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DNV awards AiP to MOL and Mitsubishi Shipbuilding for new LCO2 carrier design
At Gastech 2022, DNV awarded an Approval in Principle (AiP) to Mitsui O.S.K. Lines, Ltd. (MOL) and Mitsubishi Shipbuilding Co., Ltd. (MHIMSB) for their design…
DNV urges cross-industry collaboration to help overcome “ultimate hurdle” of fuel availability in its latest decarbonization report
DNV has today unveiled its latest Maritime Forecast to 2050 report with a new focus on how to overcome the “ultimate hurdle” of fuel availability.
Svanehøj invests in a growing gas market: Develops new fuel pump for LNG-powered ships
With the launch of a completely new pump design for LNG, Svanehøj becomes the first supplier on the marine market to offer both deepwell pumps…
Asia coal price hits record as global hunt for fuel escalates
Thermal coal in Asia advanced to a record as a threat of supply disruptions adds new risks to a global energy sector already engulfed in…
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Drone market is estimated to be valued at US$ 279 Bn by 2032, identifies Fact.MR
According to Fact.MR's latest analysis, the drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, anticipated to reach US$…
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Square Mile Capital originates $97.5MM construction loan for the Tri County 75 industrial campus in Fort Myers
Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated a $97.5 million loan to finance the ground-up development of the…
Halifax Port Authority announces new Vice President, Strategy & Transformation
The Halifax Port Authority (HPA) has announced a new addition to the executive team. Sara Colburne joins the HPA as Vice President, Strategy & Transformation…
Amazon grapples with more labor strife, this time in Japan
Amazon.com Inc., which is struggling to quell workplace movements from the US to Europe, faces a growing union effort in Asia’s second largest economy.
Flux Power announces record new purchase orders of $64 million in fiscal year 2022
Flux Power Holdings, Inc., a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced combined purchase orders from…
Illumina’s $7 billion grail deal vetoed by European Union
Illumina Inc.’s $7 billion takeover of cancer-test provider Grail Inc. was vetoed by the European Union amid concerns that the deal would have hampered competition.