News

The dynamic shipbuilding sector in Japan has flexed its muscles over the past week, securing major contracts in the bulker sector totaling in a dozen orders. Oshima Shipbuilding has been linked to an order with Greek...

The Maritime and Port Authority of Singapore (MPA) has signed three Memorandum of Understanding (MoU) with regional maritime administrations and partners in China to advance collaboration on digitalization, decarbonization...

Qatar’s state-owned oil and gas company QatarEnergy has signed an agreement with South Korean shipyard HD Hyundai Heavy Industries (HHI) for the construction of 17 LNG carriers. The shipbuilding contract, valued at...

Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity,...

Energy major Shell has carried out the first-ever cruise ship liquefied natural gas (LNG) bunkering operation at the Port of Gibraltar. As explained, the company bunkered LNG on vessel Silver Nova, the first in the...

Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term sustainability-linked loan. The loan, which spans five years, with a pre-amortization period of three...

The Port of Kiel has opened two shore power facilities at the Ostuferhafen, consisting of a 50/60 Hz shore power facility for cruise ships and ferries as well as a 50 Hz shore power facility for ferries. The expansion of...

French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings. The funding is led by Blue Ocean, managed by SWEN Capital Partners, which...

The American Bureau of Shipping (ABS) and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an ultramax bulk carrier...