Latest news and insights from shipping & ports.
Volkswagen Group has agreed to sell a 51 percent stake in Everllence, the rebranded MAN Energy Solutions, to private equity firm Bain Capital in a leveraged buyout expected to generate proceeds of approximately US$8.4 bi…
A wave of new marine energy storage system launches and partnerships is addressing the two most persistent barriers to vessel electrification, high upfront capital expenditure and lengthy installation timescales, with de…
The International Marine Contractors Association has issued an urgent reminder to vessel owners and operators about the significant safety risks associated with underwater ship husbandry operations as approximately 600 v…
Phoenix International Holdings has successfully completed an emergency underwater repair operation on a foreign-flagged bulk carrier that ran aground in the Gulf of America, mobilising a team of commercial divers to Pasc…
Around 250 to 280 new LNG carriers will need to be ordered by 2028 to accommodate upcoming supply growth, as the global LNG trade undergoes a structural recalibration toward long-haul voyages that is boosting tonnage dem…
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