BIMCO, the world’s largest shipping association, has called on states and the shipping industry to start a dialogue on how to create a global ruleset for market-based measures (MBM) to support the use of low carbon fuels and to create a level playing field for the industry.
The Swedish government has awarded four shipping companies with an environmental bonus for innovative and sustainable projects. Three of the four projects selected to receive eco-bonus operate services to and from Ports of Stockholm: AB Rederi Gotland won the bonus for changing from road cargo trans
Ireland-Wales Greenlink electricity interconnector has secured consent for a marine licence from Natural Resources Wales (NRW). The marine licence covers installation of the marine cable in UK waters. Greenlink said the approval by NRW is a major milestone and joins the onshore planning consents gra
Swedish-based international shipping company Stena has signed a $180 million loan agreement with KfW-Bank to finance two new E-Flexer RoPax ferries. The dup forms part of a series of nine new vessels ordered by Stena from China Merchants Jinling Shipyard (Weihai). The shipyard has already delivered
Italian shipping company Grimaldi has christened Eco Livorno, the third hybrid roll-on/roll-off (RoRo) unit of Grimaldi Green 5th Generation (GG5G) vessel class.
Government support for shore-power is essential to unlocking a triple-win of cleaner air, lower climate pollution, and smart 21st-century electricity grids in UK ports, new research found.
EnQuest has started the cessation of production activities on the Northern Producer floating production facility at the Don fields in the UK North Sea.
Following its recent unveiling of the ‘Tesla of the Seas’, British company Windship Technology has launched talks with interested parties from the shipping industry and investment circles to bring the true zero-emission vessel design into the market. “Significant ESG-focused investors are recognisin
Danish shipping company TORM has entered into an agreement to buy eight MR product tankers from Bermuda-based Team Tankers Deep Sea Ltd. for a total cash consideration of $82.5 million and the issuance of 5.97 million shares.
Dutch subsea and survey specialist Fugro has secured multiple contracts from Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May. For the purpose of the project, Fugro has utilised it specialist geotechnical and geophysical vessels Fugro Scout a
A team of investigators led by the Ministry of Environmental Protection of Israel has expanded the investigation into the recent oil spill to dozens of vessels. Initial estimates indicate that 160 kilometres of Israel’s coastline have been stained by tar as clean-up efforts continue. As of 23 Februa
Dutch shipbuilder Ferus Smit to build two Ecobox XL ships for Symphony Shipping.
The Society for Underwater Technology (SUT) has formed a new special interest group (SIG) – the Marine Environmental Science SIG. As a result, its creation brings the number of SIGs run by the SUT to a dozen. Mick Cook, director – MCL Consultancy and SUT council member & treasurer who initiated the
The transition towards zero-carbon fuels in the shipping industry needs to be accelerated, putting a greater focus on the viable solutions already on the market and skipping transitional solutions. These were the messages of A.P. Moller Maersk’s Executive Vice President Henriette Hallberg Thygesen d
