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UMAS
Green Marine

UMAS: Early movers are vital in setting up a zero-emissions shipping market

There will be a range of costs expected from switching to zero-emission containerships in deep-sea and coastal routes, a recent report from UMAS finds.

about 2 years ago
CMA CGM Indianapolis
Green Marine

Jinling Weihai delivers early Christmas gift to EPS

China Merchants Jinling Shipyard (CMJL) Weihai, also known as Jinling Weihai, has delivered the 7,000-CEU LNG dual-fuel car carrier CMA CGM Indianapolis to Singapore-based ship management company Eastern Pacific Shipping (EPS). The shipbuilder said that the delivery took place 102 days ahead of sche

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about 2 years ago
Baleària
Green Marine

Baleària adds electric-powered ferry Rusadir to its owned fleet

Spanish ferry company Baleària has bought Rusadir, an electric-powered ferry that has been working for the company since last March. The vessel, which has electric propulsion and dual gas engines, operates on the Malaga – Melilla route. The maritime company thus expands its eco-efficient owned fleet

about 2 years ago
Illustration; Source: Maersk
Green Marine

Maersk planning to resume Red Sea transits

Danish container shipping major Maersk is preparing to resume vessel transits through the Red Sea following the deployment of naval assets in the region under the multi-national security initiative Operation Prosperity Guardian (OPG). Namely, the U.S. has launched a new multinational security operat

about 2 years ago
Danish Shipping
Green Marine

Danish Shipping: Over 80% of new ship tonnage to sail on green fuels

More than half of new vessels currently being built for Danish shipping companies will be able to sail on green fuels, trade and employer association Danish Shipping said.

about 2 years ago
Euronav
Green Marine

Euronav to acquire CMB.TECH for $1.25 billion

Belgian tanker shipping company Euronav NV and its controlling shareholder CMB NV have entered into a share purchase agreement for the acquisition of 100% of shares in cleantech maritime group CMB.TECH for $ 1.150 billion in cash. Euronav said that the move fits its renewed strategy of diversificati

about 2 years ago
Port
Green Marine

Navigating the new normal: Vessel rerouting spurs higher emissions as ships avoid the Red Sea

In recent weeks, the Red Sea has become the epicenter of heightened tensions as Yemen’s Houthi group escalated their attacks on commercial vessels, sending shockwaves throughout the maritime industry. Germany’s Hapag-Lloyd and Hong Kong’s OOCL joined on Thursday numerous shipping companies, includin

about 2 years ago
Liquid Wind applies for environmental permit for third eFuel plant in Sweden
Green Marine

Liquid Wind applies for environmental permit for third eFuel plant in Sweden

Swedish electrofuel (eFuel) developer Liquid Wind has submitted an environmental permit application for the company’s third commercial-scale green electrofuel facility, FlagshipTHREE, at the Land and Environment Court in Umeå, Sweden. According to Liquid Wind, once operational, FlagshipTHREE, locate

about 2 years ago
LNG carrier
Green Marine

Capital Product Partners seals $3.1 billion acquisition of 11 LNG carriers amid strategic transformation

After its recently announced pivot towards the LNG shipping sector, New York-listed shipowner Capital Product Partners L.P. has closed the umbrella agreement initiated last November, paving the way for the acquisition of 11 newbuild liquefied natural gas carrier vessels. As reported by Offshore Ener

about 2 years ago
methanol bunkering Singapore
Green Marine

Meeting IMO’s 2030 targets not out of grasp?

Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zer

about 2 years ago
Butting
Green Marine

MAN ES: World’s 1st SCR for ammonia engine tested

MAN Energy Solutions, in collaboration with Germany-based stainless-steel processor BUTTING, has revealed that the world’s first selective catalytic reduction (SCR) converter intended for an ammonia engine has passed its factory acceptance test. Measuring an impressive 3.9 meters in diameter and boa

about 2 years ago
Stolt Tankers vessel
Green Marine

Stolt Tankers eyes 5-7% fuel savings from graphene coating

Tanker operator Stolt Tankers said that it has become the first shipping company in the world to apply graphene coating technology to the hull of one of its chemical tankers, Stolt Lotus. Namely, in early November, the 30,000-deadweight tonne Stolt Lotus was drydocked in China for five days where th

about 2 years ago
Fugro embarks on another task to convert PSVs into geotechnical vessels
Green Marine

Fugro embarks on another task to convert PSVs into geotechnical vessels

Fugro is planning to repurpose two platform supply vessels (PSVs) into geotechnical vessels. This news comes as the Dutch company is currently in the process of repurposing two other PSVs into geotechnical vessels. Fugro announced it had reached an agreement to acquire the Wartsila-designed Sea Gold

about 2 years ago
Euronav
Green Marine

Performance Shipping inks construction deal for LNG-ready LR2 Aframax duo

Greek tanker owner Performance Shipping has signed two contracts with China Shipbuilding Trading Co. and Shanghai Waigaoqiao Shipbuilding for the construction of two 114,000 dwt LNG-ready LR2 Aframax product/crude oil tankers. The oil tanker vessels are expected to be delivered in January and April

about 2 years ago