Ever Act, the sister vessel of one of the world’s largest containerships Ever Ace owned by Taiwanese shipping company Evergreen Marine, has successfully transited the Suez Canal, the canal’s authority revealed.
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ABB Turbocharging, a division of Swiss engineering group ABB, has received a contract to supply turbochargers for six new 174,000 cbm liquefied natural gas (LNG) carriers which will be chartered by oil and gas major Shell.
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Danish shipping major A.P. Moller – Maersk has made an investment in Vertoro, a Dutch start-up focused on developing liquid lignin technology which can be used as a marine fuel.
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Japan’s shipping company Mitsui & Co., Ltd. has signed a time charter agreement with compatriot firm IINO Kaiun Kaisha for a 23,000 cbm ammonia fuel-ready ammonia carrier.
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Singapore-based venture capital firms IMC Ventures and Signal Ventures, together with corporate arm of Japanese shipping heavyweight Mitsui O.S.K. Lines, Ltd. (MOL), MOL PLUS have decided to invest in the Motion Ventures Fund established by a Singapore…
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