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Norden to acquire Norlat Shipping to further grow projects and parcelling activities

Business
The acquisition will be NORDEN’s second, following the mid-2023 acquisition of the activities of Thorco Projects

Maersk Introduces SH3 ocean service between China and Bangladesh

Business
The new ocean service will complement existing services SH1, SH2 and IA7 between the two countries and offer additional capacity to address the rising demand

Germany awards €200m green hydrogen subsidy to UAE-linked firm

Business
Germany’s hydrogen funding vehicle, H2Global, announced on Thursday (12 July) that it had awarded €200 million to a UAE-linked firm to deliver a quarter of a million tonnes of hydrogen by 2027.

Technology innovators RINA and ROTOBOOST join SEA-LNG

Business
RINA and ROTOBOOST have joined the SEA-LNG coalition – further boosting SEA-LNG's global reach and expertise across the LNG value chain.

ClassNK and partners team up on multi-fuel bunkering ships

Business
Consort Bunkers, ClassNK, Yanmar, and Taiko accelerate towards Alternative Fuel Bunkering with new MOU

Wärtsilä will ensure optimal Exhaust Gas Cleaning System efficiency for two Nautica vessels

Business
Technology group Wärtsilä has signed a six-year Lifecycle Agreement with Malaysia-based Nautica Ship Management.

Yara, Scatec, ECHEM and MOPCO sign Heads of Terms for renewable ammonia offtake agreement in Egypt

Business
Renewable hydrogen will be used as feedstock for production of renewable ammonia at MOPCO's existing ammonia production facility at Damietta in Egypt

MOL to take equity stake in Alistair Group, a logistics company in Sub-Saharan Africa

Business
Through this capital participation, MOL and Alistair will merge the MOL Group's global network and expertise in shipping and logistics with Alistair's expertise in cross-border logistics in Southeast Africa.

Maersk opens its first low GHG emissions warehouse in Denmark

Business
Less than two years ago, Maersk started construction works for its first low greenhouse gas emission warehouse in Denmark, located in Taulov Dry Port in Fredericia.

NYK, PIS sign MoU for cooperation in liquefied CO2, LNG transportation

Business
The agreement will focus on meeting energy demand in Indonesia, NYK Lines said, which has 32.1mn t/yr of LNG export capacity across three projects.

ZeroNorth and Hapag-Lloyd collaborate on bunker procurement

Business
ZeroNorth and Hapag-Lloyd have announced a new strategic partnership aimed at launching an industry leading bunker procurement and planning solution.

Höegh Autoliners secures significant Enova funding for four ammonia-powered Aurora vessels

Business
The first 8 Aurora Class vessels will run on LNG, with the first one being delivered in August
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