South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.
Australia’s Port Authority of New South Wales has joined the Blue Visby Consortium, a multilateral platform that aims to reduce international shipping carbon emissions by potentially 15 percent.
With a focus on transforming the Cooper Basin into a decarbonization and low-carbon fuels hub, Australian energy giant Santos has signed multiple agreements with Japanese companies. Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2,
Only 330 days after starting construction, Germany’s seaport company Niedersachsen Ports has handed over a new landing pier for floating storage and regasification units (FSRUs) in Stade to operators.
Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explor
UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy te
A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.
A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui
Terminal Investment Ltd (TiL), the container terminal operating and investing arm of Swiss MSC Mediterranean Shipping Company, the world’s largest container shipping company, has taken a 49% stake in Adani Ennore Container Terminal Pvt Ltd (AECTPL).
The governments of Singapore and Japan have signed a memorandum of cooperation (MoC) to establish first Singapore – Japan Green and Digital Shipping Corridor (GDSC), aiming to develop standards and best practices supporting the decarbonization, digitalization and growth of the maritime industry.
Gastrade’s floating storage regasification unit (FSRU) Alexandroupolis, former 2010-built LNG carrier GasLog Chelsea, has arrived in Greece after completing an almost 10-month conversion at Seatrium shipyard in Singapore. The FSRU, which entered Keppel Shipyard in Singapore in early February 2023 fo
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has taken delivery of Electramar, the first vessel in the series of twelve energy-efficient plug-in hybrid vessels.
Geneva-based energy trading firm Gunvor Group has closed a €400 million loan to support the Italian industry by securing natural gas and LNG supplies while promoting the export of Italy’s goods and services. The five-year facility is guaranteed by SACE, the Italian Export Credit Agency (ECA), with U
The UK-based marine energy solutions provider KPI OceanConnect has supplied two bulk carriers owned by India-based company ArcelorMittal Shipping B24 very low sulfur fuel oil (VLSFO) at the Port of Fujairah, the United Arab Emirates (UAE).
