PGS books U.S. offshore wind farm contract Oslo-listed geophysical specialist PGS ASA announced today that it has been awarded a large offshore wind farm site characterization contract in the U.S. by an undisclosed leading renewable energy company. PGS will
VIDEO: UN Sec Gen to IMO: Do your job As the International Maritime Organization's Marine Environmental Protection Committee started a crucial session on GHG reduction targets (MEPC 80), United Nations Secretary Secretary-General António Guterres called for meaningful action and said measures
WASP wind assistance project concludes The International Windship Association (IWSA) reports that the EU-funded WASP (Wind Assisted Ship Propulsion) project has officially concluded. Its successes include: The WASP project brought together universities, wind-assist technology providers and ship
HD Hyundai wins construction deal for Mexican offshore FPU South Korea's HD Hyundai, formerly known as Hyundai Heavy Industries, has won a deal to build a floating production unit...
Shell's head of renewables leaves as new CEO pivots back to oil Renewable generation head at energy supermajor Shell Thomas Brostrom will be leaving the company as Shell CEO Wael Sawan announced...
Tech firm tests first-ever direct ammonia fuel cell system Solid oxide fuel cell producer Alma Clean Power has completed a successful test of the world's first 6kW direct ammonia...
Prysmian awarded Hornsea 3 cabling contract Italy's Prysmian has secured a new contract from Danish utility Ørsted to supply inter-array subsea cables for the Hornsea 3...
Caroline Yang re-elected as president of Singapore Shipping Association Caroline Yang, the CEO of bunker vessel operator Hong Lam Marine, has been re-elected president of the Singapore Shipping Association...
Wood scores $250m contract extension in Brunei UK consulting and engineering firm Wood has been awarded a contract extension worth around $250m by Brunei Shell Petroleum. The...
IMO on brink of 'historic failure' as crunch green talks get underway Global maritime environment policy is set to be revised at the forthcoming Marine Environment Protection Committee (MEPC) set of meetings...
TotalEnergies tops suezmax charter league French energy major TotalEnergies is climbing the tanker chartering ranks fast. Looking at the top reported dirty spot charterers for...
Stolt-Nielsen to pay $155m over MSC Flaminia incident as appeal fails A US Court of Appeals has affirmed all of Stolt-Nielsen's liability from a 2018 ruling regarding the 2012 incident on...
Little sign of congestion on day three of Canada's port strikes On day three of the strike at Canada's west coast ports of Vancouver and Prince Rupert there is little sign...
Castor Maritime swoops on Eagle Bulk Petros Panagiotidis has joined the race for Eagle Bulk shares after Greek containership owner Danaos took a significant slice of...
Vega Reederei on the hunt for younger tonnage Vega Reederei is on the hunt for younger tonnage. The German box tonnage provider has recently taken delivery of the...
Okeanis Eco Tankers seals $113m for debt refinancing Greece's Okeanis Eco Tankers has secured a new $113m senior secured credit facility from Dutch lender ABN AMRO to refinance...
Six crew kidnapped off Cameroon A Panama-flagged general cargo vessel was boarded by criminals last Friday at the Douala anchorage in Cameroon, resulting in six...
Cadeler formalises foray into Polish offshore wind market BW Group-backed offshore wind installation player Cadeler has signed a contract with Baltic Power for the installation of 76 Vestas...
Odfjell Drilling completes refinancing Oslo-listed semisub player Odfjell Drilling has completed its planned refinancing through the issuance of a secured bond and through amending,...
PGS wins US wind site survey contract Norwegian seismic player PGS has won a large contract from a leading renewable energy company for an offshore wind farm...
Solstad Offshore ships out another laid-up AHTS Oslo-listed OSV owner and operator Solstad Offshore continues to further trim its fleet with the disposal of the fourteen-year-old anchor...
IACS names RINA's Roberto Cazzulo as next chair The International Association of Classification Societies (IACS) has named RINA's Roberto Cazzulo as its incoming Council chair. Cazzulo will take...
MAN and Shell to work together to slash shipping's carbon footprint Engine maker MAN Energy Solutions and energy major Shell have agreed a memorandum of understanding to explore the potential of...
Crowley takes over compatriot NVOCC Tamarind Consolidated US-based Crowley has acquired a compatriot non-vessel operating common carrier (NVOCC) Tamarind Consolidated that provides logistics services from the US...
Skyborn wins exclusive development rights for Finnish offshore wind farm Skyborn, a portfolio company of Global Infrastructure Partners (GIP), and state-owned Metsähallitus have entered into a reservation agreement, granting five...
