Mitsui O.S.K. Lines (MOL) has completed the acquisition of 72% shares in Gearbulk, growing its fleet of dry bulk carriers to 338 vessels.The completion of acquisition means Gearbulk is now MOL’s consolidated subsidiary.Gearbulk has a proven…
MOL Grows Dry Bulk Carrier Fleet with Gearbulk Acquisition Read More »
Slime build-up is a costly drag on fuel efficiency for ocean-going cargo ships, leading to more emissions and, eventually, higher consumer prices. A recent study, however, suggests a new approach to managing this common problem.Researchers at…
Slime Time: Actively Monitoring a Vessel’s Hull Slime Read More »
Capital Ship Management Corp and FORCE Technology have partnered up to create Europe’s first Extended Reality (XR) Full Mission Bridge simulator, designed to support maritime training.The simulator will be housed at Capital Group’s state-of…
Greece to House Europe’s First XR Ship’s Bridge Simulator for Maritime Training Read More »
Ocean services provider DeepOcean has cemented its subsea offering with the extension of its charter agreements with Østensjø Rederi for three vessels.DeepOcean’s most advanced subsea vessel, Edda Freya, will remain part of the fleet through 2026…
DeepOcean Extends Charters for Three Subsea Construction Vessels Read More »
President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor’s climate policies.T…
US LNG Export Permit Applications Back on Table under Trump’s Order Read More »