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N-Sea charters fuel-efficient vessel in move to strengthen subsea offering
The Netherlands-headquartered N-Sea has chartered a hybrid, fuel-efficient survey and remotely operated vehicle (ROV) support vessel in a push to strengthen its offshore subsea activities. N-Sea Group entered into an agreement with Geo Plus to long-term charter the Dutch-flagged vessel Geo Ranger, w
Construction starts on Royal Caribbean’s third Icon-class cruise ship
The production of the third Icon-class ship for Royal Caribbean Group has started at Finnish Meyer Turku Shipyard.
Viking Cinderella to cut 2,500 tonnes of CO2 emissions a year after refit
Viking Cinderella, a ferry operated by Finnish shipping company Viking Line, will be able to reduce its carbon dioxide emissions by 2,500 tonnes a year after an investment in technical upgrades.
Bidders wanted to develop 15 MW floating solar project in India
NTPC, formerly known as the National Thermal Power Corporation, is inviting bids for a 15 MW floating solar plant at Maroda Reservoir-1 in Chhattisgarh, India. The 15 MW floating solar project is set to be located at Maroda Reservoir-1, near the Bhilai Steel Plant of NSPCL, a joint venture between N
Saverys says investing in future-proof ships makes sense now, reveals a pipeline of 120 hydrogen and ammonia-powered ships
Belgian owner of marine and industrial applications CMB.TECH plans to add approximately 120 hydrogen and ammonia-powered vessels to its fleet and has five hydrogen infrastructure projects worldwide in the pipeline, Alexander Saverys, the company’s chief executive, revealed in a capital markets day p
Saipem hit with two-year suspension of public contracting activity in Brazil
Saipem is facing restrictions on new contracts in Brazil due to being banned from making new deals with the country’s public administration over the next couple of years.
Maersk’s APM Terminals to invest $500 million in Plaquemines Port terminal
A.P. Moller-Maersk’s APM Terminals has partnered with Plaquemines Port Harbor and Terminal District (Plaquemines Port) to build a major container terminal on the West Bank of Plaquemines Parish, Louisiana, United States.
Fratelli Cosulich orders its first methanol dual-fueled bunker tanker in China
Italian maritime transportation group Fratelli Cosulich has ordered its first methanol dual-fueled chemical bunker tanker with a capacity of over 8,000 cubic meters and the ability to carry both green methanol and biofuels. According to Fratelli Cosulich, the order for the 7,990 dwt IMO Type II chem
Columbia Group forms venture capital arm to foster innovation
Columbia Group, a Cyprus-based maritime integrated services platform, has formed a new venture capital entity that will act as a ‘melting pot’ for innovation.
MOL’s OTEC project in Mauritius steps closer to commercialization
An ocean thermal energy conversion (OTEC) project developed by Japan’s Mitsui O.S.K. Lines (MOL) in Mauritius has made a step towards commercialization by being selected for a program commissioned by Mauritius’ Ministry of Economy, Trade and Industry (METI). MOL’s project involves an initial study o
H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark
H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bri
With FID out of the way, first oil from Gulf of Mexico project anticipated next quarter
Beacon Offshore Energy has confirmed a final investment decision (FID) for the development of an oil discovery in the U.S. Gulf of Mexico.
Frontline sells non-eco ships to have entire fleet fuel-efficient
Norwegian tanker major Frontline has agreed to sell its five oldest very large crude carriers (VLCCs), aligning with the company’s strategy of having only eco-friendly vessels in its fleet.
Seaspan welcomes another 15K TEU boxship, ONE Focus
The fifth 15,000 TEU containership ONE Focus, built by Chinese shipbuilder Yangzijiang Shipbuilding, has joined Seaspan’s fleet.