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Yearly Archives: 2025

Oil Tanker Vessel Deliveries Plummet 74% in ’24

“In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight tonnes (DWT), joined the fleet. Compared to 2023, the capacity delivered dropped by 74%,” says Niels Rasmussen, Chief Shipping...
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Wallenius Wilhelmsen Opens its Brunswick Terminal

Wallenius Wilhelmsen has marked the official opening of its South Atlantic hub - the Brunswick terminal, Equipment Processing Center (EPC) and Vehicle Processing Center (VPC). The grand opening marks another strategic investment for the Wallenius…
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Solstad Plans Oslo Stock Exchange Listing

Norwegian vessel owner and services provider Solstad Maritime Holding has outlined plans to apply for a listing of its shares on Euronext Oslo Børs during the second quarter of 2025.The listing is in line with the company’s previously expressed…
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NOAA Satellites Helped in Rescue of 411 People in 2024

The same NOAA satellites that followed the moon’s shadow along the path of the Total Solar Eclipse and tracked Hurricanes Helene and Milton in 2024, also helped rescue 411 people from life-threatening situations in the U.S. and its surrounding…
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Sanmar Starts 2025 with Order from Ultratug Mexico

Sanmar has signed its first contract of 2025, an order for one of its Boğaçay Series tugboats to Ultratug Mexico, which operates at Lazaro Cardenas Port on Mexico’s Pacific coast.Ultratug, headquartered in Santiago, Chile, is one of the leading operato...
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Rystad Energy: No Surprises on Trump’s Day 1

Donald Trump’s first day as president saw him take action on the energy industry, but there were no surprises, says Rystad Energy’s Head of New Energies Research, Artem Abramov.“In line with his election promises, Trump declared a national energy…
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SEFE and Höegh Evi to Develop Hydrogen Supply Chains

SEFE Securing Energy for Europe and marine infrastructure provider Höegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in…
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