Höegh Autoliners ASA has secured grants of almost USD 14 million for two Aurora-class pure car truck carriers (PCTCs) which will use ammonia as fuel. The Oslo-based shipping company, which has a target of achieving net-zero emissions by 2040, has a…

An agreement to develop a grid-scale offshore hybrid wind-solar project off the Italian coast of Calabria has been signed by SolarDuck, an offshore floating solar photovoltaic (OFPV) developer, Arrow Capital, an Italian asset manager specialising in…

Netherlands-based heavy-lift contractor, Jumbo Shipping, and Germany’s breakbulk and project cargo specialist, SAL Heavy Lift, have joined forces with Houston-based multi-purpose ship and liner operator, Intermarine. The JSI Alliance now has a fleet…

A steel-cutting ceremony for the Samskip SeaShuttle has been held at Cochin Shipyard in India. The vessel is the first of two zero-emission short-sea container ships being built for the Rotterdam-based logistics company, Samskip, and has been…

The EU Emissions Trading System (EU ETS) is likely to cost Asian owners about EUR 500 million this year, according to Hamburg-based maritime technology firm, OceanScore.

Since the beginning of January, shipowners trading to, from, or within Europe…

Data covering 15 million nautical miles of voyages made by 267 ships in 2023 has recorded significant operational gains from Orca AI’s situational awareness platform. The analysis revealed a reduction in CO2 emissions of more than 170,000 tonnes as a…

Netherlands-based Jumbo Offshore, a privately-owned heavy-lift and offshore installation specialist, is expanding its Middle East operations following an agreement with Sea Horizon Offshore Marine Services that will become its Qatar-based partner in…

Norway’s Eidesvik Offshore and Agalas, a northern Norway shipowner, have established a new joint venture to build a construction support vessel (CSV) powered by dual-fuel methanol engines and batteries at Sefine Shipyard in Turkey. The vessel is due…

Damen has developed a new vessel in the Damen Compact Tugs range, the ASD Tug 1810. It will have a bollard pull of 30 tonnes ahead and 28 tonnes astern. Its design has drawn on a number of features developed in the Compact Tugs range, the company…