World’s first methanol-fuelled towboat to launch in 2023

Maritime Partners in cooperation with Elliott Bay Design Group, e1 Marine and ABB, announces that the M/V Hydrogen One, the world’s first methanol-fuelled towboat, will launch and be available for charter in 2023 to meet the pressing demand for sustainable towboat operations. Decarbonising towboats – squat, powerful vessels used to push barges – poses substantial […]

ePropulsion secures funding to advance R & D in innovative technology

ePropulsion, a global leader and market challenger in marine electric propulsion systems and services, has today announced that it has secured hundreds of millions of RMB in B+ Series funding, equating to tens of millions of US dollars. The funding was acquired from investors including Lightspeed China Partners and other existing shareholders who believe in […]

Ingolf Sætrevik joins Dualog to boost initiatives, bringing ship and shore closer

Leading maritime software provider Dualog has called on shipowners and managers to embrace the integrated ship as part of their business processes. A major challenge has been to standardise and being able to efficiently share data. This is why the company has invested more than €5 million in developing new software which will enable the […]

Boers staff vaccinated as Covid cases surge in Europe

Boers has confirmed that all employees at the Dutch crew services specialist are vaccinated against Coronavirus, having voluntarily decided to get jabbed as cases across Europe surge, partly because of the low vaccine take-up in several countries. Each staff member chose to get double jabbed to cut the risk of catching or spreading Covid-19 at […]

New guidance published for container loading on bulk carriers

The Korean Register (KR) has published guidance outlining the technical measures necessary to safely load and carry containers on bulk cargo ships. With the recent unprecedented boom in the maritime transport market, demand from shipping companies wanting to load and transport containers on bulk cargo ships has increased significantly as a way to resolve the […]

Serious hike pushes long-term ocean freight rates up 121%

Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2% year-on-year. The latest developments, revealed in the Xeneta Shipping Index (XSI®) Public Indices, stand as the second largest monthly rates rise on record, following a 28.1% jump in July this […]

Synergy Group achieves first ever Green Award for a container ship

Ship manager Synergy Group has demonstrated its commitment to best-in-class operations and environmental performance by successfully securing the first ever Green Award for a container vessel. Synergy Group secured the certificate for the CAP SAN MALEAS, a 2014-built, 131,095 dwt container vessel, after undergoing the Green Award’s quality, safety and environmental performance audit. “The Green […]

Digital connectivity is evolving as maritime operators demand more from satcom systems

The business of digital communication is changing and digital service providers need to keep pace in order to stay relevant and meet customer needs. Added value and comprehensive service are now the expectation as the shipping industry’s use of digital communication matures and operators require more from their VSAT connection. And essential back-up systems can […]