DNV has granted HD Korea Shipbuilding & Offshore Engineering (HD KSOE) an Approval in Principle (AiP) for the design of a new 15,000 TEU container vessel powered by Small Modular...
Zparq secures €5.5M EU funding for electric marine drivetrain
Swedish deeptech company Zparq has received €5.5 million ($6.38 million) in EU funding, supporting the development and scaling of its advanced Z10 electric drivetrain platform. Selected as one of only...
IMO delays Net Zero Framework adoption
Member States of the International Maritime Organization (IMO) have voted to defer a decision on proposed amendments to the MARPOL Convention, effectively pausing progress on the body’s long-awaited net-zero emissions...
Panama Canal launches NetZero Slot to cut emissions
The Panama Canal Authority (ACP) has introduced a new NetZero Slot, aimed at promoting the decarbonisation of maritime trade and progressing its institutional commitment to achieving net-zero emissions by 2050....
Stena RoRo orders new C-Flexer RoRo vessels
Stena RoRo AB has signed a Letter of Intent (LOI) for up to six C-Flexer RoRo cargo vessels, marking a strategic investment in a segment that the company says has...
NYK powers Japan’s offshore wind with new CTV deal
Nippon Yusen Kabushiki Kaisha (NYK) has signed a long-term time-charter agreement for an offshore wind crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy LLC, a joint venture...
MITSUI E&S Co., Ltd. has achieved a major milestone with the cumulative shipment of 500 units of its hallmark quay container crane, the MITSUI-PACECO Portainer®. The landmark 500th crane is...
Wärtsilä expands bold lifecycle pact with Seagems fleet
Wärtsilä has renewed and expanded its Lifecycle Agreement with Brazil-based offshore operator Seagems, formerly known as Sapura, covering its fleet of offshore support vessels. The agreement, booked in Q3 2025,...
SAAM takes full ownership of Intertug
SAAM has announced the complete acquisition of Intertug’s Colombian and Mexican operations, securing the final 30 per cent stake for an investment of $30.5 million. This decisive step gives SAAM 100 per...
Shipping sector faces new IMO fuel reward system
The International Maritime Organization (IMO) is expected to adopt its Net-Zero Framework in October 2025, with the measures entering into force in 2027. According to the IMO, the framework will...
NYK’s green future bunkers low-carbon methanol in Ulsan
The methanol dual-fuel bulk carrier Green Future, chartered from Kambara Kisen Co., Ltd. by NYK Bulk & Projects Carriers Ltd. (an NYK Group company), completed a methanol bunkering operation at...
IMO marks World Maritime Day 2025
The International Maritime Organization (IMO) is commemorating World Maritime Day on 25 September, placing a strong emphasis on environmental protection—an essential part of its longstanding mandate. This year’s central theme,...
