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Making Waves

All the latest news and analysis of What's Hot and What's New and Who's Making Waves

Wärtsilä to Increase Biogas Expertise with Acquisition of Puregas Solutions

Wärtsilä has reached an agreement to acquire Puregas Solutions, the Sweden based provider of turnkey biogas upgrading solutions. Puregas is a leading player in...

India’s First Crude Oil Shipment from the US Arrives at Paradip Port

Indian Oil Corporation (IOC) has stated that it received its first US crude oil cargo of 1.6 million barrels recently. According to IOC, the...

Navigare in Maiden Ultramax deal

Denmark-based maritime investment firm, Navigare has clinched its first ultramax deal by acquiring Chinese-built Ultramer from Primerose Shipping of Greece. According to market sources,...

Google and Rolls Royce Sign Deal for Autonomous Vessels

The shipping industry is seeing a wave of technological innovations. In the wake of this, Rolls-Royce and Google have signed a deal to jointly develop...

Digital Platform for Global Freight Market – ShipNEXT, Launched

In a bid to facilitate seamless and accurate matching of cargo with ships, ShipNEXT, which is an initiative of Ukranian maritime magnate, Alexander Varvarenko,...

Norway to Set Up Another Test Area for Autonomous Vessels

In a move to provide a bigger platform for the testing of autonomous vessels, the Norwegian Maritime Authority has revealed plans to establish a test...

MOL Names World’s Largest FSRU

Mitsui O.S.K. Lines (MOL) has named the world's largest FSRU, the MOL FSRU Challenger, at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering in...

First Ever Converted FLNG Vessel Ready for Marine Commissioning

Hilli Episeyo, the world’s first converted floating liquefaction (FLNG) vessel is now ready for marine commissioning, stated owner and operator of LNG carriers Golar...

Palau International Ship Registry Increases Fleet Size

The Palau International Ship Registry (PISR) has seen a marked increase in the number of vessels under the its flag. In September 2017, the Palau...

Yara Birkeland to be World’s First Electric and Autonomous Containership

Yara Birkeland, the world's first electric and autonomous container ship, has been granted NOK 133.6 million by the Norwegian government enterprise Enova. In May, Yara...