The renewable energy generated will be used to power Open Street Corporation's state-of-the-art electric mobility vehicles and to power and navigate an electric boat.
VARD has signed a very important contract for the design and construction of one state-of-the-art hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The parties have also agreed on an option for two more vessels.
NYK and its group company MTI, in collaboration with Smert Design have launched a trial to utilize 3D models in the initial design phase of ship construction.
In a landmark partnership, Damen Financial Services (DFS) and Siemens Financial Services (SFS) have joined forces to establish a new facility for vessel financing solutions: Damen Ship Lease (DSL).
Footage posted by Russian media has shown that the Magura V5 uncrewed surface vessel (USV), used by Defence Intelligence of Ukraine’s Group 13 special forces unit to destroy a Russian speedboat in the Black Sea on 6 May, was equipped with R-73 air-to-air missiles.
Swiss marine power company WinGD has secured yet another order for its X‑DF‑A ammonia-fuelled engines in what will be the world's first ammonia dual-fuel Aframax tankers.