The European Commission has approved five schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden. As explained, the schemes encourage ship registration in Europe and contribute to …

World Wildlife Fund (WWF) Canada, an international conservation organization, has supported a ban on the use of open-loop exhaust gas cleaning systems (EGCSs) and discharge from hybrid scrubbers in Canadian …

Khalifa Port, the flagship port of  Abu Dhabi Ports, is set for further expansion with a planned investment of AED 4 billion (USD 1.08 billion) aimed at boosting the company’s …

Japanese shipbuilder Kawasaki Heavy Industries has named Suiso Frontier, the world’s first liquefied hydrogen carrier, at its yard Kobe Works, the company said. This vessel is owned by CO2-free Hydrogen …

Biofuels are not likely to become the prevailing zero-carbon solution of choice in the shipping industry’s decarbonization process in the long-term due to many challenges, according to an inquiry commissioned …

The European Commission has found Germany’s plans to strengthen the capital position of state-owned Norddeutsche Landesbank – Girozentrale (Nord/LB) to be free of any state aid. The measures involve a …

As the year winds down, forecasts are being made for 2020 and based on Fitch Ratings’ new report, there is little room for optimism. The rating agency listed several factors …

China has officially unveiled China Shipbuilding Corporation, which was described by the country’s officials as “the world’s largest shipbuilding group”. The inaugural meeting of the newly created company was held …

Samsung Heavy Industries (SHI), one of major shipbuilders in South Korea, has agreed to pay total penalties of more than USD 75 million to resolve the US government’s investigation into …

The Port of Hamburg saw strong growth in the first nine months of 2019, with seaborne cargo throughput rising by 3.2 percent to 104 million tons, At that rate, Hamburg …

Small-scale liquefied natural gas (LNG) supplier Avenir LNG Limited has teamed up with Golar Power Limited to develop the small-scale LNG market in Brazil. Avenir’s second 7,500 cbm LNG carrier …

Hamburg-based Fintech company Marvest has launched a digital ship investment project with the Norwegian shipowner EOS Bulk Invest. The project will see a maximum amount of EUR 2 million (USD …