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Business

MOL, Kyushu sign agreement for LNG fuel supply for Japan’s first LNG-fueled ferries

Business
LNG fuel supply is slated to begin around the end of 2022 upon the delivery of the ferries, which are now under construction.

ABB to provide comprehensive vessel services to Canadian Coast Guard fleet

Business
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

Business
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

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

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

Business
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

Business
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

Business
New fund will facilitate purchase of inland vessels

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

Business
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

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

Damen starts a specialised Financial Services division

Business
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

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

Abu Dhabi Maritime and ADNOC Seal Waterways Safety Agreement

Business
MoU to Promote Regulation of Abu Dhabi’s Waterways
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