German dry bulk operator Oldendorff Carriers has continued with the expansion of its fleet through several deals made with Japanese partners.
Algoma Central Corporation has entered into a contract with Yangzijiang Shipyard in Taicang City, China to build a new Seaway-Max self-unloading vessel for its domestic dry-bulk fleet. According to the Canadian shipping company, the vessel will be the first of the new Equinox 2.0 Class, a design tha
IMO’s working group has agreed on a set of draft guidelines to support mandatory measures approved by the Marine Environment Protection Committee (MEPC) to cut the carbon footprint of all ships.
ZeroLab, Torvald Klaveness’ subsidiary dedicated to the decarbonization of seaborne supply chains, has partnered with Dutch company GoodShipping, to offer all charterers the opportunity to compensate for their shipping-related emissions through insetting.
There needs to be a greater sense of urgency among global governments in relation to the adoption of policies that would accelerate decarbonization in the shipping sector, the head of the world’s largest container shipping company believes. “Business is ahead of governments on this agenda,” Soren Sk
Tanker owner and operator Frontline has appointed classification society DNV to assist the company through its decarbonization journey towards IMO 2030- 2050. The project, launched last year, is aimed at providing Frontline with a solid understanding of its options, and the ways of further optimizin
Finland-based technology group Wärtsilä is embarking on a project to develop and demonstrate an autonomous, zero-emission barge for the Rotterdam Port Authority. The endeavor is part of a research project, nicknamed sMArt Green Ports as Integrated Efficient multimodal hubs (MAGPIE), which was borne
Stena Line’s first new extended E-Flexer ferry has been launched at the CMI Jinling Weihai Shipyard in China. The Ro-Pax vessel, whose name is yet to be revealed, took to the water for the first time on 24 May. The vessel was ordered in 2018 and the delivery is expected in 2022. The ferry is the [&h
In order to achieve climate neutrality by 2050, Estonian Port of Tallinn will have to ensure that all ships moored at the port switch to green electricity or to alternative, more environmentally friendly fuels, a new report shows.
Shipping is one of the few transport modes that does not achieve zero emissions in the Net‐Zero Emissions by 2050 Scenario, released by the International Energy Agency (IEA). The agency ascribed this to a lack of available low‐carbon options on the market and the long lifetime of vessels (typically
Swedish company Lean Marine has been contracted to install its propulsion optimization technology across the tanker fleet of Ardmore Shipping Corporation.
Singapore-based company GILLS PTE has been granted Approval in Principle (AiP) for GILLS Air Lubrication System by the classification society Bureau Veritas.
Swedish-based Alfa Laval will acquire StormGeo, a Bergen-based developer of weather intelligence software and decision support services, as part of a push to accelerate its digital services offering and decarbonization tools portfolio. The purchase price amounts to approximately MNOK 3,630 ( $442 mi
Japan’s Mitsui O.S.K. Lines (MOL) has teamed up with Mitsui E&S Machinery to launch a joint study to introduce hydrogen fuel port cargo handling machinery. As part of this agreement, MOL’s company Shosen Koun Co. has signed a contract for a new near zero-emission (NZE) rubber-tired gantry (RTG) cont
