The US Federal Maritime Commission (FMC) has raised concerns about the planned acquisition of Ports America by the Canada Pension Plan Investment Board (CPP Investments), which has previously been a minority investor in the company.
Russia’s largest shipping company PAO Sovcomflot (SCF Group) has signed a new $110 million credit facility to finance two new ice-class shuttle tankers.
The €20 million EuropeWave project has selected independent specialists who will provide technical expertise during the assessment of applications as part of the five-year collaborative programme.
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an Approval in Principle (AiP) under Bureau Veritas’ (BV) Cyber Managed Prepared notation for its smart ship solution.
North America’s port operator QSL has become the very first Canadian maritime company to adhere to the United Nations Global Compact, the world’s largest corporate sustainability initiative.
In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies
The Biden-Harris Administration has passed new legislation as part of which billions of dollars will be invested in US port infrastructure and waterways.
Marine planning and environmental consultancy MarineSpace has secured a contract from Menter Môn related to the environmental monitoring for the Anglesey tidal energy project.
Norwegian RoRo shipping company Höegh Autoliners has decided to launch a private placement of new shares and list the company’s shares on Euronext Growth Oslo in order to accelerate decarbonization investments. As informed, the private placement is expected to raise gross proceeds in the region of N
The Netherlands plans to develop additional 10.7 GW of offshore wind capacity by 2030 in order to meet the EU’s current goal of reducing CO2 emissions by 55 per cent by 2030 compared to the 1990 levels. The Dutch Ministry of Infrastructure and Water Management has now issued the Additional Draft Nor
The International Maritime Organisation (IMO) Council has decided to establish an International Day for Women in Maritime, to be observed on 18 May every year.
Canadian coffee roaster Café William has taken advantage of its partner Sailcargo’s presence at COP26 to announce its investment in the first zero-emission sailing cargo ship to transport its coffee beans from South America to its roasting plant in Sherbrooke, Quebec.
Dutch offshore floating solar specialist Oceans of Energy has announced the upscaling of the world’s first offshore solar farm system for 20 times to 1MW in capacity.
The regulator has launched an investigation following findings of corrosion on Equinor-operated Troll C platform’s gas compressor coolers.
