Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens, the country's gas grid operator said on Thursday.Greece has relied…
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SAAM Towage Adds New Tug in Panama
SAAM Towage announced it will receive a new tug for its fleet in Panama, the SAAM Quibian, purchased from Türkiye-based Sanmar Shipyards.SAAM Towage’s Technical Manager Pablo Cáceres explained that “this tug’s equipment has been specially selected to r...
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Crowley, Berge Bulk Back Onboard Carbon Capture Firm Carbon Ridge
Carbon Ridge, Inc., a developer of modular onboard carbon capture and storage solutions (OCCS) for decarbonizing the maritime industry, has raised $6 million in funding led by the Grantham Foundation for the Protection of the Environment, with addition...
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Electrical Failure Led to Collision-causing Steering Loss -NTSB
A vessel’s loss of steering led to an estimated $6 million in damages when it contacted a barge near New Orleans, the National Transportation Safety Board (NTSB) said Thursday.On July 12, 2021, the bulk carrier Jalma Topic was transiting upriver…
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Furetank Orders Two More Dual-fuel Tankers
Sweden-based Furetank announced it has signed a contract for two more dual-fuel tankers. The two 17,999 dwt vessels are scheduled to be delivered from the China Merchants Jinling Shipyard in Yangzhou in fall 2024 and spring 2025.The order marks…
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Shenghong Petrochemical Preps Terminal for Super Tankers
Chinese refiner Shenghong Petrochemical Corp, part of the listed Jiangsu Eastern Shenghong Co 000301.SZ, has readied a new terminal to receive Very Large Crude Carriers and boost the refiner's logistics efficiency, a company representative said.
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Digitalization: Palantir Inks $20m Deal with Hyundai Heavy Industries
Palantir Technologies signed a deal valued at $20 million over five years to expand its partnership with South Korea's Hyundai Heavy Industries Group, one of the world's largest shipbuilding conglomerates. The conglomerate's shipbuilding affiliates…
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Incoming Shell Boss Aims Fire up Renewables Drive
Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible "transformative" clean power acquisition, company and industry sources said.Sawan will from…
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Two Binding Bids for Greek Port
Greece received two binding bids for a majority stake in its northern port of Alexandroupolis, the country's privatizations agency HRADF said.The bidders for a 67% stake in the port were Quintana Infrastructure and Development through Liberty Port Hold...
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Venezuela Arrests ‘Fat Leonard’ Contractor in US Navy Bribery Case
Venezuelan police have arrested a fugitive Malaysian businessman nicknamed 'Fat Leonard' who is at the center of a major U.S. Navy bribery scandal, as he prepared to leave the country for Russia, Venezuelan Interpol said.Leonard Glenn Francis…
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