Industry News – Page 54
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Stabilization partnership
A Japanese company best known for its diesel engines is further moving away from total dependence on internal combustion engines with its partnership with and investment in an Italian stabilizer company.
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Force majeure and the coronavirus
According to William Cecil, Partner at law firm Haynes and Boone, the coronavirus outbreak has already caused a major downing of tools at far east shipyards.
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Maritime decarbonisation efforts shared
Decarbonisation measures being implemented by the European maritime sector have been shown to EU and national policymakers who visited a Belgian port as part of European Shipping Week activities.
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Nordic Marine Insurance
The West of England P&I Club has announced that it will acquire a significant stake in specialist marine insurance provider Nordic Marine Insurance.
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Maritime-focused coronavirus advice
A freely accessible webpage will provide industry-specific guidance and updates regarding the coronavirus outbreak and its progression.
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Sanctions evaders slipping through the net
Over the last six months, twice as many vessels have demonstrated suspicious behaviour regarding sanctions as have been put on sanctions lists.
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Wind assist propulsion for ships is happening now
During the docking of the ‘MV Ankie’ of Jan van Dam Shipping in January 2020 at the Royal Niestern Sander shipyard, the first retrofit eConowind Ventifoil wind-assist system was installed, six months after signing the contract.
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Law firm appoints new partners
An international law firm has strengthened its presence in the shipping and offshore sectors with the appointment of two new partners in London and Oslo.
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Strong fourth quarter Wilhelmsen results
“The maritime industry has experienced a longer period with head wind, and it is pleasing to see that our operating results are stronger year over year,” said Thomas Wilhelmsen about the global maritime industry group’s 2019 results.
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German LNG cooperation
Nauticor and Fassmer have started cooperation in LNG newbuilding and retrofitting projects with the initial LNG bunkering of the newbuild research vessel ‘Atair’.
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Coronavirus: operators advised on liabilities
Disruption to freight transport services and global supply chains resulting from the coronavirus will continue to evolve and companies should be alert to how they can legally protect themselves and minimise their liabilities, an insurance company has warned.
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UK ports seize freeports opportunity
UK port organisations have welcomed the launch of a 10-week consultation by the government which aims to establish up to 10 new freeports across the UK.
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Software could help shipbuilder double revenues
A French shipbuilder and repairer aims to double its revenues over the next five years and digital transformation is central to its plans.
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Security focus for new Installation Standard
Educational information about preventing theft and improving vessel security has been added to the next version of a voluntary standard that clarifies and defines competent installation practices.
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New Kattegat ferry route opened
Stena Line’s new ferry route between Halmstad in Sweden and Grenaa in Denmark was officially opened in February.
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Dark vessel detection technology launches
New Dark Vessel Detection technology will enable users to have access to both location information and radar satellite images of all detectable vessels - even when they do not have their Automatic Identification System (AIS) transponders turned on.
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Cyber risks for marine electronics vendors
The Comité International Radio-Maritime (CIRM) has released the ‘CIRM Cyber Risk Code of Practice for Vendors of Marine Electronic Equipment and Services’, and a supporting document which provides guidance on implementing the Code.
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Suspension for hulls not seats
Yanmar has signed a technology transfer agreement with the aim of commercialising its vessels by utilising marine suspension technology.
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James Morfee: MacKay Marine Engineering
You might assume that vessel design would present the steepest challenge for a new type of electric ferry to be launched this spring, but no, for James Morfee of McKay, New Zealand, “it”s the charger”.
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Dutch money for short-sea shipping sector
The Dutch State Secretary for Economic Affairs and Climate Policy, has inaugurated the €250 million NesecShipping Debt Fund.