The partnership focuses on advancing onboard carbon capture and storage technologies. The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean have entered a five-year alliance, aimed at advancing maritime decarbonisation. This collaboration will focus on alternative low-/zero carbon fuels, energy efficiency technologies, and onboard carbon capture solutions. Hanwha Ocean, part of Hanwha Group, is dedicated to building… Read More
Doha, Qatar – Qatar Gas Transport Company Q.P.S.C. (Nakilat), a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024 ended 30 September 2024.The company achieved a net profit of QAR 1.28 billion. This represents an increase of 7.2% compared to the same period in 2023, showcasing Nakilat’s… Read More
Cosco Shipping Energy Transportation is to consolidate its parent company’s chemical product supply chain assets, strengthening its position in global chemical logistics market. Cosco Shipping Energy Transportation will bring the chemical shipping and supply chain assets of parent Cosco Shipping into its business. The newly set up Dalian Cosco Shipping Energy Transportation Supply Chain Company will merge together Cosco… Read More
Agreement plans for the production of up to 100,000 tonnes of biomethane per year between now and 2030. CMA CGM Group and Suez, a world leader in circular waste management solutions, signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise… Read More
Seatrium Limited (Seatrium, or the Group) is pleased to announce that it has secured multiple contracts for repairs and upgrades, with a total value of S$100 million from various long-standing partners and regular customers. These projects will set to be completed by Q12025, further strengthening Seatrium’s position as a market leader in vessel repairs, upgrades… Read More