Ocean Power Technologies (OPT) has received an order from Sulmara for multiple uncrewed surface vehicles (USVs), representing the largest single order of WAM-Vs to date. The order is valued at $1.6 million. Due to demand, production is already underway and will allow for revenue recognition this fis
Houston-based marine robotics company Ocean Infinity has taken delivery of its sixth out of eight new high-tech, ammonia-ready Armada vessels.
MSC Mette, a new 24,116 TEU containership owned by Swiss shipping major MSC Mediterranean Shipping Company, has been christened in Fos-sur-Mer in France.
Norwegian shipping and logistic company Wallenius Wilhelmsen has signed a contract with China Merchants Jinling Shipyard Co. for the construction of four methanol dual-fuel pure car and truck carriers (PCTCs) and up to eight optional units.
ProMarine AG, an investment advisor for the financing of the maritime energy transition, has launched what has been described as the’ industry-first sustainable shipping fund’ with an initial portfolio of four methanol-fueled MR tankers led by methanol producer Proman and shipping company Stena Bulk
From early next year, energy and commodities company Vitol plans to expand the supply of biofuels in Asia with the delivery of specialized bunker barges in Singapore. Namely, the company is sending its specialized bunker barges to Singapore, and through its wholly-owned subsidiaries V-Bunkers and Vi
UK-based maritime clean technology company Silverstream Technologies has signed an Agreement in Principle (AIP) with the China Classification Society (CCS). Silverstream said that this is the first agreement of this nature with a classification society. The Approval in Principle signifies that the C
Port of Antwerp-Bruges has informed that on Monday, October 23, 2023, the Hydrotug 1, the world’s first hydrogen-powered tugboat, will make the journey from Oostende to its homeport in Antwerp, Belgium, where the port and shipping and cleantech company CMB.TECH will further prepare the vessel for co
China’s CSSC Chengxi Shipyard has delivered a new asphalt tanker to Japanese shipowner Kumiai Senpaku.
Dutch shipping company JR Shipping has reached a significant milestone by installing the 10th Filtree Carbon Capture system on its fleet. The installation was carried out on board the 750 TEU MV Enforcer vessel in cooperation with Spanish shipbuilder Astilleros de Santander S.A.U. The Dutch-flagged
Tango floating liquefied natural gas (FLNG) and Excalibur floating storage unit (FSU) have set sail to Congo as Eni prepares to start up the first phase of its Congo LNG project in December 2023. Following refurbishment carried out by Exmar, the two vessels sailed away from Dry Docks World yard in D
Solstad Shipholding, a subsidiary of Solstad Offshore, has reached an agreement with Aker, via its wholly owned subsidiary Aker Capital, AMSC, DNB Bank and Export Finance Norway (Eksfin) for an overall refinancing solution which will create a robust industrial platform going forward. Solstad has, to
Stolt Tankers has outlined how the business’s carbon-insetting program is helping to reduce Scope 1 emissions and supporting its partners to lower emissions within their own supply chains.
Energy major Shell Western LNG and MSC Cruises, the cruise division of MSC Group, have completed the first bunkering of LNG-powered vessel MSC Euribia in Rotterdam, the Netherlands, under the agreement for Shell to provide marine fuels for the line’s newbuild. Pierfrancesco Vago, MSC Cruises’ Execut
