Yemen's Houthis said early on Sunday that they had conducted a joint military operation with the Islamic Resistance in Iraq militant group, targeting four ships at Israel's northern Haifa port.The Houthi military spokesperson, Yahya Saree, said in a televised statement that the two groups launched a drone attack on two cement tankers and two cargo ships at the Haifa port on Saturday.
Deutsche Bank has set emissions reduction targets for loans to clients in the coal mining, cement and shipping sectors and now has a net-zero plan for 55% of its financed emissions, its chief sustainability officer told Reuters.A key funder to polluting sectors, Germany's biggest lender, like many of its peers
Norden has entered into an agreement to acquire Norwegian dry bulk operator Norlat Shipping, which specializes in the shipment of forest products and other bulk commodities.The acquisition, whose value was not disclosed, is subject to merger clearance.The acquisition will be Norden's second, following the mid-2023 acquisition of the activities of Thorco Projects
Italian shipbuilder Fincantieri has signed contracts with shipowner Viking for the construction of two new cruise ships.Under the shipbuilding contracts, worth between $500 million and $1.07 billion, the cruise ships will be delivered in 2028 and 2029.The new ships will be built according to the latest environmental rules and navigation regulations and will be equipped with the most modern
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector.The SGX Catalist-listed specialist in total mooring solutions catering to the renewable sector has been granted an option to purchase 60 Shipyard Crescent
AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore wind industry has exploded and Prysmian has secured more contracts
Wallenius Wilhelmsen has signed a 20-year lease agreement with the Georgia Ports Authority (GPA), with options up to 30 years for Brunswick port expansion, increasing its strategic terminal and processing networkUpgraded and enlarged Brunswick facilities will further expand the scope and scale of U.S. Southeast operations of Wallenius Wilhelmsen, which is the world's largest RoRo vessel operator.
Eureka Shipping announced it has ordered a new cement carrier from Holland Shipyard Group in the Netherlands for scheduled for delivery in 2025.Eureka Shipping, jointly owned by SMT Shipping and The CSL Group, said the 12,500 dwt mechanical/pneumatic cement ship will replace two older vessels in the Great Lakes region while maintaining the same cargo capacity for operations.
Canadian shipping company CSL announced it is partnering with Adelaide Brighton Cement Ltd. (Adbri) to build and operate the world’s first fully electric battery capable self-unloading vessel.Under a 20-year strategic partnership agreement, the custom-designed ship will replace Adbri’s Accolade II and will support the company’s limestone operations in South Australia with a focus on enhanced
U.K. shipbuilder Cammell Laird has been awarded a contract to construct the first new Mersey ferry in 60 years.The Birkenhead facility, part of the APCL group, signed a deal with the Liverpool City Region Combined Authority to design and build the vessel on-site for a target delivery date of the end of 2025.
Carbon capture and storage has emerged as flashpoint at the UN climate conference in Dubai about how big a role it is destined to play in reaching the target of net zero emissions.It has also prompted an unusual and bad-tempered confrontation between senior officials at the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC).
Cadeler A/S published its interim financial report for the first half of 2023 presenting a positive result exceeding the guidance projected for the fiscal year 2023. Revenue in the first six months of 2023 was EUR 68 million, which is an increase of 57% against the same period last year.