Maritime Vessels Directory

The Maritime and Port Authority of Singapore (MPA) announced two initiatives on Wednesday to reduce the shipping industry's greenhouse gas emissions, including a S$120 million ($90 million) fund for a decarbonization center."Maritime decarbonization is a global challenge requiring a collective responsibility from all stakeholders involved," MPA Chief Executive Quah Ley Hoon said in a statement.With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's carbon dioxide emissions.

The Philippines is beefing up its presence in the South China Sea and deploying more ships and an aircraft to protect its maritime territory and resources, a government task force said on Wednesday.The Philippines has ramped up its rhetoric in recent weeks in defiance of what it says is threatening behavior by Chinese vessels in its 200-mile Exclusive Economic Zone (EEZ), despite four years of rapprochement with historic rival China."We are exhausting all means possible to protect our territory and EEZ," the Philippines' South China Sea task force said in a statement.

Auxiliary wind propulsion systems provider Norsepower said it has signed a framework agreement with Keppel Offshore & Marine’s technology arm Offshore Technology Development (OTD) for rotor sail installations.Under the agreement, OTD can assist to provide the initial survey, design and engineering works, and organize the equipment installation for Norsepower’s rotor sails. Norsepower will deliver project management, delivery and installation supervision to support smooth installation, servicing and warranty support.

Dry bulk shipping company Genco Shipping & Trading Limited said on Wednesday it has reached a deal to acquire a 2016-built 64,000 dwt Ultramax bulk carrier constructed at Zhejiang Yangfan shipyard in China. The vessel, to be renamed Genco Enterprise, is expected to be delivered to Genco between May and July 2021.The purchase marks the fourth Ultramax vessel that Genco has agreed to acquire since December 2020 amid surging rates in the dry bulk sector.John C. Wobensmith, Genco CEO, said, “This latest Ultramax acquisition further grows our presence within the key Ultramax sector that we believe will seamlessly integrate with our strong in-house commercial operating platform.

German propulsion specialist SCHOTTEL said it aims to meet increasing demand for electronic drive concepts with its newly launched LE-Drive ("Embedded L-Drive").As the propulsion systems are compatible with electric motors of all types and manufacturers, the LE-Drive allows a free choice of electric motor for diesel-electric or purely battery-powered vessels. Thanks to its compact design, the integrated LE-Drive allows even more freedom in vessel design compared to conventional Z and L variants, the manufacturer said.The installation height of the LE-Drive, including the electric motor installed on top of it, is comparable to that of a Z-Drive.