New Japanese shareholders take their stake in Eneti
Following the $600m Seajacks International takeover deal, Marubeni, INCJ and Mitsui OSK Lines have received their Eneti shares
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August 2021
US customs OKs construction plans in first floating wind ruling
Customs and Border Patrol rules that New England Aqua Ventus can use non-Jones Act barges since no ‘merchandise’ is being moved on them
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Ship Owners Move for More Bulkers
Investment appetite for more dry bulk carriers has been rather high of late, thanks to a renewed rally in the dry bulk market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, it was a very interesting 2-week …
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The consumer demand recovery and lasting effects of COVID-19
The pandemic led to an unprecedented consumption shock across countries that upended long-standing consumer habits. But what happens once the pandemic is over? Consumer spending, a major source of economic activity, collapsed as the first wave of the p…
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A.P. Moller – Maersk accelerates fleet decarbonisation with 8 large ocean-going vessels to operate on carbon neutral methanol
In the first quarter of 2024, A.P. Moller – Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels capable of being operated on carbon neutral methanol. The vessels will be built by Hyundai Heavy Indus…