Green Marine
Keppel hands over Russia’s first LNG bunkering vessel
Singapore’s conglomerate Keppel Offshore & Marine (Keppel O&M) has delivered Russia’s first liquefied natural gas (LNG) bunkering vessel to shipping company Shturman Koshelev LLC.
US eyes shipping reform, faces carriers’ criticism
Two US congressmen have introduced the “Ocean Shipping Reform Act of 2021″, the first major update of federal regulations for the global ocean shipping industry since 1998.
Rauma Marine launches Tallink’s LNG-fueled shuttle ferry
Finnish shipbuilding company Rauma Marine Constructions launches MyStar, an eco-friendly LNG-powered shuttle ferry owned by Estonian shipping company Tallink Grupp.
NYK-chartered ship splits in two after grounding off Japan
After running aground off Hachinohe Port, Japan, on 11 August 2021, the Panama-flagged bulk carrier split in two today.
Euronav suffers $89.7M loss in “challenging” Q2
Antwerp-based tanker shipping company Euronav has reported a challenging second quarter of 2021 which ended in a $90 million deficit.
Hapag-Lloyd reveals strong performance in half-year results
Germany’s largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates.
Oldendorff Carriers invests in navigation technology
German dry bulk owner and operator Oldendorff Carriers has taken a minority stake in Finland-based navigation technology start-up Groke Technologies.
Ethics vs. sustainability – Where will Cuba accusations lead CMA CGM business?
French container shipping major CMA CGM is facing formal accusations in the USA for what was described as “illegal” dealings with Cuba.
CK Hutchison buys Swire’s 50 pct stake in Hongkong United Dockyards
Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United Dockyards Limited (HUD) from Swire Pacific.
Taylor Maritime buys seven Handies for $107.8M
UK-based dry bulk shipping company Taylor Maritime Investments (TMI) has placed an order for seven Japanese-built geared handysize bulkers worth $107.8 million.
HHI seeks $930M IPO to fund eco-friendly ship tech
South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.
Sumitomo Corporation joins Mærsk Mc-Kinney Møller Center
Japan’s trading company Sumitomo Corporation and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement to work on the development of zero-carbon technologies for the maritime industry.
Wärtsilä secures engine order for two TT-Line’s RoPax ferries
Finland-based technology company Wärtsilä has announced that it will supply engines and fuel gas supply systems for two roll-on/roll-off passenger (RoPax) ferries being built for Australian ferry operator TT-Line Company.
GEV signs green hydrogen export deal with HyEnergy partners
Australian energy company Global Energy Ventures has entered into a non-binding memorandum of understanding (MoU) with Province Resources and Total Eren to study the feasibility of green hydrogen exports from Western Australia.