Maritime fuel supplier Peninsula has welcomed into the fleet Hercules Sky, a modern oil chemical tanker. With a tank capacity of 9000cbm and a pump rate above 500cbm/hr, the 2021-built Hercules Sky is a modern barge that will strengthen Peninsula’s physical operations in the Gibraltar Strait. The Pa
Oceanbird, a project aimed at developing a wind-powered cargo ship, is moving forward with the assembly of a land-based prototype of Oceanbird Wing 560, its first full-scale wing sail. The Alfa Laval and Wallenius-backed JV company said that the prototype will be assembled at the Oresund DryDocks sh
Belgian tanker shipping major Euronav has announced the results of its long-awaited special meeting of shareholders in Antwerp and the vote on resolutions submitted by the company’s top shareholders Famatown Finance Ltd and Compagnie Maritime Belge NV (CMB). As reported earlier, CMB was seeking the
The European Parliament and the Council have reached a deal on the increase of maritime transport’s contribution to reaching the EU-wide target of achieving climate neutrality in 2050. Namely, early this morning co-legislators agreed on FuelEU Maritime – a new EU regulation ensuring that the greenho
A.P. Moller Maersk has been a strong supporter of decarbonization in the maritime industry and it is targeting to become a net zero-company by 2040. Nevertheless, despite strong ambitions and targets, the business works in such a way that achieving these targets is often impacted by market condition
The municipality of Helgoland has commissioned HPC Hamburg Port Consulting, a German-based consulting firm, to carry out a concept study for the construction of a hydrogen bunker station on the deep-sea island. The study will require HPC to investigate the commercial and infrastructural suitabilit
Elvir Dzanic, the current CEO of Göteborgs Hamn AB, will be the new CEO of shipping company WALLENIUS SOL when Ragnar Johansson hands over the baton. Johansson plans to step down from his post as CEO of the Swedish shipping company to focus on developing the company’s business. “Being part of this
ST Engineering’s Marine business has acquired the site and assets of an existing shipyard in Singapore from Keppel FELS for $95m for its commercial ship repair business. The assets acquired include three floating docks, existing buildings, workshops, and machinery. “This asset purchase eliminates th
BOA OCV has entered into an agreement with an undisclosed buyer to sell the subsea construction vessel BOA Sub C.
Dutch maritime technology company Value Maritime has completed the installation of its Filtree system on board JR Shipping’s container feeder vessel MV Energizer. The installation of the exhaust gas filter system with the optionality to reduce carbon footprint by means of fully circular ‘Carbon Capt
Estonian energy company Eesti Gaas has made agreements with two large LNG terminals in the Finnish-Baltic region to bring a total of ten LNG cargoes by the fall of this year. Under the agreements, Eesti gas will bring three deliveries to the port of Klaipeda in Lithuania in the winter and seven to t
Danish container shipping major Maersk is likely to pursue a development strategy outside of a carrier alliance once its partnership with MSC under 2M ends in 2025. The two liner majors announced the breakup two weeks ago hinting that the move would send shock waves across the container shipping ind
Wallenius Wilhelmsen and project partners have won €9 million worth of funding under the Horizon Europe program to support building a RoRo sailing vessel named the Orcelle Wind. The project, announced back in 2021, is now entering the planning, building, and operating stage set to last for five year
Finnish shipbuilder Rauma Marine Constructions (RMC) has released the timelapse of its two-year-long construction of the new fast passenger ferry MyStar. The time-lapse video shows various stages of the construction process throughout different seasons as we get a behind-the-scenes peek into the cre
