FINLAND INVESTS IN NORSEPOWER ROTOR SAILS
The Finnish Climate Fund, a state-owned special-assignment company focusing on combating climate change, has granted on a capital loan of up to €10m to rotor sail manufacturer Norsepower in order to help increase its production capacity. Norsepower’s...
J-ENG RENEWS LICENSE AGREEMENT WITH CSSC
Japan Engine Corporation (J-Eng) has renewed the License Contract for UE engines with its Chinese Licensee, China State Shipbuilding Corporation Diesel Engine C (CSE). CSE, as a subsidiary of China State Shipbuilding Corporation Limited, is China’s largest state-owned...
AiP FOR EMISSION-SAVING AUTONOMOUS NAVIGATION SYSTEM
The commercialisation of autonomous shipping has taken another step forward with the Korean Register (KR) and Liberian Registry (LISCR) awarding Approval in Principle (AiP) for the Hyundai Intelligent Navigation Assistant System (HiNAS 2.0). The newly approved HiNAS...
WinGD AND CMB.TECH PARTNER ON AMMONIA-FUELLED ENGINE PROJECT
Swiss marine power company WinGD and Belgian shipping and cleantech group CMB.Tech have signed an agreement on the development of ammonia-fuelled two-stroke engines, with the aim to install the ammonia dual-fuel X72DF engine on a series of 10 210,000 dwt bulk carriers...
TITAN ADDS TO LNG BUNKERING FLEET
Titan, the Dutch independent supplier of low and zero-emission fuels, has acquired two small scale LNG carriers – the ‘Seapeak Unikum’ and ‘Seapeak Vision’ – from Canadian gas transportation company Seapeak, formerly known as Teekay LNG...
WÄRTSILÄ REPORTS MIXED FORTUNES IN 2022, BUT EXPECTS STRONG GROWTH
Wärtsilä’s financial results for 2022 showed that although overall its order intake decreased by 24%, service orders increased by 6% and net sales increased by 11%, with the marine sector performing well. Håkan Agnevall (pictured), President and CEO, said: “The year...
TESTING TIME FOR ULSTEIN-DESIGNED EXPEDITION CRUISE SHIP
Sea Trials of ‘Ocean Albatros’, Sunstone Ships’ latest Ulstein-designed cruise vessel, encountered what were described as “terrible weather conditions, which included more than 20m/s storm and heavy fog”, but the vessel performed well and...
HOULDER COMPLETES DESIGN OF LH2 VESSEL FOR SHELL
Design and engineering consultancy Houlder has recently completed a major design project for Shell International Trading and Shipping Company: the development of a concept design for a 20,000m3 liquid hydrogen (LH2) carrier. Houlder collaborated with Shell on the...