Press Releases
This week, the National Energy System Operator (“NESO”) published its final report into the North Hyde substation fire on 20 March that caused a local power outage which cut supplies to over 71,500 homes and […]
SED Energy Holdings, a company recently created through the merger of SeaBird Exploration and Energy Drilling, has signed a contract with Thailand’s PTTEP for one of its drilling rigs. The contract, awarded to the company’s […]
Donald Trump’s so-called big beautiful bill, a signature legislative package, which has just passed both the US House of Representatives and Senate, contains significant provisions aimed at revitalising American shipbuilding and the broader maritime industrial […]
President Trump’s ambitious plan to rejuvenate the US shipping and shipbuilding industries is encountering significant challenges, just months after its announcement. Despite bipartisan support for revitalising the maritime sector as a matter of economic and […]
Shipping nuclear propulsion start-up CORE POWER, ABS, and Athlos Energy have formed a consortium to evaluate the potential of floating nuclear power plants (FNPPs) to meet the energy demands of islands, ports, and coastal communities […]
Iranian logistics and shipping firm Nasim Bahr Kish has submitted a formal bid to acquire full ownership of Russia’s Astrakhan port, including a 25% stake currently held by the Russian state. The proposed RBL437.5m ($5.6m) […]
AsiaPorts and Logistics Mitsui E&S Mitsui E&S Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hydrogen refuelling system tailored for […]
Capital Gas Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, involves 174,000 cu […]
HMM South Korean carrier HMM has submitted a letter of intent to expand its terminal in Algeciras, Spain. The plan, lodged with the Algeciras Port Authority, outlines an €150m ($177m) expansion project. HMM itself will […]
FuelTrust Pierre Aury discusses all things nuclear shipping. The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, and the last commercial […]
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