Business & Finance
Grimaldi Takes Delivery of Third PCTC Newbuild
Italian Grimaldi Group has welcomed to its fleet Grande Houston, a new pure car & truck carrier (PCTC).
First Ship-to-Ship LNG Bunkering Completed at Port of Rostock
LNG bunker vessel Kairos has completed the 1st ship-to-ship LNG bunkering in the Port of Rostock.
Maersk Ups Bunker Surcharge amid VLSFO Price Rise
Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.
TORM Invests in Scrubber-Fitted LR2 Newbuilding Pair
TORM has inked a contract to buy two scrubber-fitted LR2 newbuildings.
Denmark: New Initiative Launched to Get More Women on Board
Denmark has presented a new initiative aimed at increasing the share of women in Danish shipping companies.
EU Unveils €1 Trillion Green Deal Investment Plan
The European Commission has recently presented “The European Green Deal’s Investment Plan – the Sustainable Europe Investment Plan” to mobilise public investment and unlock private funds through EU financial instruments, which would lead to at least €1 trillion of investments. On 11 December 2019, t
BNP Paribas, Credit Suisse Join Poseidon Principles
Two more banks have become signatories to the Poseidon Principles.
Hellenic Cables Gets Skiathos Interconnection Project
Greek TSO ADMIE has awarded Hellenic Cables and its subsidiary Fulgor the project for the interconnection of Skiathos island in the Aegean Sea to the mainland grid. The contract, worth approximately EUR 43 million, entails the supply and installation of the submarine and underground cable system. Th
Wallenius SOL Picks MAN Cryo Fuel Gas Supply Systems for New RoRos
Wallenius SOL has selected MAN Energy Solutions’ LNG fuel-gas supply systems for its two new icebreaking RoRos.
Autonomous Ship Project Bankrolled by EU
The autonomous-ship project being developed by the Norwegian maritime cluster received around EUR 20.1 million grant.
Containership Hit by ‘Devastating’ Fire off Mozambique
The steerless containership was battling high swells posing a safety risk to its 25 crew members.
Dana awards Triton job to Ocean Installer
Dana Petroleum has awarded Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea around 190 km east of Aberdeen.
Tekmar Scoops Kriegers Flak Deal
Tekmar Energy has secured a contract from Global Marine Group and JDR Cables for the supply of TekLink cable protection systems and cable hang-off assemblies for Danish Kriegers Flak offshore wind farm (DKF) in the Baltic sea. Tekmar Energy will supply 150 patented TekLink Mechanical Latch cable pro
Dana Hires Ocean Installer for Subsea Work Off UK
Ocean Installer has won a contract from Dana Petroleum for work at the Triton Area Development in the Central North Sea some 190 kilometers east of Aberdeen. The contract, which is Ocean Installer’s first with Dana, involves the installation and trenching of a 12-inch flexible production flowline at