MOL takes class in AI shipping
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that the company has concluded a technology consulting agreement with Professor Tomoharu Nagao (Note 1) of the Yokohama National University (Headquarters: Yokohama, K...
Iridium and Rolls-Royce to expand autonomous vessels applica...
Iridium Communications Inc. (NASDAQ: IRDM) announced the signing of a Letter of Intent with smart shipping pioneer Rolls-Royce Marine (RRM), in support of their autonomous vessel development program. Through this arrangement, RRM and Iridium will...
VT Halter inks LOT for LNGBV
US marine transportation company Quality LNG Transport LLC (Q-LNG) turns out to have recently signed a letter of intent (LOI) with its compatriot shipbuilder VT Halter Marine for building a 8,000 cbm LNG bunkering vessel. According to in...
New transhipment project in Vietnam signed
Following our successful transhipment project at the Go Gia buoys in South Vietnam, which commenced last year, Oldendorff Carriers has recently signed an integrated Coal Transport and Transhipment Agreement for a new Power Station Project to be b...
Celsius LNGC seems "speculative"
It seems the recent LNG carrier order by Celsius Tankers is a ‘speculative’ one. Jeppe Jensen, Chairman of Celsius Tankers, commented in an interview with a foreign media that the company is yet to secure the charterer of two LNGCs it orde...
"HHI benefitted from IMO sulfur cap"
Global investment institute CLSA released a report on the IMO global sulfur cap's effect on shipbuilding industry on August 27. The cap rule requires shipowners to burn 0.5% sulfur-compliant bunker fuel compared with 3.5% sulfur currently, sta...
Players to collaborate for LNG fuel
Three of the marine sector’s major technology companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a truly viable option for ship owners and operators. By combining their expertise and experience, the t...
"IMO's global sulfur cap changes paradigm"
An industry expert contended that the International Maritime Organization's (IMO's) global sulfur cap, which is just a year and four months away, changes the paradigm, not just a regulation. Hagen Andersen, Business Development Director ...
Maersk's boxship set sails to NSR
A containership that passes through the Northern Sea Route (NSR) for the first time in the world has set sails from the Port of Busan, Korea. The Busan Port Authority (BPA) has recently announced that AP Moller-Maersk's 3,600 teu ice-c...
Klaveness and Maersk enter digital partnership
Klaveness Digital and Maersk Tankers have joined forces to drive the development of intelligent digital solutions. The partnership will give Maersk Tankers access to Klaveness Digital’s digital platform, enabling the company to store and manage...
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