Search results for: TECO 2030

2195 results

A list of search results

  • 11 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.

  • 9 November 2023
    Business Developments & Projects, Vessels

    Danish shipping company TORM has entered into an agreement to acquire a total of eight eco LR2 tankers, as part of its fleet expansion efforts.

  • 13 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The Hydrotug 1, the world’s first hydrogen-powered tugboat, has been launched and is now ready to start operations in the Port of Antwerp-Bruges. The port ordered the tug in 2019 from Antwerp-based Compagnie Maritime Belge (CMB) as part of its strategy of becoming a climate-neutral port by 2050. “The Hydrotug 1 is the world’s largest hydrogen-powered […]

  • 24 October 2023

    Houston-based marine robotics company Ocean Infinity has taken delivery of its sixth out of eight new high-tech, ammonia-ready Armada vessels.

  • 18 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

     Japanese shipping company Kawasaki Kisen Kaisha (K Line) has embarked on an interesting fleet expansion move in the bulk shipping sector. Namely, K Line has inked a contract with compatriot shipbuilder Nihon Shipyard, a joint venture between Japan Marine United Corporation (JMU) and Imabari Shipbuilding, for the construction of three methanol-ready post-Panamax bulkers. The 92,000 vessels […]

  • 20 December 2023
    Business Developments & Projects, Research & Development, Vessels

    Classification society ABS has joined hands with Garden Reach Shipbuilders and Engineers (GRSE), Seatech Solutions International and Shift Clean Energy to work on the development of electric tugboats for the Indian market.

  • 4 January 2024
    Business Developments & Projects, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Transition

    The Port of Trelleborg has inked a deal with German wind power company ENERCON for the construction of two 120-meter-high wind turbines. This move aligns with the port’s ambitious plan to become a major energy hub, ensuring self-sufficiency in energy production for its future needs, including shore power for vessels. As Scandinavia’s largest RoRo port […]

  • 13 November 2023
    Certification & Classification, Equipment

    Classification society Lloyd’s Register (LR) has awarded a type approval to BeHydro, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC), for its hydrogen-powered dual-fuel engine.

  • 15 September 2023
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Equipment, Innovation, Project & Tenders, Transition

    Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and weak wording about phasing out fossil fuels.

  • 6 September 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million […]

  • 1 February 2024
    Business Developments & Projects, Infrastructure, Vessels

    The Netherlands-based shortsea ship operator and logistics company Longship has entered a joint newbuilding project with Norway’s shipbroker Wagle Chartering for two general cargo ships.

  • 3 November 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    The first electric tugs in SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, passed the final sea acceptance trials and bollard pull tests in Istanbul’s Tuzla Bay, Chile-based tug provider said. At full capacity, the new ElectRA 2300SX units, designed by Canada-based Robert Allan Ltd., are expected to reduce their annual greenhouse gas emissions by […]

  • 16 October 2023
    Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Global fashion giant Inditex, the parent company of renowned brands like Zara and Massimo Dutti, has joined forces with Maersk to reduce its carbon footprint in global seaborne logistics. The partnership aims to incorporate alternative, eco-friendly fuels into all inbound routes through Maersk’s ECO Delivery Ocean program featuring green methanol and second-generation biodiesel produced from […]

  • 22 November 2023

    Singapore-based shipping company Ocean Network Express (ONE) has placed an order for twelve new methanol dual-fuel contanerships.

  • 24 August 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels, Vision

    The carbon capture, transportation, and storage (CCTS) market is developing slower than expected, according to Oslo-listed Hunter Group, which has pinned the responsibility for the trend onto technical hurdles and cost challenges. The company is using its experience from the gas and tanker industry to develop a ship design for liquified CO2 carriers and is […]

  • 24 August 2023
    Business Developments & Projects, Ports & Logistics

    The Saudi Ports Authority (Mawani) has reached a partnership deal with Port of Rotterdam to collaborate in the areas of smart ports, human capital development, knowledge transfer and commercial opportunities.

  • 19 October 2023

    The global shipping industry is undergoing a profound transformation, and it’s not just about what fuel vessels burn. In a recent panel hosted by the Global Maritime Forum that brought together influential figures from the sector, including Michael Parker, Chairman of the Poseidon Principles, General Manager of Euronav, Michail Malliaros and Vineet Mittal, Chairman of […]

  • 31 January 2024
    Business Developments & Projects, Green Marine, Innovation, Research & Development

    Japanese maritime leaders Idemitsu Tanker Co., Iino Kaiun Kaisha, Nippon Yusen Kabushiki Kaisha (NYK), and Nippon Shipyard Co. have joined forces to create a consortium to design and build a low-emission Very Large Crude Carrier (VLCC). The consortium is targeting up to 40% reduction in greenhouse gas emissions for the Malacca Max-type VLCC when compared […]

  • 6 February 2024
    Business Developments & Projects, Infrastructure, Vessels

    Germany-based family-owned shipping company GEFO has decided to invest ‘a three-digit million amount’ in ten new 3,850 dwt tankers.

  • 23 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of a deal with Euronav’s biggest shareholder […]

  • 15 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    Norwegian tanker major Frontline has agreed to sell its five oldest very large crude carriers (VLCCs), aligning with the company’s strategy of having only eco-friendly vessels in its fleet.

  • 9 February 2024
    Exploration & Production, Vessels

    Finnish mechanical sail company Norsepower Oy and French shipowner Louis Dreyfus Armateurs SAS (LDA) have signed a deal to fit Norsepower’s rotor sails on the new low-emission RoRo fleet to be chartered to Airbus.

  • 21 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    China marked a milestone on August 17 with the successful launch of its first-ever methanol dual-fuel container ship at New Dayang Shipbuilding Company, a subsidiary of SUMEC Shipbuilding. The vessel, christened Eco Maestro, is the first among 14 methanol-powered ships on order for Singapore-based X-Press Feeders. Anticipated to commence service in the second quarter of […]

  • 21 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vision

    Greek cable manufacturer Hellenic Cables has joined a Horizon 2020 EU-funded project that aims to develop a one-stop solution in a multi-use platform (MUP) that will produce electricity and freshwater using wind and wave power for small islands. The MUSICA project will provide a full suite of Blue Growth solutions for a small Greek island including […]

  • 25 January 2024
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Houston-based marine robotics company Ocean Infinity has taken delivery of the last in a series of eight new high-tech, ammonia-ready Armada vessels. The vessel NB 941 was delivered by Vard Vung Tau in Vietnam on January 24. Vard received a contract to design and build these highly advanced, 78-meter vessels in November 2020. The units […]