Singapore yard group Seatrium has agreed to a BRL671 million ($134.3 million) settlement over corruption allegations in Brazil related to Operation Car Wash.
Chinese automobile manufacturer BYD is planning to put seven new car carriers into operation in the coming two years to meet the growing export demand.
The Chinese private shipbuilder, Yangzijiang Shipbuilding, has entered into a contract with Danaos Corporation for the construction of two methanol-ready 8,258 teu container ships.
CMB.TECH has announced the order of the world’s first ammonia-powered container vessel in partnership with Yara Clean Ammonia, North Sea Container Line and Yara International.
Singapore yard group Seatrium Limited is to install a full-scale 7MW carbon capture and storage (CCS) system from Wärtsilä on board the 2019-built ethylene carrier, Clipper Eris, owned by Norwegian shipowner, Solvang.