Investments in Wind Assisted Propulsion Systems are likely to become easier to assess in advance with a new Horizon Europe project. The Advanced Wind Energy System Optimisation & Monitoring for Efficiency (AWESOME) initiative will provide validated…

The Volkswagen (VW) Group has sold a 51% stake in marine engineering giant, Everllence, to Boston-based private equity group, Bain Capital. The leveraged buyout generates proceeds of about EUR 7.4bn for the vehicle manufacturing company.

The…

The 2014-built container ship, Seaspan Yangtze, is the first of five dual-fuel retrofits for Hapag-Lloyd and PrimeServ’s 30th alternative fuel project. The refit was carried out at Cosco Shipping Heavy Industry (Shanghai).

The 10,100-TEU vessel,…

The Korea Coast Guard (KCG) has selected mtu engines from the Rolls-Royce subsidiary for two major patrol boat projects over the next 15 years. The German engine firm will supply engines for both the new 50-ton and 500-ton patrol boat projects.

The…

Australian mining giant, Fortescue, and Bocimar, CMB.TECH’s bulk carrier subsidiary, have signed an agreement for the charter of up to 12 ‘ammonia capable’ Newcastlemax bulk carriers.

Up to three of the dual-fuel ammonia vessels are likely to enter…

British maritime tech firm, BMT, and Australian shipbuilder and defence firm, Austal, have signed a strategic agreement to collaborate on commercial ship projects, providing scalable ship design and boosting engineering capacity.

The agreement,…

Classification society Lloyd’s Register (LR) has issued the first Type Approval Certificate to Belgium-based BeHydro for its 100% hydrogen marine engine. The company, a joint venture between Anglo Belgian Corporation (ABC) and CMB.TECH, has developed…

Cyprus-based RoRo owner, Sallaum Lines, has signed up with Xiamen Shipbuilding in China for two, option two, 8,600-CEU pure car truck carriers (PCTCs). The vessels will be the shipowner’s largest so far.

With five liftable decks, the 200m-long PCTCs…