Industry News Archives - Page 51 of 58

Standard Chartered linked to trade with sanctioned Iranian firms.

The company in question allegedly provided banking services to a Chinese company, according to reports.It was importing goods from two Iranian firms that were under US sanctions. The leaked transactions indicate that these services were provided. Standard Chartered, a banking corporation listed on the London Stock Exchange, primarily operates in emerging markets overseas. The company’s […]

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Amazon to Utilize Half of Offshore Wind Farm’s Renewable Energy

Industry News / Umar Farooq

Most offshore wind farms sell their electricity to a utility. A utility owns others and provides the power to their grid. A small number find a different way to market by selling some power to a big consumer. An EDP/Engie joint venture off Scotland has succeeded in just that. And in a high-tech fashion, the

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World’s first sailing hybrid industrial ship debuts with Ariane 6′ upper stage

Industry News / Anmol

The first flying model of the upper stage of Europe’s next-generation. Ariane 6 rocket has been installed onboard Canopy, the world’s first wind-powered hybrid industrial cargo ship. The operation was carried out by the German ports. And also logistics company BLG Logistics and took place on 6 February 2024 in Neustätter-Hafen, Bremen. This milestone event

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Bilgin Yachts launches 50m Eternal Spark

Industry News / Anmol

Bilgin Yachts has launched the 50-metre Eternal Spark from Turkey’s West Istanbul Marina. Marking the shipyard’s first launch of the year. Construction of the Bilgin 163 model began in December 2019, and this model was sold by Superyacht Croatia in 2022. With an exterior design by Unique Yacht Design and an interior by Hot Lab.

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Spectacular Carinae Yacht With Unconventional Hull Joins Oceanco’s Simply Custom Range

Merchant Navy Info, Industry News / Anmol

The new series includes a total of 17 superyachts. And was first unveiled at last year’s Fort Lauderdale International Boat Show. The latest entry in the line is Carinae, designed by Monaco-based Pascoli International. Oceanco has released the first renderings of its new 80-meter (262 ft) tall concept, named after the constellation Carina. This is

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Russian tourists are banned in most of Europe.

Industry News / Umar Farooq

Russian tourists are banned in most of Europe, but this country is welcoming them with open arms One holidaymaker said, “I really want to go there because it’s probably the most closed place. Some where you have the opportunity to do this.” The first group of tourists allowed into North Korea since the start of

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Hydrogen engine is a beast: Ready To Race And Sounds Magical

Industry News / Umar Farooq

The Austrian mobility technology company (AVL). It demonstrated early this month how the prototype 2.0-liter turbo hydrogen engine produced over 200 horsepower per liter. The objective of the AVL is to modify combustion with a water-injection system. This, in addition to its turbocharger for a safer burn and increased power output, has been operating flawlessly

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Defense Innovation Unit: Prototype large undersea drones

Industry News / Umar Farooq

The Defense Innovation Unit has announced that it had selected three companies to develop and prototype unmanned undersea vehicles, focusing on employing payloads for subsea and seabed warfare and undersea warfare. “This project will also drive advancements in underwater engineering. Additionally, autonomous systems, communications, and shape employment of [Large Displacement Unmanned Undersea Vehicles (LDUUV)]. They

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As Iran-Backed Groups Attack Red Sea Ships, Investors Are Backing Startups Assisting Global Cargo

Industry News / Anmol

Multiple shocks to global supply chains. First by the pandemic and more recently by Iranian-backed Houthi attacks on cargo ships in the Red Sea. Have highlighted the need for greater resilience in global shipping. At the same time, pressure to reduce both costs and also carbon emissions is increasing. Investors are quietly eyeing port and

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World’s Largest Fishing Boat for the Super-Rich Is 171 ft Long With 6 Decks

Industry News / Anmol

The world’s largest sport fishing boat, measuring 171 feet in length, has been launched by a superyacht company. The completed Royal Huisman’s Project 406 is the largest and “most luxurious” sportfishing yacht ever built. According to the ship’s press release. The manufacturer describes it as “the ultimate expression of personal freedom.” The ship has been

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Industry News

Standard Chartered linked to trade with sanctioned Iranian firms.

Amazon to Utilize Half of Offshore Wind Farm’s Renewable Energy

World’s first sailing hybrid industrial ship debuts with Ariane 6′ upper stage

Bilgin Yachts launches 50m Eternal Spark

Spectacular Carinae Yacht With Unconventional Hull Joins Oceanco’s Simply Custom Range

Russian tourists are banned in most of Europe.

Hydrogen engine is a beast: Ready To Race And Sounds Magical

Defense Innovation Unit: Prototype large undersea drones

As Iran-Backed Groups Attack Red Sea Ships, Investors Are Backing Startups Assisting Global Cargo

World’s Largest Fishing Boat for the Super-Rich Is 171 ft Long With 6 Decks

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