Japanese shipping major Mitsui O.S.K. Lines (MOL) has decided to acquire common stock of real estate ownership firm Daibiru Corporation and maritime transport company Utoc Corporation.
French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.
TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.
ExxonMobil has increased spending to $15 billion on greenhouse gas emission-reduction projects over the next six years.
Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.
Jurong Port has joined the Castor Initiative, a global partnership that is committed to make zero-emission shipping a reality.
Oilfield services provider Petrofac has teamed up with Cranfield University to investigate new technology that could minimise the impact of amine scrubbing technology.
Global port group PSA International has signed an agreement to acquire privately-held logistics firm BDP International from New York-based Greenbriar Equity Group.
Sweden-based companies Alfa Laval and Wallenius have finalized the creation of a JV to speed up Oceanbird wind propulsion tech deployment.
Mobility R&D fund in the Netherlands has granted a €24.2 million (approximately $27.5 million) subsidy to a Dutch project consortium focused on maritime hydrogen applications.
Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.
Hong Kong-based dry bulk shipping company Pacific Basin has launched its PB Carbon Neutral Voyage Programme as part of its broader decarbonization strategy.
UK-based marine energy company SIMEC Atlantis Energy has made new executive and non-executive directorate appointments.
Proserv Controls and Trendsetter Engineering have signed a Memorandum of Understanding (MoU) for the joint supply of integrated subsea hardware and controls.
