Japanese trading company ITOCHU Corporation and shipping major Mitsui O.S.K. Lines (MOL) have signed a memorandum of strategic partnership to advance the use of environmental attribute certificates for decarbonization in the transportation sector. By leveraging their respective strengths and collabo
Bermuda-based bulk carrier company Himalaya Shipping has secured a new time charter agreement for its LNG dual-fuel 210,000 dwt Newcastlemax vessel, delivered in 2023. The vessel Mount Ita was delivered to Himalaya Shipping from China’s New Times Shipbuilding (NTS) in March 2023 as the second in a s
ABB has secured contracts with Rotterdam Shore Power (RSP), a joint venture of Port of Rotterdam and Eneco, to engineer and construct shore power systems comprising multiple installations for the Port of Rotterdam. Based on the total capacity of over 100 megavolt-amperes (MVA), the combined shore po
Singapore’s first electric tug, built by PaxOcean Group and powered by ABB, has completed commissioning ahead of expected deployment in April 2026. The fully electric tug PXO-ACE-1 is the first of its kind to be built and operated in Singapore as part of the Maritime and Port Authority of Singapore’
Singapore-based shipping company Ocean Network Express (ONE) and Japan’s MTI Ltd. have established a joint venture (JV) company in Vietnam with the aim of promoting digital transformation of operations and business models in the shipping industry by using artificial intelligence (AI) technology. Est
Marine services provider V.Group has acquired Njord, a Denmark-based green technology business founded by Maersk Tankers, as part of its fuel efficiency and decarbonization goals. V.Group said that the acquisition enhances its ability to deliver value to shipowners and charterers by combining its ex
As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks
Finnish technology group Wärtsilä has been appointed by Brazilian operator AMAGGI to supply fuel-flexible engines for two new pusher tugs that are under construction. The vessels are being built at the Beconal shipyard in Manaus, Brazil, and will each operate with two Wärtsilä 20 engines, equipped w
Clippership, a U.S.-headquartered company developing autonomous wind-powered ships, has signed a construction contract for its first 24-meter class zero emission autonomous wind-powered cargo vessel with Dutch shipyard KM Yachtbuilders. The vessel features twin, foldable rigid wings for primary wind
Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled container ship, a newbuild destined for French shipping and logistics giant CMA CGM Group. The 15,000 TEU methanol dual-fuel vessel, named CMA CGM ANTIGONE, was built by China’s CSSC Jiangnan Ship
Damen Shipyards Group, a Dutch shipbuilding giant, has held a keel-laying ceremony for Herman Senior’s new multi-purpose vessel (MPV) at the Albwardy Damen shipyard in Sharjah, United Arab Emirates (UAE).
AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has taken delivery of the ninth vessel out of twelve plug-in hybrid coasters it has on order with shipbuilder Chowgule & Company. The vessel, which belongs to the Green Coaster series, has been named Fleximar and wa
Norwegian offshore services provider Sea1 Offshore has cut the first steel for the second of four offshore energy support vessels (OESVs) it has on order with a shipyard in China. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the c
The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, the first dedicated offshore CO2 carrier built in the EU, set to work on the Greensand project in Denmark. Once operational next year, the vessel will be prepared for its carbon capture and storage (CCS) duties, working
