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In market news, Aker BP has extended its drilling and wells alliance agreements with Noble Corp, Odfjell Drilling and Halliburton for five more years. The jack-up alliance (Noble, Halliburton and …
Caterpillar will be working with two vessel owners in the Americas to help them cut fuel consumption and emissions. The original engine manufacturer has signed a memorandum of understanding (MoU) …
A fourth cruise ship, Cunard’s Queen Elizabeth, has been turned away from cruise destinations in New Zealand. It appears New Zealand is taking a harder stance on its mandatory biofouling …
PSV Values The below Matrix table shows the % change in Market Values of PSVs since the 1st of January and the 31st of December 2022. PSV values have witnessed …
Uzmar will build a 40-m vessel for worldwide inshore, offshore and towing operations after the contract was signed at Bukser & Berging’s headquarters in Lysaker, Norway in the final week …
Anuvu, previously known as Global Eagle, has become the latest satellite communications provider in maritime to join SpaceX’s Starlink technology drive. It has become a global reseller of Starlink’s
16 January Euronav’s other high-profile shareholder, Frontline’s John Fredriksen’s increased his stake in early January to more than 20% of Euronav. Between 10-13 January, Mr Fredriksen’s Famatown Fi
Reygar is supplying its BareFleet vessel monitoring modules for Mainprize’s semi-Swath CTVs following a successful proof-of-concept trial on one vessel, MO6, in October 2022. Additional installations
The Department said its action “recognises that the scopes of the bureaus’ roles and responsibilities have matured over the last decade and supports the Department’s commitment to independent regulato
At the company level, the demand of sustainable shipping is a key driver. Companies are seeking to minimise their Scope 3 emissions along their supply chains and individuals are looking …
The grant, awarded by Horizon Europe, is divided between 11 partners involved in the project to design, build and operate a wind-powered roll-on, roll-off (roro) cargo ferry. Norwegian roro shipping
Houlder said it will complete the barge designs to a level that will achieve approval in principle by class society Lloyd’s Register, and will support Blue Sea Power with the …
Overall shipbuilding output fell by 8% in 2022, but Clarksons is projecting output to pick up by ~6% in 2023, and “become increasing dominated by container and LNG carriers (41% …
Under the contract, Crowley will manage and crew the SOV. Esvagt will support Crowley with design, construction, crew training and operation services as part of a joint venture, CREST Wind, …
Reports have emerged of charterers in strong negotiating positions resisting an un-amended BIMCO clause on the basis that it uses more stick than carrot to ensure compliance by: (a) putting …
16 January Euronav’s other high-profile shareholder, Frontline’s John Fredriksen’s increased his stake in early January to more than 20% of Euronav. Between 10-13 January, Mr Fredriksen’s Famatown Fi
One Sea is a global alliance that has promoted the implementation and creation of conditions for the uptake of automated and autonomous maritime transport systems since 2016. The association helps …
MAN said its after-sales division "is set to perform a radical and extensive optimisation" of the tanker’s propulsion drivetrain. The Solvang tanker vessel is described as a 2007/2008 gas tanker, …
Asyad Shipping, part of Asyad Group Oman’s global integrated logistics service provider, has signed an agreement with South Korean shipyard Hyundai Samho Heavy Industries to build and deliver two LNG
IRENA will continue to expand its collaboration with ICS and partners in the shipping sector to further strengthen the CEM Hubs initiative and accelerate the use of renewables-based fuels in …
