NSSLGlobal To Collaborate With SOIC Ship Management AB To Supply Its Satellite Communication Services To The World’s Largest Ocean-Going Wooden Sailing Ship, The Götheborg Of Sweden

NSSLGlobal signs a two-year partnership with SOIC

NSSLGlobal, a leading satcoms company in the cleantech portfolio of Arendals Fossekompani the Norwegian investment house, has partnered with SOIC Ship Management AB to bring the latest satellite communications technology to the Götheborg of Sweden, a full-scale working replica of the world-famous 18th century sailing ship.

The Götheborg of Sweden was the most advanced merchant sailing ship in the 1700’s and a symbol of Sweden’s entrepreneurial spirit. It is the world’s largest ocean-going...


MacGregor To Supply All-Electric Roro Equipment For Four PCTC Vessels

MacGregor Has Received A Significant Order To Supply All-Electric Roro Equipment To Four PCTC Vessels

MacGregor, part of Cargotec, has been selected to supply RoRo equipment for four RoRo vessels to be built by the Guangzhou Shipyard International Co., Ltd for H-Line Shipping, Korea.

The significant order was booked into Cargotec’s 2022 second quarter order intake. The vessels are scheduled to be delivered to the owner starting in Q2 2024 and are expected to be completed in Q2 2025.

The order consists of all-electrically operated RoRo equipment: quarter ramps, side ramps, internal movable ramps,...


India’s First-Ever Hydrogen Electric Vessel Expected To Be Delivered By April 2023

India's First-Ever Hydrogen Electric Vessel

India’s first indigenously built Hydrogen-powered electric ship is expected to be successfully delivered by March–April 2023, mentioned Madhu S Nair, the Chairman and MD of Cochin Shipyard Limited (CSL), as reported by ANI.

At a press conference on Thursday in Kochi, Nair mentioned that the building of India’s first-ever indigenous hydrogen-powered electric vessel is the country’s pilot project. The engineering of the assignment is complete, and the construction is expected to kick start soon as...


Avenir LNG Signs MOU With Oxelösund Hamn AB To Build An LNG Terminal In Oxelösund Port, Sweden

Avenir LNG Signs A MOU With Oxelösund Hamn AB

Avenir LNG Limited (N-OTC: AVENIR) announced it has signed a Memorandum of Understanding (“MOU”) with Oxelösunds Hamn AB for the development and construction of an LNG/BioLNG Terminal in the Port of Oxelösund, Sweden. As part of the agreement, Avenir intends to acquire 100% of the shares in OXGAS AB, the dedicated project company for the Terminal which is currently owned by Oxelösunds Hamn AB.

OXGAS AB has secured all environmental and construction permits required to build the LNG/BioLNG...


Pakistan Navy Rescues Nine Crew Members From India After Ship Capsizes In The Arabian Sea

Pakistan Navy Rescues Nine Crew Members From India After Ship Capsizes In The Arabian Sea

The Pakistani Navy said on Thursday that it rescued and saved nine crew members from India from drowning after their vessel reportedly capsized in the Arabian Sea.

The incident occurred on 9 August close to the coastal town of Gwadar in Balochistan when the Indian sailing vessel named “Jamna Sagar” reportedly sank with ten crew members onboard; Pakistan Navy’s Director General of Public Relations mentioned in a statement.

Image for representation purpose only

The navy got the news of the vessel,...


Diana Shipping Inc. Acquires Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings Inc.

Diana Shipping Inc. Announces The Acquisition Of Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings Inc.

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has agreed, through separate wholly-owned subsidiaries, to acquire nine modern Ultramax dry bulk vessels built between 2015 and 2018, with an average vessel age of approximately 5.4 years, from Sea Trade Holdings Inc. (“Sea Trade”), an unaffiliated third party. The vessel deliveries are expected to occur during the fourth...


Damen’s First All-Electric Tug Delivered To Ports Of Auckland

Damen’s First All-Electric Tug Sparky Delivered To Ports Of Auckland

New tug receives her Māori name, ‘Tiaki’, in a special blessing ceremony

In a major milestone Damen’s first all-electric harbour tug, the RSD-E Tug 2513, was officially delivered to its new owner, Ports of Auckland (POAL). The revolutionary tug was named Sparky and also received her Māori name, ‘Tiaki’, in a special blessing ceremony held in Auckland on August 8.

This powerful new tug, which has a 70-tonnes bollard pull, is capable of manoeuvring even the largest vessels and can undertake two or...


Unknown Merchant From China Spends $376 Million To Buy 13 Cargo Vessels

An unknown China-based merchant has reportedly spent about $376 million to purchase 13 tankers to enable ship-to-ship transfers of Russia’s crude in the waters of the mid-Atlantic, data shared by a maritime intelligence site named Lloyd’s List highlights.

The report mentions that an unknown Chinese buyer has reportedly acquired five Aframax tankers, seven big crude carriers, and a Suezmax vessel via purchases between China and Hong Kong. The buyer purchased ten ships from May to July, and 13 are...


South Korean Shipbuilders Account For Almost 55% Of Global Vessel Orders In July 2022

South Korean Shipbuilders Account For Almost 55% Of Global Vessel Orders In July 2022

South Korean shipbuilders won 55% of global shipping orders in July 2022, maintaining their top position.

On Wednesday, per the Trade Ministry, worldwide ship orders in July 2022 were 2.11 million CGT (about USD 5.3 billion). Reportedly, Korean shipbuilders accounted for 55% of the worldwide shipbuilding order volume and 57% of the order amount. About 72 vessels were ordered in July, including 17 container vessels, 16 tankers, 11 bulk carriers, 12 LNG carriers, and 16 others. The proportion of...


De Vlaamse Waterweg And Port Of Antwerp-Bruges Maintain The Water Level In The Docks And The Albert Canal

Temporary Pump Installation

The Albert Canal is a lifeline for this country. Not only is it an important shipping route from the port of Antwerp to the hinterland along which many companies and industries are located, but is also the source of 40% of the drinking water in Flanders. Normally, the Meuse provides the supply of water in the Albert Canal. However, due to the ongoing drought in Flanders, the water level of the Meuse is currently at an all-time low.

And this in turn means that the Albert Canal is also currently...


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