Swedish ferry operator Stena Line has acquired the operations of the ferry and RoRo terminal in the Port of Ventspils, Latvia, in the latest move supporting the group’s long-term expansion in the growing Baltic Sea region. Stena Line has operated the route between Ventspils and Nynäshamn, Sweden sin
French liner heavyweight CMA CGM has committed to purchasing Bolloré Group’s transport and logistics operations – Bolloré Logistics. CMA CGM said that it has granted ‘ a put option’ to Bollore Group to sell Bollore Logistics after exclusive negotiations announced on April 18, which the latter accept
Six crew members, who were kidnapped by pirates from Monjasa Reformer, an oil and chemical tanker, in the Gulf of Guinea in late March have been rescued from an undisclosed location in Nigeria, as confirmed by the ship’s owner, Monjasa, on Monday. The Danish-owned vessel was seized on March 25 by a
Chinese shipyard Hudong-Zhonghua Shipbuilding has cut steel for the sixth and final dual-fuel LNG powered 13,000TEU dual-fuel container ships being constructed for France’s CMA CGM. These vessels are designed to operate using either traditional fuel or liquefied natural gas (LNG). The 336-metre long
Italy’s oil and gas company Eni has begun offloading the first LNG cargo into Snam’s (Italy’s energy company) new regasification terminal in Piombino. The LNG was produced at Egypt’s Damietta liquefaction plant, one of the facilities where Eni made investments. Eni stated it acquired regasification
MSC Gemma, an ultra large containership with a capacity of 24,116 TEU (Twenty-foot Equivalent Units), has completed its sea trials at the Hudong Zhonghua shipyard in China. The Liberia-flagged vessel, which is being constructed for MSC, underwent comprehensive testing of various systems and componen
Australian Provaris Energy and Norwegian Hydrogen AS have completed a pre-feasibility study on hydrogen export, demonstrating the potential for low-cost delivery of green hydrogen from Norway to Europe, commencing in 2027. According to Provaris, a preferred site in Norway has been identified for the
The International Renewable Energy Agency (IRENA) has signed a partnership agreement with thyssenkrupp to advance green transformation through green hydrogen solutions.
Once again we have witnessed a busy week with many exciting developments in the renewable and clean energy sector, including the multi-billion-euro TenneT offshore power cable deals. Supporting energy transition in Europe, TenneT awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Den
The Mission to Seafarers has published the latest Seafarers Happiness Index report for Q1 2023, revealing a decline in overall happiness levels among seafarers during the first three months of the year. The Seafarers Happiness Index (SHI) report covers ten key questions that provide insights into th
HGK Shipping, Hydrogenious LOHC Maritime and Hydrogenious LOHC Technologies have signed a Memorandum of Understanding (MoU) with the goal to develop a scalable solution to make hydrogen available as a source of energy on a large scale. According to HGK, the technology is based on hydrogen, which is
Icon of the Seas, Royal Caribbean International’s first LNG-powered cruise vessel, is scheduled to commence sea trials in mid-June. According to Meyer Turku, the shipbuilder of what is expected to be the world’s largest and most technically advanced cruise ship, the construction is progressing at a
In its new report “Solid Oxide Fuel Cells 2023-2033: Technology, Applications and Market Forecasts,” technology company IDTechEx provided an overview of the solid oxide fuel cell (SOFC) market and projected its value to reach $6.8 billion by 2033. More specifically, the report includes an assessment
Christiania Shipping A/S, a specialized chemical ship owning and chartering company, has reached an agreement with the Japanese shipyard Murakami Hide for the construction of two 13,000 dwt stainless steel chemical tankers. The Copenhagen-based company said the duo is slated for delivery in the seco
