The European Union (EU) and Papua New Guinea (PNG) have deepened their partnership with the launch of infrastructure projects focused on greening and modernizing Rabaul Port and expanding access to safe water.
Singapore-based ship owner and operator BW LPG has closed two financing facilities totaling $595 million, aimed at supporting the fleet renewal, refinancing existing debt and ensuring ample liquidity for future investments. As disclosed, the company has closed a $380 million term loan and revolving
The integrated green methanol demonstration project of Shanghai Electric, a Chinese power generation and electrical equipment manufacturing company, has completed the first delivery of green methanol.
International Transportation Service (ITS), a container terminal operator in the US Port of Long Beach, has launched a ‘transformative’ $365 million terminal expansion project.
Nigeria stands at a critical crossroads, with a unique opportunity to electrify its containerized trade on a large scale, bypassing fossil fuel dependency and embracing the global momentum toward low-emission maritime logistics. This is according to a new white paper by Maersk’s Netherlands-based co
Mitsui E&S has replaced the conventional diesel engine generator set installed on a near-zero-emission RTG with a hydrogen fuel cell power pack, as part of an on-site zero-emission cargo handling equipment trial.
Seabound, a UK-based marine carbon capture player, has launched what it claims to be a “first-of-its-kind” onboard carbon capture project together with the Hartmann Group, ship management company InterMaritime Group and Heidelberg Materials Northern Europe. As disclosed, the carbon capture system (C
“World’s first” oceangoing ammonia-powered gas carrier, currently under construction at HD Hyundai Mipo shipyard in South Korea, has been fitted with an ammonia two-stroke engine developed by Swiss marine power company WinGD. WinGD has delivered and installed its X52DF-A engine on the 46,000 cubic m
China-headquartered shipbuilder Wuhu Shipyard has been awarded approvals in principle (AiP) from two classification societies, Norway’s DNV and the American Bureau of Shipping (ABS), for its eco-friendly 18,600 dwt chemical tanker. As disclosed, the tanker, which was independently developed by Wuhu
Chinese dry bulk vessel owner Fujian Guohang Ocean Shipping Group has exercised order options for two 89,000 dwt methanol dual-fuel bulk carriers at compatriot Wuhu Shipyard.
Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), has commenced the construction of the first 38,000 dwt stainless steel tanker for Norwegian ship operator Stolt Tankers.
The Maritime and Port Authority of Singapore (MPA) and Firmus Technologies, a Singapore-based technology company specializing in energy-efficient, AI-optimized infrastructure, have signed a memorandum of understanding (MoU) to collaborate on the study of sustainable, modular AI factories utilizing s
Singapore-headquartered offshore, maritime, and energy solutions provider Seatrium has secured a $400 million sustainability-linked revolving credit facility with United Overseas Bank (UOB).
Prometheus Fuels (Prometheus), a US-based producer of low-cost, carbon-neutral fuels backed by Denmark’s shipping giant A.P. Moller – Maersk, has reached commercial readiness for its proprietary e-fuels manufacturing system. As disclosed, the company’s Titan Forge Alpha prototype has ‘successfully’
