The UK Government is launching a £60 million (approximately $64.7 million) clean maritime competition aimed at helping finance innovative projects that can facilitate the maritime sector to cut its greenhouse gas emissions. The announcement coincides with World Maritime Day, which this year focuses
Despite all the talk about the future of carbon-neutral fuels the industry is ‘bombarded with’ on a daily basis, deadlines for completion of certain projects are being pushed continuously further perpetuating the uncertainty surrounding their availability, says Rolf Haben Jensen, CEO of Hapag-Lloyd,
Finland-based ferry company Viking Line has managed to cut emissions from its vessels by 30 percent per nautical mile since 2008, the company revealed. The ferry owner and operator ascribed the success to a variety of measures, the greatest contributor being the € 450 million investment in the two c
German container shipping company Hapag-Lloyd has embarked on a massive fleet upgrade program in an effort to reduce the fleet’s CO2 emissions. The program will encompass more than 150 of the company’s vessels in the next five years.
The maritime industry is forecast to spend $931 million on artificial intelligence (AI) solutions in 2022, according to a recent report published by Lloyd’s Register in cooperation with Thetius. That figure is expected to more than double in the next five years to $2.7 billion by 2027, a compound an
French engineering company Subsea Tech has developed a new solution for the inspection and cleaning of biofouling on ships.
The International Maritime Organization (IMO) and the Norwegian Agency for Development Cooperation (Norad) have signed an agreement to kick-start a new biofouling project.
The preliminary results of a new study by Global Industry Alliance (GIA) for Maine Biosafety, an initiative addressing biofouling management, have revealed that removing slime from ships’ hulls reduces greenhouse gas emissions (GHG) emissions by up to 25%.
Norwegian tanker owner and operator Frontline has entered into an agreement to acquire six ECO-type VLCC newbuildings through resale. The six VLCCs are currently under construction at the Hyundai Heavy Industries shipyard in South Korea. The VLCCs are being bought for $565.8 million, including an es
Barnacle fouling is hugely prevalent in ship niche areas and the shipping industry needs to take steps to mitigate the impact of hard fouling in these areas, research commissioned by Swedish biotechnology company I-Tech AB found.
Denmark-based coatings supplier Hempel has provided coatings to protect Orbital Marine Power’s O2, the world’s most powerful tidal turbine.
Classification society ABS has signed an agreement with Diana Shipping Services (DSS), a subsidiary of Greek shipowner Diana Shipping, to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under DSS management.
French shipbuilder Chantiers De’l Atlantique has delivered MSC Virtuosa, MSC Cruises’ newest Meraviglia-Plus II cruise ship. As a sister ship to MSC Grandiosa, the newbuild features a length of 331 meters, a width of 43 meters and a maximum capacity of 6,300 passengers. The two Meraviglia-Plus units
The World Maritime University (WMU) is partnering with industry majors on the EU funded Horizon 2020 (H2020) research project on decarbonizing shipping. The CHEK project aims to demonstrate a combination of innovative ship design and technologies operating in symbiosis on real vessel concept designs
