Business

ABB to provide comprehensive vessel services to Canadian Coast Guard fleet

BusinessMarch 30, 2021

ABB’s services will cover ABB technology installed on board CCG’s icebreakers, search & rescue vessels, fishery science, ocean science and specialty ships.

Suez Canal: Oil prices rose by about $2 per barrel on the news of the blockage

BusinessMarch 25, 2021

The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages.

NIBC and Damen extend lease partnership

BusinessMarch 21, 2021

NIBC Bank, Damen Ship Lease and Damen Financial Services lease partnership

MOL to move into ocean shipping of liquefied CO2 ocean transport business

BusinessMarch 19, 2021

MOL has announced that it has decided to invest in Norway-based Larvik Shipping AS, a ship management company for liquefied CO2 carriers, marking MOL's first foray into the liquefied CO2 ocean transport business.

Ardmore Shipping confirms joint venture to deliver hydrogen fuel cells to the marine sector

BusinessMarch 16, 2021

Investment marks a significant step in Ardmore’s energy transition strategy – supporting low carbon technologies and reducing CO2 emissions for its fleet and beyond

Concordia Damen launches BesteVaer Capital Fund

BusinessMarch 15, 2021

New fund will facilitate purchase of inland vessels

Total reinforces its commitment to develop Singapore into a major LNG maritime hub for Asia

BusinessMarch 15, 2021

Asia’s demand for LNG bunkering is growing and the contribution of Singapore is of essence for the development of a global LNG bunkering market.

LR completes purchase of C-MAP Commercial from Navico Group

BusinessMarch 6, 2021

Provider of marine charting solutions, voyage optimisation and fleet analytics to be integrated into i4 Insight platform.

Damen starts a specialised Financial Services division

BusinessMarch 5, 2021

As of April 1, 2021, Damen Shipyards Group will start a specialised Financial Services division.

Cargill and Maersk Tankers partner up to launch new bunker procurement service

BusinessFebruary 24, 2021

The initial goal is to procure bunker fuel for Cargill and Maersk Tankers’ combined fleet

Abu Dhabi Maritime and ADNOC Seal Waterways Safety Agreement

BusinessFebruary 22, 2021

MoU to Promote Regulation of Abu Dhabi’s Waterways

GSL to acquire seven Post-Panamax containerships on multi-year charters

BusinessFebruary 9, 2021

6,000 TEU containerships to be employed on three to five year charters with leading liner operators

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