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Finance

IMO Encourages Investments in Alternative Fuels

Technological innovation and the global introduction of alternative fuels and/or energy sources for international shipping will be integral to achieving the overall ambition in the Initial International Maritime…

Technology

BW LPG Chooses New MAN B&W ME-LGIP Technology

MAN Energy Solutions has announced the first retrofit orders for its new MAN B&W ME-LGIP LGP-powered engine. The contract with Oslo-listed BW LPG involves the world’s first retrofitting of four MAN B&W 6G60ME-C9.2…

Contracts

Total to Set Up LNG Bunkering Hub in Oman

French energy group Total said it had signed a memorandum of understanding with the government of Oman to develop natural gas resources in the country. "Total and Shell as operator will develop several natural gas…

Tankers

Japan: An LNG Bunkering Hub?

New study examines Japanese government strategy for creating infrastructure for environmentally-friendly ship fuel. A new report by the Intrernational Transport Forum at the OECD assesses Japan’s ambition to become an…

Contracts

PBES Inks Manufacturing Deal with Elpro

PBES and Elpro Solutions AS announced that they have entered a manufacturing agreement for PBES battery systems. The agreement with Elpro provides PBES with the ability to meet the demand for its product with greater…

Technology

WinGD X-DF Runs on NG-VOC mix

WinGD and Wärtsilä Gas Systems have tested a NG-VOC (Natural Gas - Volatile Organic Compounds) fuel mix for the WinGD X-DF engine, selected to power two 125 000 dwt Shuttle Tankers for AET. Guests from AET, Statoil, OSM…

Finance

Virtue Investment Pumping up to $5 Mln into PBES

PBES and Virtue Investment Fund today announced the completion of terms and transfer of first tranche of funds for an investment into PBES’ parent company TTB Holdings. In a first investment phase Virtue Investment is…

Ports

Hybrid Patrol Boat Launched at Port of Rotterdam

A new hybrid patrol vessel has entered into service last week at the Port of Rotterdam. The new 25-meter vessel, the RPA 8, can run on both diesel and diesel-electric, and causes less vessel wake and is much more…

Ports

MPA Pumps $8.9 Mln More into Singapore's LNG Bunkering

The Maritime and Port Authority of Singapore (MPA) has injected another S$12 million (US$8.9 million) to boost liquefied natural gas (LNG) bunkering in the Port of Singapore. Half of this S$12 million has been set aside…

Marine Propulsion

Wärtsilä, GTT Partner on LNG Solutions

Wärtsilä and GTT finalized a cooperation agreement at the Marintec conference and exhibition in Shanghai, China on December 5. The aim of the cooperation is to explore potential business opportunities in the marine…