Sector
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SeaTwirl, Verlume team up to decarbonise offshore oil and gas assets
Swedish energy-tech company SeaTwirl and UK-based offshore energy storage specialist firm Verlume have formed a collaboration regarding the electrification of…
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ESNA, Strategic Marine developing surface effect CTV for offshore wind market
Norwegian ship design company ESNA and Singapore-based shipbuilder Strategic Marine have signed an agreement to develop a surface effect ship…
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Rumours of Houthi truce with China and Russia fall flat with latest tanker attack
Putting paid to reports last week that Chinese and Russian ships were to be given safe passage through the Red…
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Global greenhouse gas levy likely in 2027
The 81st meeting of the Maritime Environment Protection Committee (MEPC) wrapped up at the International Maritime Organization (IMO) last week…
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Geneva Dry Dialogues: Marfin Management
Wind propulsion adoption will gain greater traction this year as data from trials make a convincing investment argument. That’s the…
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MSC seals deal for French logistics player Clasquin
Liner giant Mediterranean Shipping Co (MSC) has struck a deal via its subsidiary Shipping Agencies Services (SAS) to acquire a…
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Navios boosts LR2 orderbook in China
Angeliki Frangou’s Navios Maritime Partners has returned to China’s Zhoushan Changhong International Shipyard for two additional aframax/LR2/ newbuilds. The deal…
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Sinokor takes huge profit from newcastlemax sales
Sinokor Merchant Marine of South Korea has sold three newcastlemaxes to compatriot Pan Ocean. Sinokor has pocketed $213m from the…
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New CEO for Norwegian Shipowners’ Association
The Norwegian Shipowners’ Association has appointed the country’s former minister of transport, Knut Arild Hareide, as its new chief executive.…
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World’s first ammonia bunkering terminal to be built in Norway
The Norwegian Directorate for Civil Protection has given its approval to the construction of the planned ammonia bunkering facility at…
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Cyan Renewables makes takeover offer for MMA Offshore
Singapore-based offshore wind vessel pure-play Cyan Renewables has made an offer to buy 100% of shares in Perth-based OSV operator…
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Swire Renewable Energy forges Taiwanese offshore wind alliance with local turbine blades maker
Wind turbine inspection, repair and maintenance business Swire Renewable Energy is partnering up with Taiwanese wind turbine blades maker Tien…
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Velesto Energy gets contract extension for three jackup rigs
Offshore drilling unit of Malaysia’s Velesto Energy has secured a two-year contract extension with Petronas Carigali for three of its…
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Wuchang Shipbuilding bags orders for up to four offshore vessels
Wuchang Shipbuilding has clinched an order for up to four offshore construction vessels from what it says is a first-class…
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Castor Maritime moves for reverse stock split to keep Nasdaq listing
Cyprus-based bulker and boxship owner Castor Maritime has decided to carry out a one-for-ten reverse stock split on Nasdaq to…
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Italian floating wind project presses ahead
Italy has granted the first environmental impact assessment (EIA) approval for a floating offshore wind project to a consortium including…
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AD Ports takes majority stake in Georgia’s dry port
AD Ports Group has sealed a deal to acquire majority ownership in the Tbilisi Dry Port in Georgia. The agreement…
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Chinese and Russians reportedly given safe passage through the Red Sea by the Houthis
Bloomberg is reporting that Yemen’s Houthis will not target Chinese and Russian ships passing through the Red Sea and Gulf…
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Iron ore price rollercoaster sends jitters through cape community
The iron ore price rollercoaster combined with a growing amount of the steel-making ingredient commodity piling up at Chinese ports…
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CMA CGM teams with Saudi liner newcomer
French liner giant CMA CGM has partnered up with recently established Saudi feeder and short-sea operator Folk Maritime to expand…
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