2173 results found for 'TECO 2030'

2173 results found for 'TECO 2030'
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  • Oman’s Asyad Group introduces wind-powered mega vessel

    8 May 2025
    Infrastructure, Outlook & Strategy, Transition, Vessels

    Omani shipowner Asyad Group has announced the launch of the ‘massive’ cargo vessel Sohar Max which uses wind propulsion technology to achieve environmental efficiency.

  • Norwegian duo unveils national project targeting end-of-life vessels

    4 June 2025
    Collaboration, Transition, Vessels

    Norwegian shipping player Höegh Autoliners and Nordic Circles, a compatriot company specializing in the production of sustainable solutions for the reuse and upcycling of materials from the maritime and energy sectors, have launched a national project aimed at ‘redefining’ the handling of decommissioned vessels. As disclosed, relying on domestic technology, labor and industry, the two […]

  • Navigating tomorrow: Fortescue, CMB.TECH pen deal for dual-fuel ammonia-powered bulker

    14 April 2025
    Vessels

    Australian green technology, energy, and metals company Fortescue and Belgian shipowner CMB.TECH have inked an agreement for the former to charter the latter’s new 210,000 dwt ammonia-powered dry bulk carrier. As disclosed, Fortescue and Bocimar, part of CMB.TECH, penned a contract covering the charter of a dual-fuel Newcastlemax unit that is part of a series […]

  • TUI picks Fincantieri for Marella Cruises’ first-ever newbuilds

    1 April 2025
    Infrastructure, Vessels

    German cruise company TUI AG has signed a memorandum of agreement (MoA) with Italian shipbuilder Fincantieri for the design and construction of two new eco-friendly cruise ships for the Marella Cruises brand.

  • Fugro joins Methanol Institute to steer transition to low-carbon fuels

    17 April 2025
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vision

    Dutch geo-data solutions provider Fugro has joined the Methanol Institute (MI), a global trade association for the methanol industry, in line with transitioning its fleet of geotechnical and geophysical vessels to low-carbon fuels.

  • Vinssen clinches green light for South Korea’s ‘first’ hydrogen fuel cell-powered tug

    17 March 2025
    Authorities & Government, Certification & Classification, Regulation & Policy, Technology, Vessels

    South Korea-based Vinssen, a maritime decarbonization-oriented technology provider, has bagged approval in principle (AiP) from compatriot classification society Korean Register (KR) for the country’s ‘first’ tugboat using a hydrogen fuel cell propulsion system. According to Vinssen, which primarily focuses on electric and hydrogen hybrid propulsion systems, the AiP—secured in late February this year—is a “major […]

  • South Korea’s revised certification rules to boost adoption of eco-friendly ship technology

    20 February 2025
    Authorities & Government, Certification & Classification, Regulation & Policy

    South Korean Ministry of Ocean and Fisheries (MOF) has revised its operational guidelines for the eco-friendly ship and equipment certification system to include new certification standards for environmentally forward vessel equipment. As disclosed, the new standard will be effective starting February 20, 2025. The Ministry expects the guideline’s expansion to shipboard equipment—such as onboard carbon […]

  • Onboard carbon capture technology could keep ships ahead of IMO targets, report shows

    6 May 2025
    Carbon Capture Usage & Storage, Market Outlooks, Technology, Transition, Vessels

    Incorporating carbon dioxide (CO2) captured from heavy fuel oil (HVO) combustion onboard ships into concrete production provides the highest emissions reduction—up to 60%—among all utilization pathways, a new study suggests. The Global Centre for Maritime Decarbonization (GCMD) recently performed a life cycle assessment (LCA) to explore the potential of onboard carbon capture and storage (OCCS) […]

  • HMM’s LNG-ready containership trials shore power at South Korean port

    6 January 2025
    Business Developments & Projects, Green Marine, Infrastructure, Operations & Maintenance, Ports & Logistics, Vessels

    A 13,000 TEU LNG-ready containership owned by South Korean shipping company HMM, has utilized alternative maritime power (AMP) at South Korea’s Gwangyang Port.

  • Japan consortium to seek ‘deeper’ pathways toward a carbon-neutral future

    19 May 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Collaboration, Infrastructure, Research & Development, Transition

    A consortium consisting of seventeen Japanese organizations has jointly launched a social collaboration program aimed at scientifically evaluating and standardizing the reliability of materials used in energy-related infrastructure that is needed for a carbon-neutral society. The program, named Materials for Future Energy Infrastructure Trust (MEIT), will be led by classification society ClassNK, Kobe Steel, JFE […]

  • ‘World first’ retrofit: Berge Bulk upgrades Newcastlemax bulker with energy-saving technology

    11 March 2025
    Technology, Vessels

    Singapore-based dry bulk owner Berge Bulk has completed the ‘world’s first’ retrofit installation of a front-end shaft generator on a 208,718 dwt Newcastlemax vessel, aiming for both emission reduction and energy efficiency. The vessel in question is the 299-meter-long bulk carrier Berge Dachstein. As disclosed, the Newcastlemax was equipped with the Renk Integrated Front-end Power […]

  • TotalEnergies offloading stake in Nigerian deepwater field to Shell for $510M

    29 May 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    The Nigerian subsidiaries of two energy giants, the UK-headquartered Shell and France’s TotalEnergies, have inked an agreement for the latter to divest its stake in a production sharing contract (PSC) offshore Nigeria.

