Wärtsilä has been hired to equip a new purpose-built semi-submersible heavy transport vessel (HTV), which will expand the fleet of Switzerland-based offshore contractor Allseas Group upon completion, with engines, featuring readiness to use alternative sustainable fuels and a modular design, said to
UK-headquartered shipping company Union Maritime has taken delivery of the first of two newbuild long-range (LR2) tankers equipped with liquefied natural gas (LNG) dual-fuel and wind-assisted propulsion solutions.
A hybrid survey and remotely operated vehicle (ROV) support vessel that will kickstart a charter for N-Sea Group has officially been launched in the Netherlands. N-Sea signed a long-term charter agreement with Mainport Shipping at the end of 2024 for the delivery of Geo Master, built by Neptune Cons
James Fisher and Sons is investing in a U.S.-based autonomous marine technology company to support the development and deployment of what is said to be the world’s first and only wind and solar-powered autonomous underwater and surface vehicle (AUSV). James Fisher announced it was investing a strate
U.S.-based dry bulk shipowner Genco Shipping & Trading has turned down the acquisition offer from Diana Shipping, a Greece-headquartered shipping company.
Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service.
Vard, the Norwegian shipbuilding subsidiary of Italy’s Fincantieri Group, has been hired to build four new multi-purpose robotic vessels (MPVs) for Ocean Infinity, a Houston-based marine robotics company.
Japanese trading company ITOCHU Corporation and shipping major Mitsui O.S.K. Lines (MOL) have signed a memorandum of strategic partnership to advance the use of environmental attribute certificates for decarbonization in the transportation sector. By leveraging their respective strengths and collabo
Bermuda-based bulk carrier company Himalaya Shipping has secured a new time charter agreement for its LNG dual-fuel 210,000 dwt Newcastlemax vessel, delivered in 2023. The vessel Mount Ita was delivered to Himalaya Shipping from China’s New Times Shipbuilding (NTS) in March 2023 as the second in a s
ABB has secured contracts with Rotterdam Shore Power (RSP), a joint venture of Port of Rotterdam and Eneco, to engineer and construct shore power systems comprising multiple installations for the Port of Rotterdam. Based on the total capacity of over 100 megavolt-amperes (MVA), the combined shore po
Singapore’s first electric tug, built by PaxOcean Group and powered by ABB, has completed commissioning ahead of expected deployment in April 2026. The fully electric tug PXO-ACE-1 is the first of its kind to be built and operated in Singapore as part of the Maritime and Port Authority of Singapore’
Singapore-based shipping company Ocean Network Express (ONE) and Japan’s MTI Ltd. have established a joint venture (JV) company in Vietnam with the aim of promoting digital transformation of operations and business models in the shipping industry by using artificial intelligence (AI) technology. Est
Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), has confirmed the arrival of an LNG carrier (LNGC) at a yard in Singapore, where it will undergo transformation to turn into an FSRU destined for deployment in Egy
Marine services provider V.Group has acquired Njord, a Denmark-based green technology business founded by Maersk Tankers, as part of its fuel efficiency and decarbonization goals. V.Group said that the acquisition enhances its ability to deliver value to shipowners and charterers by combining its ex
