The Shipping Industry Embraces Battery Power
The past decade has seen tight restrictions on emissions from vessels, notably with a 2015 move to a .10% sulfur maximum in Emission Control Areas (ECA) in North America and in northern Europe. As the International Maritime Organization (IMO) now shapes shipping’s decarbonization future, shipowners are looking at transitions away from fossil fuels. Among the myriad of alternatives are lithium ion batteries and some early forays into hydrogen fuel cells.To date, large batteries are used on short runs…
Drydocks World Looks to Foresight Offshore Rig Orders
Principals were in discussions hosted by His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World about the Middle East shipbuilder taking on a number of orders to build 'Le Tourneau Super 116E' drilling rigs for Foresight Limited, as well as other mutual opportunities. Offshore drilling and tankers and multipurpose ships form part of the fleet owned by Foresight Limited and managed from Cyprus. Considering the emerging leadership role of the UAE in the international maritime arena and its rapid evolution into a hub for maritime activity…
GAC Appoints Arrieta President
The recently established GAC Energy and Marine Services LLC (GEMS), a subsidiary of the GAC Shipping (USA) Inc., has appointed Carlos Arrieta as its new President to drive the growth of its integrated logistics services for the oil, gas, marine and mining sectors. Located in the new Central Green development close to Houston International Airport, the GEMS facility provides 65,000 square feet of covered warehousing space and 40,000 square feet of open air storage. Its range of services include: in-house case packing…
