Danish shipping giant A. P. Moller – Maersk has signed an agreement with Saudi Ports Authority (Mawani) to set up an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia.
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The renewable methane has a “vast” potential to replace fossil fuel in ships and can achieve up to 80 per cent of greenhouse gas (GHG) reduction, a new report showed.
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Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a contract for two batches of newbuilding contracts for a series of eco-friendly Kamsarmax vessels with Chinese Hantong Shipyard.
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Nordic energy company Gasum has bunkered liquefied biogas (LBG) for the first time to an offshore supply vessel (OSV) owned by Swedish oil firm Lundin Energy.
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Canadian methanol producer and supplier Methanex Corporation and Japanese shipping firm Mitsui O.S.K. Lines (MOL) have concluded definitive agreements for MOL to acquire 40 per cent stake in Methanex’s subsidiary Waterfront Shipping (WFS).
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