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P&O Cruises’ LNG-powered ship Iona sails maiden voyage

British shipping company P&O Cruises' 180,000-tonnes LNG-powered cruise ship Iona has departed Southampton for its maiden voyage. The post P&O Cruises’ LNG-powered ship Iona sails maiden voyage...

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PSA, RHT team up on ESG digital assets solutions to speed up decarbonization

PSA International has partnered up with RHT to explore co-creation and investment in environmental, social, and governance (ESG) digital assets solutions in an effort to further advance the goals of...

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PortMiami terminals to be “shore power ready” by fall 2023

After signing a partnership agreement with six major cruise lines to bring shore power to PortMiami, Miami-Dade County, which operates the port, has announced that the PortMiami will be "shore power...

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Golden Ocean exits bulker JV after fleet renewal

Bermuda-registered, Norway-based dry bulk shipping company Golden Ocean has terminated its relationship with Capesize Chartering Ltd. (CCL), a joint venture to coordinate the Capesize spot chartering...

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GEV signs green hydrogen export deal with HyEnergy partners

Australian energy company Global Energy Ventures has entered into a non-binding memorandum of understanding (MoU) with Province Resources and Total Eren to study the feasibility of green hydrogen...

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Wärtsilä secures engine order for two TT-Line’s RoPax ferries

Finland-based technology company Wärtsilä has announced that it will supply engines and fuel gas supply systems for two roll-on/roll-off passenger (RoPax) ferries being built for Australian ferry...

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Sumitomo Corporation joins Mærsk Mc-Kinney Møller Center

Japan's trading company Sumitomo Corporation and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement to work on the development of zero-carbon technologies for...

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HHI seeks $930M IPO to fund eco-friendly ship tech

South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel...

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Taylor Maritime orders seven Handies for $107.8M

UK-based dry bulk shipping company Taylor Maritime Investments (TMI) has placed an order for seven Japanese-built geared handysize bulkers worth $107.8 million. The post Taylor Maritime orders seven...

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CK Hutchison buys Swire’s 50 pct stake in Hongkong United Dockyards

Hong Kong-based CK Hutchison Holdings Limited said that the CK Hutchison Group has entered into a binding agreement with holding company Swire Pacific Limited to acquire 50% interest in Hongkong United...

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Ethics vs. sustainability – Where will Cuba accusations lead CMA CGM business?

French container shipping major CMA CGM is facing formal accusations in the USA for what was described as "illegal" dealings with Cuba. The post Ethics vs. sustainability – Where will Cuba accusations...

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Oldendorff Carriers invests in navigation technology

German dry bulk owner and operator Oldendorff Carriers has taken a minority stake in Finland-based navigation technology start-up Groke Technologies. The post Oldendorff Carriers invests in navigation...

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Hapag-Lloyd reveals strong performance in half-year results

Germany's largest container liner shipping company Hapag-Lloyd enjoyed earnings growth in the first half of 2021 which was driven by strong demand and higher freight rates. The post Hapag-Lloyd reveals...

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Euronav suffers $89.7M loss in “challenging” Q2

Antwerp-based tanker shipping company Euronav has reported a challenging second quarter of 2021 which ended in a $90 million deficit. The post Euronav suffers $89.7M loss in “challenging” Q2 appeared...

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NYK-chartered ship splits in two after grounding off Japan

After running aground off Hachinohe Port, Japan, on 11 August 2021, the Panama-flagged bulk carrier split in two today. The post NYK-chartered ship splits in two after grounding off Japan appeared...

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Rauma Marine launches Tallink’s LNG-fueled shuttle ferry

Finnish shipbuilding company Rauma Marine Constructions launches MyStar, an eco-friendly LNG-powered shuttle ferry owned by Estonian shipping company Tallink Grupp. The post Rauma Marine launches...

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US eyes shipping reform, faces carriers’ criticism

Two US congressmen have introduced the “Ocean Shipping Reform Act of 2021", the first major update of federal regulations for the global ocean shipping industry since 1998. The post US eyes shipping...

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Keppel hands over Russia’s first LNG bunkering vessel

Singapore's conglomerate Keppel Offshore & Marine (Keppel O&M) has delivered Russia’s first liquefied natural gas (LNG) bunkering vessel to shipping company Shturman Koshelev LLC. The post...

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Victory Petroleum to shift bunker fleet to electric propulsion

Singapore's bunker supplier Victory Petroleum Trading (VPT) has signed a memorandum of understanding (MoU) with Sea Forrest Power Solutions, a subsidiary of BH Global Corporation to convert its...

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NCL’s lead Prima-class cruise ship launched in Italy

Italian shipbuilder Fincantieri has floated out Norwegian Prima, the first of six energy-efficient Prima-class vessels being built for Norwegian Cruise Line (NCL). The post NCL’s lead Prima-class...

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