Yearly Archives: 2024
Braemar Sees Looming Crisis In Feeder Sector
Demand for feeders is rising mainly as a consequence of the Red Sea crisis which has had a knock-on effect on demolition, but ultimately...
Euronav Seals Billion-Dollar Acquisition Deal With CMB.TECH
Euronav, the Belgian tanker operator, has finalized the acquisition of 100% shares in CMB.TECH for $1.15 billion in cash.
The acquisition aligns with...
Russian Seaports Witness 6.2% YOY Drop In Cargo Turnover For January
The cargo turnover of Russian seaports declined by 6.2% year on year to 71 million metric tons in January 2024, as reported by...
Infosys Signs Multi-Year Contract for Digital Transformation
Infosys, the country's second-largest II firm, on Tuesday said it has collaborated with Singaporean shipping company Pacific International Lines (PIL) for digital transformation in...
Stena Bulk Secures Long-Term Charter Agreements For Four New Eco MR Tankers
Stena Bulk has signed long-term charter agreements for four new buildings.
All vessels will utilize the latest 8th-generation MR tanker design.
Stena Bulk's...
HAV Hydrogen Receives Backing To Develop And Certify Zero Emission Pod
HAV Hydrogen secured NOK 12.4m to develop a containerized hydrogen energy system.
The System is a zero-emission pod prototype.
HAV aims to provide...
Louis Dreyfus Armateurs Takes Commission for ‘Entire Fleet’ of Wind-Assisted Roros
Airbus has asked high-end shipping specialist Louis Dreyfus Armateurs (LDA) to build three roll-on/roll-off (ro-ro) vessels with Norsepower Flettner rotors to replace older, higher-emissions...
23 Methanol-Powered Ships Ordered Since The Start Of 2024
The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning...
Reach Subsea ASA Expands Capacity Through Charter Arrangements
Reach Subsea ASA and reinforce its capabilities to meet the demand in the subsea services market.
The comprehensive service portfolio caters to renewables...
Eco-Friendly VLCCs Design Concepts Developed By Japanese Consortium
Malacca Max VLCCs aimed at reducing greenhouse gas emissions.
VLCCs are crucial for transporting crude oil to Japan's economy.
Companies to assess next-gen...