Hecla's FuelEU Maritime Exchange (FME) has facilitated the completion of a first of its kind deal to trade a compliance balance token through a third-party platform.
The vessel, which will operate in North Atlantic waters, has been ordered by Canadian operator Clearwater Seafoods and will be built at the Hvide Sande Shipyard in Denmark.
A ceremony to welcome a new addition to North Korea’s naval fleet has ended in embarrassment following a major accident during the ship’s launch that the country’s dictator, Kim Jong-un, described as a “criminal act”.
Since ammonia has a high specific gravity, VLAC cargo tanks and hulls need to be reinforced, and the vessels will have a deeper draught when fully loaded.
Developed in close cooperation with Damen, the tugboat follows previous world firsts such as the Hydrotug (hydrogen-driven) and the Methatug (methanol-driven).
Damen Maaskant has successfully completed and delivered the San Koura Rangi, a state-of-the-art scampi trawler built for New Zealand seafood company Sanford.
The Defence Intelligence of Ukraine presented the specifications of the Magura W6P reconnaissance drone, which features an unconventional design and new search capabilities.
The Scarborough Energy Project has achieved a major engineering milestone with the joining together of the topsides and hull for the Floating Production Unit (FPU).
