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Shipping banks provide cheaper loans to greener shipping companies, but not greener ships

A recent study by the UCL Energy Institute has uncovered a critical issue in green financing for the shipping industry.

Helm Operations and Caterpillar collaboration to share workboat engine data

Helm Operations and Caterpillar Marine have announced a strategic collaboration to enhance workboat operations by integrating advanced engine data with industry-leading software.

ONE, HMM and Yang Ming confirm the alliance partnership

A comprehensive update for all services for the major trade lanes will be announced separately, including service package under the new alliance.

d’Amico uses option to buy MR tanker way below market value

Through this transaction, the company acquires a young and high-quality vessel at an attractive purchase price, around 30% lower than its current market value

BW LPG acquires 12 very large gas carriers from Avance Gas

BW LPG Limited has entered into agreements to acquire 12 modern Very Large Gas Carriers (VLGCs) from Avance Gas Holdings Ltd. for a total consideration of US$ 1,050 million.

MPA and GCNS to collaborate in carbon accounting and management

The MoU partners will work together to develop training workshops to meet the carbon accounting and management needs of maritime companies

Maersk continues with fleet renewal plan

The ordered capacity will be a mix of owned and chartered, ensuring that Maersk maintains strong financial and operational flexibility

Bernhard Schulte Shipmanagement joins SEA-LNG

World's largest third-party ship manager of gas carriers becomes first ship manager to join SEA-LNG coalition

Wallem Group and COSCO enter strategic cooperation agreement

Wallem Group has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company to enhance the cooperation of both organisations.

Wärtsilä to transfer its manufacturing site in Trieste, Italy to shipping company MSC

255 employees and the production facility have been transferred to MSC, with the rest of the buildings and assets to be transferred later this autumn.

TFG Marine and Consort Bunkers ink charter agreement for methanol-carriage bunker tankers

TFG Marine has announced the signing of a long-term time charter agreement with Singapore-headquartered Consort Bunkers for four newbuild methanol carriage-ready bunker tankers.

Cyan Renewables acquires Australian vessel operator MMA Offshore

Cyan Renewables has announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B.

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