Star Bulk Carriers Corp. on Tuesday announced that it has completed its merger with fellow dry bulk shipping company Eagle Bulk Shipping Inc.Eagle Bulk shareholders this week voted to approve the $2.1 billion deal, which was first announced in December 2023.Under the terms of the merger agreement, each Eagle shareholder received 2.
Maersk on Wednesday announced it had entered into the shipping industry's first large-scale agreement for green methanol from China's Goldwind, and said production of green methanol was high on the political agenda in China.Shipping industry leader Maersk is investing in green fuels to power its fleet as it strives to reach net-zero emissions by 2040, while the shipping industry
Maersk's first-of-its-kind methanol dual-fuel containership made history on July 16 when it became the first to bunker methanol.The newly built vessel bunkered 1,000 metric tonnes of the cleaner burning fuel at Odfjell Terminals Korea in Ulsan before embarking on its 21,500-kilometer maiden voyage toward Copenhagen, where she will be officially named in September.
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed new, including University of Michigan, Maritime Research Alliance, Norwegian University of Science and Technology (NTNU) and World Maritime University, in a move to foster interdisciplinary collaboration between industry and academia.
Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe.IWS Fleet will, under the agreement
Experts to convene in Poland to examine operational and geopolitical challenges in Baltic Sea at Littoral OpTech WorkshopThe Polish Naval Academy in Gdynia, Poland will host the 2024 Littoral OpTech workshop to explore the current trends regarding the operational, economic and geo-political environment in and around the Baltic Sea.
Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer, Offshore Oil Services, Inc.
Sanmar’s Altinova Shipyard held a christening ceremony last Saturday for a powerful new harbour tug destined to work for German operator H. Schramm Towage.Lara König, took on the honorary role of godmother to the new tug, which is named Bo after her two-year-old son, who is the godchild of SCHRAMM group owner Hans-Helmut Schramm.
Every day, nearly 60 fully loaded very large crude-oil carriers sail between the Persian Gulf and Chinese ports, carrying about half of the oil that powers the world's second-largest economy.As the vessels enter the South China Sea, they ply waters increasingly controlled by China's growing military
The long-standing cooperation between Åbo Akademi and Meyer Turku has been further strengthened with the signing of a partnership agreement.The agreement period is five years and the focus lies initially on Åbo Akademi's Faculty of Natural Sciences and Technology and Meyer Turku's Business Finland funded green transition program NEcOLEAP.
Maritime software provider Sea and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalized their collaboration by signing a Knowledge Partnership Agreement. With the agreement, Sea and the Center become official partners, committing to a long-term strategic collaboration and contribution to accelerate the decarbonization of the maritime industry.