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Foreship makes key project management appointment to drive cruise ship and ferry refurbishment business

Leading naval architecture and marine engineering consultancy Foreship has appointed Brendan Harris as Director, Project Management Services, Foreship LLC, in a clear signal of its strategy to grow the company’s US-based business activities. Harris will be based at Foreship’s Seattle offices and take responsibility for driving regional growth in the group’s project management of ship …

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NIBC’s Shipping business delivered strong H1 results, showing that our chosen strategy is paying off

NIBC looks back at a successful first half year, realising a 25% growth of the shipping portfolio to EUR 1.143 billion. NIBC Shipping financed maritime assets for new and existing clients in various countries and segments, following a through-the-cycle approach, with financings between EUR 10 million and EUR 45 million. Over the past six months, …

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CMT introduces a revolutionary, future-proof circular process!

Circular Maritime Technologies International (CMT) introduces a revolutionary and future-proof circular process for the ship breaking industry. CMT is born out of the necessity and urgency of providing a solution to the problem of ship scrapping, which continues to pose risks to people’s health and the environment. We strongly believe that the technology that we …

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Windward Signs Three Swiss Commodity Traders to Enhance Compliance and Due Diligence Processes

Windward (LSE: WNWD), the leading Maritime AI™ company, announced today that it has signed agreements with three Swiss commodity trading companies. The companies, involved in the trading of oil and gas, petrochemicals, bulk products, fertilizers, and soft commodities, will use Windward’s platform to enhance due diligence and vessel screening processes, and to mitigate trade and …

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‘A game changer for Europe’: EC reveals plan for €3 billion hydrogen bank

In a move to tackle the energy crisis and climate change, President of the European Commission (EC) Ursula von Der Leyen has announced the creation of a new European Hydrogen Bank aimed at bridging the investment gap and connecting future supply and demand. President of the European Commission Ursula von der Leyen. Source: European Commission The …

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New gig for Stena drillship off Gabon

Offshore drilling contractor Stena Drilling has secured a new drilling contract from CNOOC for operations offshore Gabon. Stena Drilling disclosed on Friday that it has signed a new contract with CNOOC’s affiliate in Africa, CNOOC Africa Holding, for the Stena IceMAX drillship. This deal entails a two-well programme, which is scheduled for the first quarter …

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