Image Credits: Kongsberg MaritimeKongsberg Maritime has unveiled an innovative vessel design concept that aims to revolutionize fuel efficiency in the shipping industry.
The Super-Efficient… Read More
[Collection]Tyler DurdenS&P Set For 29th Record High Of 2024 As Futures Continue Relentless Grind Higher
Futures are higher, again, with Tech leading, again, and small-caps… Read More
In today’s ever-evolving market, navigating consumer trends and competitor strategies can feel like a maze. Unveil the roadmap to success with our comprehensive Market Research Report… Read More
Image Credits: Meyer Turku/LinkedinMeyer Turku, a Finnish shipyard, has proudly announced the delivery of Mein Schiff 7, a cutting-edge cruise ship equipped with methanol propulsion, to the… Read More
As the world grapples with the drastic consequences of global warming, the demand for liquified natural gas (LNG) is rising. It is the least polluting marine fuel, has various uses, and offe… Read More
Image for representation purposes onlyThe Marine Design & Research Institute of China (MARIC) has received Lloyd’s Register’s approval in principle for the design of a dual-f… Read More
Image for representation purposes onlyThe US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned ten individuals, organisations, and vessels involved in… Read More
The Dry Bulk Shipping Industry, a significant player in global maritime trade, is poised for substantial expansion. It is projected to grow at 1 to 2% in 2024, a growth rate that underscores… Read More
Image Credits: GreenpeaceGreenpeace has officially signed a contract to begin constructing a pioneering green sailing ship, marking a big step forward in sustainable maritime technology.
The… Read More
Merchant Navy Ships transport a wide range of goods and people to different corners of the world. Effective shipping and supply chain management have ensured that goods produced in one part… Read More
Alternative fuels and seafarer upskilling took centre stage at the ‘Greener Shipping Summit 2024’ held at Posidonia 2024 this week. Under the theme ‘New Technologies and Ed… Read More
ABS and Liberian Registry Approve Next-Gen Ammonia Carrier by HD Hyundai and Capital Gas, Featuring Amogy’s Ammonia-Powered Technology.
ABS and Liberian Registry Approve Innovative… Read More
Image Credits: MMM Center/LinkedinA. P. Møller-Mærsk’s recently developed design for an ammonia-fuelled 3,500 TEU container vessel has earned approval in principle from cl… Read More
Liquefied Natural Gas (LNG) Market Outlook
According to the report by Expert Market Research (EMR), the global liquefied natural gas (LNG) market size reached a volume of 4.52 billion barrel… Read More
Amid rising sea levels, intensifying weather events, and the stark realities of climate change, the maritime community finds itself at a crossroads. As the backbone of global trade, shippin… Read More
The maritime industry offers a wide range of well-paying and adventure-filled careers aboard ships and at sea. From cruise liners to cargo carriers, tankers to tugboats, maritime jobs enable… Read More
Market Overview
The Sonar System Market was valued at USD 5.9 Billion in 2021 and is projected to reach USD 6.5 Billion by 2026, growing at a Compound Annual Growth Rate (CAGR) of 1.8% from… Read More
Image for representation purposes onlyLloyd’s Register and Guangzhou Shipyard International have completed a significant joint development project (JDP) to build the world’s larg… Read More
Deep-sea mining involves the extraction of valuable minerals from the ocean or sea floor with the help of sophisticated ships custom-built for this purpose.
The mining vessels have specialis… Read More
Image Credits: UlsteinOn May 31, South Korea marked a crucial milestone in marine research by commissioning its first domestically built geophysical exploration research vessel, Tamhae 3, du… Read More
Effective management of extreme heat is essential in many industries. High temperature insulation is vital for controlling heat, improving efficiency, and ensuring safety. These materials ar… Read More
Cable-laying ships are specialised vessels that lay underwater cables on the ocean floor or the seabed. These cables are used for telecommunications, data and electricity transmissions, and… Read More
Image Credits: Cochin ShipyardCochin Shipyard Limited (CSL), India’s leading shipyard, has secured a significant international order from UK-based North Star Shipping.
The contract is… Read More
Image for representation purposes onlyEstonia’s state prosecutor recently reported that China has yet to respond to a six-month-old request for assistance regarding an investigation of… Read More
VANGUARDICIR raises alarm over Police detention of director, reporterMother, son remanded in prison for alleged N122m property theftCustoms officers risk dismissal over confrontation with Ve… Read More
Image Credits: MPASingapore successfully operated its first simultaneous methanol bunkering and cargo operation (SIMOPS) at the newly constructed Tuas Port.
Global Energy Trading, PSA Singap… Read More
How Do Cruise Ships Float?
The art of designing vessels to fulfil the design and statutory compliance requirements, stay optimally functional in challenging marine conditions while also bei… Read More
Image Credits: DEME Group/TwitterDominion Energy has declared the first monopile foundation at 2.6-GW Coastal Virginia Offshore Wind, installed about 29 miles off the Virginia Beach coast.
T… Read More
New Revenue Pockets:
The global marine engines market is projected to reach USD 15.2 billion by 2029, showing a growth from the estimated USD 13.1 billion in 2024, with a compound a… Read More
Image Credits: Trans Mountain/TwitterThe Marshall Islands-flagged crude oil tanker Dubai Angel was moored at the Westridge Marine Terminal in Vancouver, gearing up to load the first crude oi… Read More
Image Credits: Port of Hamburg/LinkedinThe Port of Hamburg has emerged as the first port in Europe to extend shore power for container and cruise vessels.
The Vasco de Gama, belonging to the… Read More
Image Credits: Port of Antwerp-BrugesThe Port of Antwerp-Bruges has launched the world’s first-ever methanol-powered tugboat, the Methatug, as part of the objective to become climate-n… Read More
Japanese shipping company NYK is developing a wood pellet-powered ship in a bid to reduce carbon emissions. The vessel, which will be built by Japan Marine United Corporation, is expected to… Read More
Dispel, a provider of zero-trust remote access, data streaming, managed attribution, and DMZ unification for industrial control systems, announced that its Board of Directors has appointed D… Read More
Screengrab from Facebook video posted by National EnergyA decommissioned oil tanker caught fire at the Port of Spain in Trinidad on Tuesday, May 14.
No oil pollution or injuries were reporte… Read More
Image Credits: NYKJapanese shipping line Nippon Yusen Kaisha has signed a deal with the NYK Bulk & Projects Carriers, Tsuneishi and British utility Drax to come up with the world’s… Read More
Image Credits: ØrstedAmerica’s offshore wind energy supply chain has reached a significant milestone with the christening of the first American-built, crewed, and owned offshore… Read More
Image Credits: Feadship/FacebookThe world of luxury yachting hit a historic milestone today when Feadship, the renowned Dutch shipyard, unveiled Project 821, the world’s first hydrogen… Read More
By Christopher Niezrecki, UMass Lowell
America’s first large-scale offshore wind farms began sending power
to the Northeast in early 2024, but a wave of wind farm project cancel… Read More