Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of
German shipbuilding company Meyer Werft has been awarded its first contract for steel construction work for four of Amprion’s offshore converter platforms.
The Federal Maritime and Hydrographic Agency (BSH), a central maritime authority in Germany, is developing the next generation of electronic nautical charts in an effort to make shipping safer, more efficient and sustainable.
The US-based global automation technology company Emerson has made a strategic investment in Frugal Technologies, a Danish company offering fuel optimization technologies.
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered a methanol-powered engine that will be installed onboard a very large crude carrier (VLCC).
London-based marine energy solutions provider KPI OceanConnect has supplied a B24 biofuel blend to Hong Kong-based container shipping company Orient Overseas Container Line (OOCL).
Greek shipping companies Sea Pioneer, Dynacom and Evalend Shipping have embarked on a buying spree for new vessels, which includes tankers and liquefied natural gas (LNG) carriers.
Danish integrated logistics company A.P. Moller-Maersk and Chinese clean energy company Goldwind have entered into the first large-scale green methanol offtake agreement for the global shipping industry.
Singapore-based shipping company Ocean Network Express (ONE) has placed an order for twelve new methanol dual-fuel contanerships.
In the ever-evolving landscape of maritime innovation, one topic has emerged as a beacon of change and promise – carbon capture in shipping. As global efforts to decarbonize intensify, the role of CO2 capture, liquefaction, and transport is expected to grow in importance, especially in line with the
Turkish shipbuilding company Tersan Shipyard, part of Tersan Group, has completed the acquisition of Havyard Leirvik Shipyard, one of the group companies of Eqva ASA in Norway.
Spanish hydrogen transport solutions provider H2SITE has commissioned the world’s first on-board ammonia cracking system, generating high-purity hydrogen coupled with a PEM fuel cell which is used to produce electricity for the ship’s auxiliary consumptions. The company shared the milestone on Novem
MSC Mediterranean Shipping Company, the biggest shipping company in the world, has named its newest 24,000+ TEU fuel-efficient containership.
India’s shipbuilding major Cochin Shipyard Ltd (CSL) has ordered MAN’s high-speed gensets to supply backup diesel-electric propulsion for Samskip’s hydrogen-powered feeders. Rotterdam-based Samskip Group has two short-sea feeder container ships under construction at CSL. Known as the SeaShuttle proj
