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Norway Funds Testing for Floating Wind Concept Using Multiple Turbines

Norway Funds Testing for Floating Wind Concept Using Multiple Turbines

Norway is providing funding for the initial testing of a novel concept for multi-turbine floating structures designed to make floating wind more productive and economical. Enova, an investment company...

Hamburg Uses Feeder Ships to Replace Trucks Transshipping Containers

Hamburg Uses Feeder Ships to Replace Trucks Transshipping Containers

The Port of Hamburg along with several of its major operators has come up with a novel way to handle port congestion and backlogs as well as the emissions resulting during the transshipment of contain...

White House Waives Jones Act for LNG Shipments to Puerto Rico

White House Waives Jones Act for LNG Shipments to Puerto Rico

The Biden administration has granted Puerto Rico's long-sought wish for a Jones Act waiver for LNG shipments, citing the impact of Hurricane Fiona.  It is the second waiver for the island in a month,...

South Africa’s Largest Union Accepts Deal to End Crippling Port Strike

South Africa’s Largest Union Accepts Deal to End Crippling Port Strike

A wage agreement was reached with the majority union in the bitter and sometimes violent two-week strike that has crippled South Africa’s ports. The agreement was negotiated by the Commission for Conc...

Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

Mediterranean Shipping Company is famously quiet about its finances, but some straightforward math suggests that its founding family is the wealthiest in Switzerland - a nation with no shortage of bil...

Maritime Executive

Euronav Sells One of Four ULCC “Supertankers”

Tanker operator Euronav, which for the past four years has been the only company to own Ultra Large Crude Carriers, reported that it has sold one of the four remaining vessels, which were among the la...

DEME Contracts Seaqualize's 1100-Tonne Lifting Tool for Vineyard Wind

DEME Contracts Seaqualize's 1100-Tonne Lifting Tool for Vineyard Wind

[By:  Installation for first US commercial scale offshore wind farm ‘Vineyard Wind’ expected to start in June 2023 Dutch heave compensation specialist Seaqualize has signed its first contract fo...

After Three-Year Delay, Ritz-Carlton Launches Luxury Yacht Cruises

After Three-Year Delay, Ritz-Carlton Launches Luxury Yacht Cruises

The first luxury yacht cruise ship of The Ritz-Carlton Yacht Collection, the Evrima, embarked on her maiden voyage on October 15, three and a half years behind schedule. The latest entrant into the ul...

Data Usage by Shipping Companies to be met with New Inmarsat Portfolio

Data Usage by Shipping Companies to be met with New Inmarsat Portfolio

[By: Inmarsat] Modular product offerings to enable shipping companies to pay only for what they use, offering increased choice, flexibility, value, and best-in-class connectivity Shipping compan...

Grandweld Signs Contracts with Jana Marine for five Crew Boats

Grandweld Signs Contracts with Jana Marine for five Crew Boats

[By: Jana Marine Service Company] The large order demonstrates Grandweld’s position of leadership as a major crewboat builder, with Jana Marine a long term client of Grandweld. Dubai, United Ara...