Swedish tech company Candela has raised $20 million for its electric hydrofoil technology to help operators switch to sustainable electric vessels.
The first unloading of liquefied petroleum gas (LPG) across the deck of the floating storage and regasification unit (FSRU) according to the ship-to-ship principle has been completed at the Elbehafen LNG terminal in Brunsbüttel, Germany. Höegh LNG, the owner of the FSRU Höegh Gannet which was charte
The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to the Netherlands-flagged ship Flevogracht, in what has been described as a ‘crackdown on poor performers in the maritime industry.’ AMSA said that it had detained the general cargo ship Flevogracht, operated by the Spliet
Offshore accommodation provider Prosafe is taking part in three ongoing tenders to win more work for its fleet of vessels.
Cochin Shipyard Limited (CSL), India’s top shipbuilder, has won a contract from Dutch logistics company Samskip for the design and construction of two zero-emission feeder container vessels. The project, which includes an option for two more vessels, represents one of the world’s first zero-emission
In a move to further reduce the environmental impact of their vessels, Finnish shipping company Langh Ship and Dutch multimodal operator Samskip have agreed to switch to biofuel operations. The companies said they switched to biofuel operations for the Langh Ship-owned 750 TEU container vessel Edith
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
Classification society Bureau Veritas has issued an Approval in Principle (AiP) to Viridis Bulk Carriers, a joint venture of Norwegian shipping consultancy Amon Maritime and compatriot shipowners Navigare Shipping & Logistics and AS Mosvolds Rederia, for its ammonia-powered short-sea bulk vessel. Vi
Arab Maritime Petroleum Transport Company (AMPTC) has placed an order for the construction of two very large gas carriers at South Korean Hyundai Heavy Industries (HHI). The two VLGCs are slated for delivery by the end of August 2026, HHI’s parent, Korea Shipbuilding & Marine Engineering (KSOE) said
Taiwanese shipping company Wisdom Marine Lines has returned to Namura Shipbuilding for two 40,000 dwt bulk carriers. The company revealed that it would be paying around $33 million per unit at the Japanese yard, bringing the total cost of the order to around $66 million. The duo is slated for delive
SH Diana, a hybrid diesel-electric expedition ship being built for the British cruise line Swan Hellenic, has completed its sea trials. The ship’s builder, Finnish Helsinki Shipyard, confirmed in its social media update that the SH Diana returned from a “successful shakedown cruise” on Sunday evenin
A Subsea7 pipelay vessel has begun pipe spooling for the Northern Lights carbon capture and storage (CCS) project being developed in Norway. The vessel Seven Oceans arrived at Subsea7’s Vigra Spoolbase in Norway to spool the first section of the 100-kilometer pipeline that will run from Øygarden to
German battery technology company Freudenberg e-Power Systems, shipbuilder Meyer Werft and cruise line Royal Caribbean Group have joined forces to develop a completely new fuel cell system tailored to the maritime sector.
South Korea’s shipbuilding major Korea Shipbuilding & Offshore Engineering, a subsidiary of HD Hyundai, has signed an agreement with Avikus, a compatriot startup specializing in autonomous navigation solutions, to conduct a fuel-saving verification project using autonomous navigation systems. The pr
