Europe
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EU postpones climate and energy legislation
The European Union has been forced to postpone its energy and climate legislation, which is highly likely to include CO2…
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Logistics giant DSV charters 1,800 teu boxship to move cargoes on frenzied Asia-Europe tradelane
The incredible tightness of available slots on almost all tradelanes has forced one of the world’s largest logistics operators to…
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First new LPG FFA trades completed
The first freight derivatives contract using the Baltic Exchange’s recently launched liquified petroleum gas (LPG) assessment (BLPG3) was traded by…
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Uni-Tankers details way to slash fuel use by 12%
Uni-Tankers has found way to slash its fuel bill across its fleet. Ten months of test sailing using Frugal Propulsion…
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NYK seals crew transfer vessel bareboat charter contract
Japan’s Nippon Yusen Kaisha (NYK) has concluded a bareboat charter contract with Northern Offshore Service (NOS), a subsidiary of the…
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COSL Drilling wins OKEA contract
Norwegian oil and gas company OKEA has awarded a four-year frame contract to COSL Drilling Europe for the use of…
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Bock quits Howe Robinson to steer S&P at Hanse Bereederung
Well known S&P broker Alexander Bock has quit Howe Robinson to head up Hamburg-based Hanse Bereederung’s sale and purchase department.…
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Siemens Energy eyes e-methanol with Liquid Wind investment
Germany’s Siemens Energy has invested in Swedish power-to-fuel player Liquid Wind with aim to produce e-methanol as fuel for the…
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Carbon neutral project kicks off at Esbjerg
Denmark’s Port of Esbjerg has announced a joint co-innovation project with digital technology company Atos to create a carbon neutral…
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TECO 2030 bets on maritime carbon capture and storage
Norwegian engineering firm TECO 2030 and its Austrian partner AVL are moving to the next phase of onboard carbon capture…
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Columbia Shipmanagement sets up Norwegian joint venture with Seatrans
Columbia Shipmanagement (CSM) has entered into a strategic partnership with Norwegian shipowner and operator Seatrans to establish a joint venture…
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Castor Maritime seals its seventh kamsarmax acquisition for the year
Nasdaq-listed Greek owner Castor Maritime has swooped to acquire a 2013 Japanese-built kamsarmax bulker, its seventh kamsarmax buy and the…
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Scottish university develops new fuel-saving rudder system
A new rudder system, designed at the University of Strathclyde in Scotland, will be demonstrated as part of a €6m…
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Saipem appoints new CEO
Italian energy services giant Saipem has appointed Francesco Caio as the company’s new chief executive officer (CEO) and general manager.…
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Wintershall terminates rig contract with Northern Ocean
Germany’s Wintershall Dea has sent a contract termination notice to Northern Ocean, a spin-off company of Northern Drilling, for the…
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Samskip establishes air freight division
Samskip, best known for its European shortsea box offerings, has launched an air cargo division based at Schiphol Airport in…
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Top German steel mills work with Rotterdam port to develop hydrogen supply chains
German steel companies thyssenkrupp Steel and HKM and the Port of Rotterdam are investigating setting up international supply chains for…
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Axess secures FPSO services contract with Altera Infrastructure
Norwegian engineering and integrity solutions company Axess has signed an offshore support services contract with Altera Infrastructure. The long-term global contract will see Axess provide offshore support services to FPSO assets located…
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Aker Clean Hydrogen mulls new production facility in Norway
Aker Clean Hydrogen and the municipality of Aukra are exploring opportunities to establish a hydrogen production facility on the island…
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EU urged to rethink policies on supporting shipbuilding
The German Shipbuilders Association has today called for a fundamental restructuring of the framework conditions for European shipbuilding, as Asian…
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