
A new report for the Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, outlining policy measures that could close the competitiveness between fossil fuels and zero-emission alternatives in shipping has been launched.

Novel renewable energy technologies, such as offshore floating solar and wave power, in combination with e-fuels are able to secure the energy supply of island countries, according to a research which analysed the energy transition of the Maldives to 100% renewable-based energy system.

South Korean antitrust regulator has sanctioned 23 domestic and foreign container shipping companies for fixing maritime freight rates.

Mermaid Maritime’s wholly-owned subsidiary Mermaid Subsea Services Thailand (MSST) has taken delivery of the pipelay vessel Resiliant, previously known as Swiber Conquest. MSST signed a Letter of Intent (LoI) with Swiber Holdings for the purchase of the pipelay vessel at the beginning of November 20

A methanol-fueled bulk carrier has been designed in a joint development project (JDP) between ABS, SDTR and SDARI.

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won new orders for the construction of five vessels.

The U.S.-headquartered Baird Capital has invested in Subsea Technology & Rentals (STR) to support the UK subsea rental equipment provider in developing its equipment and service offerings. The investment will also enable STR to further expand its geographical reach, with the Americas, mainland Europ

Singapore-based Ultra Deep Solutions (UDS) has secured another contract with an undisclosed engineering, procurement and construction (EPC) contractor in the South East Asia region.

The International Chamber of Shipping (ICS) and the International Renewable Energy Agency (IRENA) have signed a partnership agreement to support the decarbonisation of the shipping sector and its role in the transition towards a global energy sector based on renewables.

Hamburg-based asset and investment manager MPC Capital, together with partners, has ordered four container vessels at Korean shipyard Hanjin Heavy Industries.

Strategic Marine has completed its first vessel delivery in 2022 by handing over a new fast crew boat (FCB) to Malaysia’s Centus Marine.

Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled.