Green Marine

Ponant’s LNG-powered vessel nearing delivery
The French cruise line Ponant has reached a new milestone in the construction of its LNG-powered hybrid electric polar exploration vessel.

One quarter of tanker fleet to be over 20 years old by 2023
More than 25% of the active tanker fleet, i.e., one quarter, is set to reach 20 years of age by 2023, creating quite a scrapping candidate list going forward. Data from VesselsValue shows that of the 13, 211 tankers in its data base, including small tankers, over 3,000 are 20 years old and older. Co

Hapag-Lloyd cuts sulphur oxide emissions by 70 pct in 2020
German container shipping major Hapag-Lloyd reduced its sulphur-oxide emissions by roughly 70 per cent in 2020 compared to 2019, a newly released report shows.

Viking Grace completes test run of Norsepower’s rotor sail
Viking Line’s passenger ship Viking Grace has completed the trial testing of the rotor sail technology developed by Finland-based clean tech company Norsepower.

Seven industry partners launch Maritime Technologies Forum
Seven flag states and classification societies have united to launch the Maritime Technologies Forum (MTF) which will seek to bridge the gap between technology knowledge and regulatory process.

Wärtsilä secures maintenance deal for Latsco’s LNG carrier duo
The Finnish technology group Wärtsilä has secured a maintenance deal for two Latsco LNG Marine Management’s LNG carriers.

Maersk raises full-year guidance as it rides exceptional market
Industry heavyweight A.P. Møller – Mærsk A/S has lifted market guidance for the full year of 2021 citing an exceptional market situation in the container shipping sector. The company is now forecasting an underlying EBITDA in the range of $13-15bn from the previously guided $8.5-10.5bn and underlyin

Höegh Autoliners plans to have its 1st zero-carbon ready car carrier by 2023
Norwegian RoRo shipping company Höegh Autoliners launched today its Aurora Class of vessels as part of its decarbonization efforts. The ships will be zero-carbon ready and designed for 9,100 car equivalent units, making them the world’s largest car carriers. The company has entered into a Memorandum

Costamare takes York Capital’s stake in five 11,000 TEU boxships
Greek shipping company Costamare Inc. has acquired York Capital’s 60% equity interest, on average, in five 11,000 TEU containerships.

IMechE: UK Govt should back development of a demonstration ship fitted with sails
The Institution of Mechanical Engineers (IMechE), a registered charity in England and Wales, has called on the U.K. Government to support the development of a demonstration ship with retro-fitted sails. Fitting sails to cargo ships and sailing more slowly could reduce greenhouse gas emissions from t

Høglund tech deployed on Norway’s 1st LNG bunkering ship
Marine solutions provider Høglund Marine Solutions has supplied systems and supported the commissioning of Norway’s first LNG bunkering unit following successful gas and sea trials.

Wärtsilä gets AiP for LCO2 cargo containment system
Wärtsilä Gas Solutions, a unit of Finnish technology group Wärtsilä, has developed a cargo tank design suitable for liquid CO2 carrier (LCO2) applications, which was recently awarded approval in principle (AiP) by the classification society DNV.

Plug and Play to launch 1st maritime platform in Antwerp
Innovation platform, Plug and Play, together with founding partners Euronav, CMB, Port of Antwerp, City of Antwerp, and DXC Technology, has announced the launch of their first maritime program in Antwerp, Belgium.

The key role of hydrogen in the decarbonization puzzle
Hydrogen has been assigned a major role in the maritime decarbonization puzzle, as it promises to be a cost-effective green alternative for large ocean-going vessels. “Hydrogen and Fuel Cells (FCs) for maritime transport have been demonstrated in numerous pilot vessels over the last two decades. Rec