DFDS said it will invest $1.2 billion in six battery electric vessels for operation in the English Channel, to be deployed on the Dunkirk-Dover and Calais-Dover routes to carry passengers and freight between the U.K. and the European Union.The first two electric vessels will be in operation by 2030, while the rest are expected to follow before 2035, the company said.“This is an important step towards decarbonizing cross-Channel transport…
MMC Port Holdings has hired CIMB and Maybank to work on an initial public offering (IPO) in Malaysia that could raise more than $1.34B, two sources with knowledge of the matter said.RHB and UBS have also been asked to help prepare the IPO, two further sources said…
SANMAR signed a contract with PORT FLOT – BURGAS, one of Bulgaria’s leading towage companies, to build a multi-purpose tug to join its fleet, providing services in the Bay of Burgas.The new tugboat will be one of the Turkish tug-builder and…
New MPV brings increased versatility to workboat sector.Damen Shipyards Group and Herman Sr. have signed a letter of intent (LOI) for the construction of a new Multi-Purpose Vessel (MPV) 4916. The LOI was signed during the Offshore Energy exhibition…
BlastOne International announced that it has been chosen by Irving Shipbuilding Inc. (ISI) to construct a cutting-edge three bay paint hall as part of the River-class Destroyer (RCD) Infrastructure Project.This initiative is essential for enhancing…
Estonian State Fleet announced a call for tender for the design and construction of a new, battery-powered electric ferry to serve the main islands in Estonia. 'I’m proud to see Estonia leading the way in adopting environmentally sustainable technologies in the maritime sector to achieve this…
Singapore’s Majestic Fast Ferry Pte Ltd has commissioned Incat Crowther to design a new second generation 39-m passenger ferry as the basis of its future fleet. Incat Crowther’s range with PT Cahaya Samudra covers four vessels lengths; 29-, 32-…
Marlink said it will deploy its guaranteed bandwidth hybrid network solutions to the Höegh Autoliners fleet. Already a customer using remote IT service, support and maintenance from Marlink, Höegh Autoliners will adopt Marlink’s hybrid network solutions…
Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights…
A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia.Based in Oxagon, Port of NEOM is located along the coast of the Red Sea and is adjacent to the nearby Suez Canal…
CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes…
Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat…
A Series B financing round led by the Blue Ocean fund, managed by sustainable investor SWEN Capital Partners, reportedly raised $12m and will enable ECOsubsea, a Norwegian hull cleaning specialist to scale up its operations.While hull cleaning…
The United States Defense Advanced Research Projects Agency (DARPA) awarded Halifax, Nova Scotia, Canada-based Glas Ocean Electric a contract to develop and demonstrate a low-cost data acquisition system that can be easily installed on a range of vessels including fishing vessels…
Optimized to deal with shallow water levels, a diesel-electric drive system and an extra-wide design for the vessel are the main features of a gas tanker that HGK Shipping ordered from the Dutch shipyard, De Gerlien Van Tiem, on September 15…