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Green Yard Kleven manager dies in crane accident

Norwegian shipyard manager dies after heavy object falls from a crane Work has been stopped at the Green Yard Kleven recycling and conversion yard after the death of a Norwegian employee in a crane accident. Hans Jorgen Fedog, chairman and general manager of Ulsteinvik-based Green Yard Kleven, and other officials were unavailable for immediate comment. One official declined to comment…

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Rotor Sail Tests to Begin Aboard World’s Largest Short Sea Ro/Ro

CLdN, a logistics specialist operating short sea and bulk shipping, is ready to begin testing rotor sails aboard its Ro/Ro MV Delphine during its normal operations between the UK, Ireland, and Europe. The installation which was recently completed in Rostock, Germany represents one of the largest vessels to yet test the modern version of the technology developed by Norsepower.  With…

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Asia HSFO market likely to garner strength as traders shun sanctioned Russian oil

The Asian high sulfur fuel oil market is likely to strengthen, and quite significantly so, from prevailing levels as oil majors and trading giants begin to increasingly eschew Russian-origin oil, traders said. Several market participants including oil majors, leading traders and shipowners had already voluntarily distanced themselves from trading Russian-origin oil since its invasion of Ukraine a year ago. The…

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EBRD launches second phase of Suez Canal digitalisation project

The SCZone authority has established a one-stop shop for investors, managed by its Investor Services Department (ISD), as a means of streamlining administrative formalities and fast-tracking the management of investor services, the EBRD said. “The bank is helping the SCZone to develop an efficient, competitive and eco-friendly business environment that is attractive to international investors and that will position the…

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