Marine Power News

 

Russia Revives its Black Sea Submarine Fleet

Jul 15, 2015

Russia is making moves to revive and increase the size and scope of its Black Sea submarine fleet, the Russian Ministry of Defense stated. Project 636.3 Varshavyanka diesel-electric submarines that will sequentially join the Russian Black…

First Gas Turbine-powered LNG Carrier Granted AIP

Jul 07, 2015

Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured Approval in Principle (AIP) on the vessel from the U.K.-based Lloyd’s Register…

Tony Abbott Guarantees Submarine Jobs

Jul 07, 2015

Prime Minister Tony Abbott has assured South Australians there will be more submarine jobs here even if he won’t commit to having a new fleet of vessels built there,  as Liberal MPs fear voter backlash if the contract for Australia’s next-generation fleet goes to Japan…

FORAN for Pertamina's Future Ships

Jul 04, 2015

FORAN has been chosen by state-owned company PERTAMINA to review the design of their future oil product carrier ships, under construction in a shipyard with the FORAN System. PERTAMINA, a company based in Jakarta, Indonesia, signed a contract with SENER Ingeniería y Sistemas S…

CNOOC Acquires Asia's 1st LNG Powered Tug

Jul 04, 2015

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied natural gas as ship’s fuel.Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC…

The Submarine Electricity Transmission Market Is Expected to Reach $25 Billion in 2024

Jul 03, 2015

According to a new report from Navigant Research, the global submarine electricity transmission market is expected to grow from $16.8 billion in 2015 to $24.8 billion in 2024. “Over the past several years, two market drivers have emerged…

Port Gothenburg Offering LNG

Jul 03, 2015

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced by the Gothenburg Port Authority in collaboration with the Port of Rotterdam and the Swedish Transport Agency…

Confidence Low in Shipping Idustry

Jul 02, 2015

Confidence levels in the global shipping market have fallen to a seven-year low as a glut of cargo ships, weak freight rates and excess liquidity continue to batter the industry, a survey by Moore Stephens, a London-based consulting firm finds…

Giesselman Joins Twin Disc Board of Directors

Jul 01, 2015

Twin Disc, Inc. announced that its board of directors appointed Janet P. Giesselman to the company's board effective June 30, 2015. Giesselman will finish the term of Malcolm Moore, who resigned from the board on June 30, upon being named the company’s executive vice president of operations…

Twin Disc Names Moore Executive Vice President

Jul 01, 2015

Malcolm “Mac” Moore, 64, joins Twin Disc, Inc. as executive vice president of operations effective July 1, 2015, the company announced. In his new role, Moore will be responsible for overseeing the company's global manufacturing, as well as its sales/marketing functions…

IRClass Offers EEDI Validation Service

Jul 01, 2015

IRClass (Indian Register of Shipping) has recently included Energy Efficiency Design Index (EEDI) validation to its service offerings. This is in response to the International Maritime Organization’s (IMO) adoption of the EEDI regulation on January 1…

AOD Orders 2 Jack-up Rigs at CSSC Huangpu Wenchong

Jun 30, 2015

CSSC Huangpu Wenchong Shipbuilding Company has won an order to build a pair of jack-up drilling rigs for Alliance Offshore Drilling (AOD), subsidiary of Hong Kong-listed TSC Group. The two Zentech-designed R-550D rigs are scheduled to be delivered by 2017 and June 2018…

Mercury Marine Plant Earns Safety Honors

Jun 29, 2015

Mercury Marine's Suzhou, China plant recently received the Brunswick Corporation Chairman's Safety Award for excellence in safety and employee engagement. Mercury Marine Suzhou plant manager Eric Liu and safety officer Lawrence Liu received…

Conference to Delve into Hybrid Power & Propulsion

Jun 29, 2015

The first international Hybrid Marine Power & Propulsion Conference will be held at the RNLI Lifeboat College, Poole UK from October 6-8, 2015. Shock Mitigation will bring together an international group of experts, armed with the latest…

Wave Power Unit for Victorian Waters

Jun 29, 2015

BioPower Systems Pty Ltd (BioPower) has finished constructing its prototype wave power unit to be installed off the coast of Port Fairy, Victoria, later this year.ARENA CEO Ivor Frischknecht congratulated BioPower on the achievement,…

Logistics News

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Panama Canal Vessel Transits Increase to 34 Per Day in April

Panama Canal Vessel Transits Increase to 34 Per Day in April

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Cavotec Signs $8.99 Million Shore Power Order

Cavotec Signs $8.99 Million Shore Power Order

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US and China agree to reduce tariffs temporarily, assuaging slump fears
Ocean shipping firm welcomes China-US tariff reprieve
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