
Norwegian shipping company Belships has entered into agreements for the sale of two 58,000 dwt bulk carriers.

Eneti Inc. has entered into a binding agreement for the construction of the second next-generation wind turbine installation vessel with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). Eneti has exercised an option it held with DSME for the construction of the WTIV. The contract pri

Maritime Partners, the Louisiana-based provider of maritime financing solutions, has acquired from J. Russell Flowers and its affiliates (JRF) a diversified portfolio of over 1,000 marine vessels operating on bareboat charter.

Harvey Gulf is working to deliver a fleet of offshore vessels that will be operating in a net carbon neutral capacity.

Japanese shipping company NYK Line has placed its first order for a liquefied petroleum gas (LPG) and liquefied ammonia gas (NH3) carrier powered by LPG fuel at compatriot shipbuilding company Kawasaki Heavy Industries (KHI).

On the heels of COP26, the Panama Canal has unveiled a new greenhouse gas (GHG) emissions classification system aimed at strengthening the waterway’s position as a green corridor for global trade.

NYK and its group company MTI, together with ABS and WinGD, have started joint research for optimization of ship design by using a battery-hybrid system to aid ship propulsion and thus reduce GHG emissions from vessels.

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French containment specialist GTT for four new LNG carriers it is building for Japanese ship-owner Mitsui O.S.K. Lines (MOL).

French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.

TotalEnergies has started drilling the Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned drillship.

The Finnish technology group Wärtsilä has won the order to supply cargo handling system for the second LNG bunker vessel that U.S. shipyard Fincantieri Bay Shipbuilding is building for NorthStar.

Fugro has received a “major” subsidy from the Netherlands Enterprise Agency (RVO) for the development of methanol as a clean energy fuel for its vessels.

Jurong Port has joined the Castor Initiative, a global partnership that is committed to make zero-emission shipping a reality.

Greek LNG shipper GasLog has ordered four newbuild LNG carriers from South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).