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ABS endorses innovative Ned Project wind turbine installation vessel design

Los Angeles – ABS has awarded Approval in Principle (AIP) to Ned Project Inc. for its hydrogen-ready wind turbine installation vessel (WTIV) design. The NP20000X ULAM design is intended to be Jones Act Compliant and able to meet future offshore wind market demands, specifically operations involving 15-20 MW wind turbine installations. Its innovative approach loads

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Russia’s major Baltic oil port eyes mega-container role

Primorsk, Russia’s major Baltic oil port and the end-point of its Baltic Pipeline System, is on the verge of seeing construction start that will transform the port into a multi-purpose facility for up to 3m TEU annually, reports The Loadstar daily newsletter. Dubbed Primorsk Universal Port Complex (PUPC), it will be built on a 760

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Cosco acquires minority stake in Hamburg container terminal

Hamburg – Cosco Shipping Ports Limited (CSPL), the terminal subsidiary of the Cosco Shipping Group, has acquired a 35 percent minority share in the Hamburg container terminal Tollerort. HHLA expects the participation to strengthen the relationship with its Chinese partner, as well as long-term planning security for Container Terminal Tollerort (CTT) and secured capacity and

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More than 150 industry leaders and organizations call for full decarbonisation of global shipping

Copenhagen, Denmark– Full decarbonization of international shipping by 2050 is urgent and achievable. This is the clear message from more than 150 industry leaders and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports, and infrastructure. In conjunction with the UN General Assembly and ahead of critical climate negotiations at COP26 in Glasgow this November,

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Great Lakes St. Lawrence Governors and Premiers announce series of actions 

Chicago, Illinois – The Great Lakes St. Lawrence Governors and Premiers today announced a series of actions to protect the environment, promote sustainable economic growth, improve transportation and boost international trade.    “I’m proud of the bold agenda we’ve put forth to grow our economies while protecting the Great Lakes watershed that connects all of us,”

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