Novate will launch a medium-scale LNG plant in Vysotsk (Leningrad Region) with a capacity of 600,000 tonnes by April 2019, Kremlin cites Novate CEO Leonid Mikhelson as briefing Vladimir Putin on the company’s current activities and development plans.

Hyundai Heavy Industries Co., the world’s largest shipyard by sales, is set to buy its smaller local rival Daewoo Shipbuilding & Marine Engineering Co., the state-run Korea Development Bank said Tuesday. KDB said Samsung Heavy Industries Co., a major South Korean shipyard, has stated its intention not to join the race to take over Daewoo Shipbuilding.

Santiago Gardia-Milà, President of IAPH International Port Association, knows the often difficult patterns of co-operation between freight and cruise ships from his hometown, Barcelona. In his view, however, both fit into the same port.

Eniram, a Wärtsilä company and French ferry operator La Méridionale, have taken notable steps on digitalising La Méridionale’s fleet with the help of the latest energy management technology. This partnership is in line with Wärtsilä’s Smart Marine vision, which through the extensive use of digitalisation, will enable the efficient use of resources with the least possible impact on the environment.