Europe
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EU sanctions take aim at ship-to-ship transfers
Ships caught carrying out ship-to-ship (STS) transfers of suspected Russian oil in European waters will be banned from European Union…
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Norwegian broker Lorentzen & Co goes bust
Norwegian shipbroker Lorentzen & Co has declared bankruptcy after over 100 years in business. The Oslo-based firm submitted a tender…
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Norden in for six ultramaxes at DACKS
Danish owner and operator Norden has booked six ultramax bulkers for construction at Dalian COSCO KHI Ship Engineering (DACKS) for…
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Mainstream and Hexicon venture seeks permit for 2 GW wind farm off Sweden
Freja Offshore, a joint venture between Aker Horizons-controlled Mainstream Renewable Power and Stockholm-based floating wind developer Hexicon, has submitted plans…
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IKEA owner Ingka buys stake in OX2’s offshore wind projects in Finland
Renewable energy developer OX2 has sold a 49% stake in its three offshore wind projects in Finland to IKEA owner…
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TotalEnergies sets sights on Portuguese offshore wind with Galp tie-up
French giant TotalEnergies has joined forces with a Portuguese energy firm Galp to explore potential offshore wind opportunities in Portugal.…
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KCA Deutag wins $70m worth of drilling deals in UK North Sea
Drilling and engineering contractor KCA Deutag has been awarded new contracts and extensions with a total value of over $70m…
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Top Ships to spin off suezmax
Nasdaq-listed Greek eco tanker owner Top Ships has moved to spin off one of its suezmax vessels into an independent…
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Spain seen as green shipping corridor hub
A recent study by the Global Maritime Forum has identified Spain as a hub for green shipping corridors towards the…
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CIP to invest $350m in South Korean offshore wind
Copenhagen Infrastructure Partners will invest $350m into offshore wind projects in South Korea. The investments will support the development and…
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Diana Shipping finds work for ultramax with Western Bulk Carriers
Greek bulker owner Diana Shipping has entered into a time charter contract with Western Bulk Carriers, for one of its…
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Navigator teams with Bumi Armada for UK CO2 shipping venture
New York-listed handysize gas carrier owner and operator Navigator Holding has teamed up with Malaysian floater and vessel contractor Bumi…
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SBM Offshore secures $1.61bn financing for Mero FPSO
Dutch floater expert SBM Offshore has signed the project financing of FPSO Alexandre de Gusmão for a total of around…
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Fred Olsen 1848 floats offshore solar platform
Fred Olsen 1848, a Bonheur company, has revealed a new proprietary system designed to enable near-and offshore floating solar arrays…
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Hammerfest Energi and Varanger Kraft join offshore wind consortium
Energy companies Hammerfest Energi and Varanger Kraft have joined the Blåse Energi offshore wind consortium. Blåse Energi is currently working…
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J. Lauritzen orders third methanol-powered bulker
Denmark’s J. Lauritzen has ordered a third methanol dual fuel kamsarmax bulk carrier from Tsuneishi Shipbuilding. J. Lauritzen said that…
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Boluda Towage expands Asian footprint with new investment
The world’s largest tugboat operator Boluda Towage has made an investment in Hongkong Salvage and Towage Services Limited (HKSTS). Hongkong…
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Idwal launches vessel-level ESG report
Maritime intelligence and inspection services provider Idwal has launched a pioneering vessel-level environmental, social, and governance report.
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DNV acquires cyber security firm Nixu
DNV is taking over cyber security specialist Nixu after acquiring ownership of more than 93% of the Helsinki-based firm in…
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UK to form maritime committee to wade through ‘muddle’ of policies left by the Boris Johnson administration
During his three-year tenure as prime minister, Boris Johnson was regularly pictured wearing a construction hat and a high-vis jacket…
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