Press Releases
BAR Technologies Marine engineering consultancy BAR Technologies has entered into a partnership agreement with floating offshore wind platforms provider Nervion Naval Offshore, to wholly manage and oversee the production of WindWings sails in Europe. The […]
AsiaTankers India will surpass China as the largest source of oil demand growth in the world this decade, according to a new report from the International Energy Agency (IEA). India is currently the world’s third […]
Royal Navy A 20-year-old panamax bulk carrier belonging to NASDAQ-listed Star Bulk became the latest Houthi target today. The Star Iris was shot at twice in the space of 20 minutes by missiles while transiting […]
GasMiddle East Nakilat Qatari gas shipping giant Nakilat has been selected by QatarEnergy to own and operate up to 25 vessels as part of the Middle Eastern country’s second phase of a massive LNG shipbuilding […]
British carbon capture specialist Seabound has completed its maiden voyage, capturing 78% of a containership’s carbon emissions and more than 90% of its sulphur output. The pilot, which was made possible with the support of […]
Dry CargoEurope Costamare New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet renewal and focus on larger tonnage in the sector. The Konstantinos Konstantakopoulos-led company has revealed the sale of nine ships ranging […]
French shipowner Louis Dreyfus Armateurs (LDA) will install Norsepower Rotor Sails on a new low-emission roro fleet to be chartered to Airbus. The Norsepower Rotor Sail is a modernised version of the old Flettner rotor […]
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung Heavy Industries winning a tender for a pair of 150,000 dwt units with delivery in […]
Maersk / Singapore MPA AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s goal to hold the global average temperature increase at 1.5C above […]
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took its second price cap enforcement action of 2024 yesterday, imposing sanctions on four entities and identifying one Gabon-flagged vessel as blocked property, […]
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