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Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub

Norne and Port of Aalborg Sign 30-Year Exclusive Agreement, Accept EU CEF Grant and Launch Construction of CO2 Hub
Since establishing an exclusive partnership in 2021, the Norne Carbon Storage Hub (“Norne”), a Fidelis New Energy, LLC portfolio company, and the Port of Aalborg have executed definitive agreements for the Norne CO2 reception facility with the initial site designed to...
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Norwegian officials, businesses optimistic on green maritime cooperation with China

Norwegian officials, businesses optimistic on green maritime cooperation with China
From cutting-edge green ships to smart emission control systems, Norwegian officials and business leaders say that China-Norway maritime cooperation is entering a new phase — one that promises not only mutual economic benefits but also real progress in tackling global...
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LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design

LR, HD Hyundai Mipo and PanOcean collaborate on new Ultramax Bulk Carrier design
Lloyd’s Register (LR), HD Hyundai Mipo Dockyard Co., Ltd (HMD) and PanOcean have signed a Joint Development Project (JDP) agreement for a new design of Ultramax bulk carrier. The JDP was formally presented during Nor-Shipping 2025, held at NOVA Spektrum in Lillestrøm,...
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ABS Approves Ammonia Cracking Technology for Ships from Pherousa

ABS Approves Ammonia Cracking Technology for Ships from Pherousa
ABS issued approval in principle (AIP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane fuel cells and fuel gas supply system (FGSS) for fully electric propulsion. The emissions-free propulsion system is...
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The cost of unreliability in ocean shipping – and how to mitigate it

The cost of unreliability in ocean shipping – and how to mitigate it
With more than 80% of the world’s traded goods transported by sea, ocean shipping is widely considered the cornerstone of global trade. But numerous disruptions – a global pandemic, extreme weather events, geopolitical tensions, labour disputes, trade...
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Saving the ocean is a test of multilateralism: IMO Secretary-General

Saving the ocean is a test of multilateralism: IMO Secretary-General
Ahead of World Oceans Day (8 June), Secretary-General Arsenio Dominguez says the momentum for collective international action must grow stronger, not wane. The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez, has called on the...
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