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Revenue grew by 20% year-on-year to US$11.2Bn, driven by strong performance across its ports and terminals sector and recent acquisitions. Adjusted EBITDA rose 21% to US$3.0Bn, while container volumes
Oceanco Group, under new owner Gabe Newell, has acquired system integrator Alewijnse, entering a new phase of providing innovative technology for the maritime, towage and offshore industries. Alewijn
The US Federal Maritime Commission (FMC) is set to rule after 20 August 2025, when the window for comments closes, on whether foreign flag practices constitute “unfavourable shipping conditions” in …
The vessel, under construction at Nantong Xiangyu and scheduled for delivery in the coming months, has been renamed Agia Fevronia. Shipbrokers reported in April that the ship had changed hands …
Svitzer has welcomed its second TRAnsverse design tugboat in the Port of Newcastle, New South Wales, Australia, where it will escort and manoeuvre large ships. Svitzer Nobbys arrived on16 August …
Shipbroking and market sources told Riviera 15 grey fleet tankers have been demolished between 2024 and 2025, eight of which were sanctioned. All of the sanctioned vessels were scrapped this …
CMA CGM is taking a minority investment in US-based biomethane producer Vanguard Renewables to gain access to what it calls "significant volumes of RNG (renewable natural gas)" to be delivered …
The 640-MW offshore windfarm, which consists of 80 fully grid-connected wind turbines, has secured all required electricity business licences, met all mandatory regulatory requirements and fulfilled a
Marina Offshore and Bureau Veritas have passed a milestone in sustainable towage in Singapore, with the first tugboat in the country receiving a Biofuel Ready notation from classification society Bure
Asahi Tanker, the Japanese tanker owner that built the world’s first two all-electric tankers, has joined a coalition supporting the electrification of maritime vessels. As a new member of the …
Amigo LNG has executed a 20-year LNG sales and purchase agreement (SPA) with Gunvor Singapore Pte for the supply of liquefied natural gas (LNG) to global markets. The company stated …
Shell and Modec have joined forces with a Brazilian state university and digital services provider to use data analysis to improve safety on floating production storage and offloading (FPSO) vessels.
Tersan Shipyard in Turkey has ordered integrated bridge systems from Norwegian Electric Systems (NES) for three ferries it is constructing. NES will supply a Raven integrated navigation system (INS)
Efforts to conclude negotiations on a global treaty to end plastic pollution have again faltered, as UN member states meeting in Geneva adjourned talks without agreeing on a draft text. …
The submission includes applications for consent under the Electricity Act 1989 and marine licence applications under the Marine (Scotland) Act 2010. Accompanying these is a suite of assessments based
DEME’s Taiwanese joint venture CDWE completed installation of all of the 73 jacket foundations for the 1-GW project in the Taiwan Strait, ahead of schedule. Earlier, the joint venture completed …
The prominent Greek shipowner has emerged as the buyer of 2022-built, 1,781-TEU H Mercury, since renamed Little Mermaid. The Chinese-built vessel, already listed in Minerva Dry’s fleet, reportedly cha
Bids are being solicited from qualified US shipyards for the construction of a 28,900-bbl e-methanol hydrogen fuelling barge for the Port of South Louisiana. According to the port’s solicitation, the
McAllister Towing is again expanding its fleet of ship escort and towage tugs with a newbuild launched by Washburn & Doughty Associates at its shipyard in Boothbay, Maine, USA. Gerard …
The ’key’ to a rapid roll-out of zero-carbon fuel options for maritime assets in the next decade is the development of fuel supply chains for methanol and ammonia, according to …
