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Green Marine

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nogaps
Green Marine

Ammonia-powered ships expected to be 50-130 pct pricier to build

The financial cost of building an ammonia-powered gas carrier is poised to outstrip that of an equivalent gas carrier by a staggering 50 to 130 percent over the forthcoming years. The estimate builds upon findings from interviews with actors across the ship finance space including banks, funds, priv

about 3 years ago
Hapag-Lloyd
Green Marine

Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM

The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., has recently taken a compelling turn with the entry of Hapag-Lloyd AG, Germany’s foremost container shipping powerhouse. Hapag-Lloyd, Germany’s most prominent and the fifth largest global player, stood as

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about 3 years ago
Survey: Passengers interested in paying more for reduced emissions
Green Marine

Survey: Passengers interested in paying more for reduced emissions

An impressive majority of 68 percent of Finnish maritime respondents who participated in a recent survey have expressed their willingness to pay more money in exchange for emission reduction on their travels. The EPSI Rating’s Passenger Transport 2023 survey examined the customer experience and cust

about 3 years ago
Vinga class vessels
Green Marine

Wärtsilä and Furetank crack down on methane slip

Finnish marine technology supplier Wärtsilä and Swedish shipping company Furetank are co-developing and testing two technologies showing the potential to halve the methane slip of LNG-fueled ships. Methane slip on LNG-powered vessels refers to the unintentional release of methane, a potent greenhous

about 3 years ago
EnBW buys into Norwegian green ammonia project
Green Marine

EnBW buys into Norwegian green ammonia project

German energy supply company EnBW Energie Baden-Württemberg has entered into an investment agreement with Skipavika Green Ammonia (SkiGA), which is said to be one of Europe’s most advanced projects for emission-free ammonia production, in Western Norway. Under the agreement, EnBW will acquire a 10%

about 3 years ago
methanol-powered feeder
Green Marine

World’s 1st methanol-powered boxship completes Europe’s inaugural methanol bunkering on final leg to Copenhagen

Slowly but surely the world’s first containership powered by green methanol is making its way from South Korea to its final destination of Copenhagen where it will be christened in September. The 2,100 TEU boxship, built by Hyundai Mipo Dockyard, has arrived in the Port of Rotterdam, the final stop

about 3 years ago
methanol powered tanker
Green Marine

OceanPal becomes partner in a deal for methanol-ready tanker newbuilding pair

Nasdaq-listed shipowner OceanPal Inc. announced that it is investing in a Norwegian entity, RFSea Infrastructure II AS, that will construct two methanol-ready, stainless steel chemical tankers. The two 600 dwt chemical tankers, ordered under two separate contracts, will be built at China’s Wuhu Ship

about 3 years ago
Wärtsilä rolls out onboard carbon capture and storage feasibility studies
Green Marine

Wärtsilä rolls out onboard carbon capture and storage feasibility studies

Technology group Wärtsilä has added carbon capture and storage (CCS) feasibility studies to its portfolio of products intended for shipowners and operators. The company has already conducted a number of studies on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container

about 3 years ago
DNV greenlights Oceanbird’s wing sail
Green Marine

DNV greenlights Oceanbird’s wing sail

The first wing sail from Oceanbird, Wing 560, has received Approval in Principle (AiP) from the classification society DNV.

about 3 years ago
Image credit ERMA FIRST
Green Marine

ERMA FIRST’s AMP system recognized as energy saving device

DNV classification society has issued a letter of professional opinion confirming that ERMA FIRST’s alternative maritime power (AMP) system, BLUE CONNECT, meets the requirements for categorisation as an ‘energy-saving device’ (ESD). In the same document, DNV recognises BLUE CONNECT’s ability to impr

about 3 years ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Green Marine

In focus: Transition, one step at a time

When it comes to tweaking existing industrial processes to curb carbon emissions, numerous steps are being taken.

about 3 years ago
Titan completes its first LNG bunkering operations in Hamburg
Green Marine

Titan completes its first LNG bunkering operations in Hamburg

Low and zero-emission fuels supplier Titan has performed its first ship-to-ship LNG bunker operations in Hamburg, Germany. The company said it performed its first-ever ship-to-ship LNG bunkering operation in Hamburg on 31 July to Vox Ariane, Van Oord’s trailing suction hopper dredger (TSHD). The sec

about 3 years ago
Northern Lights
Green Marine

Blue ammonia to be abundantly available for maritime industry by 2027, says Maersk Mc-Kinney Moller Center

Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. The

about 3 years ago
Tufton Anemoi rotor sails
Green Marine

Tufton’s bulker to save 10 pct of fuel after fitting rotor sails

China-based Chengxi Shipyard has completed the installation of Anemoi’s rotor sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier. The installation was completed in June 2023. TR Lady is owned by TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management and is on a time charter wi

about 3 years ago