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Latest news

Schottel and Svitzer collaborate on mechanical hybrid concept

Naval Engineering
A new propulsion concept allows workboats and tugboats to benefit from flexible hybrid propulsion without installing a gearbox or additional electrical components.

7 green shipping techs to get along with IMO’s sulphur cap

Safety & Regulations
Based on IMO's strict sulphur regulations, the shipping industry is looking for ways to take its shipping

Rolls-Royce sells rights to dynamic positioning product to US firm

Business
Rolls-Royce Commercial Marine has agreed to sell its dynamic positioning (DP) product to US-based thruster manufacturer Thrustmaster of Texas, Inc.

IMO chief highlights seafarer’s role in automated future

Safety & Regulations
IMO Secretary-General Kitack Lim has highlighted the need to consider seafarer training and standards as the use of technology in shipping evolves in the future

Began a new race in the Arctic

News
Officially, the Arctic countries agreed to keep the Arctic zone free from geopolitical tensions, the Danish newspaper reminds.

BV to support Fenja project offshore mid-Norway

Oil & Gas
Neptune Energy has awarded Bureau Veritas a four-year contract for second and third-party inspection services for the Fenja oil and gas development

Panama’s Bunker Suppliers Prepare for IMO 2020

Safety & Regulations
Monjasa, the second-largest local bunker supplier in the Panama Canal zone, has brought a new bunkering tanker to the area to meet growing demand

Philippines Considers Buying HHIC-Phil Shipyard

Business
The government of the Philippines may acquire Hanjin Heavy Industries and Construction-Philippines (HHIC-Phil)

Equinor Stops Drilling Key Arctic Well After Incident

Oil & Gas
Norway’s Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Jan. 21.

Lithuania LNG port expects to turn into a Baltic hub in 2021

Oil & Gas
Lithuania's LNG import terminal, 'Independence', which is located in Klaipeda, is expected to double its LNG volumes

Oceaneering wins three subsea umbilical contracts

Subsea Technology
Oceaneering International Inc. has secured three subsea umbilical contracts valued at more than $80 million in total. 

China Navigation Buys Bulk Shipping Arm of Hamburg Süd

Merchant Navy
German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company
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