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Grieg Maritime
Green Marine

Grieg Maritime lifts option for two more ammonia-ready open hatch bulkers

Norwegian shipowner Grieg Maritime Group has exercised options for two additional ammonia-ready open hatch bulk carriers taking the total to four ships. The option was part of the contract signed in May this year with CSSC Huangpu Wenchong Longxue in China which included two firm plus two optional 8

about 3 years ago
IMO
Green Marine

UMAS: IMO’s 2030 and 2040 targets are ‘very close’ to 1.5°C pathway and spell the end of fossil-fuelled shipping

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A recent analysis by UK-based maritime consultancy UMAS has shed light on the alignment of the Revised IMO GHG Strategy with science-based targets, which will require a strong and rapid response from national and regional governments as well as corporations alike. Failure to do so could relegate the

about 3 years ago
UK’s zero-emission shipping projects get £80mln financial support
Green Marine

UK’s zero-emission shipping projects get £80mln financial support

The UK Government has revealed the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI), supporting economic growth and boosting the UK’s decarbonisation efforts with £80 million investment.

about 3 years ago
In focus: Road to net zero has become much bumpier
Green Marine

In focus: Road to net zero has become much bumpier

Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in

about 3 years ago
TEN logo
Green Marine

TEN bolsters green vessel fleet with scrubber-fitted MR pair

Greek shipowner TEN has signed construction contracts for two scrubber-fitted MR product tankers, the company revealed. These 50,000 dwt vessels, ordered in August from an unnamed shipbuilder, are slated for delivery in the first quarter of 2026. According to Intermodal, the vessels were ordered fro

about 3 years ago
Sedat Basak Uni-Tankers
Green Marine

Uni-Tankers in major fleet expansion swoop

In a strategic move set to bolster its maritime capabilities, Danish ship owner and operator, Uni-Tankers, has unveiled that it has added five new vessels to its fleet. The fleet expansion includes long-term deals for four newbuilding vessels and one ECO small clean chemical/product tanker built in

about 3 years ago
LR and COSCO join forces for LNG fleet decarbonization pathway project
Green Marine

LR and COSCO join forces for LNG fleet decarbonization pathway project

Classification society Lloyd’s Register (LR) and Shanghai COSCO Shipping LNG Investment, a subsidiary of China Shipping Corporation Limited, have signed an agreement to collaborate on a new project that aims to formulate and assess the decarbonization pathway for COSCO Shipping’s existing LNG carrie

about 3 years ago
Maersk feeder bunkering with Agility tanker; Image credit Maritime & Port Authority of Singapore
Green Marine

Maersk secures green methanol supply from Equinor

Container shipping heavyweight A.P. Moller-Maersk (Maersk) has signed an agreement with energy major Equinor thus securing the supply of green methanol for its landmark, methanol-enabled feeder vessel during its initial months of operation from September 2023 and into the first half of 2024. The agr

about 3 years ago
DNV: Shipping faces uphill battle in securing carbon-neutral fuels
Green Marine

DNV: Shipping faces uphill battle in securing carbon-neutral fuels

The shipping industry will find it challenging to secure enough supply of carbon-neutral fuels, according to the latest edition of DNV’s Maritime Forecast to 2050, as it faces tough competition from other sectors. The report emphasizes the need to consider all alternative approaches to reducing emis

about 3 years ago
bound4blue’s wind-assisted propulsion systems get financial boost
Green Marine

bound4blue’s wind-assisted propulsion systems get financial boost

Agricultural company Louis Dreyfus Company, French containment specialist GTT and the European Commission have invested in bound4blue’s Series A funding round, becoming shareholders of the company.

about 3 years ago
Lattice gets BV’s AiP for floating LH2 import terminal
Green Marine

Lattice gets BV’s AiP for floating LH2 import terminal

Classification society Bureau Veritas (BV) has issued an approval in principle (AiP) to Lattice Technology for the design and development of a 75,000 cbm floating liquified hydrogen (LH2) import terminal. This import terminal is expected to receive the liquefied hydrogen from an LH2 carrier and stor

about 3 years ago
Shell, Wärtsilä, Hudong-Zhonghua launch new hybrid electric LNG carrier design
Green Marine

Shell, Wärtsilä, Hudong-Zhonghua launch new hybrid electric LNG carrier design

Shell Shipping and Maritime, CSSC Hudong-Zhonghua Shipbuilding and Wärtsilä Marine have launched a new hybrid electric liquified natural gas (LNG) carrier design.

about 3 years ago
Maersk methanol powered feeder
Green Marine

Maersk’s methanol-powered feeder to transport Amazon’s goods

Danish containership major Maersk and American e-commerce giant Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 m

about 3 years ago
EPS inks several MoUs on development of ammonia dual-fuel vessels
Green Marine

EPS inks several MoUs on development of ammonia dual-fuel vessels

Singapore’s Eastern Pacific Shipping (EPS), German MAN Energy Solutions (MAN ES), South Korea’s HD Hyundai Heavy Industries (HHI) and yards from the China State Shipbuilding Corporation (CSSC) have announced a collaboration on the development of ammonia-burning engine that will be fitted to a new fl

about 3 years ago