Green Marine

Hapag-Lloyd raises outlook for 2021 reflecting strong performance
German container shipping major Hapag-Lloyd has raised its earnings outlook for the current financial year after posting very strong results in the first nine months of 2021.

Flex LNG secures charter deals for 2 LNG carriers
Norwegian LNG carrier company Flex LNG has secured a pair of time-charter contracts with an undisclosed “energy major.”

IAPH, SGMF team up to enable low & zero-carbon fuels at ports
The International Association of Ports and Harbors (IAPH) and The Society for Gas as a Marine Fuel (SGMF) have teamed up to accelerate progress on provision of low & zero carbon fuels at ports.

Gram Car Carriers launches private placement as PCTC market strengthens
Driven by the strengthening market environment, Norway-based transportation company Gram Car Carriers ASA (GCC) has decided to issue a $110 million equity private placement and begin trading on Euronext Growth.

In focus: Ships, oil & gas platforms to get greener by the day with clean fuels and renewables
Massive investment announcements and ambitious new developments in the energy and shipping sectors marked this week on Offshore Energy (well, together with our Offshore Energy Exhibition & Conference), as work on the global energy transition is moving forward through numerous new initiatives.

Meyer Neptun Engineering, Leibniz Institute partner up on climate-neutral fuels
Meyer Neptune Engineering, a newly founded startup focused on green innovations and part of Germany’s shipbuilder Meyer Group, plans to cooperate with the Leibniz Institute for Catalysis (LIKAT Rostock) to explore climate-neutral fuels.

Oldendorff Carriers orders up to 12 eco-friendly Kamsarmaxes in China
Germany-based dry bulk carrier owner and operator Oldendorff Carriers has signed a contract for two batches of newbuilding contracts for a series of eco-friendly Kamsarmax vessels with Chinese Hantong Shipyard.

Shell, Trafigura, AET and Saudi Aramco invest in Daphne Technology
Daphne Technology, a Swiss climate tech startup addressing the greenhouse gas (GHG) challenge, has attracted investments from industry majors in the second investment round.

Gasum delivers first renewable biogas to Lundin’s OSV
Nordic energy company Gasum has bunkered liquefied biogas (LBG) for the first time to an offshore supply vessel (OSV) owned by Swedish oil firm Lundin Energy.

Germany to promote construction of LNG bunker vessels at local yards
Germany has decided to provide subsidies in order to stimulate the construction of vessels for bunkering liquefied natural gas (LNG) and renewable fuels.

RINA joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
The Royal Institution of Naval Architects (RINA) has signed a partnership agreement with the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), a not-for-profit international research and development center dedicated to the decarbonization of the shipping industry.

Echandia wins order for world’s 1st zero-emission high-speed catamaran
Stockholm-based energy systems provider Echandia has signed an agreement to supply the world’s first emission-free high-speed catamaran with an integrated battery and hydrogen-based fuel cell system.

Wilson takes over part of Rhenus Maritime fleet
Norwegian shortsea operator Wilson ASA has decided to acquire six dry cargo vessels from Germany’s shipping company Rhenus Maritime Services in an effort to strengthen its European presence.

Wightlink sets sights on England’s first all-electric ferry
UK-based ferry company Wightlink has revealed its commitment to make its operations “greener” aiming to operate England’s first fully-electric ferry.