News Flash

World’s First Electric Fast Ferry Is Ready To Enter Service

The world’s first fully electric and zero-emission fast ferry, classed as a high-speed craft, recently completed construction and is being...
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Port Of Los Angeles Kicks Off Peak Season With Record June

Port of Los Angeles Executive Director Gene Seroka says clearing cargo—rail cargo, in particular— is critical to avoiding nationwide logjam...
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NIBC Shipping Portfolio Surpasses EUR1 Billion

A focus on asset-based financing solutions has paid off for NIBC as its shipping portfolio passes the EUR1bn mark. NIBC...
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Seaway 7 Opts For CRP Subsea Cable Protection For Changfang & Xidao Offshore Wind Farm

Seaway 7 has contracted CRP Subsea to provide 140 NjordGuard cable protection systems and bellmouths for the Changfang and Xidao...
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Amid High Fossil Fuel Prices, Renewable Power Saves Around $55 Billion, Says IRENA

The International Renewable Energy Agency (IRENA), an intergovernmental organisation aiming to promote renewable energy as the key to a sustainable...
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Berge Bulk Vessels To Receive Anemoi Rotor Sails In Its Move Towards A Zero-Emission Fleet

Singapore-based dry bulk owner Berge Bulk today announced that it had signed agreements with Anemoi Marine Technologies Ltd – a...
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MOL And Karasawa Agricultural Machinery’s Project For Commercialization Of Small-Scale Private Rice Mills Selected For Japan’s Ministry Of Agriculture, Forestry And Fisheries Subsidy Project

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that, with Karasawa Agricultural Machinery Service Co., Ltd....
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Key Energy Transition Hub: European Port Antwerp-Bruges Becomes Foundation Member Of H2Global

Officially merged in April 2022, Port of Antwerp-Bruges perceives itself in a key role for the production, distribution and use...
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DESMI OptiSave™ Installations Have Reached Accumulated Savings Of 1-Million-Tonnes CO2

DESMI´s Energy Saving Solution, named OptiSave™, offers simple power management for energy efficiency compliance. When installing a pump, normal procedure...
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Tellurian To Buy Natural Gas Assets In Haynesville Shale

U.S. LNG project developer Tellurian wants to purchase natural gas assets from privately held oil and gas company EnSight located...
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UK Government Releases Seafarer Suicide Report Alongside Wellbeing Tool

The UK Government released its Wellbeing at Sea Tool alongside a report into seafarer suicide and mental health. The report...
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Fincantieri Inks €500 Million Sustainability-Linked Loan To Build Cruise Ships

Italian shipbuilder Fincantieri has signed a sustainability-linked revolving credit facility with compatriot bank Intesa Sanpaolo for a maximum amount of...
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OPEC Expects Oil Demand Growth To Strengthen Moving Forward

Crude Oil Price MovementsCrude oil spot prices rose in June, extending the previous month’s increase. Higher futures prices and strong...
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Neptune Energy Extends Collaboration With TechnipFMC

Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery of technical services in Norway....
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Ashurst, GCMD To Jointly Boost Shipping’s Decarbonisation Agenda

Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and England-based law firm Ashurst have formalised their partnership by signing a coalition...
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Lamprell Board Likely To Recommend Takeover Offer

The Board of cash-strapped Middle East shipyard Lamprell said it would likely recommend acceptance a takeover offer by its largest...
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Christening Of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier “M.V. Cemtex Dominance”

A christening ceremony at Oshima Shipbuilding yard in Japan was recently held by U-Ming Marine Transport Corporation (TSEC code: 2606...
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New Bill Would Empower EPA To Regulate CO2, But Only From Ships

The U.S. Supreme Court may have undercut the federal government's ability to regulate carbon dioxide emissions, but a new bill from Reps....
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The Bahamas Recognised For Its Consistently High Quality Standards

One of a minority of Flag Administrations to appear on the recently announced Qualship 21 list, The Bahamas is proud...
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MSC’s TiL Investing $703 Million For Expansion Of Le Harve Terminals

Terminal Investment Limited (TiL) has announced it will invest EUR700m ($703m) into the TPO/TNMSC container terminals at Le Havre. TiL...
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