France Urges Tax on Ship and Airplane Fuel

By Leigh Thomas PARIS, Oct 15 (Reuters) - France wants the European Union to work on creating a tax on airplane and ship fuels as part of a push to rein in carbon emissions, French Finance Minister Bruno Le Maire said on Tuesday. Le Maire said the tax would complement plans supported by France and Germany for a carbon border tax that would shield European companies from … [Read more...]

Fire and Gas Explosion in Battery Room of Norwegian Ferry Prompts Lithium-Ion Power Warning

Norwegian authorities are warning shipowners and operators about the dangers associated with lithium-ion battery systems after a fire and subsequent gas explosion on board a diesel-electric ferry in Norway. The small fire was reported October 10 in the battery room of the Norled passenger ferry MF Ytterøyningen. The ferry returned to harbor under its own power where … [Read more...]

DHS Grants ESG Contract Relief for Offshore Patrol Cutters

The U.S. Department of Homeland Security has granted extraordinary contract relief to Eastern Shipbuilding Group related to the first four hulls in the Coast Guard’s Offshore Patrol Cutter (OPC) program due to impacts from Hurricane Michael in 2018. ESG submitted its request extraordinary contract relief in June 2019 after their Panama City, Florida shipbuilding facilities … [Read more...]

Carlyle Completes Vigor, MHI Holdings Acquisition

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition of Portland, Oregon-based Vigor Industrial and Norfolk, Virginia-based MHI Holdings. As part of the agreement, Vigor Industrial LLC, an infrastructure, defense, and maritime services company, will be merged with MHI … [Read more...]

Wärtsilä, Norsepower Team Up on Rotor Sails

Finnish technology group Wärtsilä has teamed up with Finnish rotor sail propulsion specialist Norsepower to pursue energy-saving rotor sail projects in the commercial maritime industry. The service cooperation agreement expands the global wind propulsion service network by allow Norsepower to order service work from Wärtsilä, while Wärtsilä can pursue and sell … [Read more...]