Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow), one of the largest independent owner-operators of liquefied gas vessels. The contract covers 10 LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these...
UK-based social enterprise and sustainability training outfit Bright Tide has launched its first Blue Economy Ocean Accelerator Programme, which is offering investment opportunities for 10 SME businesses. Applications are open for submissions until 15th April 2022,...
Wärtsilä has signed a service agreement with Norwegian fleet operator Knutsen OAS, which covers the reliquefaction plant for four LNG carrier vessels, and is designed to optimise their day-to-day operational performance. The scope of the agreement includes Wärtsilä’s...
Swedish marine battery and electrification company Echandia has appointed a new head of business development for the Danish market, in which it has already gained a foothold through supplying the battery systems for the Copenhagen commuter ferries built by Damen...
ANZ Bank Taiwan has signed a US$ 50m sustainability-linked loan with U-Ming Marine Transport (S) Pte Ltd, a fully-owned subsidiary of U-Ming Marine Transport Corporation - one of Taiwan’s largest listed bulk carrier companies. The loan will be used to fund U-Ming’s...
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed its investment into Marindows, a Tokyo-based firm aiming to utilise the revolution in information technology to build an integrated digital platform for the marine industry. Amid...
Multi-disciplinary maritime technical and scientific consultancy Brookes Bell has appointed Martin Twomey as Director of Brookes Bell USA to lead the company’s growth strategy in the region. Twomey is a Chartered Marine Engineer with a First-Class Certificate of...
Sea-LNG, a multi-sector industry coalition established to demonstrate LNG’s benefits as a viable marine fuel, has announced the membership of Newport Shipping UK, a specialist provider of comprehensive dry-docking, retrofit, repair and conversions services. The...
Swedish company Echandia, a developer of battery systems for maritime electrification,has established a Norwegian office, and appointed Roy Storeng as leader for business development in Norway. Echandia operates in zero-emission energy solutions for heavy-duty...
ABB has launched a new SureWave Static Frequency Converter in order to ensure static, seamless, and automated transfer of power from a ship’s onboard generator to an onshore power source, removing the need to use diesel generators when in port. The company says that...
Finland-based azimuthing thruster company Steerprop has strengthened its presence in the North American market by establishing a subsidiary in Houston, Texas. The investment, which includes building substantial warehouse facilities in addition to proprietary 24/7...
Kongsberg Digital (KDI) is to supply an extensive range of maritime simulator solutions for the South Metropolitan TAFE (Technical and Further Education) institute in Fremantle, Western Australia. Funded through the Department of Training and Workforce Development,...
Italian state shipbuilding group and the Italian branch of France-based BNP Paribas Bank have finalised an agreement to turn a guarantee line for a maximum amount of €700m granted by the bank into a 'sustainability linked Guarantees Facility'. The agreement has a...
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