Shipping technology startup CargoMate has closed a GBP 500,000 seed investment round. The investment allows the company to continue the development of their port call optimisation platform for container ships and expand the number of shipping companies…
CargoMate Close Seed Investment Round Read More »
The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines…
Slow, Steady Vessels Lower Operating Costs Read More »
In an effort to protect whales and cut ship emissions, California continues its Protecting Blue Whales and Blue Skies Program and establishes voluntary vessel speed reduction zones in the Santa Barbara Channel region and San Francisco Bay area between …
California Incentivises Ships That Slow Down Read More »
International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild drillship Ocean Rig Crete to September 2020. “Our subsidiary, that is party…
Ocean Rig Postpones SHI Drillship Delivery Till 2020 Read More »
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received a contract to construct two special-purpose ships for an unnamed European company. According Yonhap, the deal has a value of around KRW 266.1 billion (USD 240 million). The…
Samsung Heavy Industries Bags Two Special-Purpose Ships Order Read More »