Oslo-based Eitzen Group has become a majority shareholder in Høglund Marine Solutions, a compatriot provider of sustainable automation and energy solutions for the maritime industry. Høglund designs and develops smart automation, energy, and digital solutions targeting the optimization of vessels’ o
The Port of Tianjin has joined forces with compatriot provider of information and communications technology (ICT) infrastructure Huawei to build a digital twin of the port, making it more automated and intelligent.
The Clean Arctic Alliance, comprising 20 not-for-profit organisations, called for urgent action to address the impact of underwater noise from ships on Arctic wildlife, as a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Ship Design and Construction opens in London. A pr
Japanese shipbuilder Kawasaki Heavy Industries has delivered new liquefied petroleum gas (LPG)-fueled LPG carrier Lantana Planet to compatriot shipowner Nippon Yusen Kabushiki Kaisha (NYK).
India has become the largest seaborne importer of Russian crude in the wake of the EU ban on seaborne oil imports and subsequent G7 price cap for exports. Exports to India increased from virtually nothing prior to Russia’s invasion of Ukraine to 1.2 Mb/d in November last year, according to Poten & P
Swedish green electrofuel developer Liquid Wind has revealed its plan to establish the country’s third electrofuel facility for the maritime sector, following similar FlahshipONE and FlagshipTWO projects. For this purpose, Liquid Wind, in partnership with Umeå Energi, carried out a feasibility study
Famatown Finance Limited, a company controlled by shipping magnate John Fredriksen, has acquired 4,653,000 additional shares in Belgian tanker shipping company Euronav. Together with related companies, Famatown holds 45,641,478 shares in Euronav or 22.62% stake. The move has brought Fredriksen close
The world’s business and political leaders gathered this week for the World Economic Forum’s annual event in Davos to discuss global challenges and the way forward. The topic of the weeklong event is ‘Cooperation in a Fragmented World’, highlighting the need to work together to overcome the perfect
Greece-based shipping companies Empire Bulkers Limited and Joanna Maritime Limited were ordered to pay $2 million ($1 million each) over violations of pollution acts in the U.S. The two companies were convicted for knowing and willful violations of the Act to Prevent Pollution from Ships (APPS) and
Höegh LNG’s floating liquefied natural gas (LNG) terminal Hoegh Gannet has arrived at Brunsbüttel’s Elbehafen port near Hamburg, Germany to increase German liquid gas import capacity. RWE, which is responsible for filling the FSRU with LNG, together with companies Uniper and EnBW, said that in the n
Belgium’s tanker shipping company Euronav has held a naming ceremony for two very large crude carriers (VLCCs) being built at South Korean shipyard Hyundai Samho Heavy Industries (HSHI).
The Port Authority of Valencia (PAV) has started the use of hydrogen in terminal operations with receiving the first load of hydrogen to supply the refueling station located on the Xità quay.
Himalaya Shipping’s new bulk carrier powered by liquefied natural gas (LNG), Mount Norefjell, has successfully completed its sea trials.
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) is off to a strong start to the year revealing a third shipbuilding deal this week. The company said in a stock exchange filing that it had won a contract for the construction of two very large gas carriers (VLGCs). The
