Exhaust Gas Treatment for SOx Redudtion

Since May 2005, specific environmentally friendly MARPOL regulations have been in force that stipulates that emissions from main and auxiliary machinery are kept within specific limits. They require, for instance, reduction of sulphur oxide combinations (SOx), carbon dioxide (CO2) and nitrogen oxide combinations (NOx).

MAN Celebrates 30 years in China

At a ceremony in Beijing, attended by licensees, company officials, business partners and local dignitaries, MAN Diesel & Turbo celebrated three decades of success in one of its most important markets.

Wärtsilä has sold its stake in Assa Abloy

Wärtsilä Corporation has sold its shares in Assa Abloy AB (publ.), 7,270,350 B shares, for approximately EUR 135 million. Wärtsilä will record a capital gain of approximately EUR 117 million on this sale. The tax on the capital gain is close to EUR 32 million. After this transaction Wärtsilä holds no shares in Assa Abloy.…

Concordia Maritime finances Suezmax

Concordia Maritime has now secured financing for the newly ordered Suezmax tanker Stena Supreme. The vessel, which will be built by the South Korean shipyard Samsung, is set for delivery in Q2, 2012.

Maersk Line’s CO2 data verified

Maersk Line is the first shipping line to receive independent verification of its CO2 emissions data, vessel by vessel. For customers like Starbucks Coffee Company, this means more transparency.