Pacific Basin Shipping Limited, a Hong Kong-listed player in dry bulk shipping, has concluded its $150 million sustainability-linked 3-year senior unsecured committed revolving credit facility. This signifies Pacific Basin’s first foray into sustainability-linked loan facilities, the company said, a
Classification society DNV has awarded Approval in Principle (AiP) to China Merchants Jinling Shipyard (Nanjing) Co. for its 11,000-CEU capacity pure car and truck carrier (PCTC) design.
Hong Kong-based containership owner Seaspan Corporation is entering a new market segment with a pivotal order for up to ten dual-fuel LNG Pure Car and Truck Carrier (PCTC) vessels in partnership with South Korean shipping company Hyundai Glovis. Seaspan has signed the construction contract with Chin
Japanese shipping company Mitsui O.S.K. Lines and Bapco Energies have signed a memorandum of understanding (MoU) for the development of cross-border carbon dioxide (CO2) transport and sequestration.
ERMA FIRST has received approval in principle (AiP) from Norwegian classification society DNV for its amine absorption-based onboard carbon capture (OCC) system.
Marine energy solutions provider KPI OceanConnect, in cooperation with Titan Clean Fuels and SFL Corporation, has completed the first LNG bunkering operation for SFL’s newly built car carrier Emden. The LNG bunkering operation took place in the Port of Emden, KPI OceanConnect informed on December 5.
Japanese conglomerate Sumitomo Corporation and Norwegian RoRo shipping company Höegh Autoliners have joined forces to explore the adoption of clean ammonia as a bunker fuel for Ro-Ro cargo vessels. The agreement targets ports in Singapore and Jacksonville, USA, with plans set to kick in from 2027. T
Finnish technology group Wärtsilä has revealed it will add four new methanol engines to its portfolio, including Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS engines which will be capable of operating on methanol fuel.
Swiss marine power company WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECH’s order of X72DF-A ammonia-fuelled engines. CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) have also signed the agreement for the joint undertakin
The Netherlands-based terminal operator APM Terminals and the UAE-based port developer and operator DP World have formed the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate the journey to zero emissions for container handling equipment (CHE) at ports.
Norwegian equipment provider Kongsberg Maritime has won a contract to supply design, engineering, and equipment for two MGO/biofuel and methanol-ready chemical tankers for Swedish tanker operator Sirius Rederi AB.
The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, alig
Finnish shipping company Viking Line has switched to using only green electricity from renewable energy sources in an effort to reduce up to 780 tons of its annual greenhouse gas (GHG) emissions.
Italian energy player Snam has finalized the acquisition of the floating storage and regasification unit (FSRU) BW Singapore which will be deployed offshore Ravenna, Italy, contributing to the country’s energy security and diversification. On July 6, 2022, Snam and BW LNG signed the agreement for th
