Mitsui O.S.K. Lines, Ltd. yesterday announced the conclusion of a Transition linked loan, relying on a transition finance framework and the Sustainability-Linked Loan Principles, to finance one of the world’s largest LNG bunkering vessels, named ‘Gas Vitality‘. The...

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Indian Register of Shipping (IRClass) has announced changes to key organisational roles as the international ship classification society plans for considerable future growth. With the pandemic slowly receding and businesses gradually return to normalcy, the...

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A California-based start-up released its design concepts for the first fully electric hydrofoil ferry. Using the revolutionary design, the company says will make it possible to double the speed and range of existing electric ferries. “Hydrofoil technology is the key...

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Tanker markets have been down in 2021. This was also the case for the third quarter. There are now improved conditions for our Suezmax vessels. During the last two weeks, we have concluded contracts reflecting this. We wish to share the following with you: 1....

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IMO has reported on its latest progress and achievements in addressing GHG emissions from international shipping at the United Nations Climate Change Conference (COP 26), in Glasgow, United Kingdom (31-12 November). In a statement to the Subsidiary Body for Scientific...

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