News Flash

Ex-Wärtsilä Execs Plan To Serve Russian Market For E-Nav Products

When Russia invaded Ukraine in February, Finnish technology company Wärtsilä suspended all deliveries, sales, orders, and bidding for Russian customers....
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Rainbow Industries Acquiring Kalmar’s China Heavy Crane Assets

China’s Rainbow Industries and Kalmar, a part of Cargotec, have entered into an agreement that Kalmar will transfer heavy cranes’...
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VDMA, VSM Roll Out PtX Roadmap For Maritime Energy Transition

German Mechanical Engineering Industry Association (VDMA) and German Shipbuilding and Ocean Industries Association (VSM) have presented a power-to-X (PtX) roadmap for the...
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Seafarers Welfare Fund Launches Survey On Maritime Response To Ukraine Conflict

The Seafarers International Relief Fund has called for feedback on what more needs to be done to support seafarers impacted...
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Ocean Sun And Keppel Team Up For Nearshore Floating Solar Project In Singapore

Keppel Infrastructure has secured a grant from the Energy Market Authority (EMA) and JTC to pilot the first membrane-based nearshore...
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Israel Sells Haifa Port To India’s Adani Ports, Israel’s Gadot For $1.2 Billion

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders...
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HMM Targets More Green Ships With New Multi-Billion-Dollar Investment

South Korean shipping company HMM has unveiled its future growth strategy involving a KRW 15 trillion (about $11.3 billion) investment...
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FMC Releases Interim Guidance For Enforcement Of D&D Fee Disputes

A month after the passage of the Ocean Shipping Reform Act, the U.S. Federal Maritime Commission has taken its first...
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Vatican Calls For Access To Shore Leave For Seafarers’ Wellbeing

The Vatican is pushing for shipping lines and governments across the globe to allow seafarers to take shore leave in...
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Tsakos Energy Navigation Shuttle Tanker PORTO Delivered With DNV Class

In a recent ceremony held at Daehan Shipbuilding Co. Ltd in Korea., Greek Tsakos Columbia Shipmanagement (TCM), took delivery of...
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Great Opportunity For Green Maritime Infrastructure In Brazil

Recent regulatory changes to promote cabotage in Brazil present a great opportunity to create cleaner maritime infrastructure, according to IICT....
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450 Face Layoffs As Wärtsilä Moves Ship Engine Manufacturing From Italy To Finland

Finnish ship engine maker Wärtsilä has announced plans to ramp down manufacturing in Trieste, Italy as it centralizes its European...
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North P&I Joins Maritime Anti-Corruption Network

Insurer North P&I has become the latest member of the Maritime Anti-Corruption Network (MACN). MACN is a global business network...
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Israel To Sell Haifa Port For $1.2 Billion

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders...
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ConexBird And DP World Sign Container Condition Proof Of Concept Deal

ConexBird will trial its container physical condition measuring system on three cranes at Jebel Ali in a deal with DP...
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Panama Canal’s Simplified Tolls Structure Approved By Panama’s Cabinet Council

The Cabinet Council of the Republic of Panama has approved the tolls structure recommended by the Panama Canal Board of...
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Marsoft And ClimeCo Collaborate To Accelerate Decarbonization In Shipping

Marsoft Inc., the leading maritime consultancy, and ClimeCo LLC, a leader in the carbon credits market, announce a collaboration to...
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Reach Subsea Preparing Fleet For ‘Strong Market Development’

Reach Subsea has entered into an agreement with Volstad Maritime for the use of the subsea vessel Deep Cygnus as...
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WinGD And Chord X To Bring CII Insights To Engine Users Under New Partnership

Swiss marine power company WinGD has signed a proof-of-concept agreement with emissions data specialist Chord X to develop digital solutions...
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“K” Line Group Starts Collaborative Research On Decarbonization With Emirates Global Aluminium

Kawasaki Kisen Kaisha, Ltd. Group (“K” Line Group) is pleased to announce that we signed the memorandum of understanding with...
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