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Fincantieri Inks €500 Million Sustainability-Linked Loan To Build Cruise Ships

Fincantieri Inks €500 Million Sustainability-Linked Loan To Build Cruise Ships

Italian shipbuilder Fincantieri has signed a sustainability-linked revolving credit facility with compatriot bank Intesa Sanpaolo for a maximum amount of...
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OPEC Expects Oil Demand Growth To Strengthen Moving Forward

OPEC Expects Oil Demand Growth To Strengthen Moving Forward

Crude Oil Price MovementsCrude oil spot prices rose in June, extending the previous month’s increase. Higher futures prices and strong...
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Neptune Energy Extends Collaboration With TechnipFMC

Neptune Energy Extends Collaboration With TechnipFMC

Oil and gas company Neptune Energy has awarded TechnipFMC with a new contract for the delivery of technical services in Norway....
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Ashurst, GCMD To Jointly Boost Shipping’s Decarbonisation Agenda

Ashurst, GCMD To Jointly Boost Shipping’s Decarbonisation Agenda

Singapore-based Global Centre for Maritime Decarbonisation (GCMD) and England-based law firm Ashurst have formalised their partnership by signing a coalition...
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Lamprell Board Likely To Recommend Takeover Offer

Lamprell Board Likely To Recommend Takeover Offer

The Board of cash-strapped Middle East shipyard Lamprell said it would likely recommend acceptance a takeover offer by its largest...
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Christening Of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier “M.V. Cemtex Dominance”

Christening Of U-Ming’s Eco-Friendly Post Panamax Bulk Carrier “M.V. Cemtex Dominance”

A christening ceremony at Oshima Shipbuilding yard in Japan was recently held by U-Ming Marine Transport Corporation (TSEC code: 2606...
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New Bill Would Empower EPA To Regulate CO2, But Only From Ships

New Bill Would Empower EPA To Regulate CO2, But Only From Ships

The U.S. Supreme Court may have undercut the federal government's ability to regulate carbon dioxide emissions, but a new bill from Reps....
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The Bahamas Recognised For Its Consistently High Quality Standards

The Bahamas Recognised For Its Consistently High Quality Standards

One of a minority of Flag Administrations to appear on the recently announced Qualship 21 list, The Bahamas is proud...
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MSC’s TiL Investing $703 Million For Expansion Of Le Harve Terminals

MSC’s TiL Investing $703 Million For Expansion Of Le Harve Terminals

Terminal Investment Limited (TiL) has announced it will invest EUR700m ($703m) into the TPO/TNMSC container terminals at Le Havre. TiL...
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Ammonia-Fueled Tugboat Obtains AiP From Classification Society ClassNK Step Forward Toward Realization Of A Zero-Emission Ship

Ammonia-Fueled Tugboat Obtains AiP From Classification Society ClassNK Step Forward Toward Realization Of A Zero-Emission Ship

On July 11, NYK Line and IHI Power Systems Co., Ltd. (IPS) obtained AiP (Approval in Principle) from Japanese classification...
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Unifeeder, X-Press Feeders Choose ZeroNorth’s Optimisation Services To Achieve Net Zero

Unifeeder, X-Press Feeders Choose ZeroNorth’s Optimisation Services To Achieve Net Zero

Danish technology company ZeroNorth, a digital spin-off of Maersk Tankers, has formed partnerships with compatriot shortsea operator Unifeeder and Singapore-based...
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BP And Thyssenkrupp Steel Work Together To Advance The Decarbonisation Of Steel Production

BP And Thyssenkrupp Steel Work Together To Advance The Decarbonisation Of Steel Production

bp and thyssenkrupp Steel today announced they have signed a memorandum of understanding (MoU) focused on the development of long-term...
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DNV Awards NAPA’s Next-Generation Passenger Ship Stability Management Solution Type Approval

DNV Awards NAPA’s Next-Generation Passenger Ship Stability Management Solution Type Approval

DNV, the world’s leading classification society, has awarded type approval to NAPA’s new onboard stability software for the passenger sector...
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Hengli Group Takes Over STX Dalian Assets

Hengli Group Takes Over STX Dalian Assets

Bankrupt STX Dalian, the Chinese unit of South Korea’s STX Group, has been acquired by Chinese private petrochemical company, Heling...
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Nigeria And Shipping Industry Launch Strategy To Eliminate Piracy Threat In Gulf Of Guinea

Nigeria And Shipping Industry Launch Strategy To Eliminate Piracy Threat In Gulf Of Guinea

The Government of Nigeria and a coalition of global shipping stakeholders have launched a new strategy to end piracy, armed...
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BIMCO President Sabrina Chao: Bring In The Best To Solve Shipping’s Future Challenges

BIMCO President Sabrina Chao: Bring In The Best To Solve Shipping’s Future Challenges

With half her term as BIMCO President under her belt, Sabrina Chao is charged with enthusiasm for her role. As...
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Frontline Ltd. Considers Voluntary Public Takeover Bid On Euronav NV

Frontline Ltd. Considers Voluntary Public Takeover Bid On Euronav NV

Frontline Ltd. is pleased to announce that it has entered into a definitive Combination Agreement with Euronav NV for a...
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MOL Expands Deployment For Wind Propulsion On Dry Bulk Carriers

MOL Expands Deployment For Wind Propulsion On Dry Bulk Carriers

MOL Drybulk, the bulk shipping division of Japan’s Mitsui O.S.K. Lines is continuing to move forward with its efforts to...
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United Maritime Announces Accretive Acquisition Of A Fleet Of Four Aframax Petroleum Tankers

United Maritime Announces Accretive Acquisition Of A Fleet Of Four Aframax Petroleum Tankers

United Maritime Corporation announced today that it has entered into agreements with unaffiliated third parties to purchase a fleet of...
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PSA DCT Gdansk To Begin T3 Expansion Project

PSA DCT Gdansk To Begin T3 Expansion Project

DCT Gdansk, the operator of the largest container terminal complex on the Baltic Sea, has signed a contract for the...
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