Sector
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K Line makes history with successful carbon capture at sea
Carbon capture and storage at sea is now a thing following landmark trials onboard a Kawasaki Kisen Kaisha (K Line)…
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Yanmar claims world’s first high-pressure hydrogen bunkering
Japan’s Yanmar Power Technology (YPT), a group company of Yanmar, said it has conducted the world’s first 70 MPa high-pressure…
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Former KPI Bridge Oil trader and Straits Bunkering director charged for corruption in Singapore
Singapore authorities have charged two individuals in court, a former trader at KPI Bridge Oil and the director of Straits…
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What to do with the money?
Lars Jensen from Vespucci Maritime ponders how carriers might spend their billions earned this year. The new data from Container…
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Crane accident may delay delivery of Seaway 7 wind farm installation newbuild
Offshore wind contractor Seaway 7 may be looking at a potential delay in the delivery of its new foundation installation…
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Ørsted sells 50% stake in German offshore wind farm to Glennmont Partners
Ørsted has struck a deal with Glennmont Partners, a subsidiary of TIAA’s asset manager Nuveen, to sell 50% ownership share…
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US Offshore Accountability Act advances
A bill introduced by Democratic Congressman A. Donald McEachin, the Offshore Accountability Act, has been approved by a committee of…
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Valaris to reactivate drillship for new Petrobras contract
Offshore driller Valaris has been awarded a contract by Petrobras for work offshore Brazil utilising 2010-built drillship . The contract…
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Blystad swoops for Vroon boxships
Arne Blystad’s Songa Box continues to add tonnage with Alphaliner reporting the company has swooped for two Vroon ships, the…
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Busy MPC Container Ships sells six ships
Busy Oslo-listed MPC Container Ships has sold six ships ranging in size from 1,000 to 1,500 teu for a total…
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Diana Shipping to spin off three older bulkers
New York-listed bulker owner Diana Shipping will spin off three of its older ships into a newly formed vehicle, OceanPal…
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Seanergy takes fleet to 17 with Rosco capesize buy
Greek owner Seanergy Maritime has agreed to purchase its seventh Japanese capesize this year for $34.3m, expanding its fleet to…
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QatarEnergy and Shell forge UK hydrogen partnership
QatarEnergy, formerly Qatar Petroleum, and Shell have agreed to pursue joint investments in blue and green hydrogen projects in the…
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Fincantieri and Eni collaborate on energy transition initiatives
Italian shipbuilder Fincantieri has teamed up with compatriot energy major Eni to promote initiatives focused on solutions for decarbonisation projects…
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Navios, Wah Kwong and Sinopec among firms signing up to Cosco’s new VLCC pool
China’s Cosco Shipping Energy Transportation, the tanker operation unit of Cosco Shipping Group, has launched the country’s first VLCC pool…
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China posts record drop in steel output
Another record drop in Chinese steel output has spooked many in dry bulk. China’s National Bureau of Statistics has issued…
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Case made for ports to receive cash from any shipping decarbonisation fund
Ports ought to be getting a sizeable chunk of any decarbonisation fund in the offing, a new submission to the…
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Demise of LIBOR creates uncertainty
Dagfinn Lunde on what owners ought to expect when it comes to paying interest on their loans. What an amazing…
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ZIM opts to buy rather than charter for latest expansion
Illustrative of the sky high charter rates being banded around at the moment, Israeli carrier ZIM has opted to buy…
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Samsung Heavy celebrates massive $1.7bn order with delivery dates pushed back to 2027
The busy docks at Samsung Heavy Industries have just got a sizeable extra chunk of business with delivery dates an…
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