Monthly Archives: September 2017

DEAL SIGNED FOR INDIA’S FIRST FSRU NEWBUILDING

Mitsui O.S.K. Lines (MOL) has signed an agreement with Swan LNG Private Limited for the long-term operation of a floating, storage and regasification unit (FSRU) and floating and storage unit (FSU) in Gujarat, India. This will be India’s first newbuilding FSRU project. The units will serve as the core receiving …

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MARAD AWARDS $9.8 MILLION TO SMALL SHIPYARDS

The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded $9.8 million to 18 U.S. small shipyards through its Small Shipyard Grant Program. The investments support industrial modernizations aimed at allowing the shipyards to compete more effectively in the global marketplace. Small shipyard facilities vary in size, from family-owned businesses …

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AUTONOMOUS SHIPS BEFORE AUTONOMOUS CARS

Given the media focus on autonomous cars, it might be expected that self-driving vehicles will be in use before autonomous ships. The reality is quite the reverse, according to a report on the future of autonomous maritime systems produced by Lloyd’s Register, QinetiQ and the University of Southampton. Applied artificial …

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