The Hamburg Port Authority (HPA) in Germany and the Vancouver Fraser Port Authority in Canada have signed a Memorandum of Understanding (MoU) to collaborate across a range of port priorities including decarbonisation, safety and cruise. The MoU will see the two port...
ITT has announced that it has completed the acquisition process for the Denmark-based Svanehøj Group , a supplier of pumps and related aftermarket services for cryogenic applications in the marine sector. ITT previously announced the acquisition in November...
Zero-emissions energy specialist Corvus Energy has secured an investment from Woven Capital, Toyota’s growth fund, to accelerate the development of its growing product portfolio in battery storage and hydrogen fuel cells, and to support expansion into new geographical...
Two major operators of container ships, Denmark-based A.P. Moller-Maersk company Maersk and Hapag-Lloyd of Germany have signed an agreement for a new long-term operational collaboration to be known as 'Gemini Cooperation', scheduled to begin in February 2025. The...
According to shipowner organisation Danske Rederier, the European Parliament has adopted a so-called own-initiative report which calls on the Commission for an EU Port Strategy that acknowledges the crucial role of ports in the green transition of the maritime...
Tanker operator Euronav, which recently announced its intention to acquire fellow Belgian company CMB.Tech, has announced its new diversification and decarbonisation strategy. The acquisition follows an unsuccessful merger approach by another tanker company,...
Maritime trading software provider Sea is launching a Carbon Exposure solution that will enable customers to effectively measure and integrate their carbon exposure calculations with emissions targets. This addition to Sea’s all-in-one platform for pre-fixture...
UK company Infospectrum, an independent global provider of counterparty risk appraisal reports and ratings, due diligence research and KYC intelligence in the markets including shipping, energy and commodities, has launched the Infospectrum ESG Assessment Report...
Arsenio Dominguez, who took up office as Secretary-General of IMO on 1 January, has named the new IMO Senior Management Committee members. In his new year message, Dominguez pledged to build on IMO's successes and do more. He said: "With me as the 10th Secretary...
Mitsui OSK Lines (MOL) has signed a time charter contract for the ammonia carrier 'Green Pioneer' with Yara Clean Ammonia Switzerland, a company in the Yara International Group of Norway, a major nitrogen fertiliser manufacturer. The vessel is a new build, delivered...
Norwegian ship recycling company Grieg Green has acquired a majority stake in ReFlow, a Danish lifecycle analysis provider, which has developed a digital platform to document the environmental performance of products and companies from a life cycle perspective....
One consequence of the attacks on shipping in the Red Sea has been for major shipping companies, including Maersk and Hapag-Lloyd, to divert container ships on Asia-Europe routes around the Cape (image credit Hapag-Lloyd) rather than the shorter Red Sea-Suez Canal...
BIMCO has appointed Stinne Taiger Ivø, previously Director of Contracts and Support, as BIMCO Deputy Secretary General. As part of the leadership team, Ivø will be representing one of the major business areas at BIMCO, Contracts and Clauses, as the shipping industry...
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