Finnish manufacturer Norsepower has signed the largest order for rotor sails, 18 units in total to install on three cargo vessels for Airbus.

China’s Nantong Xiangyu Shipbuilding and Offshore has entered into shipbuilding contracts for ten 3,850dwt tankers with GEFO Shipping.

Mitsui OSK Lines (MOL) will deploy Poland’s first (FSRU) for the LNG import terminal in the Gulf of Gdansk.

South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a contract to construct 15 LNG carriers for KRW4.57 trillion ($3.44 billion).

A joint venture between Stolt-Nielsen and NYK Line has ordered six 38,000 dwt chemical tankers at Nantong Xiangyu Shipyard in China.

There is a risk of congestion post Chinese New Year as crises in the Red Sea and Panama converge, but insurers played down a potential flashpoint in the Taiwan Strait.

Kawasaki Kisen Kaisha (K Line) has picked up charters for the third CO2 carrier from oil major-backed CO2 transport company Northern Lights shipping.

The $4.9 billion takeover of Korean shipping line HMM by Harim Group has failed after the two sides failed to reach a deal.

International Container Terminal Services, Inc (ICTSI) has won a 25-year concession to develop and operate the Iloilo Commercial Port Complex (ICPC) in Central Philippines.

South Korea shipbuilder HD Hyundai is moving forward with plans to develop small modular nuclear reactors for shipping with TerraPower, Southern Company, and Core Power.