Green Marine

Costamare steps in dry bulk shipping sector
Greek containership company, Costamare, has entered dry bulk shipping market with the acquisition of 16 dry bulk vessels which are currently operating in the spot market.

Clock still stopped on EU probe of Hyundai-DSME-merger
The in-depth investigation into the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) by Hyundai Heavy Industries Holdings (HHIH) remains stopped in the EU. Based on the official information on the EU Commission’s website, the provisional deadline for the completion of the probe was sto

New consortium eyes bunkering station on Bornholm
Bornholm Bunker Hub, a new international shipping consortium, has been launched to explore possibilities of establishing a bunkering station with green marine fuel on Bornholm.

TECO 2030: IMO needs to recognize carbon capture as a means to cut shipping emissions
Norwegian engineering company TECO 2030 has urged the International Maritime Organization (IMO) to recognize the role carbon capture will play in reducing greenhouse gas (GHG) emissions from international shipping, as not enough vessels will undergo fuel switches to meet the climate targets.

Donsötank Rederi’s 2nd LNG-fueled tanker hits the water at Wuhu Shipyard
Rederi AB Donsötank, a Swedish family-owned shipowner, has launched its second LNG-powered oil products and chemical tanker at Chinese Wuhu Shipyard Co. Named M/T Pacifico, the ice-strengthened ship, will featuring ice class 1A, and will have shore-connection for port operations, prepared for 1000 k

CMA CGM inks five-year innovation deal with CNES
Containership giant CMA CGM Group has signed a five-year agreement with the French National Centre for Space Studies (CNES) to identify, design and develop innovative solutions for the shipping, logistics and space industries.

Schram picks eConowind’s VentiFoil for cargo ship
Dutch shipping company Schram Shipping has signed a contract with compatriot wind propulsion solutions provider eConowind for new wind-assist installation.

In focus: Challenge accepted by oil major while Norway answers offshore wind calls
As the energy transition is unravelling, the industry is paving the way to net-zero by pushing for further emission cuts and new fuels and vessels.

New maritime forum M7 meets for 1st time
Shipping association representatives from G7 countries along with Australia, India, South Korea and South Africa have created a new shipping association, M7 with the first meeting organized by the UK Chamber of Shipping.

Stolt, Tufton form chemical tanker pool, seal decarbonization deal
Stolt Tankers and Tufton Investment Limited have teamed up to create a chemical carrier pool and cooperate in the field of decarbonization and sustainability.

Norway boosts IMO’s GreenVoyage2050 GHG project with $1.75 million grant
The IMO-Norway GreenVoyage2050 project has been granted 14.5 million NOK ($1.75 million) in additional funding by Norwegian government to support the path to decarbonization in the shipping sector.

Astomos buys carbon-neutral LPG from Shell
Japan’s Astomos Energy Corporation has signed an agreement to purchase carbon-neutral liquefied petroleum gas (LPG) from Shell.

All eyes on IMO MEPC 76
A key meeting of IMO’s Marine Environment Protection Committee (MEPC 76), set to adopt greenhouse gas emissions (GHG) cutting measures, has begun.

TotalEnergies looks into ammonia as marine fuel
French energy major TotalEnergies explores ammonia as an alternative marine fuel by participating in a series of relevant industry initiatives.