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DP World starts $1 bln port construction in Senegal

DP World, Dubai-based port operator, and the government of Senegal have laid the first stone to mark the construction of the new Port of Ndayane, the largest single private investment in the country's...

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UK port investment surpasses £1B mark in 2021

UK port investment topped £1 billion (around $1.3 billion) in 2021 despite continuing pandemic volatility, new research published by the British Ports Association (BPA) shows. The post UK port...

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LNG Alliance to construct LNG import terminal in Montenegro

Singapore-based project developer LNG Alliance has partnered up with Montenegro's state-owned power firm EPCG to look into LNG and power projects and a dedicated LNG import terminal in the Port of Bar....

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Conoship unveils eco-friendly diesel-electric cargo vessel

Maritime engineering company Conoship International Projects has developed an environmentally friendly diesel-electric propulsed 3600 dwt general cargo vessel, suited for sea-river operations. The post...

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UECC: Third dual-fuel battery hybrid PCTC launched in China

The third and final dual-fuel LNG battery hybrid pure car and truck carrier (PCTC) has been launched in China for United European Car Carriers (UECC), a Norway-based provider of shortsea RoRo...

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Skuld joins global initiative for zero-carbon shipping

Skuld, a marine insurance provider, has joined the Maersk Mc-Kinney Moller Center (MMMC) for Zero Carbon Shipping, an independent not-for-profit research and development center, as part of its stated...

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Tufton Oceanic buys tanker and bulker

UK’s investment company Tufton Oceanic Assets Limited has decided to expand its fleet with two vessels. The post Tufton Oceanic buys tanker and bulker appeared first on Offshore Energy.

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Mohammedia Port to host Morocoo’s 1st FSRU and LNG terminal

Mohammedia Port near Casablanca will host the country's first liquified natural gas (LNG) floating storage and regasification unit (FSRU), according to The National Ports Agency (ANP). The post...

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AET brings in first of three brand-new shuttle tankers for Shell charter

AET has taken delivery of the first of three Suezmax DP2 shuttle tankers, purpose-built for a charter inked with Shell for ops in Brazil. The post AET brings in first of three brand-new shuttle tankers...

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CMA CGM takes over one of the largest US port terminals

French shipping giant CMA CGM has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal, one of the largest terminals in the Port of Los Angeles that provides container handling...

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Piraeus Bank sells bad shipping loans for €400M

Greek multinational financial services company Piraeus Bank has reached an agreement to sell a portfolio of non-performing shipping loans for €400 million (about 452.7 million). The post Piraeus Bank...

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MSC overtakes Maersk as world’s largest ocean carrier

Swiss container shipping company Mediterranean Shipping Company (MSC) is now the world's largest ocean carrier by operated container vessel capacity, maritime consultancy Alphaliner said. The post MSC...

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Brittany Ferries’ new LNG-fuelled E-Flexer enters BV classification

Classification society Bureau Veritas (BV) has taken delivery into class the brand-new cruise ferry Salamanca, built at China Merchants Jinling in Weihai, China. The post Brittany Ferries’ new...

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Construction of Seaspan’s ten LNG “green” boxships begins

The construction of the first of ten 15,000 TEU LNG-fuelled "green" containerships chartered by the Israeli shipping company ZIM Integrated Shipping Services (ZIM) has begun. The post Construction of...

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LNG Alliance to develop Karnataka’s 1st LNG import terminal

Singapore-based project developer LNG Alliance has proposed to develop a major LNG import terminal in Karnataka which would also be India's first dedicated LNG bunkering facility. The post LNG Alliance...

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Nordic Shipholding sells last three tankers in its fleet

Denmark-based shipowner Nordic Shipholding has decided to dispose of the remaining three tankers in its fleet. The post Nordic Shipholding sells last three tankers in its fleet appeared first on...

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BIFA urges UK govt to investigate container shipping market

The British International Freight Association (BIFA) has called upon the UK government to investigate the state of competition within the current deep sea container shipping market. The post BIFA urges...

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Münsterland LNG retrofit passes technical sea trials

Münsterland, a passenger ship converted to run on LNG for German ferry operator AG Ems, has completed technical sea trials. The post Münsterland LNG retrofit passes technical sea trials appeared first...

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HII Group, Palantir jointly developing big data platform

South Korea-based Hyundai Heavy Industries (HHI)Group has teamed up with Palantir Technologies, a software company, to build a big data platform for HHI's core businesses, including shipbuilding and...

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MOL to boost investment in LNG-fueled ships, offshore wind business

Japanese shipping major Mitsui O.S.K. Lines (MOL) revealed plans to accelerate investments in LNG-fueled vessels as well as in low-/de-carbonization businesses such as offshore wind power. The post MOL...

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