South Korea’s largest shipbuilding group has bought a Finnish hydrogen fuel cell maker. HD Hydrogen, a new unit of HD Korea Shipbuilding & Offshore Engineering(HD KSOE), is paying EUR72m ($81m) to take over Convion, a 12-year-old company developing solid oxide cell (SOC) technology. It has...
https://splash247.com/south-koreas-largest-shipbuilder-buys-finnish-fuel-cell-maker/
By Bloomberg News (Bloomberg) — China urged European nations to focus on the results of an investigation into damage to a key undersea pipeline last year after a senior Estonian official questioned a…
https://gcaptain.com/china-calls-for-professional-probe-into-balticconnector-pipeline-incident/
Chinese authorities have stated that Newnew Shipping’s container ship Newnew Polar Bear was responsible, albeit by accident, for damaging the Balticconnector subsea gas pipeline between Estonia and Finland last year. According to a report by the South China Morning Post, Chinese authorities have...
https://splash247.com/china-admits-responsibility-for-last-years-european-pipeline-destruction/
The CEO of Finnish shipowner Meriaura, Kirsi Suopelto, has resigned from her position to join a new employer. Suopelto will continue as Meriaura’s CEO until September 30. The company’s board has appointed the current chairman of the board, maritime counsellor Jussi Mälkiä, as the new CEO starting...
Eyeing an opportunity from a geopolitical tussle between the world’s two superpowers, Finland’s Konecranes is making a big pitch to sell its products in the US. In February this year, president Joe Biden signed an executive order setting in place a plan to replace the nation’s Chinese-built port...
By Malte Humpert (gCaptain) – The U.S. intends to create an Icebreaker Collaboration Effort (ICE) with Canada and Finland to overcome challenges of producing the next generation polar icebreaker and…
On the sidelines of this week’s NATO summit in Washington DC the US, Canada and Finland have agreed to work together to build more polar icebreakers. The so-called ICE Pact – which stands for Icebreaker Collaboration Effort – is a potential sizeable bonus for many shipyards in North America and...
In a joint statement released today, the leaders of the United States, Canada, and Finland announced their intent to create the Icebreaker Collaboration Effort, or ICE, Pact, which is a trilateral arrangement to collaborate on the production of polar icebreakers and other capabilities. This collaboration is intended to strengthen the shipbuilding industry and industrial capacity of each nation – and build closer security and economic ties among our countries through information exchange and...
https://www.marinelog.com/news/u-s-canada-and-finland-in-new-polar-icebreaker-ice-pact/
The investment arm of the GTT Group, GTT Strategic Ventures, along with Counterview Capital, Lifeline Ventures, and Tesi has invested in Seaber.io, a Finnish maritime software company specialising in the digitalisation of scheduling and chartering processes for bulk shipping. The Helsinki-based...
https://splash247.com/gtt-invests-in-dry-bulk-digitalisation-specialist/
A Swedish cargo shipping operator welcomes two hybrid newbuilds to its fleet as a Japanese yard launches an LNG-fuelled car carrier. Orders have meanwhile been placed for multi-purpose cargo vessels to be built in India and the first methanol-fuelled Ro-Ros for operation in Japan. Indian yard secures export orders for commercial vessels Indian state-owned shipbuilder […]