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Trafigura and Meroil S.A. create a joint venture company

Meroil Tank will now operate as a 50:50 joint venture company

Wärtsilä and Qatar Shipyard Technology Solutions sign MoU

Wärtsilä and Qatar Shipyard Technology Solutions will also collaborate on providing ship owners and operators with subject matter expertise on all available options for decarbonising their operations

Armada and Gibdock sign MoU for hull air lubrication installations

According to the terms of the MoU, Gibdock and Armada Technologies will jointly explore potential installations of PALS on vessels, under license from Armada Technologies.

Singapore and Shandong ink agreement for green and digital shipping corridor

MPA and the Shandong Provincial Transport Department will work with various stakeholders to promote digital and low-carbon initiatives for shipping.

Deltamarin and ESL Shipping collaborate on innovative methanol-fueled multipurpose vessels

The new contract covers the complete basic and detail design of four vessels, with several optional vessels.

CB&I and Hanwha Ocean receive approval for liquid hydrogen carriers from DNV

A McDermott subsidiary and Hanwha Ocean received Approval in Principle for design of a cargo containment system and an 80,000 cu m liquid hydrogen carrier from DNV.

Wärtsilä and Royal Caribbean Group sign Lifecyle Agreement

Technology group Wärtsilä has signed a five-year Lifecycle Agreement with Royal Caribbean Group covering 37 of the company’s cruise ships.

UECC embarks on renewed fleet expansion with addition of ex-Höegh car carrier

The latest vessel addition increases the size of UECC’s fleet to 14 owned and chartered units

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

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