Finnish ferry operator Finnlines has contracted clean technology company Silverstream Technologies to install its air lubrication technology on two environmentally friendly newbuild roll-on/roll-off passenger (RoPax) vessels.
Search and rescue efforts continue for workers who went missing after cyclone Tauktae hit a barge working off the coast of Mumbai, India.
German propulsion company Schottel has delivered main propulsion units for a new ferry to Netherlands-based Holland Shipyards Group.
Danish shipping companies Evergas and Ultragas have established Dan-Unity CO2, the first shipping company specialized in vessels for the transport of captured CO2 for storage and re-use. The company has set up a partnership with Carbfix, an Icelandic startup specializing in C02 storage. The duo plan
Jan De Nul has repaired TenneT’s AC108 cable connecting the Trianel Borkum offshore substation with Tennet’s DolWin alpha converter station in the German North Sea. The repair job is part of the Service Level Agreement for cable repairs that Jan De Nul and TenneT entered into in 2019. TenneT engaged
Maersk Supply is making a move to enter Norway, targeting the towing and installation of units for offshore wind and the oil & gas industry.
Norwegian tanker owner and operator Frontline has entered into an agreement to acquire six ECO-type VLCC newbuildings through resale. The six VLCCs are currently under construction at the Hyundai Heavy Industries shipyard in South Korea. The VLCCs are being bought for $565.8 million, including an es
A U.S. government safety investigative agency has issued a preliminary report following the incident with the Seacor Power liftboat.
ExxonMobil is working to resolve technical challenges and design issues on its Liza Destiny FPSO as it awaits the arrival of a key component.
Greek shipping company Diana Shipping has signed a sustainability-linked loan facility with Dutch ABN AMRO Bank through six wholly-owned subsidiaries in the amount of $91 million.
Swedish company Lean Marine has been contracted to install its propulsion optimization technology across the tanker fleet of Ardmore Shipping Corporation.
Japanese shipping company Mitsui O.S.K. Lines has decided to re-enter the ammonia transport business after almost five years of being absent from the trade. MOL’s re-entry into the business is being announced on the back of a time-charter contract with Trammo, a US-based merchandising and ammonia tr
French LNG containment specialist GTT has been chosen by French shipping company CMA CGM to design the cryogenic fuel tanks of 12 new LNG-fuelled container vessels.
Gardline’s new survey vessel Ocean Resolution has commenced survey operations after completing equipment trials earlier this year. Ocean Resolution underwent a period of detailed planning, conversion, and commissioning, Gardline said, adding that the vessel has been purpose-designed to carry out sur
