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Green Marine

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Ecospray
Green Marine

Ecospray’s CO2 capture tech with 80 pct efficiency coming in Q1 2024

Ecospray, an Italian company specializing in sustainable solutions for maritime and land-based industries, has unveiled its first two carbon capture technologies for the maritime sector in Athens, Greece. The company developed a pilot plant with two CO2 capture technologies: chemical absorption usin

about 3 years ago
NKT cable-laying vessel moves to biofuel
Green Marine

NKT cable-laying vessel moves to biofuel

Denmark-based NKT has certified its cable-laying vessel (CLV) NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) as part of its decarbonization goals. NKT reported that the certification allows the reduction of carbon footprint from the vessel’s fuel consumption by more than 98%.

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about 3 years ago
Port of Aberdeen
Green Marine

Princess Royal unveils £420 million Aberdeen Port expansion

The Port of Aberdeen, the UK’s oldest business, now boasts the country’s newest harbor, signaling a vibrant future for energy, trade, and tourism in Scotland’s journey towards net zero emissions. Namely, the port’s £420 million (USD 514 million) expansion project was officially inaugurated on Friday

about 3 years ago
In focus: Is climate crisis a ‘fossil fuels crisis’?
Green Marine

In focus: Is climate crisis a ‘fossil fuels crisis’?

With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from

about 3 years ago
Peninsula Petroleum's first LNG deal breaks records
Green Marine

Itochu & Peninsula ally on development of ammonia bunkering in Spain

General trading company Itochu Corporation and marine fuels supplier Peninsula Petroleum have executed a memorandum of understanding (MoU) on the joint development of ammonia bunkering in Spain. Itochu stated that, together with Peninsula and future partners, it aims to establish a global ammonia su

about 3 years ago
HHLA
Green Marine

Workers protest against HHLA’s partial sale to MSC

In a show of collective dissent, hundreds of employees of Hamburger Hafen und Logistik AG (HHLA) rallied on Tuesday to protest against the proposed partial sale of the company to the Swiss container shipping giant, MSC (Mediterranean Shipping Company). The demonstrators marched from the HHLA headqua

about 3 years ago
Ulstein Verft to build new Nexans cable-laying vessel
Green Marine

Ulstein Verft to build new Nexans cable-laying vessel

Nexans Marine Operations has placed an order with Ulstein Verft for the construction of its new cable-laying vessel (CLV), said to be an updated version of the Nexans Aurora. The “large” DP3 vessel, based on the Nexans Aurora design as developed by Skipsteknisk, will be able to carry out the transpo

about 3 years ago
Hudong Zhonghua CMA CGM Paraty
Green Marine

CMA CGM’s 13K TEU LNG-powered containership hits the water

A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was h

about 3 years ago
Elyse Energy, Hy24 and Mirova pen e-fuels financing deal
Green Marine

Elyse Energy, Hy24 and Mirova pen e-fuels financing deal

E-fuels company Elyse Energy, Hy24, managing a clean hydrogen infrastructure fund, and Mirova, an affiliate of Natixis Investment Managers, have signed a financing deal to support the development of Elyse Energy’s e-methanol and sustainable aviation fuels (SAF) projects in France and Spain. Specific

about 3 years ago
Laura Maersk
Green Marine

WATCH: Green-methanol-powered Laura Maersk takes to the seas

Laura Maersk, the world’s first containership powered by green methanol, has set sail from Copenhagen, Denmark officially commencing her operations. Maersk, the owner of the groundbreaking ship, shared video footage of the vessel departing the Toldboden area of the Copenhagen harbor near the headqua

about 3 years ago
Rolf Habben Jansen, CEO of Hapag-Lloyd
Green Marine

Hapag-Lloyd CEO: Industry must work together to create a level-playing field

The shipping industry needs to work together to accelerate the energy transition and establish a level playing field, ensuring Europe’s competitive edge on the global stage, Rolf Habben Jansen, CEO of Hapag-Lloyd AG, said yesterday in a powerful address at the European Shipping Summit (ESS) in Bruss

about 3 years ago
Woodmac: Europe’s carbon border adjustment sparks decarbonization and price surge
Green Marine

Woodmac: Europe’s carbon border adjustment sparks decarbonization and price surge

A recent report from Wood Mackenzie titled “Playing by New Rules: How the CBAM Will Change the World” sheds light on the potential consequences of the European Union’s Carbon Border Adjustment Mechanism (CBAM). The Carbon Border Adjustment Mechanism, a policy that will require producers of goods imp

about 3 years ago
MSC-Fincantieri deal for two new hydrogen-powered ships stands
Green Marine

MSC-Fincantieri deal for two new hydrogen-powered ships stands

The Cruise Division of MSC Group has confirmed firm orders for two hydrogen-powered vessels for its luxury travel brand Explora Journeys with the Italian shipbuilder Fincantieri and pledged to continue its push towards a net zero-carbon emissions target by 2050 by investigating additional new and ad

about 3 years ago
MSC Loreto
Green Marine

ESPO concerned over carbon and business leakage as EU ETS nears implementation

As the European Union (EU) prepares to implement the EU Emission Trading System (ETS) directive for the maritime sector, the European Sea Ports Organisation (ESPO) has raised concerns about the potential for carbon and business leakage due to the current legislation’s limited scope. The EU ETS direc

about 3 years ago