Charterers Take Lead in Contracting Most Fuel-efficient Vessels
Cargill, Huntsman Corp. & UNIPEC UK who combined charter over 350 million tonnes of commodities annually decide to charter only eco-friendly ships. Cargill, one of the world's leading international transporters, producers and marketers of food, agricultural, financial and industrial products, Huntsman Corporation, the global manufacturer and marketer of differentiated chemicals and UNIPEC UK Company Ltd, trader of crude oil and oil products, announce that they will only charter the more efficient vessels operating in the shipping market. This commitment is the first of its kind in the industry to reduce the existing fleet carbon emissions.
Test Platform for Steam Generation Technology
Brownie's Marine Group, Inc. (OTCBB:BWMG), today announced that on May 25, 2012, the Molecular Impact Energy (MIE) steam generation system produced continuous steam without a conventional boiler apparatus. The MIE system was also successfully attached to a conventional double acting two-cylinder steam engine. Developing the test platform to prove the relative energy efficiency of the Molecular Impact Energy (MIE) invention and the eventual integration for the entire marine industry for which Brownie's has exclusive rights, is a key near-term goal of the Company. Robert Carmichael, Brownie's CEO stated, "The test results in this first phase are extremely encouraging.