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Landmark U.S. Waterways Decarbonization Report from ABS & Vanderbilt

Landmark U.S. Waterways Decarbonization Report from ABS & Vanderbilt

[By: ABS] ABS and Vanderbilt University have published a landmark report analyzing decarbonization strategies for U.S. inland waterways. Decarbonization of the Inland Waterway Sector in the Unit...

Sanmar Delivers Escort Tug to Directorate General of Coastal Safety

Sanmar Delivers Escort Tug to Directorate General of Coastal Safety

[By: Sanmar] Sanmar has delivered the most powerful escort tug ever built to Turkish Directorate General of Coastal Safety which, among other things, operates tugs used for emergency response escor...

Cargotec & SSAB Pioneer Fossil-Free Steel in Cargo Handling Industry

Cargotec & SSAB Pioneer Fossil-Free Steel in Cargo Handling Industry

[By: Cargotec] Cargotec and SSAB have agreed to work on the introduction of fossil-free steel to the cargo handling industry. The intent outlines that the companies will start coordinated developme...

Groundbreaking Maersk Methanol Vessels to be Built to ABS Class

Groundbreaking Maersk Methanol Vessels to be Built to ABS Class

[By: ABS] A groundbreaking series of eight large container vessels capable of being operated on carbon-neutral methanol ordered by Maersk, along with an option for a further four vessels, are to be...

Wärtsilä Replaceable Battery Containers Enable Zero Emission Shipping

Wärtsilä Replaceable Battery Containers Enable Zero Emission Shipping

[By: Wärtsilä] The technology group Wärtsilä has developed and delivered a mobile battery container solution that will enable inland waterway vessels to operate with zero emissions. The first order...

Rolls-Royce Launches Sustainable mtu Propulsion Solutions for Yachts

Rolls-Royce Launches Sustainable mtu Propulsion Solutions for Yachts

Rolls-Royce is launching a range of sustainable mtu propulsion solutions for yachts. The first large yachts are already running with mtu systems based on the mtu Series 4000, which are certified for I...

IN THE KNOW Video Podcast 33: Bo Cerup-Simonsen on Decarbonization

IN THE KNOW Video Podcast 33: Bo Cerup-Simonsen on Decarbonization

In this episode of The Maritime Executive's video podcast, editor-in-chief Tony Munoz spoke with Bo Cerup-Simonsen, the CEO of the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, about the ind...

Hyundai Heavy Industries Set to Raise $930 Million in IPO

Hyundai Heavy Industries Set to Raise $930 Million in IPO

Hyundai Heavy Industries announced Monday that it is set to raise more than $930 million in a heavily-oversubscribed initial public offering.  The firm's book-building period ended on Friday, and i...

Australia’s New Antarctic Research Vessel Delivered 

Australia’s New Antarctic Research Vessel Delivered 

The world’s newest and one of the most advanced Antarctic research vessels completed construction and commenced her delivery run from Northern Europe to Australia last week. The new ASRV (Antarctic Su...

American Seafoods Company Fights Giant Jones Act Penalties

American Seafoods Company Fights Giant Jones Act Penalties

U.S. Customs and Border Protection has stirred up a storm in the Alaska pollock fishery by issuing Jones Act penalty notices totaling about S350 million. According to a lawsuit filed by an affiliate o...