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Energy Efficiency & Innovation

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Emanuele Grimaldi; Image credit: Grimaldi
Energy Efficiency & Innovation

Grimaldi’s 2nd CO2-slashing multipurpose vessel delivered

The Grimaldi Group has taken delivery of its second con-ro multipurpose ship of the G5 class named the Great Lagos. The G5-class vessel was built by Hyundai Mipo Dockyard Co. Ltd. in Ulsan, South Korea. It is able to transport 4,700 linear metres of rolling freight, 2,500 Car Equivalent Units (CEU)

about 3 years ago
GasLog’s entire LNG carrier fleet to sport smart shipping solution
Energy Efficiency & Innovation

GasLog’s entire LNG carrier fleet to sport smart shipping solution

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GasLog, owner and operator of LNG carriers, has decided to equip its entire fleet with a smart shipping solution from GTT Group brand, Ascenz Marorka. Under the contract with GasLog, Ascenz Marorka will equip the shipowner’s entire fleet of more than 35 LNG carriers with its Smart Shipping solution.

about 3 years ago
nogaps
Energy Efficiency & Innovation

Ammonia-powered ships expected to be 50-130 pct pricier to build

The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv

about 3 years ago
Vinga class vessels
Energy Efficiency & Innovation

Wärtsilä and Furetank crack down on methane slip

Finnish marine technology supplier Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip of LNG-fueled ships. Methane slip on LNG-powered vessels refers to the unintentional release of methane, a potent greenhous

about 3 years ago
Image credit ERMA FIRST
Energy Efficiency & Innovation

ERMA FIRST’s AMP system recognized as energy saving device

DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr

about 3 years ago
Tufton Anemoi rotor sails
Energy Efficiency & Innovation

Tufton’s bulker to save 10 pct of fuel after fitting rotor sails

China-based Chengxi Shipyard has completed the installation of Anemoi’s rotor sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier. The installation was completed in June 2023. TR Lady is owned by TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management and is on a time charter wi

about 3 years ago
Odfjell rotor sails
Energy Efficiency & Innovation

Industry’s first: Odfjell to install suction sails on a chemical tanker

Norwegian shipping company Odfjell in partnership with bound4blue, a Spanish developer of wind-assisted propulsion technology, will install the eSAIL® suction sail system on a chemical tanker, making it the first tanker vessel in the world to harness this type of technology. The eSAIL system, catego

about 3 years ago
Bochem Houston
Energy Efficiency & Innovation

Stolt Tankers adds Bochem Houston, 1st of 6 ammonia-ready newbuilds chartered from CMB

Stolt Tankers has welcomed into the fleet Bochem Houston, the first of six newbuilds hired from Belgian shipowner Compagnie Maritime Belge (CMB). The 26,000 dwt ship has joined the company’s Stolt Tanker Joint Service, bringing the number of ships in its deep-sea fleet to 84. The IMO Tier III tanker

about 3 years ago
Norden bulker
Energy Efficiency & Innovation

Teck teams up with Norden to cut its carbon footprint

Danish shipping company Norden has inked a deal with Teck Resources Limited, one of Canada’s largest mining companies, to reduce CO² emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or up to 6,700 to

about 3 years ago
MMMCZCS: Navigating the regulatory traps to drive real change
Energy Efficiency & Innovation

MMMCZCS: Navigating the regulatory traps to drive real change

Regulatory measures implemented by the International Maritime Organization (IMO) often set out with the noble goal of curbing carbon dioxide (CO2) emissions and promoting sustainability within the global shipping industry. Yet, the journey from regulation to actual emission reduction can be marred b

about 3 years ago
Wallenius Wilhelmsen
Energy Efficiency & Innovation

Wallenius Wilhelmsen pens deal for up to 12 methanol and ammonia-ready newbuilds

Oslo-listed RoRo vessel operator Wallenius Wilhelmsen ASA has signed a letter of intent for delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight car carriers. The four vessels are set for delivery from mid-2026 and onwards by China’s Ji

about 3 years ago
Has the time come for ‘demolition flurry’ everyone was talking about to boost liner profits?
Energy Efficiency & Innovation

Has the time come for ‘demolition flurry’ everyone was talking about to boost liner profits?

The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equ

about 3 years ago
Deltamarin CMES PCTC design
Energy Efficiency & Innovation

Deltamarin bags multiple design deals for PCTCs with alternative fuels amid shifting tides in car carrier industry

Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus

about 3 years ago
GOGL
Energy Efficiency & Innovation

Safe Bulkers welcomes 4th newbuild, advances eco upgrades

Monaco-based dry bulk shipping company Safe Bulkers has taken delivery of MV Climate Justice, a GHG Phase 3-NOX Tier III compliant Post-Panamax vessel. The 87,300 dwt bulker, sailing under the Cyprus flag, was built by Oshima Shipbuilding from Japan and is classed by DNV. The newbuild is fitted with

about 3 years ago