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Green Marine

SEA-LNG coalition welcomes MSC as its latest member

MSC Mediterranean Shipping Company has joined SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway as a route to shipping’s decarbonization. In recent years, MSC has made investments in LNG-fuelled vessels in the different sectors it operates. In 20

about 3 years ago

Green Marine

12-meter USV destined for Fugro hits the water (Video)

SEA-KIT International’s uncrewed surface vessel (USV) destined for Fugro has completed sea and endurance trials and will soon leave for the Dutch company’s UK office. SEA-KIT reported on 3 August that its latest X-Class USV for Fugro had undergone comprehensive sea and endurance trials and is soon s

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about 3 years ago

Green Marine

Euronav inks $190.5 mln sustainability-linked loan for four newbuilds

Belgian tanker shipping major Euronav has received a commitment of $190.5 million to finance four newbuildings entering service in 2023 as part of the company’s latest sustainability-linked financing. Euronav has been working on its sustainability-linked financing since 2020, when it started convert

about 3 years ago

Green Marine

Wind-installed vessels set to surpass 40+ target by year-end

The wind-assisted propulsion sector has experienced remarkable growth and continued momentum during the first half of 2023, with significant advancements reshaping the maritime industry. During this period the sector has seen five new installations, the delivery of six wind-ready vessels, and boasts

about 3 years ago

Green Marine

As Fremantle Highway’s fire quiets down, final port destination remains unknown

As the situation surrounding the fire-stricken car carrier Fremantle Highway continues to be closely monitored, the fire on board seems to have subsided. There are no indications that the fire is still burning, according to the latest update from Rijkswaterstaat, a government agency overseeing water

about 3 years ago

Green Marine

A flurry of orders continues into summer with tankers leading the charge

The global shipbuilding industry is experiencing an impressive surge in demand for new tonnage, with a flurry of newbuilding orders and options being placed over the past week by prominent shipping companies worldwide. Data from shipbrokers shows a remarkable total of 31 firm newbuilding orders, acc

about 3 years ago

Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre

Green Marine

Technip Energies and Enerkem sign biofuels and circular chemicals deal

Technology companies Technip Energies and Enerkem have signed a Memorandum of Understanding (MoU) to enter into a collaboration agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials. Specificall

about 3 years ago

Green Marine

Norden buys into Danish-Indian biofuel scale-up to strengthen future supply

Danish shipping company Norden has acquired a minority stake in MASH Makes, a Danish-Indian biofuel scale-up which researches, develops and produces renewable fuels from biomass waste. Norden sees the investment as a strategic partnership that will help secure access to renewable fuels, specifically

about 3 years ago

Green Marine

Procopiou’s Sea Traders inks massive bulker deal with CSSC Huangpu Wenchong

Sea Traders, owned by major Greek shipping magnate George Procopiou, has returned to China for additional bulkers. This time around the company signed an order with CSSC Huangpu Wenchong Shipbuilding Co., a subsidiary of the China State Shipbuilding Corporation (CSSC), for the construction of eight

about 3 years ago

Green Marine

Ocean Yield invests in four methanol-ready LR1 product tankers

Norwegian ship owning company Ocean Yield revealed it will purchase four LR1 product tankers, to be constructed at Guangzhou Shipyard International (GSI) in China. The design of the vessels will enable the ships to be converted to dual-fuel operation with methanol as fuel. The tankers are scheduled

about 3 years ago

Green Marine

Deltamarin bags multiple design deals for PCTCs with alternative fuels amid shifting tides in car carrier industry

Deltamarin, a Finland-based marine engineering company, has won several Pure Car and Truck Carrier (PCTC) ship design contracts in recent months featuring alternative fuels. Notably, China’s largest electric car manufacturer, BYD Auto, has commissioned four 9,200 CEU PCTCs from China Merchants Indus

about 3 years ago

Green Marine

Spain bankrolls APM Terminals Barcelona’s electrification pilot project

The Government of Spain, via the Moves Singular Projects II Programme, has granted EUR 3.9 million ($4.28 million) to APM Terminals Barcelona to finance part of a pilot project for the electrification of the container handling equipment operating at the terminal. The Moves Singular Projects II Progr

about 3 years ago

Green Marine

CMA CGM turns to Wärtsilä for methanol-fuelled auxiliary engines

Technology group Wärtsilä has won a contract to supply methanol-fuelled auxiliary engines for the French shipping company CMA CGM. The engines have been ordered for six 15,000 TEU container vessels which are being built at the Dalian Shipbuilding yard in China. The order was booked by Wärtsilä in Q2

about 3 years ago

Green Marine

Svanehøj sees growing number of LPG tankers adding ammonia to cargo list

Amidst a shifting landscape in the quest for carbon neutrality, shipowners worldwide are now gearing up to embrace the anticipated demand growth for ammonia, with multiple tankers slated to incorporate ammonia in their cargo list. Svanehøj, a Danish-based pump manufacturer, has witnessed a remarkabl

about 3 years ago