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K Line to Operate Northern Lights’ CO2 Carriers Under Charter

K Line to Operate Northern Lights’ CO2 Carriers Under Charter

Japan’s K Line (Kawasaki Kisen Kaisha) which operates a diverse fleet of ships is becoming the latest company to join for the support of Norway’s Northern Lights, a pioneering project designed to tran...

Meyer Turku to Receive $85M Recapitalization Loan Approved by EU

Meyer Turku to Receive $85M Recapitalization Loan Approved by EU

The Meyer Turku shipyard in Finland has been approved for an €80 million ($85 million) recapitalization loan from the Finnish government because of the financial strains placed on the shipyard due to...

Maritime Executive

MSC Denies Bloomberg’s Allegations of Infiltration by Drug Cartel

MSC issued a statement strongly denying accusations by the Bloomberg news organization that the shipping giant had been “infiltrated” by a “cocaine-smuggling cartel” based on the massive 2019 seizure...

Engine Manufacturers Get Ready for the Green Transition

Engine Manufacturers Get Ready for the Green Transition

More than anyone else in the maritime world, engine OEMs have to prepare for a future without fossil fuels, and they are working hard to build diesel power systems that are future-proof and ready to m...

EU Moves Forward Including Shipping in ETS to Reduce Carbon Emissions

EU Moves Forward Including Shipping in ETS to Reduce Carbon Emissions

The European Council and the European Parliament agreed to move forward on the broad plan to introduce and expand the efforts to reduce carbon emissions across a broad range of industries, including p...

Hydrogen-Powered CSOVs to Reduce Emissions for Offshore Operations

Hydrogen-Powered CSOVs to Reduce Emissions for Offshore Operations

Windcat has commissioned Damen Shipyards to build a series of hydrogen-powered Commissioning Service Operation Vessels (CSOVs) to be built at one of Damen's yards in Vietnam. Damen Shipyards have d...

World's First Commercial Shipment of Blue Hydrogen Delivered to Korea

World's First Commercial Shipment of Blue Hydrogen Delivered to Korea

The world's first commercial shipment of clean ammonia has been unloaded at the port of Ulsan in South Korea after a 20-day, 7,500 nm journey from Saudi Arabia. It is not the first international shipm...

Signature Global Network Launches its First-Ever Conference in Vietnam

Signature Global Network Launches its First-Ever Conference in Vietnam

Signature Global Network, the unique global logistics networking company headquartered in Melbourne, Australia, is planning its inaugural Global Logistics Conference in Ho Chi Minh City, Vietnam from...

Thai Navy Corvette Loses Power and Sinks in Gulf of Thailand

Thai Navy Corvette Loses Power and Sinks in Gulf of Thailand

A Royal Thai Navy warship went down in the Gulf of Thailand on Sunday after flooding disabled its electrical systems and its engines.  The HTMS Sukhothai, a Ratanakosin-class missile corvette, was...

German Seamen's Mission Receives Christmas Donation

German Seamen's Mission Receives Christmas Donation

For the second year Aquametro Oil & Marine supports the Christmas campaign of the German Seamen's Mission in Rostock, Germany with a donation. The Deutsche Seemannsmission (German Seafarers' Missio...