Damen Financial Services (DFS) and Siemens Financial Services (SFS) have established a new vessel financing facility called Damen Ship Lease (DSL). The new setup is now one of the funds in the Damen Ship Lease Cooperation portfolio, which is managed…

WinGD has landed a contract for two six-cylinder X-DF-A ammonia-fuelled engines from Singapore-based tanker company AET, a subsidiary of Malaysian International Shipping Corporation. The engines will be the first ammonia dual-fuel units to be…

Australia-based Fortescue has successfully completed renewable fuel trials on its Singapore-registered tug, Fortescue Green Pioneer, in the Port of Singapore. These latest trials, involving propulsion and manoeuvrability tests, following the delivery…

UK-based Bibby Marine has ordered what is claimed to be the world’s first electric service operation vessel (eSOV) at Astilleros Gondán in Asturias, Spain. The zero-emission vessel is to have an advanced battery system and dual-fuel methanol engines.…

Kongsberg Digital, supported with funding from the Norwegian Seafood Research Fund, has completed a project to use simulation technology to improve the safety and improve productivity of purse seine fishing.

The technology company has revealed…

Artificial intelligence developer, DeepSea Technologies, dry bulk shipowner G2 Ocean – a joint venture of Gearbulk and Grieg Maritime Group - and Norwegian research firm SINTEF, have announced completion of an artificial intelligence (AI)-optimised…

A crew transfer vessel (CTV) is to have its diesel engines replaced with a fully electric zero-emission Volvo Penta Inboard Performance System (IPS). The result of the retrofit will be the arrival of the world’s first electric crew transfer vessel,…

Bilbao-based multinational energy company, Iberdrola, is to use energy trading software from Volue, a publicly traded Norwegian firm, to optimise power scheduling and algorithmic trading in the German and French energy markets.

The Spanish company…