Norwegian shipping and tank terminal company Odfjell SE is planning to issue a sustainability-linked NOK denominated four-year senior unsecured bond. Odfjell said that the bond issuance would follow a series of fixed income investor calls commencing January 11, 2021. The company explained that it ha
Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM
Electrification of Port of Tyne’s existing diesel-powered Liebherr mobile harbour crane and diesel-powered Drax Hoppers used for handling bulk material will help the port eliminate 700 tonnes of CO2 emissions in one year, the UK port said. These two initiatives aim to cut the port’s diesel consumpti
A federal judge in Alaska ruled that the Trump administration’s planned auction of oil drilling leases in the Arctic National Wildlife Refuge (ANWR) could proceed as planned.
In the next five years, Estonian Port of Tallinn will be focusing on the implementation of its vision — to become the most innovative port in the Baltic Sea.
Sustainability will be a central topic in 2021 for Japanese shipping majors Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK).
Although the UK’s offshore oil and gas industry has committed to cutting operational emissions in half by 2030 and achieving net-zero production by 2050, operators will have to make leaps forward in technology, policy, and investment to reach these goals, according to Wood Mackenzie.
The Finnish Transport Infrastructure Agency has launched the Calypso, a new icebreaker concept boat equipped with a hybrid motorized removable bow. The icebreaker vessel is currently moored in Mustola harbor in Lappeenranta and has begun operating on Lake Saimaa and the deep waterways of the surroun
Ship classification society Nippon Kaiji Kyokai (ClassNK) said that the installation deadlines based on the BWMS Convention for many of its registered ships are still concentrated in the year 2022. As of the end of November 2020, 7,220 of the 9,159 ships registered with ClassNK are obligated to inst
German logistics and transportation company HHLA Container Terminal Altenwerder (CTA) has welcomed 16 battery-powered Automated Guided Vehicle (AGV) in 2020. With the delivery of the latest vehicle, the number of environmentally friendly vehicles now totals over 60 units. This means that two-thirds
Several partners have launched Current Direct, a new research and innovation project that aims to revolutionize the way goods and people are moved by water.
Italian Grimaldi Group started 2021 with the delivery of Eco Barcelona, the second of twelve hybrid Grimaldi Green 5th Generation (GG5G) class vessels.
Keppel Offshore & Marine Ltd (Keppel O&M) has delivered Singapore’s first liquefied natural gas (LNG) bunkering vessel, FueLNG Bellina, to FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum. Built in Keppel O&M’s Nantong shipyard, FueLNG Bellina is the second LNG bu
Japanese shipping major Kawasaki Kisen Kaisha (K Line) expects its first LNG-powered vessel to be delivered this year as the company increases focus on utilizing LNG as fuel. The LNG-fuelled car carrier was launched at Tadotsu Shipyard, part of Imabari Shipbuilding Group, in July 2020, shortly after
