Omani logistics and supply chain operator, Asyad, and Marseille-based CMA CGM Group have signed a deal to develop a new USD 400 million multipurpose logistics hub in Sohar on the country’s Gulf of Oman coast.

The partners are establishing a…

Investments in Wind Assisted Propulsion Systems are likely to become easier to assess in advance with a new Horizon Europe project. The Advanced Wind Energy System Optimisation & Monitoring for Efficiency (AWESOME) initiative will provide validated…

Australian mining giant, Fortescue, and Bocimar, CMB.TECH’s bulk carrier subsidiary, have signed an agreement for the charter of up to 12 ‘ammonia capable’ Newcastlemax bulk carriers.

Up to three of the dual-fuel ammonia vessels are likely to enter…

British maritime tech firm, BMT, and Australian shipbuilder and defence firm, Austal, have signed a strategic agreement to collaborate on commercial ship projects, providing scalable ship design and boosting engineering capacity.

The agreement,…