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People & Company News

Wartsila Projects 2016 Profit Growth

Finnish industrial engine maker Wartsila reported higher quarterly earnings on Wednesday and forecast improved margins this year, hoping growth in services would offset sluggish demand for ship technology. The company…

Marine Propulsion

Wärtsilä to Power Shell's 15 LNG Barges

A series of 15 inland waterway barges being built for Belgium based Plouvier Transport N.V., and which will be chartered by Shell Trading Rotterdam (Shell), are to be powered by Wärtsilä dual-fuel main engines. The…

Marine Propulsion

LR Establishes New Notion for LFPF

Lloyd’s Register (LR) has developed a new notation for low-flashpoint fuels (LFPF), allowing owners and shipyards to demonstrate that their design and construction meet requirements.The notation will come into effect as…

People & Company News

Gothia Orders Four LNG-Powered Tankers

Swedish cargo transporter Gothia Tanker Alliance has ordered four newbuilding intermediate product/chemical tankers with LNG propulsion. The vessels will be built to a design, developed by FKAB and Furetank, with close…