Louis Dreyfus Armateurs (LDA), VPLP Design (VPLP) and Alwena Shipping (Alwena) have signed a Memorandum of Understanding (MoU) to form an alliance that will work on developing a wind-assisted/propelled containership. The ship is based on the Trade Wings 2,500 concept for small-size containerships ca
Belgium’s Port of Antwerp-Bruges has witnessed its very first methanol bunkering on its journey to becoming a multi-fuel port. This first methanol bunkering operation took place on 1 June when 475 mT of methanol was bunkered from barge Tamariva to Proman Stena Marine at Sea-invest’s terminal. Proman
As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t
Singapore-based ship owner and operator BW Epic Kosan has secured its first sustainability-linked loan, valued at up to $140 million. The company plans to use the loan to refinance 19 vessels, while an additional acquisition line of $20 million will support potential growth opportunities. The loan i
French shipbuilder Chantiers de l’Atlantique has delivered MSC Euribia, MSC Cruises’ second cruise ship to run on liquefied natural gas (LNG).
Hanseatic Energy Hub (HEH) has selected Enagás, the Spanish transmission system operator (TSO), as its industrial partner for the operation of the liquefied gases terminal in Stade, Germany. Enagás joined the HEH as an industrial partner and co-shareholder with a 10% stake, subject to compliance wit
Technology and engineering group Sener has completed the conceptual design of a new model of sustainable tanker that can carry heavy fuel oil (HFO), very low sulfur fuel oil (VLSFO), biofuels and marine gas oils (MGO), and can also store the captured CO2 from nearby vessels. According to Sener, the
A recent analysis by Maersk Mc-Kinney Moller Center has identified four key constraints that may hinder the supply of renewable electricity to the maritime industry in the 2030s and 2040s, potentially leading to a shortage of e-fuels. The key constraints highlight the challenges that need to be addr
Ulrik Uhrenfeldt Andersen, the CEO of Golden Ocean Group, revealed his decision to step down from the position after leading the company through a period of immense growth and environmental transformation. GOGL’s board has appointed Lars-Christian Svensen, Golden Ocean’s Chief Commercial Officer, to
Norwegian tanker shipping heavyweight Frontline has secured a sustainability-linked loan, totaling up to $129.4 million. The financing was obtained through a senior secured term loan facility with Dutch banking group ING, which according to Frontline, offers attractive terms and is intended to refin
United European Car Carriers’ (UECC) state-of-the-art LNG dual-fuel vessel Auto Energy has completed its first LNG bunkering operation in the Mediterranean. According to UECC, a provider of sustainable short sea ro-ro transportation in Europe, the operation took place in the port of Sagunto, Spain,
Finnish technology group Wärtsilä has signed an agreement to apply decarbonisation modelling on the bulk carriers of Orient Express Lines of Dubai, owned by Transworld Group and managed by Transworld Ship Management (TWSM).
French CMA CGM Group has finalized the acquisition of La Méridionale, a mixed-use freight and passenger shipping company established in Marseille since 1931. The acquisition marks a significant step for CMA CGM as it expands its specialized shipping operations and bolsters its decarbonization effort
Dutch shipping company Tune Chemical Tankers (TCT) has ordered up to four methanol-fuelled chemical tankers at Turkish Tersan Shipyard.