The three Ps in recruitment Punit Oza, founder of maritime consultancy Maritime NXT, with useful advice to bear in mind when sourcing the next generation...
Appeal upholds MSC Flaminia finding A New York court found Stolt Container Tanks 45% responsible for the fire on MSC Flaminia. After an appeal, the...
Both sides double down in Canada labour dispute Positions are hardening around the negotiating table. The strikes at Canada's west coast ports are set to continue
Why shipping's carbon targets will ultimately come down to climate finance The IMO's pivotal revision of its greenhouse gas strategy this week will deliver a headline target, albeit one watered down...
China calls for 'by or around mid-century' decarbonisation targets in shipping 'By or around mid-century' for net zero emissions targets was the agreed language from the Glasgow climate change pact, according...
Crew kidnapped in Cameroon anchorage There have been more kidnappings from civilian ships in the Gulf of Guinea during the first half of this year...
China leads opposition to GHG levy at IMO as member states discuss economic measures The International Maritime Organization has kicked off its pivotal meeting to revise its GHG strategy and complement the headline targets...
Illegal recruitment fees common, argues Mission to Seafarers Many crews from south and southeast Asia paying thousands of dollars to work on ships, says Anglican charity
The week in charts: Russia's EU-bound bulker traffic suffers | What's on the table at MEPC80 | Containership sector to boost ship recycling volumes Russia uses South Korea port for ship-to-ship transfers of oil trading above price cap, Ukraine's Danube ports take centre stage...
Crucial climate change meeting at IMO opens with wide division about how to decarbonise shipping The new strategy is set to be adopted this week, but the draft produced by an intersessional working group still...
China's subdued factory activity does little to lift dry bulk prospects Despite the entrenched downturn in the property and steel sectors, the expected net fleet growth of dry bulk carriers at...
ICS backs Beijing convention on judicial sales Trade association satisfied that deal strikes balance between all interests involved and will recommend affiliates encourage governments to ratify the...
Japanese shipbuilding majors strengthen vessel design partnership amid rising fuel transition demand Imabari Shipbuilding and Mitsubishi Heavy Industries will extend the services of their ship design joint venture from just LNG carriers...
UN defends grain deal and progress on facilitating Russian agricultural products Russia's foreign minister says he cannot see any reason for the Black Sea Initiative to continue. In practical terms, ongoing...
FSO Safer catastrophe averted, International Maritime Organization confirms 'The UN-led operation to secure the vessel FSO Safer and remove the oil on board, thus removing the environmental threat...
Asking how to attract more seafarers to go to sea is the wrong question Filipino seafarers and other overseas workers contribute almost 9% to the country's GDP. But looking for ways to build new...
Sanctions and China's weak recovery affect tanker chartering markets Russian charterers have dropped out of Poten's top charterer rankings completely. Elsewhere, Chinese company Unipec saw its VLCC market share...
Daily Briefing The IMO must show leadership on carbon emissions or face irrelevance | The perils of mistaking market weather for long-term...
The plot thickens: Eagle Bulk responds to Danaos as Castor Maritime jumps in the mix Castor Maritime unveils a 14.99% stake in Eagle Bulk, who defended its decision to buy out Oaktree for $219m and...
Strike starts in Canada's west coast ports A series of meetings Thursday through Friday night failed to yield a tentative agreement, but the parties remain at the...
Teamster workers ratify ABF contract, UPS deal draws closer The ABF-Teamsters contract is the first of three major negotiations the union is conducting this summer to make it past the finish line, with UPS and TForce Freight talks still ongoing.
USDOT awards $40M to boost port emissions reduction, surface projects The US Department of Transportation is funding infrastructure projects that include carbon neutralization plans, updating miles of century-old rail and improving port access roads.
Weakening ocean market puts renewed focus on Maersk integrator strategy The carrier accelerated its reach into the direct shipper market during the pandemic when access to vessel space was severely limited, but as demand slows and capacity grows, the company may need to increase its forwarder business.
OSHA fines W8 Shipping $380K for Georgia warehouse safety violations The Occupational Safety and Health Administration says non-vessel operating common carrier W8 Shipping exposed workers to deadly safety hazards at one of its auto export facilities.
Dockworkers at Canada's West Coast ports launch strike More than 7,400 dockworkers have gone on strike in Canada, potentially causing disruptions at ports in Vancouver and Prince Rupert.
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