Swedish-Israeli wave energy company Eco Wave Power has transported the first set of floaters and supporting structures for its grid-connected wave energy project to the Jaffa Port project site in Israel.
Greek multinational financial services company Piraeus Bank has reached an agreement to sell a portfolio of non-performing shipping loans for €400 million (about 452.7 million).
Welsh marine energy company Marine Power Systems (MPS) has launched a research project, in collaboration with the Swansea University, to help understand the whole life costs and recyclability of its marine energy technology.
French shipping giant CMA CGM has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal, one of the largest terminals in the Port of Los Angeles that provides container handling services to shipping lines.
AET has taken delivery of the first of three Suezmax DP2 shuttle tankers, purpose-built for a charter inked with Shell for ops in Brazil.
UK’s investment company Tufton Oceanic Assets Limited has decided to expand its fleet with two vessels.
Skuld, a marine insurance provider, has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping, an independent not-for-profit research and development center, as part of its stated intention to protect ocean industries.
UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.
The third and final dual-fuel LNG battery hybrid pure car and truck carrier (PCTC) has been launched in China for United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo transportation.
Maritime engineering company Conoship International Projects has developed an environmentally friendly diesel-electric propulsed 3600 dwt general cargo vessel, suited for sea-river operations.
NeuConnect, a new interconnector between the UK and Germany, has received permits from the relevant Dutch authorities for works offshore the Netherlands. A section of the project’s subsea cabling route will pass through Dutch waters in the North Sea, requiring a Water Permit and a Nature Permit, whi
Norwegian offshore petroleum safety regulator has granted Aker BP consent for exploration drilling in the North Sea.
South Korean shipyard Samsung Heavy Industries (SHI) has placed another order with French containment specialist GTT for the tank design of a new LNG carrier.
Hudong Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has finished the construction of the fourth 15,000 TEU ultra-large container ship for the French shipping major CMA CGM.
