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Kongsberg Maritime today announced the launch of its new Continuous Emissions Monitoring System (CEMS). This advanced system lets shipowners and operators effectively monitor and control vessel emissions, ensuring compliance with increasingly…
https://www.marinelink.com/news/kongsberg-maritime-launches-emissions-526444
https://www.marinelink.com/news/kongsberg-maritime-launches-emissions-526444TORM A/S has acquired the remaining 25% ownership stake in ME Production (MEP) from founder and CEO Jens Peter Faldt. MEP is a Danish industrial engineering company with a proven record in green maritime equipment. This expansion follows TORM’s initial acquisition of a 75% ownership stake in 2022…
https://www.marinelink.com/news/torm-acquires-full-ownership-production-526451
https://www.marinelink.com/news/torm-acquires-full-ownership-production-526451An agreement between Höegh Autoliners and green industry pioneer Nordic Circles launches a national project that will change the handling of decommissioned ships. Using Norwegian technology, labor, and industry, old ships will be upcycled in Norway into certified building materials—without melting…
https://www.marinelink.com/news/hegh-autoliners-nordic-circles-partner-526454
https://www.marinelink.com/news/hegh-autoliners-nordic-circles-partner-526454Energy producer Shell has made a positive final investment decision on its Aphrodite gas project offshore Trinidad and Tobago, the company said on Tuesday.The project is expected to produce first gas in 2027 and have a peak production of 18…
https://www.marinelink.com/news/shell-makes-investment-decision-trinidad-526455
https://www.marinelink.com/news/shell-makes-investment-decision-trinidad-526455The rise of India’s steel sector is touted as a boost for iron ore miners seeking to find new markets as China’s output eases, but the reality is likely to fall short of the hype. India’s steel-making capacity is currently about 200 million metric tons per annum and the South Asian nation has ambitious plans ...
https://www.hellenicshippingnews.com/indias-iron-ore-imports-to-trend-higher-but-its-no-china/
https://www.hellenicshippingnews.com/indias-iron-ore-imports-to-trend-higher-but-its-no-china/The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a fifth straight session on Tuesday on firmer rates for capesize and panamax vessel segments. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, was up 8 points, or 0.6%, at 1,430 ...
https://www.hellenicshippingnews.com/baltic-index-gains-for-fifth-straight-session-2/
https://www.hellenicshippingnews.com/baltic-index-gains-for-fifth-straight-session-2/Greek shipowner OceanPal has struck a deal to sell its oldest bulk carrier. The Nasdaq-listed company is shipping out the 2004-built panamax Protefs to an unnamed buyer for $7m before commissions. The Jiangnan Shanghai Changxing-built 73,600 dwt unit should change hands by June 17. Earlier this year, OceanPal sold the 2005-built 171,800 dwt Salt Lake …
https://splash247.com/oceanpal-offloads-its-oldest-bulker/
https://splash247.com/oceanpal-offloads-its-oldest-bulker/UK-based shipowner Purus Marine has firmed up an order for a new LNG carrier at HD Hyundai Heavy Industries, adding to its growing gas carrier orderbook in South Korea. The Julian Proctor-led company has signed for a 180,000 cu m newbuild with delivery set for the fourth quarter of 2027 into a long-term charter with …
https://splash247.com/purus-confirms-south-korean-lng-carrier-order/
https://splash247.com/purus-confirms-south-korean-lng-carrier-order/Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…
https://www.marinelink.com/news/kongsberg-maritime-supply-equipment-sea-526428
https://www.marinelink.com/news/kongsberg-maritime-supply-equipment-sea-526428Classification Society DNV has granted Approval in Principle (AiP) certificates to Hudong-Zhonghua Shipbuilding for three new vessel designs.The AiPs highlight the ongoing collaboration between the two organizations and reinforce their shared…
https://www.marinelink.com/news/dnv-greenlights-hudongzhonghuas-three-526429
https://www.marinelink.com/news/dnv-greenlights-hudongzhonghuas-three-526429