ABB and Wallenius Marine Establish Digital JV
ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEAā¢ collaboration.Launched in September 2022 as a collaboration between ABB and Wallenius Marine, OVERSEAā¢ is a combined digital solution and āfleet-support-center-as-a-serviceā offering designed to help ship owners, operators, and managers enhance the efficiencyā¦
Houthis Claim Responsibility for Attack on Israeli-Linked Tanker
Yemen's Houthis said on Monday they launched a missile towards the Israeli-owned tanker Scarlet Ray near Saudi Arabia's Red Sea port city of Yanbu in a rare attack off the Saudi coast.The Liberia-flagged vessel's Singapore-based manager, Eastern Pacific Shipping, owned by Israeli magnate Idan Ofer, said the chemical tanker was undamaged and under the command of its captain."We are aware of security reports alleging that our managed vessel Scarlet Ray was the target of a suspected Houthi attackā¦
EU Mulls 10-Year Tax Holiday for Shipping Fuels
European Union countries are considering a 10-year delay to the introduction of EU-wide taxes on aviation and shipping fuels as they seek to push long-delayed energy tax reforms over the line, a draft document seen by Reuters showed.The European Commission proposed an overhaul of energy tax rules in 2021 to align with efforts to limit climate change. This included gradually introducing taxes on CO2-emitting fuels for flights and shipping within the 27-nation blocā¦
Venezuela's Maduro Says US Seeking Regime Change with Naval Build-Up
The United States is seeking a regime change in his country with a naval deployment in the Caribbean, Venezuelan President Nicolas Maduro said on Monday in a rare press conference.Tensions between the United States and Venezuela have risen in recent weeks amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels.U.S.
WinGD Joins Methane Abatement Initiative for LNG-Fueled Ships
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become a partner in the growing cross-sector push to better understand and address methane from LNG-fueled ships.LNG, primarily methane, can play a role in reducing shipping emissions. But its climate benefits depend on methane being effectively managed. Proven technologies for onboard methane abatement are emergingā¦
Tanker and Bulk Carrier Collide in Malaysia
Singapore-registered tanker Marine Dynamo and a Malta-registered bulk carrier Flag Gangos have collided south of Tanah Merah in Malaysia.Both vessels are stable, following the incident that occurred in the early hours of September 1, the Maritime and Port Authority of Singapore (MPA) informed.Light oil sheens have been sighted in the vicinity of Marine Dynamo. The Master of Marine Dynamo reported thatā¦
