In a sign of the times, Japan’s Mitsui OSK Lines (MOL), the world’s second-largest shipowner, will open a new office in Washington, DC. “As global challenges continue to evolve-ranging from geopolitical uncertainties and stricter environmental regulations…

Italian owner D’Amico Fratelli, a family-run firm independent of the larger d’Amico Group, has let go of a 2009-built LR2 tanker for a premium.  The Mare Nostrum, now named Mare, is the first Japanese-built LR2 sold this year. The Mare is now part of Turkey’s…

The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply chains. The investment is expected to directly and indirectly mobilise billions in additional private…

Dutch subsea services specialist N-Sea Group has been awarded a contract to repair one of the four cables that connect the Gwynt y Môr offshore wind farm in the Irish Sea to the National Grid. The offshore wind farm has a capacity of 576MW and is located…

Rhode Island senator Sheldon Whitehouse and congressman Seth Magaziner are leading a bipartisan group of senators to ban offshore drilling along the coast of New England. New England consists of Maine, Vermont, New Hampshire, Massachusetts, Connecticut, and…

With so many digital solutions out there, the challenge isn’t just technology—it’s integration, usability, and execution, says Alok Srivastava, the managing director of GeoServe, a voyage management solution, days ahead of his visit to Switzerland to attend…

Shanghai Port Group Energy has booked an LNG bunker vessel newbuilding at Jiangnan Shipyard. The business unit of Shanghai International Port Group (SIPG) has signed up for a 20,000 cu m unit, scheduled for delivery in the first half of 2027. The vessel,…

Israeli carrier ZIM has been ordered to pay about $3.7m to Samsung Electronics America (SEA) for violating the US Shipping Act. The American affiliate of the Korean manufacturing giant filed a complaint with the Federal Maritime Commission (FMC) in October…

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

Marine Insight - The maritime industry guide.

S&P Global has agreed to acquire the automatic identification system (AIS) business of Orbcomm. The New York-headquartered company said the purchase, on undisclosed terms, will see one of the leading providers of ship tracking services integrated within its…

Danish shipping giant Norden is celebrating what it claims is a world-first, completing a voyage from Singapore to Brazil using biofuel from what it claims came from a carbon-negative process.  A Norden vessel used 65 tonnes of fuel blend with 20% MASH Makes…