French shipping major CMA CGM has taken delivery of the fourth ship in a series of ten new 2,000 TEU containerships powered by liquified natural gas (LNG).
Rex International Investments has signed a deal with two partners to combine offshore portfolios of two affiliates into a new joint venture.
Energean has set the divestment of its portfolio in Egypt, Italy, and Croatia in motion for an enterprise value (EV) of up to $945 million.
A total of fifteen green ship projects will receive NOK 1.2 billion (about $113.5 million) in support from Enova, a Norwegian government enterprise, in the latest round of the country’s investments in decarbonizing maritime transport.
French provider of tubular solutions Vallourec has secured a contract extension with Abu Dhabi National Oil Company (ADNOC) to continue supplying tubes and connections for offshore and onshore oil and gas fields. Vallourec and the National Oil Company of Abu Dhabi signed a two-year extension to the
American footwear corporation Nike will christen A.P. Moller–Maersk’s new methanol-enabled containership at a ceremony at the Port of Los Angeles Outer Harbor on August 27, 2024.
Scotland’s Green Marine (UK) has joined the U.S.-based C-Power’s Partner Engagement and Co-development (PEC) program to advance autonomous offshore power systems (AOPS).
Seatrium has come to an understanding with Awilco Drilling regarding the settlement of two arbitration cases related to rig termination deals.
A federal judge has ruled that ExxonMobil no longer has a leg to stand on concerning its legal action against Arjuna Capital, given the climate activist investor’s withdrawal of emission reduction-related shareholder proposal and reassurance it will not be put forward again.
Peter Döhle Schiffahrt has ordered four 14,000 TEU methanol-fueled containerships at China’s Hudong-Zhonghua Shipbuilding.
The negative impact of protectionism is seen as one of the biggest emerging threats to global shipping.
The European Commission has approved, under European Union (EU) State aid rules, a €570 million Italian scheme to incentivize ships to use shore-side electricity when they are at berth in maritime ports.
Paratus Energy has shared its intention to list shares on Euronext Growth Oslo, followed by a planned uplisting to the Oslo Stock Exchange.
Shell has inaugurated its first self-developed megawatt charger for dual use by both shipping vessels and electric trucks at the Energy Transition Campus Amsterdam (ETCA) in the Netherlands.
