A.P. Moller-Maersk is looking to divest its 30.75% stake in Russian port operator Global Ports Investments due to Russia's invasion of Ukraine, Maersk's port unit APM Terminals said on Friday.Global Ports' shareholders include Russian state…
Hamburg Fire Fighting Vessels Dresden and Prag sport diesel-electric hybrid propulsion and battery systems from EST-Floattech.After the first 100 days of operation, operator Flotte Hamburg is reports it is satisfied with the two new firefighting…
ClassNK signed a Memorandum of Understanding (MOU) with PowerX, Inc. (PowerX) for a collaboration on the development of the Power Transfer Vessel (Power ARK).PowerX is carrying out a project of the first model of the Power ARK series, which…
Early White House efforts to boost U.S. liquefied natural gas exports and cut Europe's reliance on gas from Russia after its invasion of Ukraine are proceeding slowly, because of concerns about climate change impacts, government and industry sources said…
Russia's shipping trade has plummeted since Moscow's Feb. 24 invasion of Ukraine and Western sanctions push many foreign companies to suspend sailings, adding further pressure on the country's economy, according to freight data.The world's biggest foreign container lines—including the top three MSC…
Participants at the 26th United Nations Climate Change Conference (better known as COP26) late last year in Glasgow reiterated humanity needs to accelerate change in the coming decades to limit global warming to 1.5°C (or even to the 2°C as agreed up in the Paris Agreement)…
In step with the maritime industry's mandate to decarbonize, Alfa Laval introduces its E-PowerPack. Able to convert waste heat directly into electrical power, the E-PowerPack reduces fuel consumption and CO2 emissions – creating a simple, cost…
A new study by GF Piping Systems and Foreship shows HVAC applications on passenger ships offer significant potential for improvement. The study, comparing a baseline steel piping system with pre-insulated polyethylene pipes in an air conditioning…
U.S. Army Corps of Engineers’ Pittsburgh District seeks expert advice from specialty geotechnical construction firms experienced with the performance of jet grouting to determine ways to improve and reuse existing on-site soils present at the…
The Port of Rotterdam Authority said it is raising 55ha of land at Maasvlakte 2 for companies that make renewable fuels and chemical products.Marine engineering company Van Oord has recently started with the project. Finnish company UPM is making plans to establish its business here…
The Netherlands-based Neptune Marine said it has been contracted to delivery a new spreader pontoon for Femern Link Contractors (FLC). Delivery is scheduled the second quarter of 2023.FLC, a joint venture in charge of the design and construction of a new immersed tunnel between Denmark and Germany…
U.S. Army Corps of Engineers’ New York District seeks a contractor for maintenance dredging of portions of the Newark Bay, New Jersey, Federal Navigation Project.Plans and specifications are expected to be available in April, bid opening in May and a contract award in July…
If you’re interested in the inside track in the federal infrastructure world, check out the upcoming Legislative Summit being planned by AAPA – the American Association of Port Authorities, scheduled for March 29-31 at the Washington Marriott at Metro Center…
The U.S. Army Corps of Engineers published a “sources sought” notice on March 2. As it implies, “sources sought” is an effort by the Corps to get a big picture of companies available to undertake certain projects. A top concern is to ensure…
Net Income of $4.65 Billion, Adjusted EBITDA of $6.60 billion, and Adjusted EBIT of $5.82 billionAs the containershipping industry enjoys its greatest boom of a generation, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated…
