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The shipping industry is continuing to take its early steps toward the integration of wind-assisted propulsion into long-distance ocean shipping.
Maersk has revealed that a tug is on its way from Europe in a ‘first time right’ strategy to rescue the stricken 8,450 teu Maersk Sana which is drifting without main engine power in the western Atlantic.
The Blue Whale is also equipped with a quiet propulsion system that switches between high-speed waterjets and magnetic fluid drives.
A passenger from the cruise ship MSC Virtuosa has been arrested on suspicion of murder after the death of a 60-year-old man on board.
LNG containment systems specialist GTT is expanding its digital solutions business with the acquisition of Danalec.
The management and procedures related to vessel registration in Panama will take a qualitative leap toward modernization and efficiency in less than a week.
With the historic climate agreement adopted by the IMO just before Easter, shipping has become the first industry to face a globally established price on greenhouse gas emissions.
Denmark’s Scandlines is anticipating the delivery of its newest ferry which is completing trials and certification in Turkey.
The Joint Expeditionary Force, a coalition of 10 European nations, recently demonstrated its skills and practiced coordination as it moved a strategic cargo through the Baltic region.
Norway’s Equinor entered into an agreement to sell its interest in Brazil’s Peregrino field.
From splash247.com
Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers.
From splash247.com
Eman Abdalla, global operations and supply chain director at Cargill Ocean Transportation, has been elected chair of the Sea Cargo Charter, a framework developed to measure shipping emissions against decarbonisation benchmarks.
From splash247.com
Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now.
From splash247.com
South Korea’s largest shipbuilding group HD Hyundai signed a partnership with A.P. Moller-Maersk to jointly develop decarbonised shipping technology and global integrated logistics services.
From splash247.com
\Italian tanker and bulker owner and operator Premuda has concluded a management buyout led by its top executives.
From splash247.com
A total of 18 attorneys general filed a lawsuit in federal court challenging US president Donald Trump’s order to shut down offshore wind projects, stating that such a move was “unlawful and can jeopardise the continued development of a power source critical to the states’ economic vitality, energy mix, public health, and climate goals.”
From splash247.com
Swiss-based marine construction specialist Allseas has ordered two offshore construction vessels from Wuchang Shipbuilding Industry Group in China.
From splash247.com
The Trump administration is changing another Biden-era offshore oil and gas industry rule regarding assurances for decommissioning of old infrastructure.
Carbonid to make up to €700,000 in financial support available to projects cutting greenhouse gas emissions in the Rotterdam port environment.
Fincantieri subsidiary Vard is to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore (DFO).
The long-delayed Scottish ferry Glen Sannox had another setback in March, when a failed weld seam put the ship out of commission for two days - and resolving the matter fully could take even longer.
Oil prices have dipped below $60 a barrel, potentially boosting Indian refiners' margins. While petrol and diesel prices may remain stable for consumers, jet fuel could see a decrease.
Europe's aging power grid faces urgent modernization needs due to rising green energy, increased demand, and cybersecurity threats, highlighted by a recent blackout in Spain and Portugal.
Russia’s exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a year earlier to 10.4 million metric tons, LSEG preliminary data showed on Monday, amid sanctions.
From www.world-grain.com
FAS projects 2% increase in 2025-26 due to expanded acreage.
From www.world-grain.com
USDA data show 4.1% decrease in quarter
