WinGD’s Short-Stroke Engine Passes Shop Test
WinGD will record the first installation of its new X-S short-stroke engine design following successful factory acceptance tests with engine builder Dalian Marine Diesel in March.The six-cylinder, 62cm-bore 6X62-S2.0 engine will be installed…

Iron Ore Shipments Up 3.8% Despite Weak Chinese Demand
In the first quarter of 2024, global iron ore shipments rose 3.8% y/y on expectation of strong Chinese steel production which, however, failed to materialise. Iron ore supply has grown faster than Chinese demand which could lead to weaker shipments ahead…

ABB to Provide Hybrid-Electric Propulsion for MaineDOT Ferry
ABB has been selected by Maine Department of Transportation (MaineDOT) to supply a comprehensive grid-to-propeller solution for the new double-ended, hybrid-electric ferry that will provide essential services between the town of Lincolnville…

BMT Partners with DNV to Accelerate Australian Landing Craft Design
BMT has signed a Memorandum of Understanding (MoU) with DNV that will accelerate BMT’s development of an Australian version of our CAIMEN® Large Design for the future Landing Craft – Heavy (LC-H) program for the Australian Army.Under this MoU…

Red Sea Conflict Brings Massive Carbon Emissions Increases
Conflict in the Red Sea has brought massive carbon emissions increases in ocean freight container shipping, according to data just released by Xeneta.The Xeneta and Marine Benchmark Carbon Emissions Index (CEI), which measures carbon emissions…

ICS Publishes New Edition of Shipping and the Environment: A Guide to Environmental Compliance
International Chamber of Shipping (ICS) Publications has launched the fifth edition of Shipping and the Environment: A Guide to Environmental Compliance.This latest edition offers comprehensive updates and expanded insights into the intricate…

U.S. Installed Offshore Wind Capacity Jumps in First Quarter
Installed offshore wind capacity in the U.S. grew to 242MW in the first quarter of the year from 42MW in the previous quarter, the Oceantic Network said in its report, showcasing a recovery in a previously volatile industry.The offshore wind…

Suez Canal Rescue Teams Prevent Ship from Sinking
Suez Canal Authority rescue teams prevented Tanzanian-flagged cargo ship Labatros from sinking before passing through the waterway, the canal's authority said on Tuesday.The ship's 12 crew members were safe and work is currently underway to inspect the technical condition of the ship, the statement

Trans Mountain Expects First Ship to Load from Expanded Pipeline in May
The first tanker carrying crude from the expanded Trans Mountain pipeline is expected to load at the Port of Vancouver in the second half of May, the company building the project said on Tuesday.The expanded pipeline, which will carry an extra 600,000 barrels per day of oil from Alberta to Canada's

Subsea Vessel Market is Full Steam Ahead
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…