Belgian oil tanker group CMB.TECH has signed an agreement with Mitsui O.S.K. Lines (MOL) and MOL Chemical Tankers (MOLCT) for nine ammonia-powered vessels.The vessels will be among the world's first ammonia-powered Newcastlemax bulk carriers and chemical tankers. The delivery of these ships is expected between 2026 and 2029.The landmark agreement between MOL/MOLCT, and CMB.
In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade, accused of shipping 2.7 metric tonnes of cocaine from Brazil aboard a 22-meter vessel apprehended near Spain’s Canary Islands.
A joint venture between Jan De Nul and DEME has signed a letter of award with Indian engineering and construction company ITD Cementation for dredging and reclamation works in Vadhavan Port during a Belgian economic mission to India.The project includes nearshore reclamation and shore protection for the greenfield port, which is located on India’s west coast in Maharashtra.
Belgian oil tanker group CMB.TECH has entered into a share purchase agreement with Hemen for the acquisition of its stake in dry bulk shipping company Golden Ocean.The acquisition agreement is for 81,363,730 shares in Golden Ocean Group, representing ca. 40.8% of Golden Ocean’s outstanding shares and votes which includes all Golden Ocean shares controlled by Hemen, at a price of $14.49 per share.
Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being developed by ESB and Red Rock Renewables as equal joint owners, recently reached financial close and is now progressing into construction.
Belgian oil tanker group CMB Tech said on Thursday its profit sunk 76% in the fourth quarter amidst slow tanker and dry bulk markets, although it still beat market expectations aided by the disposal of some older vessels.The group, formed after Euronav's takeover of Compagnie Maritime Belge last year, reported a net gain of $0.48 per share for the final quarter of 2024, compared to $2.
Belgian company DEME Group was the sole firm to bid in the Argentine government's tender for a major maintenance contract for the Parana waterway, a key route for grains transport, the government said on Wednesday.The bid could mark a major shakeup in dredging the river, part of a route from inland areas of Paraguay, Bolivia and southern Brazil out to sea.
Belgian oil tanker company CMB.TECH has soled three Suezmax vessels to Bocimar International, a wholly owned subsidiary of CMB.The Suezmax vessels include Selena (2007, 150,205 dwt) Cap Victor (2007, 158,853 dwt) and Cap Felix (2008, 158,765 dwt).The sale will generate a capital gain of $70.9 million, and the vessels will be delivered to their new owner in December 2024, CMB.TECH said.
Damen Shipyards has delivered six RSD Tugs 2513 to the Port of Antwerp-Bruges in Belgium, including the first fully electric tug that will operate in a European port.The delivery consists of five RSD Tugs 2513 and one RSD-E Tug 2513.With its fully electric propulsion, the RSD-E Tug 2513 paves the way to zero emission operations.
JERA’s Parkwind has installed a vessels charging system, supplied by UK-based MJR Power & Automation, at its Noblewind offshore wind farm in the Belgian North Sea.The boat charging station system at sea has been designed to minimize greenhouse gas emissions from maintenance vessels and promote sustainable operations.
Today, a 'world first' was unveiled in the Port of Antwerp-Bruges: the Methatug, a tugboat which runs on methanol, part of a 'greening program' for the port's fleet. The project is financed by the European research program Horizon 2020 and is part of the FASTWATER project, which aims to demonstrate the feasibility of methanol as a sustainable fuel for the shipping industry.
Damen Shipyards has launched the second of its fully electric RSD-E Tugs 2513 at Damen Song Cam Shipyard.The tug is being built for the Port of Antwerp-Bruges, together with five conventional RSD Tugs 2513.When delivered later this year, it will be the first fully electric tug to operate in European waters.