Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. The financing round was announced during COP28 in Dubai where Blue
Singapore-based digital technology company MariApps Marine Solutions has signed an agreement that will enhance the digitalization of Kuwait Oil Tankers’ Company (KOTC) fleet operations.
Classification society ClassNK has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI), which will be powered by green fuels.
Japanese shipping company NYK has entered into a time charter contract with compatriot Mitsui & Co., Ltd. for the transportation of ammonia. NYK revealed that the deal was signed in October and that it would use its Panama-flagged LPG carrier, the Berlian Ekuator, as the key vessel for the shipments
Seatools has completed factory acceptance tests (FAT) for what it describes as a highly innovative fall pipe remotely operated vehicle (ROV) developed for DEME Group. The ROV will be deployed on DEME’s upcoming subsea rock installation vessel Yellowstone, scheduled to join the fleet in the first hal
Pacific Basin Shipping Limited, a Hong Kong-listed player in dry bulk shipping, has concluded its $150 million sustainability-linked 3-year senior unsecured committed revolving credit facility. This signifies Pacific Basin’s first foray into sustainability-linked loan facilities, the company said, a
Classification society DNV has awarded Approval in Principle (AiP) to China Merchants Jinling Shipyard (Nanjing) Co. for its 11,000-CEU capacity pure car and truck carrier (PCTC) design.
Helix Energy Solutions has confirmed the arrival of its DP3 semi-submersible vessel to Victoria’s second largest port, GeelongPort.
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Marine energy solutions provider KPI OceanConnect, in cooperation with Titan Clean Fuels and SFL Corporation, has completed the first LNG bunkering operation for SFL’s newly built car carrier Emden. The LNG bunkering operation took place in the Port of Emden, KPI OceanConnect informed on December 5.
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
Norwegian equipment provider Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two MGO/biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi AB.
The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig
