Maritime Propulsion News
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Maersk Join Forces to Develop LEO
A.P. Moller - Maersk alongside with Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss & Co. and, Marks & Spencer to explore LEO - a blend of lignin and ethanol - that could be part of the future solution for…
People & Company News
ExxonMobil Talks With Teekay Ahead of IMO 2020
The International Maritime Organization (IMO) has mandated a global 0.50% cap on the maximum level of sulphur in marine fuel. This new cap represents a significant reduction – down from the current 3.50% limit – and…
Shipbuilding
Clean Marine, FMSI to Merge
Scrubber manufacturers and suppliers Clean Marine and FMSI have unveiled their intention to merge in order to create a bigger market share in the exhaust gas cleaning system (EGCS) segment. The combined entity, which…
People & Company News
Norsepower Rotor Sails Saves Fuel
Finnish technology company Norsepower, along with project partners Maersk Tankers, Energy Technologies Institute (ETI) and Shell International Trading and Shipping Company Ltd., announced successful trial results of two…
Tankers
Caterpillar Profit Dips; 2019 Outlook Cut
Caterpillar Inc reported a 13.5% fall in quarterly profit on Wednesday, hit by weak demand in its construction and resources units, and the company cut its 2019 profit forecast . Profit attributable to common…
Marine Propulsion
Washington Gets Funds for Green Ferries
Washington State Ferries will begin the process of converting three Jumbo Mark II vessels from diesel to hybrid-electric power. The government agency that operates automobile and passenger ferry service in the U.S. state…
Marine Propulsion
