Green Marine
World Maritime Theme 2022 centered around green technologies
“New technologies for greener shipping” has been chosen as the World Maritime theme for 2022, reflecting the need to support a green transition of the maritime sector into a sustainable future, while leaving no one behind, the International Maritime Organization (IMO) said.
Waste-carrying tug boats to run on biofuel
London-based waste management company Cory has revealed that its entire fleet of tugs will convert to low carbon biofuel.
Avance Gas agrees sustainability-linked loan for dual-fuel LPG duo
Bermuda and Norway-based shipping firm Avance Gas Holding has signed and completed a $104 million sustainability-linked term facility with a bank syndicate.
Shipping company on the list of EU’s top 10 CO2 emitters
Swiss container shipping giant Mediterranean Shipping Company (MSC) is among “Europe’s top 10 climate polluters,” according to the Transport & Environment (T&E) report.
Safe Bulkers invests in new eco-efficient Kamsarmax
Monaco-headquartered dry bulk owner Safe Bulkers has acquired a Japanese-built 82,000 dwt, dry bulk newbuild vessel.
Drewry: Carrier profits close in on $100 billion
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50%, UK-based shipping consultancy Drewry believes. The profit surge is driven by huge operational disruptions as ports battle congestion and lack of equipmen
Berge Bulk, GoodFuels trial biofuel on bulk carrier
Dutch marine biofuels supplier GoodFuels and bulker owner and operator Berge Bulk have successfully carried out the first marine biofuel trial on a dry bulk carrier.
Yara moves into fuel optimization business with Lean Marine takeover
Norwegian exhaust gas production firm Yara Marine Technologies has acquired Lean Marine, a company specializing in automated fuel-saving and performance management solutions for vessels. The move is in line with the company’s expansion plans beyond scrubbers, a market that took a major plunge during
Hyundai Samho orders LNG carrier tank design from GTT
French LNG containment specialist GTT has received an order from the Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of a new LNG carrier.
Euronav, partners launch JDP for ammonia-fueled vessels
Belgium-based tanker shipping company Euronav, Hyundai Heavy Industries (HHI), classification societies Lloyd’s Register and DNV have sealed a joint development project (JDP) for the development of ammonia-fitted vessels.
Germany wins EU funding for sustainable inland shipping program
The European Commission has approved a €131 million German scheme to support “the sustainable modernization” of inland waterway fleets in Germany.
Two more Tallink ships switch to shore power
Since 1 July, Tallink Grupp’s vessels Silja Europa and Baltic Queen have switched to using shore power at the Port of Tallinn’s Old City Harbour during their port stays.
Navig8 inks sale and leaseback deal for chemical tankers
Norway-listed tanker company Navig8 Chemical Tankers has entered into sale and leaseback agreements with Chinese Jiangsu Financial Leasing (JFL) for four chemical tankers.
CMA CGM, Elengy & others to study production of BioLNG
French liner major CMA CGM has teamed up with EveRé, operator of the multi-process household waste treatment plant, Elengy, a subsidiary of Engie, and TotalEnergies to study the feasibility of creating France’s first production unit for liquefied biomethane (BioLNG). BioLNG, a low-carbon alternative