Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike. Equipped with Vard Electro’s SeaQ Energy Storage System, the Platform Supply Vessel has recorded an 11% fuel savings across all...

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Port activity in Georgia now supports 650,965 full- and part-time jobs across the Peach State, according to an economic impact study by the University of Georgia’s Terry College of Business. The statewide number has grown by 41,770 jobs or 7 percent compared to fiscal...

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HD Hyundai Heavy Industries Co., the world’s largest shipyard by order volume, will merge with HD Hyundai Mipo Co., the leading builder of medium-sized vessels. The move is intended to expand the merged entity’s defense portfolio and step up participation in the South...

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Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund. The announcement was made in time for the christening...

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Platts, part of S&P Global Commodity Insights, will launch a daily Rotterdam subsidised bio-LNG bunker fuel price assessment reflecting the value of spot bio-LNG bunker fuel volumes delivered on a barge-to-ship basis in Rotterdam, effective Sept. 25. Platts will...

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The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker shipping company Furetank is now taking the lead, reducing its own emissions to a fraction through biogas operations and...

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