Japanese shipping line Nippon Yusen Kaisha (NYK) has signed an agreement together with NYK Bulk & Projects Carriers, compatriot shipbuilder Tsuneishi and British utility Drax to develop the world’s first biomass-fuelled vessel by the end of this decade. A memorandum of understanding, signed at the British Embassy in Tokyo, will see the companies initially look ..read more

Shipping company Maris Fiducia Norway has entered into cooperation agreements with maritime technology company HAV Hydrogen and hydrogen producer Norwegian Hydrogen for developing, building, and operating hydrogen-powered dry bulk vessels in Europe. The vessels are designed by Dutch ship designer Ankerbeer. Upon successful realization of the project, the vessels will go on hire through a ..read more

Thetius, a British maritime tech research firm, is launching an IT cost benchmarking club for shipowners.  “The integration of new technologies, from cloud-based systems to advanced cybersecurity measures, has shifted IT from a support function to a central business pillar. Yet, without a clear standard for investment and performance, many organisations find themselves navigating blind ..read more

It was a captivating final debate at the opening day of the inaugural Geneva Dry event a week ago, which saw panellists examine the future of fixing ships and the future of broking as a long-lasting integral part of the shipping industry. Hosting the panel, Tim Huxley, head of Mandarin Shipping and one of the ..read more

After the first session of the inaugural Geneva Dry conference chewed over digital efficiency drivers across the dry bulk supply chain, the second session of the day followed a similar – digital – path and looked at how large amounts of shipping data could be turned into actionable solutions. The session was opened by its ..read more

The first session at the first ever Geneva Dry conference tackled digital efficiency drivers across the dry bulk supply chain, smoothly moderated by Richard Watts from HR Maritime. The panel was tasked with outlining how digitalisation can enhance dry bulk shipping operations to the benefit of both shipowners and charterers. “It’s the wonders of our ..read more

Nabil Ben Soussia, group COO of IEC Telecom, examines the impact of rapid change on the satcom industry. Fast-paced evolution within the satellite communications sector is transforming business planning – with only short to medium term predictions feasible in today’s marketplace. Long term planning is now obsolete. Technology is developing so swiftly that business planning ..read more

Germany’s Hapag-Lloyd has become the first liner in the world to launch a fleet-wide dry container tracking product.  Hapag-Lloyd’s new Live Position product provides full on-demand door-to-door visibility, using Internet of Things technology on a large scale.  More than two thirds of the company’s dry container fleet have already been equipped with tracking devices with ..read more

Many green solutions for shipping are arriving onboard in containerised form. Spain’s H2SITE has unveiled its onboard ammonia cracking technology, which comes in a container, and produces fuel cell quality hydrogen. The technology has just received approval in principle from Lloyd’s Register  H2SITE’s AMMONIA to H2POWER technology Receives Approval in Principle from Lloyd’s Register with ..read more

The history of Burmester & Vogel (B&V) began in Hamburg in 1983 when Wieland Burmester and Andreas Vogel were introduced by a shipbroker to Alfred C. Toepfer International – now part of ADM, one of the world’s largest grain traders – and tasked with the challenge of building a fast, flexible, and accurate laytime calculator ..read more