China’s shipowners poured $123 billion into newbuilding ship orders in 2024, with containerships making around 38% of total vessel orders, according to the latest report from maritime freight management solutions provider Veson Nautical.
The Halifax Port Authority has been awarded funding of up to C$22.5 million (about $15.7 million) from Transport Canada to accelerate the development of the Halifax-Hamburg green shipping corridor and prepare the port for the fuels and energy sources of the future.
Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.
Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.
InterConnect Malta, owned by the Maltese government, has issued three new tenders for the second electrical interconnector between Malta and Italy. This comes less than a month after the project had received final approval. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC
Five Canadian ports have signed an MoU with the North Sea Port to collaborate on strengthening trade and accelerating energy transition.
Greek magnate George Economou-led TMS Group has ordered up to ten 11,400 TEU environmentally friendly containerships in China.
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has launched its first fully electric supply boat (e-supply boat) and laid the keel for its first fully electric tug at PaxOcean Batam.
Aberdeen-based decommissioning services provider Well-Safe Solutions has received a further contract extension from Italy’s energy giant Eni to decommission selected subsea and platform wells across a portfolio of projects in the Dutch North Sea. Eni recently exercised another 90-day option for the
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot car exporter Be Forward for pure car carrier book and claim service for used car transport to Africa.
Cruise company Norwegian Cruise Line Holdings (NCLH) has confirmed an order for four new cruise ships with sustainability features to be constructed by Italian shipbuilder Fincantieri.
India has unveiled its intention to set up an INR 250 billion (about $2.9 billion) maritime development fund (MDF) to grow the national ship fleet and support the domestic shipbuilding and repair sector.
Greece’s Capital Ship Management Corp (CAPITAL) has expanded its fleet with two new LNG-ready eco-type crude oil/product carriers.
Norwegian government enterprise Enova has picked 15 projects investigating investments in ammonia bunkering facilities along the Norwegian coast to receive pre-project support.
