Green Marine
Maersk reports record profit amid high freight rates
Danish shipping and logistics giant A.P. Moller – Maersk delivered an exceptionally strong performance in Q1 2021 with a record profit for the quarter.
EU project to trial greener, more efficient rudder
Scotland-based University of Strathclyde has designed a greener, more efficient rudder system that will be demonstrated as part of a €6 million EU-funded research project.
Port of Esbjerg, Atos launch decarbonization project for a carbon-neutral harbour
The Port of Esbjerg, Denmark’s largest port on the North Sea, and France-based information technology company Atos have unveiled a joint co-innovation project to create a carbon-neutral harbour.
Zero-emission concepts by Royal IHC
To realise the company’s vision of zero emissions and a more sustainable future, Royal IHC is actively cooperating with all stakeholders – including national governments, customers and suppliers. IHC is already an active member in joint industry projects such as ZERO JIP, Green Maritime Methanol, an
LNG-fuelled Viking Glory to operate under Finnish flag
Viking Line’s new flagship, Viking Glory, which will enter service in early 2022 on the Turku–Åland–Stockholm route, will fly the Finnish flag, the company said.
VSM: There is a risk of irreversible loss of essential shipbuilding skills
The corona pandemic has further exposed the vulnerabilities of the German and EU shipbuilding sectors, which have already been under massive pressure from the Asian competition. Specifically, German shipbuilders have been predominantly active in the cruise shipbuilding and large yacht building secto
eCap Marine zeroes in on hybridizing ships
eCap Marine, a recently created company through the merger of the maritime business of eCap Mobility and Hybrid Port Energy, a Becker Marine Systems’ subsidiary, is seizing on the market demand for green energy technologies onboard ships. Namely, the company, officially launched on January 1, 2021,
EPS charters LNG-fueled newbuilds to Rio Tinto
Singapore-based tonnage provider Eastern Pacific Shipping (EPS) has signed a charter deal with Rio Tinto for up to six LNG dual-fuel Newcastlemax bulkers.
Total wraps up France’s 1st ship-to-containership LNG bunkering
French major Total has completed what is called the first ship-to-containership LNG bunkering operation in France.
Titan LNG lines up new bunkering vessel
Titan LNG, a Dutch independent supplier of LNG as a marine fuel launched a development tender for a new LNG bunkering barge, Titan Krios.
BIMCO: Steady rise in scrubber-fitted ships backs demand for HSFO
In the first quarter of 2021, high-sulphur fuel oil (HSFO) has been the only bunker fuel to experience year-on-year growth in Singapore, the world’s largest bunkering hub, data from BIMCO shows. HSFO sales are up 47.2% from Q1 2020, reaching 3.1 million tonnes. This is, however, still less than a th
MSC rolls out new electronic Bill of Lading
MSC Mediterranean Shipping Company is introducing an electronic bill of lading (eBL) for its customers, following a successful pilot phase. The company is using a solution on an independent blockchain platform WAVE BL. The system uses distributed ledger technology to ensure that all parties involved
Icelandic maritime start-up secures fresh funding
Icelandic maritime start-up Hefring ehf. has successfully closed a financing round led by the New Business Venture Fund with the participation of Innoport and TechNexus.
In focus: In pursuit of carbon-neutrality – the holy grail of energy transition
In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