  • Port of Hamburg gearing up to deploy new eco-friendly pilot vessel

    13 March 2025
    Business Developments & Projects, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Germany’s Port of Hamburg has welcomed its first of two new eco-friendly pilot ships, making a contribution to its goal of becoming climate-neutral by 2040.

  • Thyssenkrupp lands FEED deal for e-methanol plant in Finland

    6 May 2025
    Business Developments & Projects, Project & Tenders, Technology

    German chemical engineering company thyssenkrupp Uhde has secured an order to deliver front end engineering design (FEED) and its green methanol technology for an e-methanol plant in Kristinestad, Finland, set to supply maritime and e-gasoline fuel markets.

  • BIMCO: Containership orderbook skyrockets to new record high of 8.3M TEU

    9 January 2025
    Market Outlooks, Outlook & Strategy

    The global containership order book hit a new record in 2024 as the sector prepares to replace aging ships that are not compliant with new environmental regulations. On the other hand, the scrapping volumes are steadily declining, falling in the last three years well below average figures.

  • Viking takes delivery of newest future-proof cruise ship from Fincantieri

    27 June 2025
    Business Developments & Projects, Infrastructure, Vessels

    Swiss cruise line Viking has taken delivery of its newest future technology-ready ocean ship, Viking Vesta, from Italian shipbuilder Fincantieri.

  • South Korea revises electric vessel code as part of green maritime push

    30 May 2025
    Authorities & Government, Rules & Regulation, Vessels

    South Korea’s Ministry of Oceans and Fisheries (MOF) has revised the standards for electric vessels in order to facilitate further construction and adoption of units fitted with various electric propulsion solutions. According to the Ministry, there are currently around 50 electric-powered units, including hybrid vessels, in operation in South Korea. The deployment of the ships […]

  • ECSA: EU maritime strategy must bridge innovation gap, not build barriers

    19 May 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the maritime table. At a time of increasing protectionism across the globe, ECSA believes that the declaration underscores […]

  • Towing toward zero: Svitzer’s carbon insetting solution makes Australian debut with Höegh Autoliners

    8 January 2025
    Collaboration, Vessels

    Denmark-headquartered towage and marine services provider Svitzer and Höegh Autoliners, a Norwegian provider of ocean transportation services in the roll-on, roll-off (RoRo) segment, have teamed up to deliver the former’s ‘first-ever’ carbon insetting solution in Australia. As disclosed, Svitzer’s proprietary EcoTow solution is set to service the Höegh Aurora, considered to be the largest and most […]

  • Investment and infrastructure gaps threaten EU’s shipping decarbonization ambition

    20 February 2025
    Outlook & Strategy, Transition

    For Europe to meet its decarbonization objectives, a ‘robust’ supply chain for renewable and low-carbon fuels must be built on the continent, Clean Maritime Fuels Platform, an industry initiative that aims to improve communication between the shipping sector and fuel producers, has shared. As explained, smooth access to sustainable marine fuels is a top priority […]

  • MOL to acquire Dutch tank terminal operator in $1.7B deal

    11 March 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Japan’s shipping heavyweight Mitsui O.S.K. Lines (MOL) is set to purchase LBC Tank Terminals, a Dutch tank terminal operator focused on handling and storing chemical cargo in Europe and the US, in a deal worth a whopping $1.7 billion. As disclosed, the deal was signed on March 7, 2025, and is now pending regulatory approvals. […]

  • MSC books new China-built LNG dual-fuel boxships in $1.2 billion deal

    2 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Swiss container shipping giant MSC is set to invest over $1.2 billion in fleet expansion with a new order for up to six LNG dual-fuel containerships at a Chinese shipyard.

  • Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030

    19 February 2025
    Business Developments & Projects, Outlook & Strategy

    Wärtsilä has reinforced its ‘Set for 30’ decarbonization targets by committing to a new goal of reducing 25% of direct suppliers’ GHG emissions by 2030.

  • EU project picks wave energy and offshore solar among solutions for greener ports

    26 February 2025
    Business Developments & Projects, Collaboration, Environment, Exploration & Production, Innovation, Market Outlooks, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Technology, Vision

    The European Union (EU)-backed TREASURE project has selected renewable energy company SolarinBlue, Rotary Wave start-up, as well as wave energy developer Eco Wave Power among the 52 companies to address environmental challenges in Euro-MED ports. The TREASURE initiative (Testing novel environmental quality measures in and around Euro-MED ports), co-funded by the EU, launched a call for […]

  • Allseas setting the stage for pipelaying at EU’s landmark CO2 transport and storage project

    26 March 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before pipeline installation. Allseas’ purpose-built offshore construction vessel (OCV) Oceanic has been put to work for a special […]