Green Marine
Concordia Maritime sells P-MAX vessel to improve long-term prospects
Swedish tanker shipping company Concordia Maritime has entered into an agreement for the sale of the 65,000 dwt P-MAX vessel Stena Perros to accelerate the amortization of bank debt.
In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic
Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, l
Driven by robust offshore oil production, demand for shuttle tankers set to rise, Rystad says
Rystad’s analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade.
Fincantieri floats out Viking Neptune
Italian shipbuilder Fincantieri has floated out Viking Neptune, the newest ocean cruise ship of the Swiss cruise line Viking, at its shipyard in Ancona.
VesselsValue acquires Norway’s shipping analyst
The UK-based online valuation and data provider, VesselsValue, has acquired Norwegian shipping research and advisory company, ViaMar.
German partners introduce marine-hydrogen-hybrid project
German hydrogen fuel cell producer Proton Motor Fuel Cell and compatriot electric drive system provider Torqeedo are jointly developing hydrogen hybrid propulsion system building kit for maritime mobility.
Maersk’s APM Terminals accelerates net-zero pledge by a decade
The Netherlands-based terminal operator APM Terminals has decided to bring forward its net-zero greenhouse gas (GHG) emission target to 2040, a decade ahead of its initial 2050 ambition.
EU blocks HHI-DSME merger in long-awaited decision
The European Commission has adopted a decision to prohibit a merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME).
Chevron oil gets unique approval for MAN LNG engines
Chevron HDAX 9700 engine oil has become the first lubricant to gain time-unrestricted approval for use with MAN Energy Solutions’ four-stroke engines running on either LNG or distillate fuels.
Shanghai International Port signs LNG bunkering deal with CMA CGM
Chinese terminal operator Shanghai International Port Group (SIPG) and French shipping major CMA CGM have signed an LNG bunkering service deal.
North Star gets new owner
Private markets firm Partners Group has agreed, on behalf of its clients, to acquire North Star, an operator of specialized vessels that offers emergency response and rescue and essential offshore wind maintenance services, from Basalt Infrastructure Partners. Headquartered in Aberdeen, Scotland, No
Number of ships flying Danish flag set record in 2021
The number of ships flying the Danish flag has set a record in 2021 which means that the country moves up one place on the list of the flag states, Danish Shipping reported.
New Italian LNG bunkering vessel to feature Schottel propulsion systems
German propulsion manufacturer Schottel has won a contract to supply main and auxiliary propulsion systems for the first LNG bunkering vessel of the Italian shipping group Fratelli Cosulich.
Titan LNG picked as LNG, bioLNG supplier for Corsica Linea’s new ferry
Dutch LNG supplier Titan LNG has secured a tender for the delivery of LNG for Corsica Linea’s new Ro-Pax LNG-fuelled ferry, A Galeotta, in the French Port of Marseille.