Press Releases
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 […]
BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily transport iron ore from Western […]
TS Lines Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional 5,000 teu vessels, […]
AfricaOperations X.com X.com Four crew members died after a jackup barge owned by Saudi oil and gas driller ADES capsized on Tuesday evening, some 300 km south of the Suez Canal. Egyptian authorities said that […]
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