Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) has received orders worth $2.72 billion for eight ships including LNG carriers from the Greek shipping company Maran Gas.

Tug services provider SAAM Towage Canada has signed a strategic alliance agreement with Coast Tsimshian Enterprises, a 100% indigenous-owned collaborative undertaking between Lax Kw’alaams and Metlakatla First Nation.

The Ship It Zero coalition welcomed a new zero-emission cargo ship design unveiled by Energy Observer and called on big retailers to use this moment to move their business to ocean shipping carriers that can offer zero-emission shipping solutions.

Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.