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Lighthouse Ship Management reduces fuel costs on coaster vessel 33 per cent with BERG Propulsion retrofit

Lighthouse Ship Management AS has steered one of its managed general cargo vessel coasters through a BERG Propulsion retrofit project which the Norwegian shortsea...

Robotic hull cleaning company ECOsubsea takes NOK 69m “green growth loan” from Innovation Norway

The Austevoll-based company undertook its first commercial clean in Singapore in the autumn, using its first next-generation cleaning robot dubbed the ‘Pink Panther’. Cleanings...

“K” Line, Kyokuyo Shipyard, Mitsui E&S and Sumitomo join Japan maritime digital twin project

Four new companies—Kawasaki Kisen Kaisha, Ltd. (“K” LINE), Kyokuyo Shipyard Corporation, Mitsui E&S Shipbuilding Co., Ltd., and Sumitomo Heavy Industries Marine&Engineering—have joined the collaborative...

Baltic Exchange and Veson Nautical offer Baltic99 questionnaire to dry bulk sector

Baltic Exchange, the world’s only independent source of maritime market information for the trading and settlement of physical and derivative contracts, and Veson Nautical,...

CIBC agrees $20m debt financing for ZeroNorth

CIBC Innovation Bankingtoday announced that it has provided a $20 million USD debt financing toZeroNorth, a technology company focused on the maritime industry. ZeroNorth...

Ag Shippers: New Shipbuilding Rules Would Make U.S. Exports 'Unaffordable'

U.S. agriculture shippers are warning that a proposal to boost domestic shipbuilding could cripple the country's exports of agricultural and other products. "Agriculture is high...

Valmet secures marine methanol fuel automation order in China

The contract includes a full automation package with a methanol control system, SIL2-compliant safety system, and four communication ports.Valmet has secured an order to...
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