DNV has released a revision of its Maritime Simulator Systems Standard (DNV-ST-0033), reflecting the growing diversity of simulation technologies used in maritime training and certification.The updated standard introduces terminology for virtual realit…
DNV Updates Simulator Standard for Evolving Maritime Training Read More »
European defense giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business.According to the Bild …
German Shipbuilder Reportedly Eyed by Rheinmetall Read More »
“We forecast a balanced development in the crude tanker market in 2025 and 2026 while we expect the product tanker market to remain weaker than in 2024. The product tanker suffers under the weight of increasing supply growth and weaker demand growth du…
Tanker Vessel Market Bends Under Supply and Demand Strains Read More »
Singapore’s Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday.In 2023, Seatrium had made provisions…
Keppel, Seatrium in $53M Arbitration Case Over Brazil Corruption Scheme Read More »
Höegh Autoliners has placed an order for four ammonia-burning Everllence B&W 7S60ME-LGIA (Liquid Gas Injection Ammonia) dual-fuel engines for four 9,100 CEU Aurora-class pure car truck carriers (PCTCs).The vessels will be the first in the PCTC…
Höegh Autoliners Orders First Ammonia Engines for PCTCs Read More »