News

Decarbonization in the shipping sector is inevitable. However, charting the way forward for the sector seems a very complex and demanding task as the industry stakeholders look at how regulations and market-based mechanisms...

Germany’s propulsion manufacturer Schottel has received a contract to deliver EcoPellers and PumpJets for two autonomous electric ferries ordered by Norway-based ASKO Maritime AS. India’s Cochin Shipyard Limited (CSL) is...

The Port of Gdansk expects its €1.3 billion infrastructure investments program to be completed in 2021.  The investments focus on the ‘Inner Port’ and ‘Outer Port’ areas and are crucial to the port’s ambition to compete...

Tanker owner and operator Scorpio Tankers has decided to sell and lease back three MR product tankers and one LR2 product tanker to China’s AVIC International Leasing. The deal includes the three 50,000 dwt units — STI...

Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. has reached final agreements with its lenders for the financial restructuring of a total of $179 million, consisting of four senior credit...

Mediterranean Shipping Company (MSC) has joined the Hydrogen Council, as a steering member to foster cross-sector collaboration that will accelerate research and development related to clean hydrogen derived fuels and...

Dutch ship designer and builder Holland Shipyards Group has signed a contract to build three additional hybrid ferries for Germany’s Schlepp- und Fährgesellschaft Kiel (SFK). The contract comes after Holland Shipyards...