BIMCO reports that over the past two years, ship recycling of bulkers, tankers and container ships has dropped to the lowest level in 20 years. A combination of strong demand following a series of market shocks and low orderbooks have kept older ships operating for...
ZeroNorth and Alpha Ori Technologies have announced that they have received all required regulatory approval for their agreement to join forces. The two organisations will now operate as a new, integrated business under the name ZeroNorth. The milestone kicks off a...
A new ESG-network launched by Danske Rederier (Danish Shipping) addresses the pressing need for collaboration and knowledge sharing within the shipping industry regarding sustainability reporting. At the inaugural meeting of the network, Danish Shipping members Maersk...
Maritime battery system developer EST-Floattech has received an investment of €4m from the Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. The ‘Energietransitiefonds Rotterdam’ is the investment fund of...
Japanese shipping company Kawasaki Kisen Kaisha ('K' Line) has acquired the business of Airseas (France), a company specialising in kites for wind propulsion assistance. 'K' Line has established a new company, to be known as Oceanicwing, based at Nantes in France. The...
Multimarine Services and the Columbia Group have sign a Memorandum of Agreement (MoA) to explore and identify collaborative projects in the maritime and energy sectors. The MoA will see Multimarine Services and the Columbia Group working together to identify and...
Container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MoA) with Singapore-based independent carrier X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to...
Norwegian carbon capture and storage (CCS) company Northern Lights and Kawasaki Kisen Kaisha ('K' Line) have signed bare boat charter and time charter contracts for the management of the third Northern Lights liquefied CO2 (LCO2) carrier ship. This follows the...
Ship operators, ports and cargo owners globally are now able to call upon a new business network, NatPower and its clean Energy-as-a-Service model in order to help reach net-zero carbon emissions. NatPower is an independent clean energy enabler with a mission to cut...
Technological innovator Yara Marine Technologies (YMT) has been acquired by Geneva-based Okapi Supply Trading Advisory, and energy supply chain specialist sealing mainly in the African markets. With both companies sharing a stated commitment to advancing sustainable...
Technology company ZeroNorth and tanker shipping company Euronav have announced that ZeroNorth will acquire and manage Euronav’s Fleet Automatic Statistics and Tracking (FAST) platform. As part of the deal, Euronav becomes a customer of ZeroNorth’s full platform...
New research by Lloyd's Register (LR) says deploying fleets efficiently along specific routes, combined with educated fuel and technology choices will be crucial for navigating the new Fuel EU and EU ETS regulations. The Shipping and Fit for 55 report, which offers...
Wallenius Wilhelmsen has recently signed significant contracts with a leading global construction and mining equipment manufacturer, as well as with one of the largest automotive distributors in the Americas. The multi-year shipping contract with the construction and...
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