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Ocean Group wins Best Practices award
Ocean Group was named the recipient of the RH-Meilleures pratiques presented at the Fidéides evening of the Chambre de commerce et d’industrie de Québec (CCIQ). The Fidéides evening, held on October 27, is a recognized event in the business community of the Québec and Chaudière-Appalaches regions. It rewards companies that have distinguished themselves during the year by their business performance and the
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The shipping industry needs to set ambitious targets to help prevent global climate catastrophe, the International Transport Workers’ Federation (ITF) cautions in a new position paper launched today. There are currently more than 50,000 cargo ships on the world’s oceans, the majority of which run on low-grade, heavy ‘bunker’ fuel. Together, the ships emit as
New emission-free propulsion system for commercial vessels from Torqeedo and Italdraghe
Gilching, Germany – Torqeedo and Italdraghe today announced the joint development of an outboard, retractable electric propulsion system for commercial vessels in inland and urban waterways. The system combines Torqeedo’s Deep Blue high-voltage electric power system and Italdraghe’s proven and extensively field-tested steerable azimuth thrusters. It is designed to provide emission-free power and directional thrust ideal
K Line looks to artificial intelligence to keep ship machinery operational
Kawasaki Kisen Kaisha, Ltd. (“K” Line) and compatriot Kawasaki Heavy Industries, Ltd. (KHI) as well as Preferred Networks announced that they have concluded a co-development contract for “AI (Artificial Intelligence)-based Marine Machinery Operation Support System that is expected to be part of the core technology to achieve autonomous vessel operation in the future. The system
New Maritime Magazine now online
This autumn issue of Maritime Magazine (#102) has exceptional content as the global economy unevenly pursues post-pandemic recovery. Our annual feature on North Atlantic trade contains a revelation: Germany is showing signs of overtaking BREXIT-struck UK as Canada’s leading merchandise trading partner in Europe, a development that few would have ever dared predict! The special
Cosco Shipping increases ownership stake in Greece’s Port of Piraeus
Dalian, China — State-owned Cosco Shipping, has boosted its stake in Greece’s largest port from 51% to 67%. This reinforces its control over an important link in China’s Belt and Road initiative. “The company aims to help the port of Piraeus strengthen its position as a major port in the Mediterranean and become an important
Panama Canal posts record annual tonnage
The Panama Canal closed its fiscal year 2021 (FY21) with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), coming in 8.7% higher compared to the 2020 fiscal year (FY20) and 10% above tonnage registered in FY19, the waterway’s last pre-pandemic fiscal year. “I am grateful for and proud of our world-class workforce,
Wärtsilä’s engine to power McAsphalt’s LNG-fuelled asphalt carrier
Finland’s technology group Wärtsilä has received an order to supply a propulsion system for a dual-fuel asphalt carrier built for Canada’s largest bitumen industry dealer McAsphalt The vessel, which is being built by Chinese shipbuilding company Wuhu Shipyard, will be equipped with two 20DF dual-fuel engines, as well as the company’s controllable pitch propellers, gearboxes,