Gasum, the Nordic energy company owned by the State of Finland, is collaborating with Equinor on a series of liquefied biomethane (bio-LNG) bunkering operations in the Port of Dusavik, in Stavanger, Norway. The latest bunker, which was carried out in mid-July,...
The Royal Navy’s UK Maritime Trade Operations (UKMTO) has reported a new and unique Houthi attack at a position off Mokha, Yemen. The terrorist organization has historically used UAVs, USVs and ballistic missiles to target shipping, but this attempt involved...
Greek vessel owner Euroseas reported total revenues of US$105.4 million in the first half of the year, representing a 17.6% increase over total revenues in the same period in 2023. Additionally, the company achieved net income of US$60.8 million and adjusted net...
Shippers should expect ongoing volatility in container shipping freight markets through 2025. According to Lars Jensen, CEO of Vespucci Maritime, even with operations resuming through the Suez Canal, immediate relief from disruptions and soaring freight rates is not...
A long-term supplier to the offshore energy sector, Samsung Heavy Industries looks to leverage its expertise to expand into offshore wind farms. Through a series of agreements with Norway’s Equinor, the companies plan to work together if Equinor is successful in its...
Pledge has been selected by logistics giant DP World to accurately measure the impact of its Modal Shift Programme (MSP) which financially incentivises cargo owners to switch from road to rail for freight transport from the Port of Southampton to railheads within a...