
South Korean province Jeollanam-do has signed an investment memorandum of understanding (MoU) with five companies to create a hydrogen industry cluster in Myodo, Yeosu.

Germany’s KfW IPEX-Bank has decided to support the fleet modernization of Switzerland-based shipping group C. Armateurs, part of the Cobelfret group, with a financing of €42 million.

Singapore’s maritime start-up Pyxis has unveiled its first 100% electric passenger vessel, X Tron.

The 4-Winds offshore support vessel that recently commenced a long-term charter with Netherlands-headquartered N-Sea is getting ready for its first unexploded ordnance (UXO) identification job. N-Sea reported in November 2023 that it was strengthening its fleet and subsea activities by entering into

KEYS Bunkering West Japan Corporation (KEYS) joint venture has taken delivery of a newbuild LNG bunkering vessel, KEYS Azalea.

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received an order for two plus two 40,000 cbm liquefied petroleum gas (LPG)/ammonia carriers.

Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers.

Bermuda-based ship owner and charterer SFL Corporation has welcomed the fourth LNG dual-fuel car carrier, Thor Highway, to its fleet.

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) and compatriot shipbuilder Japan Marine United Corporation (JMU) have decided to establish an analysis and evaluation method to evaluate ship performance in actual sees before construction is completed.

The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.

Orient Adventurer, formerly the construction and flex lay vessel Polar Onyx which has been converted into a cable-laying vessel (CLV), has arrived in Taiwan’s port of Taichung, from where it will soon sail out to the Yunlin offshore wind farm site. The vessel will carry out cable-laying work on the

South Korean shipbuilder HD Hyundai Mipo revealed it has developed an ammonia-powered ship using a number of domestic technologies.

Swiss energy company BGN and the UAE-based player across multiple marine sectors Al Seer Marine have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea and Japan.

Vitol Bunkers deployed its new bunker barge, the Marine Future, to complete the first delivery of B30 biofuel blend in Singapore.