News
MOL, Kanadevia, and Yanmar achieve 98% methane slip reduction in onboard trials
This achievement exceeds the 70% target.
MOL, Kanadevia, and Yanmar achieve 98% methane slip reduction in onboard trials
This achievement exceeds the 70% target.
Imabari Shipbuilding completes 64,000-ton Norse Continuation
The vessel is designed to carry cargoes such as grain and coal.
ICTSI units bag 25-year concession extension for Subic terminals
One of the companies will invest over $130m for the improvements.
Hanwha Ocean completes ship-to-ship LNG transfer during sea trials
This development addresses possible delays due to terminal congestion.
Evergreen taps partners for North China and Indonesia expansion
The new route will commence end of October.
ASL Marine eyes raising $7m through placement shares
This will fund business expansion and the broadening of its shareholder base.
Fleet expansion to propel growth for marine and offshore companies
Yard utilisation is also strong amidst demand for repairs.
K Line unit seals deal for electric tugboat construction
The boat will have a hybrid system for incorporating new technologies.
ITOCHU unveils supply of low-carbon methanol fuel for NYK Line
This development includes ship-to-ship bunkering for dual-fuel bulk carrier Green Future.
Hanwha Ocean, POSCO ink MoU to develop next-gen steel for warships
The ultra-high-strength rolled steel plate has four times the strength of conventional steel.
Imabari Shipbuilding completes 40,000-ton Unity Island
The vessel can carry a wide variety of cargoes, such as coal.
India amongst top suppliers of seafarers
The country is making major investments to fuel its maritime sector.
Marine bunker oil market to hit $280.7b by 2033
APAC is a market leader.
Aster invests $161.25m for single buoy mooring upgrade
The upgrades will enable greater capacity for energy imports.
Some nations bet on shipbuilding to drive economic growth
Western shipbuilding companies face intense competition from Asian rivals.
Yangzijiang Shipbuilding bags eight contracts worth $567.6m
Meanwhile, deals for four oil tankers were terminated.
Strategic Marine achieves technical acceptance for 40m passenger ferries for Bermuda
The ferries have a capacity of 550 passengers.