Idwal under new ownership
Cardiff, Wales, based vessel inspection specialist Idwal Marine Services has become a portfolio company of LDC, the private equity arm of the U.K.’s Lloyds Banking Group. With an extensive surveyor network, Idwal
Cardiff, Wales, based vessel inspection specialist Idwal Marine Services has become a portfolio company of LDC, the private equity arm of the U.K.’s Lloyds Banking Group. With an extensive surveyor network, Idwal
Container shipping alliances remain nobody’s darlings in Washington and their vessel sharing arrangements are again in the cross-hairs. Congressman Jim Costa (D.-Calif) has reintroduced the bipartisan “Ocean Shipping Antitrust Act.” The legislation
Finnish refiner Neste has signed an agreement to time charter in two low-emission 15,000 dwt products tankers with foldable suction sails and methanol dual fuel engines. Designed by Kongsberg, the vessels were
In another sign of the serious attention methanol fueling is getting in the cruise industry, TUI Cruises’ newbuild Mein Schiff 7 will be methanol ready. The first steel block of Mein Schiff
There are new faces on the board of tanker giant Euronav following today’s special shareholders’ meeting, including John Fredriksen and Saverys family patriarch Marc Saverys. That meeting was originally requested back on
Can attaining the desired CII value for a voyage be as simple as setting it on a control panel slider? Swedish marine green tech company Qtagg says “yes.” With shipowners getting increasingly
ABS has given its Approval in Principle to a project that plans to demonstrate the feasibility of using carbon capture onboard a vessel, with a pilot installation on a Stena Bulk MR
Effective today, Patrick Hutchins has succeeded Peter Twiss as president and CEO of leading dry bulk operator Oldendorff Carriers. The Lübeck, Germany, headquartered company says that Twiss has decided to step down
Ammonia-fueled shipping startup Viridis Bulk Carriers AS — a joint venture between two Norwegian shipowners, Navigare Logistics and Mosvolds Rederi, and zero emission ship project specialists Amon Maritime — is a step
Capital Link’s 17th annual International Shipping Forum kicks off today at the Metropolitan Club in New York City. The Forum is held in partnership with Citi and in cooperation with NYSE and