WIND PROPULSION DEVELOPER RECEIVES €22.4m INVESTMENT
Spanish company bound4blue, a developer of automated wind-assisted propulsion systems for maritime transport, has secured funding worth some €22.4m. The major part comes from a €15.9M Series A funding round led by GTT Strategic Ventures, with the participation of the...
ClassNK AND FUKUI STUDY SAFETY OF LH2 VESSELS
Fukui Seisakusho (Fukui) and ClassNK have signed a Memorandum of Understanding (MoU) concerning a joint study on a safety relief valve for the cargo tanks of liquefied hydrogen (LH2) carriers. To combat global warming, attention is growing towards hydrogen as an...
AiP FROM ABS FOR FLOATING CARBON STORAGE CONCEPT
ABS has awarded Approval in Principle (AiP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU). Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquified carbon dioxide (LCO2) into depleted...
LR APPROVES BABCOCK GAS SYSTEMS
Liquefied gas solution provider Babcock’s LGE business has received Approval in Principle (AiP) from Lloyd’s Register (LR) for its multi-fuel gas supply and CO2 cargo handling systems ecoFGSS-FLEX and ecoCO2. The ecoFGSS-FLEX® gives ship owners the ability to use one...
KR AiP FOR SHI’s ZERO-CARBON AMMONIA TANKER
KR (Korean Register) has granted an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for an innovative 200,000m3 Ultra-Large Ammonia Carrier running on Ammonia Fuel. A joint development project (JDP) between KR and SHI resulted in the development of this...
EPS, MAN, HHI AND CSSC JOIN IN AMMONIA ENGINE PROJECT
Eastern Pacific Shipping (EPS), MAN Energy Solutions (MAN ES), HD Hyundai Heavy Industries (HHI), and yards from the China State Shipbuilding Corporation (CSSC) have announced collaboration on the development of ammonia burning engines that will be fitted to a new...
DELTAMARIN SIGNS CONTRACT FOR NEXT GENERATION PCTCs
Deltamarin has signed an agreement with Fujian Mawei Shipbuilding for the design and engineering of the new series of Neptune Lines 4200 CEU Pure Car & Truck Carriers (PCTCs). Neptune Lines and Deltamarin have together developed a new-generation, future-proof PCTC...
DNV CERTIFIES CO2 CONTAINMENT AND URN INNOVATIONS
DNV has awarded Hanwha Ocean an Approval in Principle (AiP) and an Approval of Service Suppliers (AOSS) for two innovations – a large-scale liquefied carbon dioxide (LCO2) carrier tank and underwater radiated noise (URN) measurement. DNV’s AiP relates to the...