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ABB shareholders approve Accelleron spin-off
The shareholders of ABB approved the proposed spin-off of its Accelleron turbocharging division at today’s Extraordinary General Shareholders Meeting of ABB Ltd held in Zurich. The Board of Directors’ proposal to spin off ABB’s market-leading turbocharging business by way of a dividend in kind of Accelleron Industries Ltd’s shares to…
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ABB and Wallenius Marine launch new fleet support centre for ships
The new offering will allow ship owners, operators and managers to optimise vessel operations. ABB and shipping firm Wallenius Marine have introduced a new digital offering and fleet support centre available as a service. Named OVERSEA, the new proposition will enable ship owners, operators and managers to optimise the efficiency…
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Wärtsilä introduces new four-stroke engine in decarbonisation push
The new engine can run on diesel, LNG, or either gas or liquid carbon-neutral biofuels. Finnish technology firm Wärtsilä has launched a new medium-speed four-stroke engine to help the maritime sector reach its decarbonisation goals. Dubbed Wärtsilä 25, the new engine is based on the firm’s modular technology platform and…
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Ursula von der Leyen visits the port of Rotterdam
European Commission President Ursula von der Leyen visited the Port of Rotterdam Authority today, accompanied by Dutch Prime Minister Mark Rutte. The purpose of the visit was to obtain Brussels’ approval for Dutch grant applications under a major European recovery programme aimed at helping Member States emerge stronger from the…
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Port of Rotterdam Authority encourages noise measurement of moored ships
Under the name ESI Noise, the Port of Rotterdam Authority will be giving vessels a financial discount if – on the basis of an internationally accepted standard – the amount of noise produced by the vessel when moored has been made transparent. The incentive is in line with the Port…
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NAVTOR and ScanReach sign agreement transforming vessel data into value
NAVTOR and ScanReach have announced a partnership that will allow shipowners and operators to maximise the potential of onboard data, creating a simple, integrated solution to capture, aggregate and analyse system information for enhanced decision making. The agreement, signed today at SMM, unites NAVTOR’s ship operations platform NavFleet, with ScanReach’s…
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Suez Canal : The completion of the works of expanding and deepening permanently 2023
Suez Canal strengthens its naval fleet Joining 16 different marine units President Abdel-Fattah El-Sisi said that the works of expanding and deepening the canal are scheduled to be finally completed next year (2023). He Said that during the celebration of the opening of the Olympic Village and the inauguration of…
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Schulte Group Presents New LNG Bunker Vessel Design
Schulte Group unveiled its next-generation design for an liquefied natural gas (LNG) bunker vessel (LBV), which it said is engineered to be easy-to-use and reduce last-mile costs. The unique vessel design, presented at Gastech Exhibition and Conference in Milan, does away with the need for fenders and spacer pontoons, replacing…
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Reuters : Oil prices fall further as China extends COVID curbs
LONDON, Sept 8 (Reuters) – Oil prices fell on Thursday, extending sharp losses from the previous session, as China’s extension of lockdown measures to curb the COVID-19 spread exacerbated concerns that a slowdown in economic activity globally would hit fuel demand. Brent crude futures lost 40 cents, or 0.4%, to…
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Portland Port : Development of Deep Water Berth
Portland Port are undertaking a major construction project for the demolition of the existing “Deep Water Berth” and its redevelopment, under Marine Licence L/2011/00001/4, the 2010 Portland Harbour Revision Order. The works, which involve the demolition of the existing pier structure and the piling and infill of a new solid…
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