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Tankers
Nordic Shipholding to be liquidated
Denmark-based Nordic Shipholding is to be wound down following the disposal of its entire fleet of product tankers earlier this…
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Tech
Saab offloads maritime traffic management business for $42m
Sweden’s Saab has sold its Maritime Traffic Management (MTM) operation to funds advised by pan-European mid-market private equity firm Agilitas…
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Ports and Logistics
GAC acquires ESL Shipping’s agency business in Sweden
Global shipping, logistics and marine services provider GAC has acquired the agency business of Finland-based ESL Shipping’s Swedish subsidiary Norra…
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Regulatory
EU agrees preliminary ETS deal for shipping
EU institutions have hammered out a preliminary agreement to include shipping within the scope of the emissions trading system (ETS).…
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Offshore
Van Stee Offshore taps Damen MPSV for ultra-shallow water work
Dutch offshore support vessel operator Van Stee Offshore has signed a contract with Damen Shipyards to deliver an ultra-shallow draught…
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Finance and Insurance
Jones Act WTIV startup Bleutec lands EnCap Investments backing
Jones Act offshore wind turbine installation vessel (WTIV) player Bleutec has secured a capital commitment from compatriot private equity firm…
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Renewables
BAR Technologies eyes low-emission US CTVs by 2024
Marine engineering consultancy BAR Technologies has announced that its low-emission crew transfer vessel (CTV) design, the BARTech 30, will be…
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Renewables
Eolus and Simply Blue launch Baltic Sea floating wind venture
Renewable energy developers Eolus of Sweden and Ireland-based Simply Blue have formed a joint venture to develop four commercial-scale floating…
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Finance and Insurance
New report puts a $90bn price tag on UK’s shipping net zero target
UK maritime sector will need around £75bn ($90bn) of investment over the coming three decades to transition to net zero,…
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Tankers
Terntank orders up to four methanol-ready and wind-assisted battery hybrid tankers
Tanker operator Terntank has placed an order at China Merchants Jinling Shipyard in Yangzhou for the construction of up to…
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Gas
Ineos bolsters ethane carrier fleet with Iino’s VLECs debut
London-headquartered chemicals firm Ineos has sealed a long-term charter deal with Japanese shipping line Iino Kaiun Kaisha (Iino Lines) for…
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Gas
Celsius adds to Samsung Heavy LNG carrier orderbook
Celsius Tankers, a unit of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier at Samsung…
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Renewables
CMB’s Windcat steps into CSOV arena with hydrogen-powered series at Damen
Crew transfer vessel operator Windcat, part of Antwerp-based shipping and logistics group Compagnie Maritime Belge (CMB), has tapped Dutch shipbuilder…
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Offshore
Wintermar bolsters fleet with AHTS pair
Indonesia’s Wintermar is expanding its offshore support fleet with the acquisition of two anchor handling tug supply (AHTS) vessels. The…
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Renewables
DEME and Jan De Nul lining up French wind farm deals
Belgian marine contractors DEME and Jan De Nul are lining up work on the Dieppe-Le Tréport offshore wind farm in…
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Offshore
L&T secures contracts worth up to $306m
L&T Energy Hydrocarbon (LTEH), a wholly owned subsidiary of Larsen & Toubro, has secured two significant offshore contracts estimated as…
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Finance and Insurance
Performance Shipping taps Alpha Bank loan to fund Latsco LR2 buy
Greek tanker owner Performance Shipping has lined up another loan at Alpha Bank for up to $22m to support its…
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Regulatory
Greek shipowners tweak tax deal with state
Greek shipowners have reached an agreement with their government to revise a tax deal penned in 2019. The president of…
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Containers
Ellerman City Liners entering transatlantic trades
UK-based containerline Ellerman City Liners is expanding its portfolio with the launch of a new direct service in December connecting…
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Gas
Germany secures Qatar LNG supply under ConocoPhillips deal
Qatar has agreed to supply Germany with liquefied natural gas under a long-term deal as the latter continues to seek…
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