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European Commission ends shipping consortia antitrust exemption
Green Marine

European Commission ends shipping consortia antitrust exemption

The European Commission will not extend the EU legal framework exempting liner shipping consortia from EU antitrust rules, known as the Consortia Block Exemption Regulation (CBER). This decision comes after a review process initiated in August 2022, with the CBER set to expire on April 25, 2024. The

about 3 years ago
ERMA FIRST AIP
Green Marine

ERMA First’s CCS wins nod from LR

Greek ballast water treatment specialist ERMA FIRST has won Lloyd’s Register’s Approval in Principle (AiP) for its amine absorption-based carbon capture & storage (CCS) system. The system uses absorption technology to mix carbon dioxide (CO2) flue gases with a proprietary amine solvent, which is the

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about 3 years ago
Lomar teams up with Alicia Bots on autonomous hull cleaning technology
Green Marine

Lomar teams up with Alicia Bots on autonomous hull cleaning technology

Lomar, a maritime subsidiary of global business group Libra Group, has revealed its collaboration with tech provider Alicia Bots to integrate robotic hull inspection and grooming solutions into its biofouling control practices.

about 3 years ago
Levante LNG Peninsula
Green Marine

Peninsula secures LNG bunkering license in Gibraltar

Maritime fuel supplier Peninsula has won an LNG bunkering operator license from the Government of Gibraltar and the Gibraltar Port Authority. The company recently sent its new 12,500 cubic meters LNG supply vessel, Levante LNG, to the Strait of Gibraltar. Levante LNG will be operated by Peninsula, s

about 3 years ago
container shipping
Green Marine

ICS rolls out CII data collection system

The International Chamber of Shipping (ICS) has launched a Carbon Intensity Indicator (CII) Data Collection System. CII is a rating system developed by the International Maritime Organization (IMO) to measure the energy efficiency of ships, above 5,000 gross tonnage and trading internationally. It c

about 3 years ago
Evangelos Marinakis
Green Marine

Marinakis proposes Capital Product Partners’ pivot to LNG carrier sector

Greek shipping magnate Evangelos Marinakis, alongside his son Miltiadis and private company Capital Maritime & Trading, has revealed plans to propose a significant shift in the business focus of New York-listed shipowner Capital Product Partners. The proposal, disclosed in a filing with the U.S. Sec

about 3 years ago
Estonia and Finland to create green shipping corridor
Green Marine

Estonia and Finland to create green shipping corridor

Estonia and Finland have signed a Memorandum of Understanding (MoU) to create a green shipping corridor on both sides of the Gulf of Finland, to ensure and accelerate net-zero goals.

about 3 years ago
Tanker
Green Marine

CMB breaks deadlock as Frontline sails away with $2.35 billion VLCC bounty in Euronav deal

After months of tense negotiations and legal disputes, Compagnie Maritime Belge (CMB) has announced a breakthrough agreement with Frontline and its affiliated company Famatown Finance Limited that paves the way for resolving the ongoing deadlock within Belgian tanker major Euronav. CMB, along with i

about 3 years ago
Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum
Green Marine

Push for CCU and CCS inclusion in EU Net Zero Industry Act gains momentum

A coalition of industry leaders, environmental advocates, and policymakers have called for the inclusion of Carbon Capture and Utilisation (CCU) and Carbon Capture and Storage (CCS) technologies in the European Union’s Net Zero Industry Act (NZIA) as strategic net-zero technologies. The joint statem

about 3 years ago
bulker powered by ammonia
Green Marine

Frontline’s exit clears path for CMB’s bold decarbonization agenda for Euronav with ammonia and hydrogen at the helm

The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals a new chapter for tanker owner Euronav, one that holds the promise of resolving long-standing disputes and steering the company toward a more diversified and sustainable future. Specifically, CMB

about 3 years ago
Safe Bulkers buys two dual-fuel methanol Kamsarmax newbuilds in fleet renewal quest
Green Marine

Safe Bulkers buys two dual-fuel methanol Kamsarmax newbuilds in fleet renewal quest

Monaco-based dry bulk shipping company Safe Bulkers has entered into contracts for the acquisition of two dual-fuel newbuild Kamsarmax class dry-bulk vessels as part of its fleet renewal strategy. The two 81,200 dwt vessels which are capable of running on methanol and fuel will be acquired at attrac

about 3 years ago
MAMII picks two methane measurement firms to carry out pilot studies
Green Marine

MAMII picks two methane measurement firms to carry out pilot studies

Safetytech Accelerator, a non-profit established by Lloyd’s Register, in collaboration with CoolCo, MOL and Shell International Trading and Shipping Company Limited, has chosen Green Instruments and Everimpact as the first two technology providers to be evaluated by the flagship Methane Abatement in

about 3 years ago
In focus: Is natural gas crucial element of energy transition?
Green Marine

In focus: Is natural gas crucial element of energy transition?

With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transi

about 3 years ago
Peel Ports cuts GHG emissions by almost a third in 3 years
Green Marine

Peel Ports cuts GHG emissions by almost a third in 3 years

The U.K.’s second largest port operator Peel Ports Group revealed that it has reduced its greenhouse gas emissions across its port facilities by almost a third since 2020. The port said in its ESG report that it had managed to cut Scope 1 & Scope 2 emissions across its port operations by a total of

about 3 years ago