NORDEN has signed a two-year Contract of Affreightment (COA) with Enviva to transport a significant volume of wood pellets from the United States to Europe over a two-year period, commencing in 2026.
The partnership also foresees close coordination with specialized companies, educational institutions, and research centers, under the umbrella of the Saudi Industrial Center
The partnership aims to explore the development of a reliable and cost-effective supply chain for green liquid hydrogen via the Port of Hamburg to the European hinterland.
A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container rates to their lowest since January 2024, threatening profits at major carriers including Maersk and Hapag-Lloyd.
NYK Line and Neptune Robotics have announced to sign the memorandum of understanding which expand their partnership to accelerate fuel efficiency and decarbonisation across NYK’s global fleet.
Stena Bulk has signed a cooperation agreement with Seasystems AS to expand the global reach of its innovative jettyless LNG infrastructure technologies.
MODEC has executed a Co-operation Agreement with Africa Finance Corporation to collaborate on FPSO projects as well as other maritime infrastructure projects in Africa.