Tests are underway in the US in what backers argue could be shipping’s long-term answer to its decarbonisation riddle. Southern Company, TerraPower and CORE POWER have started pumped-salt operations in an integrated effects test (IET) of TerraPower’s first-of-a-kind nuclear molten chloride fast reactor (MCFR). Since installation of the IET at TerraPower’s laboratory in Everett, Washington, …
https://splash247.com/tests-underway-on-keenly-watched-nuclear-reactor/
...See moreSwiss-based commodity trading giant Gunvor has formed a joint venture with Norwegian gas shipowner to own and operate five LPG carrier newbuilds designed for onboard carbon capture. The JV has placed an order at South Korea’s Hyundai Heavy Industries with deliveries scheduled from September 2026 to July 2027. All five vessels will be on long-term …
https://splash247.com/gunvor-and-solvang-link-up-for-five-carbon-capture-ready-vlgc-newbuilds/
...See moreAnother 12 international merchant vessels are gearing up to enter Ukraine’s new shipping corridor, even though new intelligence from London has warned of the threat of Russia laying mines to deter the fledging trade lane. In the middle of July Russia pulled out of the Black Sea Grain Initiative, a United Nations-brokered shipping pact, after …
https://splash247.com/mine-threat-as-more-ships-gear-up-to-enter-ukraines-new-shipping-corridor/
...See moreIntegrated Wind Solutions (IWS) has entered into a time charter contract at market terms with Greece-based offshore contractor Asso.subsea. The contract will begin in the fourth quarter of 2024 or the first quarter of 2025 and have a duration of up to eight months. The charter contract is related to supporting IWS’ activities at an …
https://splash247.com/integrated-wind-solutions-inks-csov-charter-with-asso-subsea/
...See moreIn what may be the most bullish meet-up of owners, yards and suppliers for more than a decade at Hamburg’s giant SMM exhibition next year, a new survey suggests shipowners are more willing to place orders for new ships than at any time for many years – the problem they face is finding an available …
https://splash247.com/bullish-tone-for-next-years-smm-hamburg/
...See moreState and federal responders with the US Coast Guard Western Maui Wildfire Emergency Support Function #10 Unified Command are conducting vessel recovery and removal operations as part of their efforts to restore Lahaina Harbor and surrounding…
https://www.marinelink.com/news/vessel-recovery-underway-lahaina-harbor-508533
...See moreABS signed a memorandum of understanding to work with key stakeholders in Korea to develop and demonstrate a 3D printing system for ocean-going vessels.Using a digital library for the design process, the system aims to support rapid maintenance…
https://www.marinelink.com/news/abs-joins-korean-partners-d-printing-508535
...See moreC2X has signed a comprehensive framework agreement to accelerate the large scale production of green methanol in Egypt.The agreement relates to projects strategically located close to the Suez Canal and was signed with the General Authority for Suez Canal Economic Zone (SCZONE)…
https://www.marinelink.com/news/cx-advances-green-methanol-production-508536
...See moreJapanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer."The transaction generates significant capital which…
https://www.marinelink.com/news/japanese-shipping-giant-buys-norwegian-508539
...See moreOffshore services vessels are designed for myriad activities in the maritime industry. But as multifunctional assets, they not only offer utilitarian capabilities that are indispensable for commercial diving, subsea construction, mining, and countless other activities…
https://www.marinelink.com/news/diverse-resources-desperate-times-508540
...See more