Singapore plans to apply stricter control measures to the marine fuels sector, a move that industry sources say could boost transparency in a notoriously opaque industry.
In its 2018 edition of Maritime Transport Review, UNCTAD informed that in 2017, total newbuilding delivery amounted to 65 million gross tons, equivalent to 5.2% of the start-of-year fleet in 2017.
The European Investment Bank (EIB) approved a €195 million (USD224.7 million) financing to the Centre-North Tyrrhenian Sea Port Authority for the expansion of the port of Civitavecchia, in the Italian capital.
State-owned Finnish polar services company Arctia has tested the oil-recovery capabilities of its LNG-powered icebreaker Polaris at sea for the first time.
The UK Crown Estate has revealed the eight proposed offshore wind farm extension projects totalling up to 3.4GW that have now satisfied its application criteria.
The developers of the Norther offshore wind farm and Siemens Gamesa have moved into a new operations and maintenance base at the Port of Ostend in Belgium.
This major milestone kick-starts the second testing campaign of the floating OWC device which integrates the main innovations developed in the OPERA project