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Energy Efficiency & Innovation

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EEC
Energy Efficiency & Innovation

EEC: Sustainable shipbreaking an untapped area ripe for disruption

Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r

about 3 years ago
Port of le Havre
Energy Efficiency & Innovation

Port of Le Havre deploys ShoreTension system across all terminals

The Port of Le Havre has announced the deployment of the ShoreTension mooring reinforcement system on all its terminals after several months of successful testing. The ShoreTension system, developed by KRVE, uses advanced software and sensors to monitor the mooring tension and adjust it in real-time

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about 3 years ago
Shipping; Illustration
Energy Efficiency & Innovation

Veson to take over VesselsValue

Veson Nautical, a London-based provider of maritime freight management solutions, has revealed plans to acquire vessel valuation provider VesselsValue. VesselsValue was founded in 2011 and is considered the market standard for daily updated, automated, vessel-specific valuations. VesselsValue is a d

about 3 years ago
Port of Los Angeles, California
Energy Efficiency & Innovation

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago
containership
Energy Efficiency & Innovation

Euroseas welcomes its first eco feeder from nine-vessel newbuilding program

Greek shipowner and operator Euroseas has taken delivery of its M/V Gregos, an eco 2,800 TEU feeder containership newbuilding from Hyundai Mipo Dockyard Co. in South Korea. The vessel is EEDI Phase 3 compliant and equipped with a Tier III engine and other sustainability-linked features including alt

about 3 years ago
In focus: Vessel decarbonization efforts power ahead
Energy Efficiency & Innovation

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

about 3 years ago
Sparky, Damen
Energy Efficiency & Innovation

Damen hits record revenue of €2.5 billion

Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.

about 3 years ago
Stolt Tankers
Energy Efficiency & Innovation

Stolt Tankers to apply graphene-based propeller coatings to 25 ships

Norwegian chemical tanker company Stolt Tankers, a subsidiary of Stolt-Nielsen, has signed a two-year agreement with Canada-based Graphite Innovations & Technology (GIT). Under the deal Stol Tankers will apply GIT’s XGIT-PROP graphene-based marine coating to the propellers of 25 ships during 2023. G

about 3 years ago
Viking Glory
Energy Efficiency & Innovation

Viking Line: Maritime operations using the old model are not economically sustainable

The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,

about 3 years ago
China Shipping
Energy Efficiency & Innovation

UMAS: 40 pct improvement in efficiency needed in this decade

A new report by University Maritime Advisory Services (UMAS), an independent advisory and research consultancy specializing in maritime and ocean-related sustainability issues, sheds light on the pressing need for a significant improvement in energy efficiency in the global shipping industry by 2030

about 3 years ago
Port of Hamburg
Energy Efficiency & Innovation

Kokarakis: Switching to alternative fuels is the key to CII compliance

The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual

about 3 years ago
Cajun sun powered by methanol
Energy Efficiency & Innovation

Hexter: There are virtually no barriers to adoption of methanol

This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. Upgrade for premium access here. The decarbonization conundrum in the shipping industry persists due to a multitude of challenges, including the high cost of alternative fuels, th

about 3 years ago
e1 Marine
Energy Efficiency & Innovation

e1 Marine to build S130 hydrogen generator for Current AG

Global renewable energy company e1 Marine has been commissioned by Switzerland-based Current AG to build an S Series 130 methanol to hydrogen generator that would capture waste heat and CO2 from the exhaust stream produced during the reforming process. Successful lab-based tests will improve the eco

about 3 years ago
Botas
Energy Efficiency & Innovation

Turkey’s 1st LNG dual-fuel tugboat starts taking shape

Turkish Uzmar Shipyard has held a steel-cutting ceremony for Turkey’s first dual-fuel tugboat, being built for BOTAŞ Petroleum Pipeline Corporation (BOTAS), the state-owned crude oil and natural gas pipelines and trading company. The shipyard will build two Voith tractor-type propeller tugboats that

about 3 years ago