Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year hiatus.In early January, Beijing gave permission to four government-backed firms…

Technology company ZeroNorth announced that it has acquired BTS PTE Ltd., a software platform for marine fuel suppliers, headquartered in Singapore.The deal will see ZeroNorth acquire BTS’s flagship suite of services - iBMS (Intelligent Bunker Management System)…

Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025.DOF Subsea CEO, Mons S.

Dubai-based P&O Maritime Logistics announced plans to convert one of its multi-carrying vessels (MCV) into a "zero-emissions" cable laying vessel (CLV).Set to start operations in the third quarter of 2024, the newly converted vessel will be equipped with a battery system…