Japanese trading company Mitsui & Co. has decided to invest in a maritime investment fund, managed by Danish fund management company Navigare Capital Partners, targeting $650 million in capital focusing on sustainable shipping including green vessels and carriers.
Genevos, a French specialist in hydrogen and fuel cell power systems integration for the maritime sector, has joined the H2-SEAS consortium that aims to develop and build a hydrogen-electric fishing vessel prototype.
Subsea equipment installation is about to commence at Enauta’s Atlanta field offshore Brazil, connecting the wells to the floating production, storage, and offloading (FPSO) vessel which arrived at the site earlier this month. Specialized vessel Sapura Ônix is en route to the field in the Santos Bas
Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten
In late March 2024, there were 37 wind propulsion-installed vessels along with eleven wind-ready ships which have a combined total of 2.5 million dwt, the International Windship Association (IWSA) revealed.
Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).
Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me
Singapore-based independent common carrier X-Press Feeders has taken delivery of its new green methanol-powered containership built by Chinese shipbuilder Yangzijiang Shipbuilding Group.
Norwegian Myklebust Shipyard has awarded compatriot Brunvoll with a contract to deliver a thruster package for an energy subsea construction vessel (ESCV) it is building for REM Offshore. Brunvoll will deliver a thruster package consisting of two propulsion azimuth thrusters, two retractable azimuth
A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.
Norway has signed a new agreement with the UK, Belgium, Denmark and the Netherlands to facilitate better cooperation on the international operation of autonomous vessels.
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has christened its first plug-in hybrid vessel Electramar in Helsinki.
Deltamarin and ECOLOG have unveiled a short-range, low-pressure liquified CO2 (LCO2) carrier design with LNG dual-fuel propulsion.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed its first trial use of marine B100 biofuel on the car carrier Apollon Highway.
