Kongsberg Maritime Secures Contract to Supply Propeller Systems to Damen Naval

Kongsberg Maritime will supply four shipsets of its controllable pitch propeller systems and associated equipment, including shaftlines. It is the second collaboration between Damen Naval and Kongsberg Maritime in the past 18 months, according...

Singapore Strengthens Maritime Services Cluster And Gears up for Digital And Green Future

The third edition of the Maritime Services Leaders Forum (MSLF) was held on 18 April, during Singapore Maritime Week (SMW) 2024. Organized by the Maritime and Port Authority of Singapore (MPA), the MSLF saw...

Fewer Green Hydrogen Projects Will Mean More Global Trade for Ammonia

Regulatory pressure to decarbonize maritime shipping is driving ports to seek low-cost supplies of renewable ammonia worldwide. A new report by RMI and the Global Maritime Forum highlights the potential for increased global...

MPA And IEA Collaborate to Drive Maritime Decarbonization and Digitalization

The Maritime and Port Authority of Singapore (MPA) and the International Energy Agency (IEA) have signed a Memorandum of Understanding (MoU) to deepen the partnership between the two organisations and accelerate maritime decarbonisation and...

Wärtsilä Cargo Selected Three New Very Large Ethane Gas Carriers 

Wärtsilä Gas Solutions secures a contract to provide cargo handling and fuel supply systems for three new VLECs.  Purus emphasizes achieving net-zero carbon emissions. Purus is recognized as a global leader in maritime...

CMA CGM Group Acquires Bolloré Logistics In Landmark Deal

The Bolloré Group and the CMA CGM Group announced the completion of the sale of Bolloré Logistics. Saadé welcomes the 14,000 employees joining the group. . It transported 710,000 TEUs of ocean freight,...

Port Of Los Angeles Surpasses 740,000 TEUs In March

The Port of Los Angeles processed 743,417 container units marking an increase. The first quarter performance ranks among the Port’s strongest.  Expected cargo flow to continue in April and the second quarter, citing...

EMA And JERA Forge Alliance For LNG Procurement And Supply Chains

EMA and JERA have signed a Memorandum of Understanding (MoU) to collaborate on LNG procurement and supply chains for Singapore and Japan. Under the MoU, both entities will exchange best practices and knowledge...

ISL Joins Forces With Market Manager by Klaveness For Next-Level Freight Solutions

ISL and Market Manager by Klaveness have entered a pilot deal to enhance freight and vessel decisions through the Software-as-a-Service (SaaS) platform. ISL, an esteemed customer of Klaveness, currently trading a vessel in...

Tanker Demand Witnesses Sharp Increase Amid Red Sea Crisis

The predominant narrative revolved around the Houthi assaults on more than 80 commercial vessels in the Red Sea since the attacks began. A growing number of tankers opted to bypass the Red Sea altogether...