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Green Marine

23 methanol-powered ships ordered since the start of 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the

about 2 years ago

Green Marine

Star Bulk adds three more ECO Kamsarmaxes

Athens-based dry bulk shipping firm Star Bulk Carriers has brought its newbuilding tally of ECO Kamsarmax to five after revealing that it has contracted Qingdao Shipyard Co. for three more 82,000 dwt newbuilding vessels. Namely, in November 2023 Star Bulk revealed it had ordered two high-specificati

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about 2 years ago

Green Marine

Nordsol’s new plant getting closer to supplying bio-LNG to maritime sector

FirstBio2Shipping, a bio-LNG project developed by Dutch companies Attero, Nordsol and Titan, is nearing production of the first bio-LNG to be supplied to the maritime sector. On February 13 Nordsol shared a social media update stating that good progress was made in the construction of the bio-LNG pl

about 2 years ago

Green Marine

EU should not rely on uncertain imports to meet hydrogen targets, study says

According to a Ricardo study, commissioned by Transport & Environment (T&E), a European clean transport campaign group, the European Union (EU) should be cautious about relying on uncertain imports to meet its hydrogen targets. The study, made to assess the EU’s needs for hydrogen imports and evalua

about 2 years ago

Green Marine

Boluda Towage bolsters presence in Strait of Gibraltar with Resolve Salvage and Fire acquisition

Boluda Towage, a subsidiary of Spain’s Boluda Corporación Marítima, has expanded its global operations with the acquisition of Resolve Salvage and Fire, solidifying its position in the Strait of Gibraltar. The move aims to enhance services and intervention capabilities for both companies. The additi

about 2 years ago

Green Marine

Stena Bulk expands fleet with ECO MR quartet

Tanker shipping company Stena Bulk has inked long-term charter agreements for four newbuild eco Medium Range (MR) tankers. The ships will be taken on five-year charters from an unnamed private Japanese shipowner major. Two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hy

about 2 years ago

Green Marine

Norwegian NTE’s plant at Kråkøya produces its first hydrogen

Norwegian NTE’s (Nord-Trøndelag Elektrisitetsverk) green hydrogen production plant at Kråkøya in Nærøysund municipality has produced its first hydrogen gas. According to NTE, this represents a significant step forward for zero emissions in the maritime sector as the plant is the first hydrogen produ

about 2 years ago

Green Marine

SCZONE-Belgium cooperation talks include green fuel projects

François Cornet d’Elzius, Ambassador of Belgium to Cairo, and Waleid Gamal El Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE) have met to discuss new aspects of cooperation, including green fuel projects. On February 7, SCZONE said it received d’Elzius within the fra

about 2 years ago

Green Marine

Crew behavior changes lead to significant fuel savings, Ridgebury says following trial

A new behavior-focused sustainable shipping trial has shown that informed decisions can help ships’ crews make fuel-saving decisions 21% more often. Specifically, Ridgebury Tankers has carried out a six-month trial in cooperation with behavior change startup Signol during which officers on four tank

about 2 years ago

Green Marine

Cavotec wins shore power deal with European shipping line

Swiss cleantech company Cavotec revealed that it has signed a $5.7 million shore power retrofit deal contract with an undisclosed European shipping line. The agreement entails the complete retrofit of container vessels from the installation of Cavotec’s cable management system to modifications of th

about 2 years ago

Green Marine

Euronav wins green light for CMB.TECH’s acquisition

Euronav NV, the Belgian tanker shipping company, has secured approval for the acquisition of 100% of shares in cleantech maritime group CMB.TECH during a Special General Meeting held on February 7, 2024. The transaction, valued at $1.150 billion in cash, comes at a time of strategic transformation f

about 2 years ago

Green Marine

Gasum to manage Wasaline’s EUA portfolio

Finnish state-owned energy company Gasum has been selected to manage shipping company Wasaline’s EU Allowances (EUA) portfolio.

about 2 years ago

Green Marine

New hydrogen facility opens in Norwegian Egersund harbor

Norwegian companies Dalane Energi and Hydrogen Solution (HYDS) have launched a new hydrogen production facility in Egersund harbor as a part of the EU-funded ROBINSON H2020 project. The official opening ceremony of the hydrogen production plant was held in Grand Hotell Eigersund on February 8 in the

about 2 years ago

Green Marine

Furetank to have entire fleet green as it orders two more Vinga tankers

Swedish shipping company Furetank has ordered two more dual-fuel Vinga product tankers in China.

about 2 years ago