Danish shipping company Dan-Unity CO2 is ready to order the world’s first vessels capable of large-scale CO2 transportation.
UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.
Bermuda-based ship owner and charterer SFL Corporation has agreed to acquire four modern Aframax LR2 product tankers for an aggregate purchase price of $160 million.
CMA CGM delivered a strong financial performance for the third quarter of 2021 with a net income rising to $5.6 billion from $567 million seen in Q3 2020.
Towage operator Svitzer, part of A.P. Moller – Maersk revealed plans to convert its whole fleet of 10 tugs in London and Medway to be powered by marine biofuel, following a successful pilot.
Swedish shipping company Thun Tankers has welcomed the last in a series of LNG-fueled chemical tankers built by Dutch shipbuilder Ferus Smit.
The third hybrid roll-on/roll-off (RoRo) vessel ordered by Finnish shipping company Finnlines was launched at China Merchants Jinling Shipyard (Jiangsu) on 22 November 2021.
Emissions verification company Verifavia Shipping has launched the real-time carbon intensity indicator (CII) dashboard to determine the operational efficiency and CII rating of ships over 5,000 GT.
Swire Projects, the projects division of Swire Shipping, has signed an agreement with the Hamburg-based Nordic Projects & Finance (NPF) for the long-term charter of six multipurpose (MPP) heavy-lift vessels.
Bulk carrier Frontier Sky, which is owned by Japanese shipping major NYK and operated by Singapore-based Tata NYK Shipping, has conducted a trial use of biofuel to transport cargo provided by Tata Steel Limited, a major steel manufacturer in India.
Shipping company Capital Product Partners (CPLP) has taken delivery of two LNG carriers Attalos and Asklipios from the Korean shipyard Hyundai Heavy Industries.
French energy major TotalEnergies is preparing to drill a wildcat well in waters offshore Namibia, using a Maersk Drilling-owned drillship.
A significant number of contract notices seeking services within the offshore wind industry has been issued over the past several weeks. The work required spans several European markets and covers offshore investigations, certification services, vessel services, offshore maintenance, electricity out
The March 2021 grounding of the 20,150 TEU containership Ever Given and the consequent blockage of the Suez Canal had far-reaching implications for the shipping industry.
