Green Marine
Seanergy Maritime says its Capesizes meet 2030 GHG requirements
Athens-based pure-play Capesize vessel owner Seanergy Maritime Holdings Corp. announced that its existing fleet will remain compliant with applicable greenhouse gas (GHG) regulatory requirements until 2030 with no material cost for the company. The conclusion comes on the back of an evaluation of th
Maersk ends year with record quarterly results, expects strong Q1 amid demand surge
A.P. Moller – Maersk, the world’s largest container carrier, has ended 2020 on a strong note despite the impact of COVID-19. The company’s underlying earnings before interest, tax, depreciation and amortisation (EBITDA) grew 44 pct. to $8.2bn and revenue grew to $39.7bn in 2020 compared to $38.9bn i
Maersk sues Glencore over bad bunkers
Danish logistics giant Maersk has filed a lawsuit against commodity trader Glencore Ltd over contaminated bunker fuel supplied to two of its containerships. Based on the court documents filed on Friday, February 5, with the New York District Court, Maersk is seeking compensation worth $6 million for
NGO Shipbreaking calls on EU to investigate fatalities at Turkish recycling yards
NGO Shipbreaking Platform is calling on the European Union to investigate incidents that claimed two lives at Turkish ship recycling yards that are included in the EU List of approved ship recycling facilities. According to the NGO, on 3 October 2020, a worker lost his life during the scrapping of
Wärtsilä’s hybrid solution picked for new Ro-Ro ferry
The Finnish technology group Wärtsilä’s has been contracted to deliver its advanced hybrid solution for a new Canadian ferry.
Yara creates Clean Ammonia unit
Norwegian fertilizer company Yara International ASA revealed it is taking further steps to enable the hydrogen economy by establishing a new global unit – Yara Clean Ammonia.
Höegh LNG extends Trafigura, Cheniere charter deals
Norwegian floating LNG player Höegh LNG, has secured charter extensions of its current interim LNG carrier deals with Trafigura and Cheniere.
Hapag-Lloyd secures green financing for six LNG-powered newbuilds
German liner company Hapag-Lloyd has concluded two green financial deals worth a total of $889 million. The financing will be used for six ultra-large 23,500 TEU container ships, which were ordered in December 2020. The company said that the two deals include debut transactions according to the Gree
ESL Shipping, Meriaura, others team up on Finnish E-fuel project
Finnish shipping companies ESL Shipping and Meriaura are participating in a consortium that recently launched the E-fuel research project in Finland.
TECO 2030, Thecla Bodewes Shipyards team up on hydrogen fuel cells
TECO 2030, an Oslo-based engineering and equipment development company, has partnered up with Thecla Bodewes Shipyards in Holland to develop zero-emission hydrogen-based fuel cell propulsion. The partners are set to focus on all types of river going vessels, such as push tugs, dredgers, passenger an
d’Amico buys leased MR tanker
d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping S.A. (DIS), has exercised its purchase option on the MT High Priority, a 46,847 dwt MR product tanker.
Windship Technology unveils ‘Tesla of the Seas’ solution, teams up with DNV GL
UK-based Windship Technology has unveiled its zero-emission ship design and announced an investment partnership with DNV GL, one of the world’s leading classification agencies. The vessel design features a patented triple-wing rig as well as a new diesel-electric ship drive system that eliminates CO
New CEO to lead next phase of Hamburg Süd’s integration
German container shipping company Hamburg Süd, part of Maersk Line, has appointed new chief executive officer (CEO) to lead the next step of the carrier’s integration. As informed, long-serving Hamburg Süd executive Poul Hestbaek, who is currently the company’s chief commercial officer (CCO), will t
Stena Line to order 1st fossil-free ship by 2025
Swedish ferry company Stena Line plans to start operating two fossil-free battery powered vessels on the route between Gothenburg and Frederikshavn in Denmark no later than 2030.