Korea Midland Power (KOMIPO) has signed a memorandum of understanding (MOU) on business development and cooperation in the fields of liquefied natural gas (LNG) and renewable energy with global energy company Petronas of Malaysia, the state…
Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is reputable in leveraging Machine Learning…
India's container trade growth slowed to 1 percent (9% in the same period last year) in Q2 2019 on account of various factors like growing trade tensions and slump in manufacturing sector, Maersk said.'The slow down is due to a cocktail of international factors such as slowing trade growth…
Topaz Energy and Marine, the offshore support vessel company providing marine solutions to the global energy industry, and ABS have, together with the State Maritime Agency under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan (ASMA)…
MAN Energy Solutions has joined a new climate grouping, dedicated to developing zero-emission vessels by 2030 in connection with the UN Climate Action Summit.The ‘Getting to Zero Coalition’ is a partnership between the Global Maritime Forum…
Switzerland-based global transport and logistics company Kuehne + Nagel International AG has launched a Net Zero Carbon program that will aim to reduce the environmental impact of supply chains.In addition to the continuous reduction of its own CO2 emissions…
A global movement of companies taking ambitious climate action aligned with limiting global temperature rise to 1.5°C is emerging, states a new report released by the United Nations Global Compact, DNV GL, and Sustainia on the sidelines of the UN Climate Action Summit…
Aerospace solutions provider Airbus Defense and Space has upgraded its digital maritime service to detect and track vessels around the globe.First launched in 2018, OceanFinder leverages Airbus’ advanced constellation of optical and radar satellites…
Singapore and Panama have signed a Memorandum of Understanding (MoU) to strengthen their maritime relations.Dr Lam Pin Min, Senior Minister of State for Transport and Senior Minister of State for Health of the Republic of Singapore led the first…
Mediterranean resort town Cannes, France's fourth-biggest cruise ship port, will ban the most polluting cruise ships from next year in a bid to boost air quality in the city.The ban will target ships that do not respect a 0.1% cap on sulphur…
Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers) has announced that the company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2014 and 2015 built Ultramax vessels, respectively, for approximately $37…
Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore”) has announced the appointment of Dr. Kirsi Tikka to the company’s Board of Directors.Dr. Tikka has over 30 years of shipping experience having recently retired from the American Bureau of Shipping (“ABS”) in July 2019…
Pacific Green Technologies Inc. (PGTK) (OTCQB: PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, has announced that Gisle Kevin has been appointed as Vice President New Build Sales.Kevin has worked in the marine industry…
An Iranian sailor held hostage by Somali pirates for more than four years has been released with the help of the United Nations and a humanitarian group, Iran's Foreign Ministry said on Saturday.Ministry Spokesman Abbas Mousavi thanked the Hostage Support Partnership group…
ECOsubsea, the Norwegian cleantech firm with a unique hull cleaning technology has won contracts to clean in North European ports of Antwerp and Zeebrugge thanks to the technology’s ability to remove all hull fouling from the water.The technologically…