UK-based maritime design and applied technologies company Artemis Technologies is taking Northern Ireland’s maritime capabilities into a new era as it brings its ‘flying’ electric foiling boats to international markets with £2 million (about $2.5 million) backing from financial services company HSBC UK. Artemis Technologies Artemis Technologies will be using the
Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000 DWT Kamsarmax bulk carrier. Image credit LR The design, which was unveiled with the announcement of a joint development project earlier this year, features methanol propulsion and rotor sail
China state-owned shipping company Shandong Shipping Corporation has been linked to an order of four methanol dual fuel bulkers from compatriot Qingdao Beihai Shipbuilding Heavy Industry. The 325,000 dwt vessels will be time chartered to Brazilian mining giant Vale, according to a recent report from Intermodal. Each unit will cost
SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. Courtesy of SSE Thermal By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through
Dutch logistics company Samskip Group has secured financing for its zero-emission short-sea container vessel through a strategic partnership with Eurazeo and Ness, Risan & Partners (NRP). Image by Naval Dynamics The €22.5 million funding, part of the Eurazeo Sustainable Maritime Infrastructure (ESMI) fund, marks the fifth transaction for the initiative. The
A consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the Atlantic area.
Singapore, a global maritime bunkering hub, has welcomed the delivery of its first methanol bunkering vessel, marking another stride in its commitment to serve as a living lab for bunkering alternative fuels. This aligns with the broader maritime industry’s efforts toward decarbonization. Image credit: BV Namely, Stellar Shipmanagement Services Pte,
Belgian maritime innovator Zulu Associates has revealed a new concept design for its 200 TEU autonomous short sea container vessel, the Zulu MASS, featuring an auxiliary wind assistance system. Zulu Associates The new design has been produced by Dutch ship naval architects Conoship International, according to Antoon Van Coillie, Zulu
The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. Hydrotug 1, Image credit: Port of Antwerp-Bruges The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a