.: 15-May-2024 :. |
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Shipping is a dirty business. Cleaning it up is lucrative South Korea’s tech-heavy stock market has found inspiration in an underappreciated sector of the nation’s sprawling economy. HD Hyundai Marine Solution Co. raised more than $500 million in its initial public offering last week and immediately found momentum: The stock doubled in the first few days of trading, taking its market value past $5.8 billion... -The Economic TimesPosted On:15-May-2024
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Sharrow Marine Wins Fast Company World Changing Ideas Award for Sharrow™ Propeller Sharrow Marine, a leader in marine propulsion technology, has been recognized with a Fast Company 2024 World Changing Ideas Award for their Sharrow™ Propeller, a groundbreaking advancement in propeller technology. The propeller features a unique twisted and curved blade design that improves efficiency, reduces noise pollution, and minimizes the environmental impact of boating... -Crew MirrorPosted On:15-May-2024
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Lloyd’s Register Gives Aip to Ricardo for Containerized Fuel Cell Power Plant Consulting company Ricardo has received approval in principle (AiP) from Lloyd’s Register for its multi-megawatt containerized fuel cell power plant solution. The technology aims to support decarbonization in the maritime industry. Ricardo is now testing the RFC500 module and assembling the marine containerization system at its UK facility... -Crew MirrorPosted On:15-May-2024
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Adani Ports Targets Handling a Billion Tonnes of Cargo, Expanding Globally Adani Ports and Special Economic Zone Ltd (APSEZ) aims to handle a billion tonnes of cargo in the coming years, prompting plans for aggressive global expansion. APSEZ currently operates 15 ports/terminals in India with a capacity of 627 million tonnes annually, recording significant growth in domestic cargo volume... -Crew MirrorPosted On:15-May-2024
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IRClass Withdraws Security Protection from Russian Tankers Under US Sanctions India's ship certification authority withdrew security protection from Russian oil tankers under US sanctions, turning to a domestic provider. Insurers and manufacturers also withdrew coverage from the Russian tanker fleet. IRClass provided certification for Russian ships, but the US Treasury imposed sanctions on some ships, leading to changes in certification and ownership... -Crew MirrorPosted On:15-May-2024
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ClassNK partners with StormGeo for seamless emission data sharing ClassNK and StormGeo have joined forces to streamline the sharing and verification of emission data. This partnership is a significant milestone, allowing shipping companies using StormGeo's s-Insight platform to seamlessly share validated emissions data with ClassNK MRV Portal for efficient verification... -Crew MirrorPosted On:15-May-2024
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Women in Maritime Industry: Advice for Success and Breaking Gender Stereotypes Celebrate International Day of Women in Maritime with inspiring words from Sara and Marta of Disney Cruise Line. Encouraging women to believe in themselves, pursue their passions, seek out mentors, and embrace their unique perspectives. Working hard pays off, and with determination, anything is possible in the maritime industry... -Crew MirrorPosted On:15-May-2024
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Port of Hamburg Makes History with Shore Power for Containers and Cruise Ships The Port of Hamburg in Germany has made history by becoming the first port in Europe to offer shore power for both container and cruise vessels. After years of supplying cruise ships with shore-side power, this technology is now being utilized for cargo ships as well. CMA CGM’s Vasco de Gama was the first containership to use shore power... -Crew MirrorPosted On:15-May-2024
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Empowering Seafarers: Charting a Course for Success The 3rd Safety4Sea Manila Forum focused on ship safety and the human factors impacting this standard in the maritime industry. Held on April 23, the conference highlighted the importance of creating an improved shipboard environment that prioritizes seafarer welfare. Topics discussed included the Human Factor in Decarbonization, the Role of AR/VR in Maritime Training, and Competency Requirements for Seafarers... -Crew MirrorPosted On:15-May-2024
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Biofuel Initiative: Hapag-Lloyd Teams Up with Scan Global Scan Global Logistics (SGL) and Hapag-Lloyd have joined forces in a multimillion-dollar partnership to integrate biofuels into their shipping operations. This initiative aims to help customers reduce carbon emissions and support global efforts to combat climate change by utilizing biofuel derived from renewable sources... -Crew MirrorPosted On:15-May-2024
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Kidnapped Bangladeshi crew members return home Nearly two dozen Bangladeshi cargo ship crew members who were taken hostage by Somali pirates have returned home to a warm reception from their families after weeks of captivity. The MV Abdullah, carrying over 55,000 tonnes of coal from Mozambique to the United Arab Emirates, was seized by pirates around 550 nautical miles off the Somali coast in March... -Crew MirrorPosted On:15-May-2024
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Future-Ready Aluminum Vessels Being Built By Trio Singapore’s Strategic Marine has teamed up with Aircat Vessels from France and ESNA from Norway to build three 35-meter surface effect ships (SES) for the offshore oil and gas sector. These high-speed aluminum ships can reach speeds of up to 50 knots and have the ability to transfer passengers and cargo in waves of up to 2.5 meters... -Crew MirrorPosted On:15-May-2024
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NTSB Releases Preliminary Report on Baltimore Bridge Collapse The NTSB released a preliminary report on the collision between cargo ship dali and the Francis Scott Key Bridge in Baltimore, resulting in a collapse. The incident claimed six lives and the port was temporarily closed. The report details the events leading up to the accident and the ship's power outages. A criminal investigation is ongoing... -Crew MirrorPosted On:15-May-2024
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India and Iran Sign 10-Year Agreement for Chabahar Port Iran's PMO will procure essential cargo handling equipment for the Indian-financed Chabahar Port. IPGL will increase investment to $120 million from $85 million for the equipment supply. Delays due to Western sanctions on Iran have hindered the port's operations, but a new agreement aims to expedite equipment procurement... -Crew MirrorPosted On:15-May-2024
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