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Green Marine

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Meyer Werft
Green Marine

Sinking Meyer Werft receives €400M capital injection from German government

German shipbuilder Meyer Werft, which was hit by a major financial crisis, has received extensive support from the government to secure its economic future.

about 2 years ago
Spliethoff
Green Marine

Spliethoff Group expands fleet to over 140 vessels through latest acquisition

Dutch shipping company Spliethoff Group has acquired ForestWave, a compatriot company active in the multipurpose shortsea segment, with the latter joining Spliethoff Group as its seventh business unit, expanding the number of vessels commercially operated by the group to a combined fleet of over 140

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about 2 years ago
IMO
Green Marine

Threefold approach needed for maritime decarbonization

A three-pronged approach would be required for the shipping industry to deliver the International Maritime Organization’s (IMO) decarbonization targets, according to Seas at Risk, an umbrella organization of environmental NGOs promoting policies for marine protection.

about 2 years ago
AFC Energy launches ammonia cracker subsidiary
Green Marine

AFC Energy launches ammonia cracker subsidiary

AFC Energy has launched Hyamtec, a wholly-owned subsidiary established to commercialize the company’s next-generation distributed ammonia cracking business.

about 2 years ago
Babcock wins LR’s nod for ammonia release recovery system
Green Marine

Babcock wins LR’s nod for ammonia release recovery system

Babcock’s LGE business has received approval in principle (AiP) from the classification society Lloyd’s Register for its ammonia release recovery system, ecoVARSTM.

about 2 years ago
Maersk
Green Marine

Maersk CEO: Global regulator must ensure price parity between green and fossil fuels

Vincent Clerc, CEO of Danish shipping and logistics giant Maersk, has reiterated the importance of introducing a global maritime fuel standard and a pricing mechanism that would reduce the existing price gap between green and fossil fuels.

about 2 years ago
European Comission
Green Marine

European Commission approves joint control of France LNG Shipping

The European Commission has granted approval for the joint acquisition of France LNG Shipping (FLS) by a consortium including Japanese shipping colossal NYK, French shipowner Geogas Maritime and compatriot infrastrucure fund manager DIF Management, as well as capital market company Marigold, a subsi

about 2 years ago
EU commits to highly awaited industrial maritime strategy
Green Marine

EU commits to highly awaited industrial maritime strategy

The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.

about 2 years ago
Grimaldi Group
Green Marine

Grimaldi Group secures majority stake in Heraklion Port Authority, expanding footprint in the eastern Mediterranean

Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow

about 2 years ago
CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV
Green Marine

CB&I and Hanwha Ocean’s LH2 carrier design okayed by DNV

CB&I and Hanwha Ocean have received approval in principle (AiP) for the design of a cargo containment system and an 80,000 cbm liquid hydrogen (LH2) carrier from DNV.

about 2 years ago
Slow steaming
Green Marine

Slow steaming: The other side of the coin

Although many shipowners are turning to slow steaming to cut fuel consumption and emissions, this strategy could have negative effects as well, design and engineering firm Houlder has warned.

about 2 years ago
PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP
Green Marine

PONANT’s low-carbon, wind-assisted passenger vessel design gets BV’s AiP

Bureau Veritas (BV) has granted approval in principle (AiP) to PONANT for its new twin-screw sailing passenger vessel concept Swap2Zero.

about 2 years ago
Industry heavyweights to advance ammonia dual-fuel 8,200 TEU boxship design
Green Marine

Industry heavyweights to advance ammonia dual-fuel 8,200 TEU boxship design

Swiss shipping major Mediterranean Shipping Company (MSC), classification society Lloyd’s Register (LR), German engine manufacturer MAN Energy Solutions (MAN ES) and Shanghai Merchant Ship Design & Research Institute (SDARI) have signed a Memorandum of Understanding (MoU), which now includes the Lib

about 2 years ago
Viking Line
Green Marine

The Baltic Sea’s first green freight corridor is here

Finnish shipping company Viking Line, compatriot road transportation company Scandic Trans and food business operator Orkla Suomi have launched a biofuel-powered scheduled freight service, opening the Baltic Sea’s first green freight corridor.

about 2 years ago