South Korean logistics company Hyundai Merchant Marine has signed a memorandum of understanding (MoU) with intra-Asia trade carriers Heung-A Shipping and Sinokor Merchant Marine in order to develop a new HMM + K2 consortium.
Norwegian company OceanSaver has secured a final type approval certificate from the US Armed Forces’ division, US Coast Guard (USCG), for being first ballast water treatment system supplier that uses electrochlorination.
South Korean shipbuilding company Daewoo Shipbuilding and Marian Engineering (DSME) has signed an agreement with Iran’s Industrial Development and Renovation Organisation (IDRO) to boost the shipbuilding industry in the Middle East country.
MOL LNG Transport Europe has signed a maintenance agreement with Finnish manufacturing company Wärtsilä in order to enhance operational safety and predictability for two of its liquefied natural gas (LNG) carriers.
US-based marine propulsion company Mercury Marine has entered into an exclusive distribution agreement with Supratechnic to expand and develop Mercury Marine’s regional distribution channel in Southeast Asia.