Summarizing the latest trends in green technology uptake and fleet renewal from the Clarksons’ Fueling Transition report and monthly data series, Steve Gordon, Clarksons Research managing director, comments that the uptake of
Australia’s Fortescue Metals Group plans to have a vessel operating on green ammonia at sea by next year. The news was announced yesterday in an address at the COP26 Transport Day by
Green corridors – specific trade routes between major port hubs where zero-emission solutions are demonstrated and supported – could help speed shipping’s transition away from fossil fuels. At COP26 yesterday, the concept
A project backed with Japanese government funding aims to develop what will be the he world’s first low-speed, two-stroke hydrogen-fueled marine engine. Mitsui O.S.K. Lines, Ltd. (MOL), MOL Drybulk, Ltd., and Japan
Canada may not be Dubai, but two Federal Maritime Commissioners, Carl Bentzel and Louis E. Sola, have concerns about the planned acquisition of Ports America, the largest marine terminal operator and stevedore
Maersk group towing operator Svitzer has reached an agreement that will see Vancouver, B.C., based naval architecture firm Robert Allan Ltd., to design the world’s first harbor tug to be powered by
Norwegian offshore wind service specialist Edda Wind, which is owned on a 50/50 basis by Wilhelmsen New Energy AS and Østensjø Wind AS, today announced it had launched its long expected Oslo
Mobile satellite communications giant Inmarsat is set to be acquired by Carlsbad, Calif., based Viasat Inc., (NASDAQ: VSAT) under a definitive agreement announced today. The news comes two years after U.K.-based Inmarsat
Sarah Scherer has been named as vice president of Pacific Coast operations at the Washington, D.C., headquartered Transportation Institute (TI). Her appointment follows the retirement of Richard Berkowitz, who served as an
CIT Group Inc. (NYSE: CIT) today reports that its Maritime Finance business has arranged to provide up to $58 million to refinance four containerships operated by Leonhardt & Blumberg. The financing includes