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Business

NYK and ENEOS sign agreement for sale and purchase of marine fuel

Business
The Agreement stipulates that ENEOS will procure CDR credits from 1PointFive’s STRATOS Direct Air Capture plant in Texas, the United States

Odfjell SE exercises purchase options for super-segregator vessels

Business
With these agreements, Odfjell is set to purchase a total of seven chemical tankers over the next 14 months.

Trelleborg acquires Mampaey Offshore Industries

Business
As part of the agreement, Mampaey's manufacturing facility in Dordrecht will be integrated into Trelleborg's operations, establishing a central European hub

Equinor realises value from exits in international upstream business

Business
Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to USD 2 billion.

UECC and Titan agree landmark biomethane deal

Business
UECC vessels to sail on biomethane supplied by Titan for rest of 2024 and most of 2025, representing largest ongoing LBM commitment in shipping

SIMEST and Fincantieri sign agreement for the growth of supply chain companies

Business
Fincantieri is the first company in Italy to subscribe to SIMEST's “Filiere d’Impatto” supply chain initiative

Silverstream and Yiu Lian Dockyards sign MoU to drive Silverstream® System installations

Business
The shipyard accepts all major vessel types but is well known as the leading repair yard in China for LNG carriers (LNGCs).

FPSO Prosperity purchase by ExxonMobil Guyana completed

Business
The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.

Syngenta and Maersk extend partnership in more sustainable supply chain solutions

Business
Under the collaboration, regular reporting on emissions and ongoing dialogue on sustainability outcomes are key determinants of business performance.

Wallenius Wilhelmsen enters into five-year agreement with leading equipment manufacturer

Business
The agreement includes a partnership on decarbonization, whereby the customer agrees to pay for the phase-in of green and renewable fuels.

Trafigura and Meroil S.A. create a joint venture company

Business
Meroil Tank will now operate as a 50:50 joint venture company

Wärtsilä and Qatar Shipyard Technology Solutions sign MoU

Business
Wärtsilä and Qatar Shipyard Technology Solutions will also collaborate on providing ship owners and operators with subject matter expertise on all available options for decarbonising their operations
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