Tag: maritime industry
German Chancellor Visits Meyer Werft Signaling Support for Bailout
The government has assured Meyer Werft, a well-known shipyard in Germany, that it will get support during a difficult time characterised by financial challenges. The necessity of maintaining jobs and the shipyard’s operations remains a major concern, even though a concrete rescue arrangement is still pending, as was made clear in a town hall meeting…
Singapore announced top maritime centre for 11th consecutive year
The 2024 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report, co-released by the Baltic Exchange and Xinhua News Agency, marks its 11th year of evaluating the world’s top shipping centres. The report offers a detailed assessment of these hubs based on port efficiency, professional business services, and the overall business environment, solidifying its importance in…
Maersk joins study to explore potential of nuclear powered container-shipping
A leading Danish shipping company has agreed to participate in a study exploring the use of nuclear power for container shipping in Europe. This initiative is being conducted in collaboration with maritime services provider Lloyd’s Register (LR) and UK-based shipping technology firm Core Power. The study aims to evaluate the potential of nuclear-powered ships as…
University of Wollongong students rewarded for maritime academic excellence
The Australian Maritime Safety Authority (AMSA) has awarded its 2024 Academic Excellence Scholarship to Glenn Hanson and Dan Probert from the University of Wollongong. This prestigious $10,000 scholarship is granted annually to students who demonstrate outstanding academic performance while pursuing a Master of Maritime Policy or a Graduate Certificate in Maritime Studies. Glenn and Dan…
The Case for Universal Methane Measurement Standards in Maritime Industry
The Methane Abatement in Maritime Innovation Initiative (MAMII) has issued a pressing call for global methane measurement standards and regulatory frameworks to reduce emissions from ships. MAMII’s latest report warns that without a unified system, efforts to cut methane emissions will be hindered. MAMII emphasizes the necessity of globally standardized measurement and monitoring frameworks, alongside…
Schulte Group expands emissions management offering
The Schulte Group has launched Ocean Opt, a new company dedicated to providing comprehensive emissions management solutions for ship managers, owners, and charterers. Ocean Opt offers independent consultancy, data management, and platform-based services tailored to optimize fleet performance, manage emission trading systems, and ensure regulatory compliance, including adherence to the upcoming FuelEU Maritime regulation. This…
Auramarine Wins Methanol Fuel Supply System Order For Pioneering Mein Schiff 7 Cruise Vessel
Auramarine Ltd., the leading fuel supply systems pioneer for the marine, process and power industries, has announced that it has won an order from Meyer Turku Shipyard for a methanol fuel supply system and associated equipment for the luxury Mein Schiff 7 cruise vessel owned by TUI Cruises. Auramarine’s equipment deliveries began in 2023 and…
PPG announces partnership with RightShip
PPG yesterday announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship’s Zero Harm Innovation Partners Program. The initiative aims to foster the development and adoption of innovative solutions to promote a more sustainable future in the maritime industry. “By connecting manufacturers with shipowners and educating charterers about new technologies, the…
GCMD and NYK Line team up to address concerns of long-term, continuous biofuels use on vessel operations
The Global Centre for Maritime Decarbonisation (GCMD) has teamed up with NYK Line to launch Project LOTUS (long-term impact of continuous use of biofuels on vessel operations). This six-month project will trial the continuous use of a biofuels blend comprising of 24% Fatty Acid Methyl Esters (FAME) and very low sulphur fuel oil (VLSFO) onboard…