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Green Marine

De Bock Maritiem orders two diesel-electric coasters

Dutch shipping company De Bock Maritiem has signed contracts for the construction of two diesel-electric seagoing vessels that will enable the company to halve its CO2 emissions. The 3,600-tonne vessels were designed by the Dutch Conoship International and they will be built by the Holland Shipyards

about 3 years ago

Green Marine

IMO designates the Mediterranean Sea as an emission control area

The Mediterranean Sea has been designated as an Emission Control Area for Sulphur Oxides and particulate matter at last week’s MEPC 79th session. The designation means that as of 1 May 2025 ships will be required to use marine fuel with reduced sulphur content. The permissible sulphur content will f

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about 3 years ago

Green Marine

Germany’s first LNG terminal launched after ten-month work

Germany’s first floating terminal for importing liquefied natural gas (LNG) in Wilhelmshaven has officially been commissioned for service. On 17 December, German energy major Uniper informed that the terminal was launched and that even before Christmas, LNG will be re-gasified and conveyed via the n

about 3 years ago

Green Marine

K Line hires CO2 carrier newbuilds intended for world’s 1st full-scale CCS project

Japanese shipping major Kawasaki Kisen Kaisha (K Line) has entered into bareboat and time charter contracts with Northern Lights JV DA for two 7,500 m3 liquefied CO2 ships under construction in China. China’s Dalian Shipbuilding Industry Co. (DSIC) launched the construction of the two LNG-powered, w

about 3 years ago

Green Marine

Lubmin LNG terminal receives FSRU as operator expects start-up by the end of month

Floating storage and regasification unit (FSRU) Neptune has arrived at the industrial port of Lubmin in Germany, signalling that the tests can soon begin at the country’s first and so far only privately financed LNG terminal. Deutsche ReGas, the developer of the Lubming LNG terminal, informed that t

about 3 years ago

Green Marine

EU poised to start taxing shipping emissions in 2024

In the final round of talks over the weekend, the EU Council and the European Parliament hammered out a provisional political agreement on legislative proposals of the ‘Fit for 55’ package that aim to further reduce emissions and address their social impacts. The ‘Fit for 55’ package is aimed at ena

about 3 years ago

Green Marine

TECO 2030 receives its first future funnel order

Norway’s cleantech company TECO 2030 has received its first future funnel purchase order, valued at NOK 5.5 million (€0.5 million), from an undisclosed European shipowner. The estimated delivery of the future funnel, TECO 2030 Model 8, is at the end of Q1, the beginning of Q2 2023, and TECO 2030’s t

about 3 years ago

INTOG leasing illustration (Courtesy of Crown Estate Scotland)

Green Marine

In focus: Oil and gas electrification gains ground as offshore energies forge closer ties

Offshore energy industries, which up until recently had little in common, are becoming increasingly intertwined as governments and private sectors step up their game for a more integrated and sustainable energy mix of the future.

about 3 years ago

Green Marine

IMO fails to adopt more ambitious 2050 target

The IMO failed to adopt a concrete shipping decarbonisation target for shipping this week following the Marine Environment Protection Committee (MEPC 79) meeting that ended earlier today. The support from the member countries for eliminating the industry’s emissions by 2050 and for setting interim t

about 3 years ago

Green Marine

Clarksons: 93 pct of car carrier newbuilds LNG capable, 23 pct ammonia/methanol ready

Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets and the resumption of owners’ fleet renewal programmes, including efforts to support manufacturers to become ‘green through the supply chain’. The market recovery is primarily driven by post-covid car trade

about 3 years ago

Green Marine

Digitized, net zero ships at the core of Fincantieri’s new business strategy

Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and

about 3 years ago

Green Marine

Danish Power-to-X flagship project receives IPCEI funding

Ørsted-led Power-to-X project Green Fuels for Denmark has been awarded DKK 600 million (around $86 million) by the Danish Business Authority as part of Denmark’s participation in the Important Project of Common European Interest (IPCEI) programme. The project, which is being developed by Ørsted in p

about 3 years ago

Green Marine

CMA CGM, Shanghai Port join hands to scale up use of cold ironing

French shipping major CMA CGM Group and Shanghai International Port (Group) Co. have inked a long-term strategic collaboration to develop the mass-scale use of cold ironing technology.

about 3 years ago

Green Marine

FSRU arrives in Wilhelmshaven ahead of opening of Germany’s first LNG terminal

A floating storage and regasification unit (FSRU) has arrived in Wilhelmshaven, marking an ‘important milestone’ shortly before the opening of Germany’s first LNG terminal. On 15 December, German energy company Uniper confirmed the arrival of the Höegh Esperanza, the designated FSRU for the Wilhelms

about 3 years ago