Maritime News

Vard has announced that the contract signed December 15, 2023, for the construction of a state-of-the-art cable laying vessel, was with the Swedish company NKT HV Cables AB. The value of the contract is between EUR 200 - 250m. NKT HV Cables AB is a turn-key power cable manufacturer and installation company with its main office in Karlskrona, Sweden.

Crowley and Carbon Ridge Inc, a leading developer of modular onboard carbon capture and storage solutions (OCCS), with support from the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program, have initiated an advanced, pilot project to reduce emissions impacts using Crowley’s Storm international container ship.

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