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New handymax vessel for Nova Marine Carriers


New entry for the Nova Marine Carriers fleet. The Lugano-based group, controlled by the Romeo and Gozzi/Bolfo families, has taken delivery of a new 38,593 dwt handymax vessel in Shanghai. The vessel,…

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Baltic index rises on higher freight activity, fewer ships


The Baltic Exchange’s dry bulk sea freight index climbed on Wednesday, as rates across ship segments rose amid increased freight activity and some vessel shortages. The overall index, which factors…

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ESL Shipping commits to set science-based targets for GHG emissions reductions


ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic Sea region, has joined the Science Based Targets initiative  and committed to setting both near-term and long-term company-wide…

PETRONAS awards seven new PSCs under Malaysia bid round 2023, and launches Malaysia bid round 2024


PETRONAS awarded Production Sharing Contracts  for six exploration blocks and one Discovered Resource Opportunities  cluster marketed under the Malaysia Bid Round 2023 , expected to garner more than…

Ørsted acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation


Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to…

McDermott and Baker Hughes safely complete Subsea Infrastructure in Northern Australia


McDermott, a premier engineering and construction company, and Baker Hughes, an energy technology company,  announced the safe completion of the installation of subsea infrastructure at the Ichthys…

ABB acquire weather routing business to expand marine software portfolio


ABB to expand offering to vessel weather routing, analytics, reporting and shore-based support through the acquisition of the shipping business of DTN Europe BV and DTN Philippines Inc. DTN shipping…

Trustworthy AI can Reinvent companies and help resolve global challenges


“Vague but exciting.” The words were the understatement of the 20th century, scribbled on the margins of Tim Berners-Lee’s famous 1989 paper in which he effectively invented the World Wide Web. In…

Sierra Space advances its revolutionary commercial space station technology


Company is Accelerating the Introduction of Commercial Microgravity Research and Production Facilities in Space to Benefit Life on Earth First Full-Scale Structural Test Milestone for Expandable…

T-Mobile selects Nokia to improve scalability and efficiency for 5G High Speed Internet service


T-Mobile selects Nokia’s Multi-Access Gateway solution for its market-leading High-Speed Internet service to Broadband customers T-Mobile will deploy Nokia solution to enhance capacity, scalability…

Gilat awarded $17 Million by Pronatel for expansion of Regional Telecommunications Project in Peru


Network expansion and 10 years of services to address the growing needs for internet in additional parts of the Amazonas region Gilat Satellite Networks, a worldwide leader in satellite networking…

Mage Networks signs Memorandum of Understanding for Telesat Lightspeed Services


Mage Networks plans to leverage Telesat Lightspeed to expand broadband internet services to unserved and underserved communities in Canada Telesat, one of the world’s largest and most…

Sierra Space awarded $740M prime contract by Space Development Agency


Company to Build 18 Satellites for Missile Warning and Defense to Protect U.S. National Security Second Major Prime National Security Award for Sierra Space, Grows Backlog to ~$1.3B for Classified…

AST SpaceMobile secures strategic investment from AT&T, Google and Vodafone


Investment and strategic agreements accelerate AST SpaceMobile's mission to close the global connectivity gap by bringing 5G broadband service from space to billions of people worldwide $206.5…

Nokia selected by DARPA design communications services infrastructure framework for future lunar economy


Nokia’s research arm, Nokia Bell Labs, was one of only 14 organizations picked to participate in DARPA’s LunA-10 Capability Study The selection demonstrates Nokia Bell Labs’ expertise in future…

Updated documentation and cryptographic material in preparation for the Galileo OSNMA Initial Service provision phase


The European Union Agency for the Space Programme (EUSPA) together with the European Commission have published an updated version of the Galileo Open Service Navigation Message Authentication OSNMA…