The rule will apply to vessels above a gross tonnage of 5,000, which are said to account for 90% of the sector’s CO₂ emissions.
KDB and KOBC have unveiled plans to set up an advisory group for offloading the government’s holding in HMM.
The earthquake resulted in structural damage, including docks collapsing, at the port.
The investment will support the development of battery electric vessels, shoreside electrical power and wind-assisted ferries.
The partnership will strengthen Konecranes’ reach in India.
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Masters ran a yacht management company in Mallorca that assumed Tango’s operational management after Vekselberg was sanctioned.
The combined entity, which will be named OSM Thome, will have its headquarters in Arendal, Norway.
The yard will build four 7,999dwt coastal tankers for Thun Tankers, a unit of the Erik Thun Group.
This stake purchase forms part of the business’ strategy to boost capital.
15 of the 17 people on board the vessel have been evacuated.