News Flash

450 Face Layoffs As Wärtsilä Moves Ship Engine Manufacturing From Italy To Finland

450 Face Layoffs As Wärtsilä Moves Ship Engine Manufacturing From Italy To Finland

Finnish ship engine maker Wärtsilä has announced plans to ramp down manufacturing in Trieste, Italy as it centralizes its European...
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North P&I Joins Maritime Anti-Corruption Network

North P&I Joins Maritime Anti-Corruption Network

Insurer North P&I has become the latest member of the Maritime Anti-Corruption Network (MACN). MACN is a global business network...
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Israel To Sell Haifa Port For $1.2 Billion

Israel To Sell Haifa Port For $1.2 Billion

Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders...
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ConexBird And DP World Sign Container Condition Proof Of Concept Deal

ConexBird And DP World Sign Container Condition Proof Of Concept Deal

ConexBird will trial its container physical condition measuring system on three cranes at Jebel Ali in a deal with DP...
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Panama Canal’s Simplified Tolls Structure Approved By Panama’s Cabinet Council

Panama Canal’s Simplified Tolls Structure Approved By Panama’s Cabinet Council

The Cabinet Council of the Republic of Panama has approved the tolls structure recommended by the Panama Canal Board of...
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Marsoft And ClimeCo Collaborate To Accelerate Decarbonization In Shipping

Marsoft And ClimeCo Collaborate To Accelerate Decarbonization In Shipping

Marsoft Inc., the leading maritime consultancy, and ClimeCo LLC, a leader in the carbon credits market, announce a collaboration to...
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Reach Subsea Preparing Fleet For ‘Strong Market Development’

Reach Subsea Preparing Fleet For ‘Strong Market Development’

Reach Subsea has entered into an agreement with Volstad Maritime for the use of the subsea vessel Deep Cygnus as...
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WinGD And Chord X To Bring CII Insights To Engine Users Under New Partnership

WinGD And Chord X To Bring CII Insights To Engine Users Under New Partnership

Swiss marine power company WinGD has signed a proof-of-concept agreement with emissions data specialist Chord X to develop digital solutions...
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“K” Line Group Starts Collaborative Research On Decarbonization With Emirates Global Aluminium

“K” Line Group Starts Collaborative Research On Decarbonization With Emirates Global Aluminium

Kawasaki Kisen Kaisha, Ltd. Group (“K” Line Group) is pleased to announce that we signed the memorandum of understanding with...
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World’s First Electric Fast Ferry Is Ready To Enter Service

World’s First Electric Fast Ferry Is Ready To Enter Service

The world’s first fully electric and zero-emission fast ferry, classed as a high-speed craft, recently completed construction and is being...
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Port Of Los Angeles Kicks Off Peak Season With Record June

Port Of Los Angeles Kicks Off Peak Season With Record June

Port of Los Angeles Executive Director Gene Seroka says clearing cargo—rail cargo, in particular— is critical to avoiding nationwide logjam...
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NIBC Shipping Portfolio Surpasses EUR1 Billion

NIBC Shipping Portfolio Surpasses EUR1 Billion

A focus on asset-based financing solutions has paid off for NIBC as its shipping portfolio passes the EUR1bn mark. NIBC...
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Seaway 7 Opts For CRP Subsea Cable Protection For Changfang & Xidao Offshore Wind Farm

Seaway 7 Opts For CRP Subsea Cable Protection For Changfang & Xidao Offshore Wind Farm

Seaway 7 has contracted CRP Subsea to provide 140 NjordGuard cable protection systems and bellmouths for the Changfang and Xidao...
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Amid High Fossil Fuel Prices, Renewable Power Saves Around $55 Billion, Says IRENA

Amid High Fossil Fuel Prices, Renewable Power Saves Around $55 Billion, Says IRENA

The International Renewable Energy Agency (IRENA), an intergovernmental organisation aiming to promote renewable energy as the key to a sustainable...
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Berge Bulk Vessels To Receive Anemoi Rotor Sails In Its Move Towards A Zero-Emission Fleet

Berge Bulk Vessels To Receive Anemoi Rotor Sails In Its Move Towards A Zero-Emission Fleet

Singapore-based dry bulk owner Berge Bulk today announced that it had signed agreements with Anemoi Marine Technologies Ltd – a...
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MOL And Karasawa Agricultural Machinery’s Project For Commercialization Of Small-Scale Private Rice Mills Selected For Japan’s Ministry Of Agriculture, Forestry And Fisheries Subsidy Project

MOL And Karasawa Agricultural Machinery’s Project For Commercialization Of Small-Scale Private Rice Mills Selected For Japan’s Ministry Of Agriculture, Forestry And Fisheries Subsidy Project

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that, with Karasawa Agricultural Machinery Service Co., Ltd....
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Key Energy Transition Hub: European Port Antwerp-Bruges Becomes Foundation Member Of H2Global

Key Energy Transition Hub: European Port Antwerp-Bruges Becomes Foundation Member Of H2Global

Officially merged in April 2022, Port of Antwerp-Bruges perceives itself in a key role for the production, distribution and use...
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DESMI OptiSave™ Installations Have Reached Accumulated Savings Of 1-Million-Tonnes CO2

DESMI OptiSave™ Installations Have Reached Accumulated Savings Of 1-Million-Tonnes CO2

DESMI´s Energy Saving Solution, named OptiSave™, offers simple power management for energy efficiency compliance. When installing a pump, normal procedure...
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Tellurian To Buy Natural Gas Assets In Haynesville Shale

Tellurian To Buy Natural Gas Assets In Haynesville Shale

U.S. LNG project developer Tellurian wants to purchase natural gas assets from privately held oil and gas company EnSight located...
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UK Government Releases Seafarer Suicide Report Alongside Wellbeing Tool

UK Government Releases Seafarer Suicide Report Alongside Wellbeing Tool

The UK Government released its Wellbeing at Sea Tool alongside a report into seafarer suicide and mental health. The report...
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