-5.7 C
New York

Business

DFDS awarded extended contract with Danish Defence

At a time of increasing geopolitical uncertainty, the partnership will support military operations and missions.

NNPC Shipping, Stena Bulk and Caverton launch new joint venture

The joint venture partners will create a new company whose objective is to provide top quality, reliable and efficient maritime transport.

EDGE and Fincantieri sign MoU to pioneer underwater solutions

EDGE and Fincantieri’s cooperation will be focused on the design, development and creation of unmanned systems for critical underwater infrastructure protection

EU awards €7.8 million to develop next-generation power systems for green shipping

Today's shipping fleet is responsible for significant emissions, and relies on heavy power systems not designed for renewable energy. Funded by the EU's Horizon Europe programme, the STEESMAT project aims to create a power system fit for the future.

Yinson Production completes acquisition of Stella Maris CCS

Stella Maris is a Norway-based carbon capture and storage (“CCS”) company developing a full CCS value chain

New report: Green Shipping Corridors will need additional support under a global fuel standard

Report from UMAS, UCL and GMF illustrates how green shipping corridors could benefit from a global fuel standard and regional policies, but that additional support would be needed to drive early adoption.

Econowind receives investment to harness the wind for deep-sea shipping

Dutch company Econowind has secured €1 million in development capital from Invest International to advance and test its VentoFoil XL, a 24-30 meter high steel wind sail inspired by aviation technology.

ONE and Yusen Logistics advance sustainable shipping solutions with ONE LEAF+

Ocean Network Express and Yusen Logistics announce a new agreement for sustainable shipping solutions through ONE's green shipping service, ONE LEAF+.

Evergreen adds eleven 24,000 teu box ships to its orderbook

Evergreen is to spend more than $3bn on another series of 24,000 teu ultra-large containerships.

Next Ocean secures investment to scale offshore safety technology

Next Ocean has secured Seed Investment from Arches Capital to drive its expansion and enhance maritime safety worldwide.

Yara and NYK conclude world’s first time-charter agreement for ammonia-fueled medium gas carrier

Since 2021, Yara Clean Ammonia and NYK have jointly studied the practical application of an ammonia-fueled ammonia gas carrier

VIKING Life-Saving Equipment celebrates opening of new boat factory

The new building covers 3,400 sqm and is designed to meet requirements for high-end freefall boats in the offshore segment and for special boats in the defense segment.

Recent articles

spot_img