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.
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.
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).
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