Monaco-based bulker owner Safe Bulkers has unveiled its first sustainability-linked credit facility that incorporates an incentive discount on interest rate, linked to independently verified pre-determined emission targets.
Japan’s shipping company NYK Line has revealed it has hired South Korean shipyard Samsung Heavy Industries (SHI) to build four new liquefied natural gas (LNG) carriers.
Hong Kong-based leasing major China Development Bank Financial Leasing (CDB Leasing) has entered into a shipbuilding contract with New Dayang Shipbuilding for the construction of nine 60,000 dwt bulk carriers.
Norwegian shipping company Höegh Autoliners has signed a letter of intent (LoI) with China Merchants Heavy Industry (CMHI) to build a series of ammonia-ready Aurora Class vessels.
Japanese shipowner NS United Kaiun Kaisha has signed a shipbuilding contract with Nippon Steel, Japan Petroleum, Tsuneishi Shipbuilding, and Kawasaki Heavy Industries (KHI) to build a LNG-fueled coastal limestone carrier.
Russian state-owned nuclear power company Rosatom State Corporation revealed plans to send its first Arctic containership to the Northern Sea Route (NSR) in 2025.
Swedish power-to-fuel developer Liquid Wind has applied for an environmental permit to build Sweden’s first eMethanol production facility to supply carbon-neutral methanol for the shipping industry.
Van Oord has ordered a new self-elevating offshore installation vessel that will be able to operate on methanol and install wind turbines with a capacity of up to 20 MW. The vessel is being built by the Yantai CIMC Raffles Shipyard in China. The design is by Knud E Hansen. The jack-up is expected to
South Korean shipbuilding company Samsung Heavy Industries (SHI) has received an order for four new liquefied natural gas (LNG) carriers.
Swiss container shipping major Mediterranean Shipping Company (MSC) has become the latest carrier targeted by the Blanco Rosell Siblings over “illicit” business dealings in Cuba.
Olympic NOR, a wholly-owned subsidiary of Olympic Subsea, has sold the multi-purpose vessel Olympic Commander. The Norwegian company did not reveal any more details about the sale and the transaction, just that the delivery took place this week. Olympic Commander is of MT 6016 design and of DNV+1A1
UK’s clean technology company Silverstream Technologies has secured an order from German shipbuilder Meyer Werft to install its air lubrication technology on a new Carnival Corporation’s Excel-class cruise ship.
Wood is expanding operations in the Southern North Sea following the award of a new operations and maintenance contract with Shell and NAM.
TEK-Ocean Group has secured additional work with one of its major clients within the Bass Strait energy fields offshore Australia.
