Wartsila Q2 Profits Dip on Weaker Demand

Finland's Wartsila Oyj missed second-quarter forecasts on Thursday and warned it expects demand to weaken for both its marine and energy businesses in the coming 12 months, sending shares in the engineering firm 8…

Technology

IMO2020: The Rise of Bulk Liquid Hydrogen in Norway

Imagine a power distribution network where excess renewable energy from hydropower, wind, solar, and nuclear energy is converted to hydrogen and used as transportation fuel in the maritime industry. With the allure of a…

ABS, MARIN Launch Wind Propulsion Project

The classification society ABS and Netherlands based research institute MARIN have launched a Joint Industry Project (JIP) to investigate transparent and validated methods to assess performance of wind-assisted shipping…

Marine Propulsion

Swedish Electric Ferry Gets Superfast Charging

Swedish power company Vattenfall and compatriot electric ferry propulsion systems and marine consultancy platform Echandia Marine cooperate on electric ferry with superfast charging. Vattenfall and Echandia Marine have…

Marine Propulsion