1.4 C
New York

Business

NYK jointly establishes new ship-management company in Hong Kong for LNG carriers

Established with leading Chinese shipping company and energy company, aiming for the stable transport of energy

Equinor, Centrica, SSE partner to develop Humber hydrogen projects

The 45km hydrogen pipeline proposals also include a crossing of the River Humber to provide connectivity between north and south banks

Shipping losses hit all-time low despite increasing risks for the whole sector

Despite war and climate risks, the global marine industry saw a record low number of large vessel losses in 2023, according to the Allianz Safety and Shipping Review 2024.

Ørsted enters into new major agreement on carbon removal with Microsoft

The 430,000 tonnes per year of biogenic CO2  from the combined heat and power plants will be shipped to a storage reservoir in the Norwegian part of the North Sea and stored permanently.

EDGE Group and Fincantieri announce 400 million euro order for 10 naval vessels

The parners formalise MAESTRAL shipbuilding joint venture

ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships

The agreement opens the door to collaborate on design assessment, new technology qualification

MoU signed between Panama and UAE offers benefits for vessels of Panamanian Registry

With this initiative, the ships of the Panamanian Registry will receive a series of benefits and facilities

Damen and Siemens Financial Services announce vessel financing facility

In a landmark partnership, Damen Financial Services (DFS) and Siemens Financial Services (SFS) have joined forces to establish a new facility for vessel financing solutions: Damen Ship Lease (DSL).

Taylor Smith Shipyard announces cooperation agreement with Nouum Engineering

Engine overhaul operations now become global - focus on Indian Ocean, and Africa’s eastern and southern coastal areas

QatarEnergy signs LNG carrier time charter contracts with three Chinese shipping companies

The nine vessels are part of 18 QC-Max LNG carriers that will be built in Hudong-Zhonghua shipyards in China.

W&O signs three-year supply agreement with VARD Group

The new partnership will see W&O support VARD's order book over a three-year period, providing valves and technical support to shipyards in Norway, Romania and Vietnam

Stena Bulk completes sale of Stena Blue Sky

Tanker shipping company Stena Bulk has announced the successful sale of Stena Blue Sky to an undisclosed Asian buyer.

Recent articles

spot_img