Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four
The Prince Rupert Port Authority (PRPA) is marking the tenth anniversary of its Green Wave program, which provides financial incentives to shippers who voluntarily invest in environmentally sustainable practices. Since 2013, commercial vessels have been assessed and allotted savings on their harbour
Korean shipping company HMM has signed a business agreement with marine waste management company Foresys to establish a circular economy system using discarded mooring ropes. Mooring lines are thick ropes used to moor ships in ports, and HMM generates about 20 tons of waste from worn-out mooring lin
The hull of the first-ever inland hydrogen vessel arrived in Rotterdam this morning on board the heavy lift vessel ‘Sun Shine’. The hull arrived from China after a month-long journey and will now undergo finishing touches at Concordia Damen’s Werkendam-based facility. The vessel, named ‘Antonie’, wi
Subsea 7 has secured a contract extension with Brazilian oil and gas giant Petrobras for one of its pipelay support vessels (PLSVs). The agreement extends the existing contract for Seven Cruzeiro from February until November this year. Daniel Hiller, Vice President Brazil at Subsea 7, said: “This ex
SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.
Dutch short sea shipping company Vertom Group has launched the second in a series of six diesel-electric dry bulk vessels being built by compatriot Thecla Bodewes Shipyards.
Bore Ltd., part of Spliethoff Group, held a christening ceremony for its third and final LNG-fueled shortsea roll-on/lift/off (RoLo) vessel in Amsterdam on 21 February. The vessel was named Bore Wind and it belongs to a series of three ice-class 7,000 dwt ships built at the WuHu Shipyard in China. T
Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.
Luxembourg-based shipping group CLdN has welcomed back into the fleet its short-sea roll-on/roll-off (RoRo) vessel MV Delphin which has been fitted with two tilting rotor sails. The shipowner contracted Finnish cleantech company Norsepower in March 2022 to carry out the installation. With two 35mx5m
Saipem and Seaway7 have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind projects. Saipem and Seaway7 will pursue selected projects where the combined utilisation of the companies’ complementary assets, technologies, products, and competencie
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Singapore-based container shipping Pacific International Lines (PIL), marine energy solutions provider and trader KPI OceanConnect, and marine fuel supplier Bunker One have carried out their first live electronic marine fuel inventory statement for an overseas delivery through the Singapore Trade Da
Swedish shipping company Erik Thun Group has taken delivery of eco-friendly multipurpose dry cargo vessel Baltic Crystal.
