Nautilus Labs, the technology firm advancing the efficiency of ocean commerce through artificial intelligence, announced their partnership to optimize fleet performance with joint venture partners Carisbrooke Shipping and SMT Shipping. Both Carisbrooke, based in Cowes UK, and SMT, based in Limassol, Cyprus, are dry cargo and multi-purpose vessel owner/operators. Carisbrooke and Nautilus originally launched their […]
Data from eeSea’s Blank Sailings Tracker is showing that 1.7% and 0.6% of head haul sailings on the three main East/West liner trades have been cancelled in February and March 2021 respectively, compared to the 19.9% and 9.4% sailings cancelled in the same months last year. Very few sailings have so far been cancelled for […]
Fluechem, the UK based specialist supplier of chemical bunkering solutions has launched a revolutionary new system that allows shipping owners to create their own Urea solution onboard. Launched at the end of 2020 the Urea Generator by Fluechem was born out of a deep understanding of the challenges faced by the shipping industry and in […]
Hutchison Ports Port of Felixstowe will be the largest UK port to deploy 5G technology and the Internet of Things (IoT) to enhance productivity, efficiency and safety across its core operations. Using a 5G Private Network installed by Three UK, the port’s installation has been selected as part of the Government’s 5G Trials and Testbeds […]
The state of New York announced a new training initiative to develop a workforce for the renewable energy industry which it says is part of the largest public investment in offshore wind workforce development by any state in the U.S. In its first phase, New York’s Offshore Wind Training Institute (OWTI) will train 2,500 workers […]
Karatzas Marine Advisors & Co. has been mandated as the Exclusive Shipbroker / Shipbroker of Record for the Sale of the Thirty-Five (35) modern, well-maintained jumbo open hopper Barges. As per Mandate, Karatzas Marine Advisors & Co. is pleased to invite interested parties to certain information on the Assets, inspections of the Assets and offers […]
A group of 85 institutional investors representing over $2 trillion in assets, joined forces calling on the United Nations to take further action to address the ongoing humanitarian crisis for seafarers brought on by the global restrictions enacted to control the coronavirus. In an open letter to the UN Secretary-General, the investors in consultation with key […]
Siemens Gamesa and Siemens Energy have announced a major investment in R&D on an offshore wind-powered green hydrogen production system. The two companies will be spending about $150 million to develop the project, making it one of the largest private investments to date in this niche. “I don’t know any other company that combines wind […]
Concordia Damen has selected Veth Propulsion by Twin Disc as the bow thruster supplier for a large-scale project – a series of 40 Parsifal LNG tankers. On Friday, December 18, 2020, both parties signed the contract for the delivery of 40 efficient Veth Steering Grids and accompanying electric motors. The first bow thrusters will be […]
A Russian Navy officer is under investigation for conspiring to steal two bronze propellers from his own ship, according to Russian state media. “An officer, as part of an organized group, together with other military personnel and civilians, stole two bronze propellers with a total weight of 26 tons from the ship,” said Sergei Sharshavykh, […]
The South Carolina Ports Authority reports that it finished 2020 with its strongest December on record, with strong volumes for containers, vehicles, and at its inland ports. The Authority is looking to build on this strong momentum by investing in the Port of Charleston to support continued growth in 2021. “The pandemic created unprecedented challenges […]
As the cruise industry approaches the one year mark in its suspension of service, regulations and global efforts to contain and mitigate the coronavirus continued to hinder the cruise lines’ ability to resume service. While a few large cruise ships have been successful in resuming limited operations, the latest outbreaks of the virus are again […]
