The UAE-headquartered logistics heavyweight DP World has passed a “momentous” milestone, having surpassed 100 million TEUs of container handling capacity across its global portfolio since its inception.
Swift action needed to bring autonomous inland shipping closer to reality, German insurers say
From a purely technical perspective, it would be already possible today to allow inland waterway vessels to travel across rivers unmanned and remotely controlled. However, as there are still many legal
DNV: LNG dominated alternative-fuel ship orderbook in ‘exceptional newbuilding’ year
Described as the maritime industry’s “exceptional newbuilding year”, 2024 yielded a record number of LNG-fueled ship deliveries, according to the latest data from DNV’s Alternative Fuels Insights (AFI) platform.
XOCEAN closes €115 million financing to support ongoing growth
Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors.
Subsea7 takes on FEED work to help unlock North Sea field’s oil & gas
Subsea7 has secured a contract with Norway’s state-owned energy company Equinor to deliver a study that will finalize the technical definition of the proposed subsea development at a field off Norway
Wales introduces strategic resource areas for tidal stream energy
Wales has taken a step forward in marine planning by introducing its first Strategic Resource Areas (SRAs) for tidal stream energy, aiming to foster the sustainable development of marine energy while
CLdN picks Elomatic’s energy-saving solution for its hybrid RoRo pair
Multimodal logistics provider CLdN has contracted Finland-based consulting and engineering company Elomatic to install tunnel thruster technology on two new roll-on/roll-off (RoRo) vessels currently under construction.
BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU
The global containership orderbook hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the
Kongsberg Discovery expands with purchase of subsea monitoring provider
Norway’s Kongsberg Discovery, Kongsberg Gruppen’s business area for robotics and sensor technology, has acquired compatriot Naxys Technologies, a provider of underwater environmental monitoring solutions, specializing in recognizing the sound of oil
COSCO blacklisted: Sanctions signal new front in US-China (maritime) rivalry
China’s state-owned COSCO Shipping Holdings has been placed on the US Department of Defense’s (DoD) sanctions list, together with 130 other Chinese companies, for their alleged ties to the country’s military.
ADNOC L&S acquires 80% stake in Navig8 for $1.04 billion
In a deal worth $1.04 billion, ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has acquired an 80% stake
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil Guyana, a subsidiary of America’s oil major ExxonMobil, is going to remain hard at work during 2025 to develop
- Batch of onshore and offshore drilling jobs brings $513 million to KCA Deutag
- NuProShip project aims to enliven nuclear propulsion in deep sea shipping
- Galp looking for new leader as CEO steps down ‘for family reasons’
- TRIG to provide renewable electricity for hydrogen project in Port-La Nouvelle
- With first bunkering operation under the belt, Monjasa pioneers LNG as marine fuel in UAE
- LS Cable & System finalizes ‘Korea’s largest’ subsea cable project