Canada Promises to Increase Defense Spending, Hitting NATO Target Sooner

Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, five years earlier than promised, Prime Minister Mark Carney said on

IMO: Global Shipping Industry Gearing Up For Net-Zero Transition

IMO Secretary-General Arsenio Dominguez emphasized the global shipping industry's need for significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change at the Blue Economy Finance

Watson Farley & Williams Advises MPCC on Container Ship Sale

Watson Farley & Williams (WFW) advised shipping company MPC Container Ships ASA (MPCC) on its sale of seven container ships for a transaction value of US$94 million. The disposal is part of

GTCR, Manish Singh Partner to Form Maris Investments

GTCR, a private equity firm,  announced that it has entered into a partnership with maritime industry leader Manish Singh to form Maris Investments, LLC (Maris). Maris will seek to acquire companies in

Four Missing as Singapore Cargo Ship Catches Fire off India’s Kerala Coast

A fire onboard the Singapore-registered container ship Wan Hai 503 has erupted earlier on Monday off India’s Kerala coast, the Maritime and Port Authority of Singapore (MPA) reported, injuring several crew members

Video: ATBs Unlock Stranded Iron Ore Down Under

Australia’s unique enclosed self-discharging transhippers ensure a dust-free supply chain for the Onslow Iron project.Onslow in north Western Australia is a desert. It receives less than 10 inches of rain a year,

Norwegian Shipping Firm Expands Berg Propulsion Package Order

Skarv Shipping Solutions, a joint venture between Peak Group and Grieg Edge, has increased its order for ‘zero carbon project carriers’ from Shandong Huanghai Shipbuilding to five ships, extending its commitment to

Maritime Batteries 101: What to Consider When 'Going Green'

In the current pathway, global shipping greenhouse gas (GHG) emissions are forecast to rise in this decade and eventually return to 2010 levels by ~2050.The chart represents the three scenarios for shipping

Eni, YPF Sign Deal for Argentina LNG Project

Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project.The agreement defines the required steps to reach the final investment decision for the phase of the