It was no coincidence that Maersk and Ørsted didn’t enter an actual contract on a mega project set to supply green methanol to Maersk’s ships. A binding contract won’t be signed until at least one year from now.

In order to partake in the expected growth within offshore wind turbines, Navigare Capital Partners has made a considerable investment in five vessels for servicing of offshore wind projects.

Frontline is not taking the ”moral high ground” in regards to Russia but complies with the existing sanctions. Large amounts of Russian oil are still passing through the market, said chief executive Tuesday.

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

In an open letter, two NGOs urge major container carriers to commission only new ships with CO₂-free technology and fossil-free fuels. Large majority of new orders still concern ships powered by fossil fuels, according to analyst firm.