London, UK — In a major international push to cut shipping emissions, global clean infrastructure developer NatPower Marine and leading Asian shipowner Wah Kwong Maritime Transport have launched a groundbreaking joint venture. Together, they are set to build and operate a dedicated network of electric shore power, transforming major ports across Asia into hubs of sustainability. The new… Read More
MOBILE, Ala. – Austal USA and Master Boat Builders, Inc. (“Master Boat”) today announced they have entered into a memorandum of understanding (“MOU”) establishing a strategic outsourcing partnership designed to expand U.S. shipbuilding capacity by increasing the ability of proven, regional shipyards to take on large, complex programs for the U.S. government. The agreement reflects a… Read More
Terberg Special Vehicles is pleased to announce the acquisition of KCL Lifttrucks Ltd., a well-established provider of material handling and port equipment solutions with sales in assigned territories across Asia Pacific. KCL Lifttrucks with headquarters in Hong Kong has been a distributor of Terberg terminal tractors since 2019. The company will operate under the name Terberg… Read More
Today, Ørsted A/S held an extraordinary general meeting, where the following decisions were adopted: The proposed authorisation for the Board of Directors to increase Ørsted A/S’s share capital with pre-emptive rights for the existing shareholders was approved. The existing authorisation for the Board of Directors to increase Ørsted A/S’s share capital without pre-emptive rights for… Read More
Following lower-than-normal offshore wind speeds during July and August, Ørsted has adjusted its full-year 2025 EBITDA guidance excluding new partnerships and cancellation fees of DKK 24 billion to DKK 27 billion, compared to its previous guidance of DKK 25 billion to DKK 28 billion. Gross investments guidance for the full-year 2025 of DKK 50 billion… Read More
