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Kongsberg Maritime secures 800 million NOK contract from Fujian Mawei Shipbuilding in China for ten Capital Offshore new build Platform Supply Vessels.
The contract win, worth NOK 800 million or nearly $73.3 million, which was secured with China’s Fujian Mawei Shipbuilding, will see...
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CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular...
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Top officials to meet in Hong Kong for high-level summit on global trade and rising protectionism
Amid rising trade tensions and increasing protectionist measures leaders of the maritime sector will gather for The Hong Kong Global...
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Fincantieri Group signs MoU with Barzan Holdings for anti-drone radar system in Qatar
Fincantieri Group has signed a Memorandum of Understanding (MoU) with Barzan Holdings, a company wholly owned by the Qatari Ministry...
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DNV and Metal Industries Research & Development Centre (MIRDC) to combine expertise in promoting renewable energy technology in Taiwan
Under the three-year agreement, DNV and MIRDC will work together on a range of initiatives, including floating solar and wind...
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LR publishes Recommended Practices for Floating Offshore Wind Turbine Support Structures
Lloyd's Register (LR) has published its first Recommended Practice (RP) for Floating Offshore Wind Turbine Support Structures marking a significant milestone in the...
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Iron ore retreats as mounting concerns on weakening steel demand weigh
Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material...
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A Record September And All-Time Best Quarter At Port Of Los Angeles
The Port of Los Angeles handled a record 954,706 Twenty-Foot Equivalent Units (TEUs) in September, a 27% increase over the...
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Wärtsilä’s lead in Cargo Handling Systems continues with contract for four new VLAC vessels
Wärtsilä Gas Solutions, part of technology group Wärtsilä, continues to strengthen its position as a market-leading supplier of advanced cargo...
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Investigating maritime community perceptions of ammonia as a marine fuel
The International Maritime Organization’s (IMO) 2023 Greenhouse Gas (GHG) Strategy has three interlinked ambitions: a reduction in carbon intensity of...
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OceanScore Engages Greek Shipping Community in Key Discussions on FuelEU and Sustainability at Two Major Events in Athens
Last week, OceanScore reaffirmed its commitment to the Greek maritime industry by actively participating in two prominent events in Athens,...
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CMA CGM Group and SUEZ sign a memorandum of understanding to develop the production of biomethane in Europe and the low-carbon transition of maritime transport
CMA CGM Group, a global player in maritime, land, air and logistics solutions, and SUEZ, a world leader in circular...
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LNG freight rates hit multiyear lows amid weak demand, ample supply
LNG freight rates have plummeted to multiyear lows in the week ended Oct. 18, approaching operational expense thresholds and prompting...
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Russia to use ship-to-ship LNG loadings to free up ice-class tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to...
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Amasus signs second contract with bound4blue for world’s largest suction sail system on a general cargo vessel
Amasus, one of Europe’s leading players in the shortsea, bulk, general cargo, offshore and heavy lift segments, has signed a...
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Baltic index falls as rates decline across all vessels
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday...
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Ammonia-Powered Engine to be Developed for Medium-Speed Marine Applications
MAN Energy Solutions launches ‘AmmoniaMot 2’ research project with industry partners and research institutes Having designed and tested the first...
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Mongolian coal haul to China surges in mid-Oct; coal stocks rise
The daily coal haul by Mongolian trucks to China rebounded in mid-October after heavy rain disrupted logistics in early September,...
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Iron ore gains on firm near-term demand, more China rate cuts
Iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China...
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Indian Register of Shipping and SeaTech sign MOU for International Collaboration on Green Tug Design and Sustainable Initiatives
Indian Register of Shipping (IRS), a globally recognized classification society, is proud to announce the signing of a Memorandum of...
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