Anemoi Marine Technologies Ltd (Anemoi) and Nantong COSCO KHI Ship Engineering Co. Ltd (NACKS) have developed new wind-assisted propulsion (WAPS) integration solutions for Ultramax bulk carriers as the vessel segment prepares for rapid fleet growth. Two configurations designed to streamline installation and enhance fuel-saving potential...
Procureship, the maritime industry’s leading e-procurement platform provider, has recently welcomed more than a dozen major shipowners from across Asia and the Middle East to its platform as part of its global expansion into leading shipping hubs beyond Europe.Since launching its operations in Singapore at the end of 2023,...
EcosNavis Solutions is developing a next generation wind-assisted propulsion system designed to enhance the performance and commercial viability of Flettner-type rotor sails for deep-sea shipping.The company’s Eco Rotor Sail introduces a patented tail-appendage device designed to increase thrust, reduce power demand, and widen...
GTMaritime is warning that shipping faces increasing operational disruption, fraud and safety risks as cyber threats exploit limited visibility of onboard systems.As vessels become more digitally connected, many operators still lack a clear, up-to-date view of the systems and software running across their fleets. Without that visibility...
Japan Engine Corporation and Kawasaki Heavy Industries, Ltd. are jointly engaged in Green Innovation Fund Project “Development of Marine Hydrogen Engines and MHFS” of the New Energy and Industrial Technology Development Organization (NEDO), in cooperation with Mitsui O.S.K. Lines, Ltd., MOL Drybulk Ltd., Onomichi Dockyard...
The global ship recycling market is moving into a more difficult quarter, with rising costs, rising steel prices, possible slowdown in local steel demand, energy shortages and exchange risks. Even within the Indian sub-continent these parameters can have differing impacts. As of today, Bangladesh and Pakistan hold firmer ground...