Wärtsilä launches commercial carbon capture system for maritime sector
Wärtsilä has officially launched its innovative carbon capture solution (CCS) for commercial use across the global maritime industry.
Esvagt and KMC Line firm up Korean offshore wind venture
Danish offshore wind vessel operator Esvagt has officially formed a joint venture with South Korean shipping company KMC Line. The...
Olympic scores long-term CSOV contract with Aker BP
Norway’s Olympic has secured a five-year firm contract with Aker BP for the construction service operation vessel (CSOV) Olympic Notos....
JAFZA turns 40 with record-breaking trade volumes
Jebel Ali Free Zone (Jafza) has marked its 40th anniversary with record-breaking trade volumes of US$190 billion over the last...
US and China agree to slash tariffs
In a significant curtailment of the trade war between the world’s two largest economies, the United States and China have...
U.S. and China slash tariffs in major trade breakthrough
The U.S. and China have agreed to suspend the majority of tariffs on each other’s goods, signaling a significant easing...
How tariffs have already reshaped minor bulk trade flows
Tariffs, increasing stem sizes and changing trade patterns formed much of the debate at the Minor Bulks session at this...
Valaris rig told to stop drilling at Santos’ gas project over blowout concerns
Australia’s offshore safety regulator NOPSEMA has ordered driller Valaris to stop drilling at the Barossa gas field 300 km north...
COSCO books newcastlemax newbuilds
COSCO Shipping Bulk is swelling its orderbook with a pair of newcastlemax bulk carrier newbuilds at a domestic yard. Brokers...
Nordic American Tankers sells elderly suezmax
Nordic American Tankers has revealed a new sale of one of its oldest vessels as fleet renewal at the suezmax...
