News

The Panama Canal contributed to a reduction of more than 13 million tons of carbon dioxide (CO2) equivalent emissions in 2020 by offering a shorter route to ships when compared to the most likely alternative routes. ...

Singapore’s conglomerate Keppel Corporation has revealed that its struggling Keppel Offshore & Marine unit will exit the offshore rig building business as the company positions for the global energy transition....

Regional development agency Highlands and Islands Enterprise (HIE) has approved investment of up to £8.3 million in Scottish government funding for the development of East Quay at Port of Nigg to help meet the needs of...

Technology company ABB has been selected to deliver an end-to-end electric power and propulsion solution for South Korea’s first domestic zero-emission ferry. ABB received the contract from Busan-based shipbuilder...

Singapore-based ship management company Eastern Pacific Shipping (EPS) has met its Environmental, Social & Governance (ESG) policy two years ahead of schedule, the company announced. EPS started disclosing a...

Egyptian authorities have confirmed their intention to enter into a long-term partnership with French shipping major CMA CGM for the operation and management of Pier 55, the Port of Alexandria’s future multi-purpose...

The Finnish technology group Wärtsilä has been contracted to supply dual-fuel engines for six new 172,500 cbm Arctic LNG 2 carriers. The order, which is valued at more than EUR 100 million, was placed in December 2020...

The Norway-based Kanfer Shipping has signed a Letter of Intent (LOI) with the China-based Taizhou Wuzhou Shipbuilding Industry for a pair of small-scale LNG bunker and distribution vessels. The two vessels with a 6,000-...