News Flash

SAAM Expands In Brazil Acquiring 17 Tugs From Starnav

SAAM's Towage Division is buying 17 tugs operating in Brazil from Starnav, plus four newbuilds under construction, for $198m. SAAM...
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Climeon Introduces Next-Gen WHR Technology: HeatPower 300 Marine

Climeon’s latest waste heat recovery solution, HeatPower 300 Marine, received a positive reception when it was introduced to the industry at Seatrade...
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Years Behind Schedule, Russian Icebreaker Finally Begins Ice Trials

Russia’s new diesel-electric icebreaker Viktor Chernomyrdin has finally made its maiden voyage to the Arctic to undergo ice trials, 18 months after...
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AD Ports Signs Agreement To Develop Egypt’s Safaga Port

Abu Dhabi's AD Ports Group is to develop, operate, and manage a multi-purpose terminal at Safaga Port on Egypt's east...
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Cambodia Starts Construction Of $1.5 Billion Kampot Port

Cambodia has started construction of the first phase of a $1.5bn multi-purpose port in Kampot. Ground was broken on The International...
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Wan Hai Agrees To $850K Civil Penalty With FMC Over D&D Charges

Wan Hai has become the second major carrier recently fined by the Federal Maritime Commission over violations of the Shipping...
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Enbridge, Humble Midstream To Work On Hydrogen And Ammonia Facility

North American energy companies Enbridge and Humble Midstream will jointly develop a low-carbon hydrogen and ammonia production and export facility near...
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Yara Mulls IPO Of Clean Ammonia Business

Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the...
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Standard ETC Pays $10 Million For Stake In Norwegian Offshore Drilling Contractor

Cyprus-based and Oslo-listed S.D. Standard ETC has acquired an interest in the Norway-based Dolphin Drilling, a harsh environment drilling operator...
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NYK Concludes Fourth Long-Term Charter Agreement For LNG Carrier With EDF LNG Shipping

France LNG Shipping SAS,* an NYK affiliated company, has signed a long-term charter contract for a new liquefied natural gas...
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New Energy Innovation Campus In UK Set To Transform Large-Scale Manufacturing

A global center of excellence aiming to transform large-scale manufacturing for energy transition-related sectors through innovation and skills development has...
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Oil Tanker Owner And Operator To Pay $3 Million Criminal Fine For Obstructing Justice And Concealing Pollution

A U.S. District Court Judge in Delaware has sentenced the owner and operator of a foreign-flag tanker to pay a...
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Stolt Tankers To Purchase Three 33,600 DWT Chemical Tankers

Stolt-Nielsen Limited (Oslo Børs: SNI) announced Friday that Stolt Tankers B.V. has entered into agreements to acquire three 33,600 dwt...
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HAV Group Receives Preliminary Approval For Hydrogen-Based Energy System For Ships

HAV Group ASA has been granted preliminary approval for the hydrogen-based energy system developed in the FreeCO2ast project. The approval...
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Singapore Traces Bad Bunkers To Khor Fakkan Cargo

Singapore authorities say contaminated fuel bunkered by around 200 ships in the port originated from a fuel oil cargo loaded...
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Stolt Tankers, Rotterdam Port, Vopak To Explore Shore Power Use For Chemical Tankers

Norwegian tanker operator Stolt Tankers, part of Stolt-Nielsen, has signed a memorandum of understanding (MOU) with the Dutch Port of...
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IWSA, IBIA And Kpler Join Global Centre For Maritime Decarbonisation

The International Windship Association (IWSA), International Bunker Industry Association (IBIA) and data analytics firm Kpler have joined the Global Centre...
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Port Of Rotterdam Eyes Green Corridor With Singapore

The Port of Rotterdam is eyeing developing a green corridor with Singapore as a growing number of countries look to...
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Hornblower Receives $8M Grant To Develop Hydrogen Fueling Station

Efforts are underway for the design and construction of what could become the first floating green hydrogen fueling station for...
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Ørsted And NABTU Sign ‘Historic’ Project Labor Agreement For U.S. Offshore Wind

Offshore wind developer Ørsted and North America’s Building and Trade Unions (NABTU) have agreed to a “historic” national project labor...
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