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The £130M factory will be operational by 2024 and will deliver cables for the offshore wind market. The project is being supported by the UK Government and the Secretary of …
Norwegian maritime partners were represented by Confederation of Norwegian Enterprise (NHO) President, Svein Tore Holsther. In addition to the NHO, collaboration participants include GCE Blue Maritime
The deal brings INEOS’ ethane fleet to 16 vessels, counting eight VLEC and eight Dragon-class ethane carriers. With these agreements, INEOS will have six VLECs under time charter with Pacific …
Trumpeting its continued record streak in announcing its third quarter (Q3) 2022 profits, Maersk confirmed that it, too, is experiencing the very evident decline in freight rates in container shipping
The contract, which was revealed in a stock exchange disclosure, was signed with an ‘Oceania’ regional shipowner for a price of Krw354,200,000 (US$249M). This does not quite match the record …
Underpinning this deepwater capability will be Sonardyne’s Ranger 2 ultra-short baseline (USBL) system, with an HPT 7000 transceiver, which will be integrated into David Packard via a deployment machi
As part of the transaction, Sandbrook has committed US$250M in equity capital to Havfram. The new capital, which will result in Havfram being one of the best capitalized companies in …
This transaction includes key US Government programmes, including US Coast Guard (USCG)’s Polar security cutter, US Navy’s auxiliary personnel lighters and repair facility, and is expected to close Q4
Maersk has set a net-zero emissions target for 2040 across the entire business and has also set tangible near-term targets for 2030 to ensure the company makes significant progress toward …
Equinor said it views floating wind opportunities in the Celtic Sea “with great interest.” Equinor head of business development UK offshore wind Catherine Maloney said, “Equinor has been operating in
Celebration is the second ship in Carnival’s Excel-class series and a sister vessel to Mardi Gras. The vessel features a three-deck-high atrium and dozens of dining and beverage concepts spread …
“Operators are already going into port, buying multiple products and then having to devise procedures for safe handling of the product, not to mention calculating the space required for the …
Values for tankers have increased for all sectors and age ranges since the start of the year, according to data compiled by VesselsValue maritime analyst Rebecca Galanopoulos Jones. For VLCCs, …
Following settlement of the offer, Siemens Energy intends to pursue a delisting of Siemens Gamesa Renewable Energy from the Spanish stock exchanges, where it currently trades. The offer acceptance pe
The target forms part of an agreement reached between the federal government, north German states and transmission system operators (TSOs) responsible for offshore wind grid connections. Prior to the
Navigator of the Seas belongs to the Royal Caribbean International brand and the Royal Caribbean Group said the step to use renewable diesel is part of a larger pursuit of …
Main Iron Works will start building this azimuth stern drive (ASD) tug before the end of the year for delivery in 2024. Power of 3,730 kW will be supplied to …
What has been your funniest moment in shipping? Client confidentiality prevents me from repeating most of these. In the 1990s a particular bank, which had never used us before, suffered …
Together with Bremerhaven-based partners from research and industry, the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research has readied a proposal for a synthetic methanol produc
Underpinning this deepwater capability will be Sonardyne’s Ranger 2 ultra-short baseline (USBL) system, with an HPT 7000 transceiver, which will be integrated into David Packard via a deployment machi
