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J M Baxi Buys 26% Stake in Visakha Container Terminal

J M Baxi Buys 26% Stake in Visakha Container Terminal

[By: J M Baxi Ports & Logistics] J M Baxi Ports & Logistics Ltd, a unit of the Mumbai-based 106-year-old J M Baxi group, has acquired the residual 26% in Visakha Container Terminal Pvt Ltd from DP...

Kongsberg Digital to Digitalize Fleet of Over 100 Ships

Kongsberg Digital to Digitalize Fleet of Over 100 Ships

[By: Kongsberg Digital] Kongsberg Digital (KDI) recently signed a fleet agreement to provide its vessel-to-cloud infrastructure, Vessel Insight to over 100 vessels. Signed with a large industrial s...

ABS Awards AIP to HHI Group’s Green Hydrogen Production Platform

ABS Awards AIP to HHI Group’s Green Hydrogen Production Platform

[By: ABS] A pioneering joint development project (JDP) to advance carbon-reduction technologies between ABS and Hyundai Heavy Industries Group (HHI Group) has taken a significant step forward by se...

JOSCO Fleet Chooses FASTAR Coating

JOSCO Fleet Chooses FASTAR Coating

[By: Nippon Paint Marine] Nippon Paint Marine’s ground-breaking nano-based antifouling FASTAR I® has been selected for the trio of energy-efficient box ships the Tsuneishi Group is building for Chi...

MacGregor to Deliver a FibreTrac Fibre-Rope Offshore Crane

MacGregor to Deliver a FibreTrac Fibre-Rope Offshore Crane

[By: MacGregor] MacGregor, part of Cargotec, has secured a contract with Otto Candies, LLC to deliver an active heave compensated FibreTrac offshore crane.  The order was booked in Cargotec’s 20...

Wärtsilä Accelerates Sustainability Journey with Latest Engine Launch

Wärtsilä Accelerates Sustainability Journey with Latest Engine Launch

[By: Wärtsilä] The technology group Wärtsilä announces the launch of the latest addition to its multi-fuel engine portfolio. The Wärtsilä 46TS-DF engine is designed with a focus on efficiency, envi...

Pair of RAmparts 3400 Tugs Successfully Delivered to Ri Zhao Port

Pair of RAmparts 3400 Tugs Successfully Delivered to Ri Zhao Port

[By: Robert Allan Ltd.] Robert Allan Ltd. is pleased to announce that Ri Gang Tuo 1 and Ri Gang Tuo 2, two RAmparts 3400 tugs were successfully delivered to Ri Zhao Port, Shandong, China in Februar...

Board Shakeup at Frontline as Euronav Merger Showdown Approaches

Board Shakeup at Frontline as Euronav Merger Showdown Approaches

Tanker giant Frontline is undergoing a boardroom shakeup as it moves towards a merger with Euronav. One independent director has stepped down, and two new directors with links to billionaire shipping...

Report: Fincantieri is Finalizing $4B Order from Norwegian Cruise Line

Report: Fincantieri is Finalizing $4B Order from Norwegian Cruise Line

Italian shipbuilder Fincantieri is rumored to be close to landing the first major construction order for cruise ships since the onset of the pandemic more than two years ago. The Italian newspaper Il...

Maritime Executive

Japan Submits Ambitious Carbon-Tax Proposal for MEPC 78

The government of Japan has submitted a proposal to the IMO to impose a significant tax on carbon emissions, adding to a growing list of options for the regulator's Marine Environment Protection Commi...