Tag: major
Bluestone Wins Major Contract for Two New Cable-Laying Vessels
The Bluestone Group has secured a contract for plan approval and site supervision of two new cutting-edge cable-laying vessels operated by Prysmian, who is a world leader in the energy and telecom cable systems industry and is leading the way in energy transition and digital transformation. The contract acquisition follows Prysmian’s announcement in December 2023…
Fueltrax Wins Major Series of Contracts with Southeast Asian Vessel Operators
More than 90 percent of deep sea and offshore support vessel operators working with a global oil company in Southeast Asia chose the Fueltrax Electronic Fuel Management System (EFMS) to ensure accurate fuel usage transparency and emissions tracking. Of 30 ships that implemented a fuel management system at the urging of their oil company customer,…
Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels
Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp., is the first Greek-based shipping company to accomplish a strategic partnership in the European Union Funded SAFeCRAFT Project Consortium (“Safecraft”), a breakthrough initiative concerning the utilization of alternative fuels. Safecraft aims to demonstrate the safety and viability of Sustainable Alternative Fuels (SAFs) in seaborne…
GSBN partners with DNV to enable verified data sharing in a major push for decarbonisation of the global shipping industry
Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling efficient, paperless and sustainable growth in global trade with its data infrastructure and ecosystem of partners, has signed a Memorandum of Understanding (MoU) with DNV, the leading classification society. The partnership aims to promote decarbonisation and accelerate the adoption of alternative fuels by enabling the…
Major Maritime Companies Join Forces To Cut Emissions Through Triple Win Of Operational Efficiency
The Global Maritime Forum has identified five key action areas to improve the operational efficiency of vessels. The implementation of operational efficiency strategies plays a critical role in reducing shipping emissions today, while also preparing the industry for a more manageable long-term transition to a zero-emission future. These five actions cover: data collection and transparency;…
Dry Bulk Market Still the Main Shipowners’ Focus of Newbuildings, Despite Major Deals in Container and LNGs
The newbuilding market is in full swing it seems, as more and more contracting is being reported. In its latest weekly reports, shipbroker Allied said that “apart from the confirmation of CMA CGM’s order for 8 methanol-DF vessels (reported week 25) and the onset of phase 2 of Qatar Energy’s gas carrier ordering (17 pre-reserved…
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean
Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean, despite the absence of its own reserves. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil prices and…
Amazon, IKEA, Patagonia and 20+ major brands launch initiative to accelerate the transition to zero-emission fuels
The Zero Emission Maritime Buyers Alliance (ZEMBA) announced a Request for Proposals (RfP) for 600,000 20-foot containers (TEUs) over a 3-year period on ocean vessels powered by zero-emission fuels. The mission of ZEMBA is to accelerate commercial deployment of zero-emission shipping, by leveraging companies’ collective buying power to accelerate the zero-emission vessel market and realize…
Airseas announces major investment in R&D centre to accelerate development of wind technology for shipping
Airseas, a pioneer in wind propulsion technology for the maritime sector, has announced a major investment in a new research and development (R&D) centre to accelerate the development of its Seawing kite system towards large-scale production and rollout. Located in Dakhla (Morocco), the installation will comprise a 2,400m2 hangar and an advanced test bench, offering…
Major Investment across the Maritime Sector urged for the UK to become a Global Leader in Decarbonisation
Maritime UK, the collective voice for the UK’s maritime industries, has used the start of London International Shipping Week to highlight the need for £2 billion private and public sector investment per year to deliver its target to decarbonise by 2050, and further to support an ambition to become a global leader in decarbonisation. Securing…
