News
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ESL Shipping Sells Kallio to Boost Green Transition
ESL Shipping, a subsidiary of the Finnish conglomerate Aspo, has finalized the sale of its handysize bulker, Kallio, to the…
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Innovations to be implemented on ASCO’s third Ro-Pax type ferry under construction
Construction of a state-of-the-art Ro-Pax ferry at the Baku Shipyard is advancing rapidly, with significant milestones achieved. Seventy percent of…
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ExxonMobil steps into LNG bunkering with Avenir and Evalend newbuilds
ExxonMobil is set to make a significant move into the liquefied natural gas (LNG) marine bunkering sector with plans to…
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Lemissoler Secures Approval for Innovative Hatch Design
Lemissoler Corporate Management Ltd. has achieved a significant milestone by receiving Approval in Principle (AiP) from the American Bureau of…
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DP World and Hapag-Lloyd Extend Strategic Partnership
DP World, a prominent player in ports and logistics based in Dubai, has renewed its collaboration with German shipping giant…
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Austal secures $100 million loan to expand US shipyard
Austal USA has successfully secured a $100 million loan from Export Finance Australia (EFA) to enhance its shipyard operations in…
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Austal USA Secures $100 Million Loan for Shipyard Expansion
Austal USA has announced a significant $100 million loan agreement with Export Finance Australia (EFA) aimed at enhancing its shipyard…
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Trump Greenlights Arctic Security Cutter Construction
In a significant move to bolster national security in the Arctic, President Donald J. Trump has signed a Presidential Memorandum…
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Maritime Industry Pushes for Global Net-Zero Framework
Leading maritime organizations are urging governments to adopt the “Net-Zero Framework” during the upcoming Extraordinary Session of the UN International…
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Snam Eyes Major Gas Expansion in Sardinia
Italian gas operator Snam has secured an exclusivity agreement with Higas shareholders, signaling a significant step towards acquiring a complete…
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