SEACOR Plans Battery Power Conversion for Additional 4 PSVs
SEACOR Marine Holdings has declared its intention to transform four platform supply vessels (PSVs) to utilize hybrid battery power.
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Economou Expands Influence in OceanPal Holdings
Greek shipping tycoon George Economou has recently increased his shareholding in OceanPal, a dry bulk company with connections to the Palios family
ABB Boosts Tech Presence Through Weather Routing Co. Purchase
In the most recent development in shipping data services ABB has acquired the shipping business of DTN, a meteorological forecasting specialist.
THE Alliance Members Forge Robust Partnerships
In an attempt to quell speculation about its future, THE Alliance members have issued a statement reassuring that their operations will proceed as usual.
Yang Ming and Evergreen in Talks for Multiple Feeder Orders
Alphaliner is reporting that the Yang Ming is looking for approximately 15 feeders, whilst Evergreen is seeking to contract for 6 total ships.
Tsakos Expands Fleet with Purchase of Five Viken Tankers
Tsakos has been linked to acquiring five contemporary tankers through an agreement with Viken Shipping, a Norwegian company.
Wallenius Wilhelmsen Progresses with Fleet Growth
Vehicle transport specialist Wallenius Wilhelmsen finalize multi-year transport deal with a South Korean construction equipment manufacturer.
Pertamina Plans to Join Indonesia Stock Exchange in 2025
In an attempt to generate funds for their ambitious fleet expansion project, Indonesia’s Pertamina International Shipping plan to go public in 2025
Van Oord Takes Charge of Pivotal FSRU Jetty Construction in DE
Van Oord secures contract from FSRU Wilhelmshaven, a venture between ENGIE and TES for construction of FSRU jetty in Wilhelmshaven, Germany.
RCL Expands Fleet with Order for Four Boxships from China
Several brokerage report RCL, a Thai shipping company, has ventured to southern China for the procurement of four 4,400 TEU vessels.
Financial Turmoil Hits Leading Shipbuilder in Vietnam
Vietnam shipbuilder SBIC formerly Vinashin, is poised for bankruptcy as numerous attempts to restructure the company have proven unsuccessful.
Euronav Plans for 120 Low-Carbon Ships Under New CEO Saverys
Alexander Saverys, recently appointed CEO of the tanker giant following a takeover battle, discussed how he views the Euronav fleet evolving.
TFG Marine Supports Fratelli Cosulich’s Methanol Dual-Fuel Tech
The Italian maritime firm Fratelli Cosulich has placed an order for its inaugural methanol dual-fuel chemical bunker tanker.
Fleet Modernization: Frontline Phases Out Five Senior VLCCs
John Fredriksen's maritime enterprise, Frontline, has officially announced the sale of its five most senior Very Large Crude Carriers (VLCCs).
MOL's Game-Changing Investment in Wind Turbine Maintenance
MOL is expanding its commitment to the offshore wind industry through a partnership with Hokutaku, a company specializing in wind turbine maintenance.