Green Marine

MSC, Oldendorff Carriers join Methanol Institute
Swiss shipping major MSC Group and German dry bulk shipping company have become the newest members of the Methanol Institute (MI).

Fuel(s) for thought – a decade of IMO mandatory rules
The International Maritime Organisation (IMO) marks a turbulent 10-year period of action on cutting greenhouse gas emissions from shipping with the latest measures being adopted at IMO’s Marine Environment Protection Committee (MEPC 76).

Viking marks float out of newest cruise ship
The Swiss cruise line Viking Cruises has announced that its cruise vessel Viking Mars was lowered into the sea from the Fincantieri Ancona shipyard in Italy.

Grimaldi forms company in Spain to buy Armas ships, terminals
The Italian shipping company Grimaldi Group and its Spanish counterpart Armas Trasmediterránea Group have reached a definitive agreement for the sale of ships and port terminals.

LNG-fueled Fure Viten completes bunkering operation
Fure Viten, Swedish shipowner Furetank’s LNG-powered tanker, has completed a bunkering operation in Malaysia as part of its maiden voyage from China to Europe.

Taylor Maritime eyes up to 6 Handies with $75M capital raise
The UK-based dry bulk shipping company Taylor Maritime Investments is looking to acquire up to six Handysize vessels as it plans to raise $75 million via a proposed non pre-emptive placing of new ordinary shares.

ESL Shipping starts another virtual arrival trial to cut CO2 emissions
Finnish shipping company ESL Shipping, compatriot steel producer SSAB and the Port of Oxelösund have started a virtual arrival trial in the Luleå-Oxelösund traffic after the first couple of arrivals have resulted in reductions in consumption and CO2 emissions.

FSRU Transgas Power delivered to Dynagas
Chinese shipbuilding major Hudong-Zhonghua has delivered Transgas Power, the first FSRU it is building for Greek shipping company Dynagas.

In focus: Oil & gas players taking lead roles in energy transition
A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies’ new moves in both of those, and more.

Norwegian duo to build 1st ammonia bunkering terminals
Two Norway-based companies have launched a joint venture to fill an existing gap in the ammonia fuel value chain by developing ammonia ship bunkering infrastructure technology, products and services.

MINSHIP, Auerbach form joint ship management firm
Germany’s bulk operator MINSHIP Shipmanagement and compatriot multipurpose (MPP) vessel specialist Auerbach Schifffahrt have decided to join forces to create a consolidated ship management company.

MSC, Shell partner up to accelerate maritime decarbonization
Swiss shipping major Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited, a subsidiary of energy major Shell, have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector.

Schottel propulsion for new eco-friendly asphalt carrier
German propulsion expert Schottel has been selected to provide azimuth thrusters for a new bitumen tanker ordered by France-based company Rubis Group.

EU revises ETS to include shipping sector
In a new climate plan, the European Commission has proposed to extend the scope of the EU’s Emissions Trading System to cover CO2 emissions from ships.