growth across both its Dredging & Infra and Offshore Energy business units, which resulted in a significantly revenue increase of…
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Seatrium targets potential $370bn marketplace over next five years
Singapore group identifies repair and upgrade market as well as green retrofits as key contributors to earnings
Seatrium targets potential $370bn marketplace over next five years Read More »
Svitzer Targets Methanol-Fuelled MAN 175DF-M Engine
MAN Energy Solutions and Svitzer have signed a Memorandum of Understanding (MoU) focused on the development of a methanol-fuelled version of the MAN 175D engine. Designated 175DF-M (Dual Fuel-Methanol), the MoU targets the finalisation of a…
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