Global Chartering Limited (GCL), a joint venture between Luxembourg-based steelmaker Arcelor Mittal and Greek shipping company DryLog, has formed a strategic partnership with Greece-based bunker supplier SEKAVIN to strengthen marine fuel supply and logistics.
Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, a Dutch tank terminal operator focused on handling and storing chemical cargo in Europe and the US, in a deal worth a whopping $1.7 billion. As disclosed, the deal was signed on March 7, 2025, and is now pe
The aft part of the highly customized hybrid power cable lay and construction vessel that VARD is building for the Japanese offshore wind market has arrived at the company’s Tulcea shipyard where it will be joined with the forward parts of the hull. The Norwegian ship designer and shipbuilder held t
Singapore-based shipowner Eastern Pacific Shipping (EPS) has teamed up with South Korean marine engineering solutions provider DongHwa Entec (DHE) for the installation of a high-pressure compressor on an LNG-fueled containership.
Canadian natural gas producer ARC Resources has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP), an affiliate of the U.S. energy giant ExxonMobil. The LNG will come from a floating liquefied natural gas (FLNG) project un
Greece has reaffirmed its commitment to constructing a subsea power link to Cyprus following reports that the project was halted over financial and geopolitical concerns, Reuters reported. The 1,240-kilometer Great Sea Interconnector, previously known as the EuroAsia Interconnector, is envisioned to
The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.
French shipbuilder Chantiers de l’Atlantique has entered a collaborative agreement with Finnish maritime software provider NAPA to enhance the efficiency of its hull design process by co-developing advanced 3D software and digital workflows.
Australia’s Port of Newcastle has signed a formal advisory agreement with Japan’s Mitsubishi Heavy Industries (MHI) to advance its Clean Energy Precinct (CEP) project.
The first of four 24,000 TEU LNG dual-fuel containerships ordered by French shipping major CMA CGM at China’s Hudong-Zhonghua shipyard has completed sea trials.
Researchers from Observatoire Océanologique de Banyuls-sur-Mer have completed the first environmental sampling mission for the French renewable energy company Solarin Blue’s Méga Sète offshore floating solar project. According to SolarinBlue, the assessment, carried out off the coast of the Port de
Singapore-based dry bulk owner Berge Bulk has completed the ‘world’s first’ retrofit installation of a front-end shaft generator on a 208,718 dwt Newcastlemax vessel, aiming for both emission reduction and energy efficiency. The vessel in question is the 299-meter-long bulk carrier Berge Dachstein.
Keppel Infrastructure Fund (KIF) and its co-investor have acquired a 100% stake in subsea cable solutions provider Global Marine Group (GMG) from investment affiliates of J.F. Lehman & Company, marking the fund’s first investment. The UK-headquartered GMG operates a fleet of six vessels and offers c
A jack-up rig owned by offshore drilling contractor Valaris has reached its destination in Angola after traveling from the United States for over a month.
