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SHUAA Secures $300 Million Facility to Boost Marine Portfolio

SHUAA Secures $300 Million Facility to Boost Marine Portfolio

In a move to develop its marine operations, SHUAA Capital psc has secured a $300 million facility from TAEF and NBF, targeting the growth of its Offshore Support Vessel (OSV) segment. SHUAA Capital…

New Cranes to Boost Operations at Hutchinson Ports Thailand

New Cranes to Boost Operations at Hutchinson Ports Thailand

One of Thailand’s largest port operators, Hutchinson Ports is boosting operations at its ‘Terminal D’ after receiving four remote controlled super post panamax quay cranes and eight remote controlled…

47 Nations Back IMO’s GHG Emissions Pricing Mechanism Proposal

47 Nations Back IMO’s GHG Emissions Pricing Mechanism Proposal

A total of 47 IMO member states in conjunction with the International Chamber of Shipping have submitted a text to the IMO in support of a global greenhouse gas (GHG) emissions pricing…

Containership Orders Reach Record High

Containership Orders Reach Record High

A new analysis from BIMCO has highlighted that containership orders have hit a record high, with more tonnage on the way in 2025. This comes off the back of a trend which has seen carriers ordering…

Norway Begins Second Stage of Nuclear Propulsion in Shipping Study

Norway Begins Second Stage of Nuclear Propulsion in Shipping Study

Could nuclear power one day be a mainstream type of propulsion for container ships? The answer could be ‘yes’ if Norway’s NuProShip (Nuclear Propulsion in Shipping) project is a success. The project…

Van Oord Takes Delivery of World’s Largest Wind Turbine Installation Vessel

Van Oord Takes Delivery of World’s Largest Wind Turbine Installation Vessel

Dutch marine contractor Van Oord has taken delivery of the world’s largest wind turbine installation vessel, Boreas. Van Oord took delivery of the vessel during a festive ceremony at the Yantai CIMC…

AkzoNobel Protects Ultra Deep Sea Drilling Vessel

AkzoNobel Protects Ultra Deep Sea Drilling Vessel

Maritime paint and coatings provider AkzoNobel has revealed that its International-line of marine coatings have been used to protect China’s first domestically designed and built ultra deep sea…

Wallenius Wilhelmsen Wins Gothenburg Terminal Contract

Wallenius Wilhelmsen Wins Gothenburg Terminal Contract

Norwegian car carrier firm Wallenius Wilhelmsen has reached an agreement to take over the operations of Sweden’s Gothenburg port; the largest automotive-specific port in Scandinavia.  The deal…

Singapore Reports Sales of 1m Tonnes of Alternative Fuels in 2024

Singapore Reports Sales of 1m Tonnes of Alternative Fuels in 2024

The world’s largest bunkering port, Singapore, has reported that sales of alternative fuels crossed the 1 million tonnes mark for the first time in 2024.  In a statement, the Port of Singapore…

74% of All New Shipbuilding Orders Booked by Chinese Yards in 2024

74% of All New Shipbuilding Orders Booked by Chinese Yards in 2024

China has continued its increasing dominance of the shipbuilding industry by reporting that Chinese yards booked 74% of all newbuild orders last year. The country saw overall growth across three…

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