Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years for renewable methanol output to meet...
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently developing the Mitsubishi Ammonia Supply and Safety System (MAmmoSS®), an...
Wallenius Wilhelmsen announced it has signed a letter of intent for four firm, and eight optional, next generation vessels.
A company announcement reads:
“I am very...
US-based agricultural trader Cargill has ramped up a bio-bunkering program for its own shipping fleet and other shipowners as part of initial decarbonization efforts...
After installing scrubbers on majority of its fleet to tackle sulfur emissions in response to the International Maritime Organization’s global low sulfur mandate, product...
More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the EU following today’s adoption of a new regulation...
Shipowners can achieve decarbonization at scale within this decade with speed optimization and energy-saving equipment, according to maritime professionals — but the industry might...
The Global Centre for Maritime Decarbonisation (GCMD) and Nippon Yusen Kabushiki Kaisha (NYK) announced the signing of a five-year Strategic Partnership agreement.
NYK becomes the...
According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime.
Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...
Frontline reported unaudited results for the nine months ended September 30, 2023:
Highlights
Profit of $107.7 million, or $0.48 per basic and diluted share for the...
Euronav NV provides a business and dividend update following the recent board and management changes.
The Supervisory board has agreed to distribute USD 0.57 per...
Mr. Yves REVOL and OLYMP, controlling shareholders of Clasquin SA (Paris:ALCLA), announced that they have entered into exclusive negotiations with SAS Shipping Agencies Services...
The Piraeus Port Authority (PPA), which manages the largest and busiest port in Greece, announced the first five shore power connection slots for ferry...
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...
