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Search Results for "how to buy ships"

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First Automated Kite Sail Installed to Begin Ship Trials in 2022

First Automated Kite Sail Installed to Begin Ship Trials in 2022

The first installation of an automated kite system for wind-assisted propulsion on a commercial vessel was recently completed and will begin trials early in the new year. The project, which is being u...

Maritime Executive

Two Danish Bunkering Firms Sentenced for Fueling War in Syria

On Tuesday, a Danish court ruled that bunker supplier Dan-Bunkering is guilty of breaching EU sanctions on the Syrian government for providing fuel to Russian intermediaries. The CEO of parent company...

Maersk Tests Heat Recovery System to Generate Power on Containership 

Maersk Tests Heat Recovery System to Generate Power on Containership 

Shipping giant Maersk is undertaking what may be one of the first retrofits and testing of a heath recovery power system aboard one of its containerships in collaboration with a Swedish technology com...

Maritime Executive

Study: Climate Change Puts Farmed Seafood Production At Risk

The supply of farmed seafood such as salmon and mussels are projected to drop 16 per cent globally by 2090 if no action is taken to mitigate climate change, according to a new UBC study. Ocean-farm...

Two Officers Accused of Drunkenness After Fatal Collision in Baltic

Two Officers Accused of Drunkenness After Fatal Collision in Baltic

After a collision between a Danish barge and a UK-flagged freighter, two officers aboard the British vessel have been taken into custody after allegedly failing an alcohol test. Swedish prosecutors sa...

Fairbanks Morse Defense Acquires Welin Lambie Ltd.

Fairbanks Morse Defense Acquires Welin Lambie Ltd.

[By: Fairbanks Morse Defense] Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (“Arcline”), has acquired Welin Lambie Ltd. (Welin Lambie), a U.K.-based leading de...

Royal IHC Appoints Experienced Maritime Professional as New CEO

Royal IHC Appoints Experienced Maritime Professional as New CEO

[By: Royal IHC] Jan Pieter Klaver will start as CEO of Royal IHC on 1 January 2022. He thus takes over from Gerben  Eggink, who fulfilled the role of CEO on an interim basis for more than a year an...

ABS Shares Digital Class Developments with Qatar’s Maritime Leaders

ABS Shares Digital Class Developments with Qatar’s Maritime Leaders

[By: ABS] ABS brought together marine and offshore industry leaders from Qatar for its virtual ABS Qatar National Committee Meeting. Qatari shipowners, managers, charterers, and shipbuilders hea...

Paul Matthews Selected as Port of South Louisiana's Executive Director

Paul Matthews Selected as Port of South Louisiana's Executive Director

[By: Port of South Louisiana] The Board of Commissioners of the Port of South Louisiana has selected Paul Matthews to serve as the Port’s next Executive Director, effective January 15, 2022. Matthe...

VARD Wins New North Star Contract for Dogger Bank Wind Farm

VARD Wins New North Star Contract for Dogger Bank Wind Farm

[By: VARD] VARD, one of the world’s major designers and shipbuilders of specialized vessels, is pleased to announce that it has secured a new contract for the design and construction of one Service...