Quantum Pacific: $40m 'Green Loan' for Scrubbers

Singapore-based Quantum Pacific Shipping (QPS) has received a loan from BNP Paribas to finance the purchase and installation of exhaust gas cleaning systems on its vessels. The loan up to $40 million is arranged on…

Shipbuilding

Torqeedo to Roll-out New Electric Boating Products

Torqeedo says it will display its new products for electric mobility with Torqeedo’s 2019 innovations and its full line of electric boating products in a forthcoming boat show. The makers of electric motors and hybrid…

Marine Propulsion

Goliat Field Vessel Switches to Battery Power

Norwegian subsidiary of Italian oil company Eni Norge AS and Stavanger shipping company Simon Møkster Shipping cut fuel consumption on the vessel Stril Barents in the Goliat field. According to a press release from the…

Technology

RH Marine Optimises Energy Management System

Dutch maritime system integrator RH Marine succeeded in incorporating battery lifetime prediction for vessels into its fuel saving Energy Management System (EMS). The solutions provider of electrical and automation…

Marine Propulsion

Ardmore Shipping Refinances Three Vessels

Bermuda-based product and chemical tankers owner Ardmore Shipping Corporation announced that it has signed binding agreements for the refinancing of three vessels. The provider of seaborne transportation of petroleum…

Environmental