Green Marine

UltraShip to optimize entire fleet with Wärtsilä FOS
Denmark-based UltraShip has opted for Wärtsilä Fleet Operations Solution (FOS) by Wärtsilä Voyage for its entire fleet of 18 LPG tanker vessels. The contract was signed in Q4 2020 and the roll-out will take place during the first and second quarter of 2021. As part of the contract, Wärtsilä Voyage w

Flex LNG brings forward newbuild delivery
Liquefied natural gas shipping company Flex LNG is expanding its fleet of vessels on the water earlier than planned.

Valenciaport joins World Ports Climate Action Program
Spanish Valenciaport is making its debut in 2021 by joining the club of twelve international ports committed to decarbonisation and emission reduction projects.

Maersk establishes a dedicated team to accelerate decarbonization
Danish container shipping and logistics major A. P. Moller Maersk is setting up a dedicated team to accelerate the company’s decarbonization efforts. Morten Bo Christiansen has been appointed head of the decarbonization team of the company. As explained by Christiansen, the team will focus on speedi

HHLA wraps up acquisition of Italian terminal
HHLA has finalized the acquisition of the majority stake in the multi-function terminal Piattaforma Logistica Trieste (PLT).

Trio teams up on next-gen flow battery tech for zero-emission ships
The partnership targets zero-emission shipping markets with next-generation redox flow batteries.

Antwerp tests 3D sonar sensors for unmanned shipping
The University of Antwerp (UAntwerp) and the Port of Antwerp have been jointly testing 3D sonar sensors — innovative technology for autonomous inland shipping.

Odfjell to issue a sustainability-linked senior unsecured bond
Norwegian shipping and tank terminal company Odfjell SE is planning to issue a sustainability-linked NOK denominated four-year senior unsecured bond. Odfjell said that the bond issuance would follow a series of fixed income investor calls commencing January 11, 2021. The company explained that it ha

Vopak joins feasibility study for shore power use at Port of Rotterdam
Dutch power company Eneco and the Port of Rotterdam Authority, united in Rotterdam Shore Power BV, have agreed with port operator Vopak Terminal Europoort to conduct a feasibility study for the use of shore-based power at the terminal.

Tufton Oceanic reorganizes to seize growth opportunities
UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth.

Scorpio Bulkers changing its name to Eneti
Scorpio Bulkers Inc. intends to change its name to Eneti Inc as part of its transition away from the dry bulk business towards marine-based renewable energy. “The change of the company’s name is subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders o

Trafigura to invest up to €30 million to develop battery energy storage system
Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM

Port of Tyne to cut 700 tonnes of CO2 emissions through its electrification program
Electrification of Port of Tyne’s existing diesel-powered Liebherr mobile harbour crane and diesel-powered Drax Hoppers used for handling bulk material will help the port eliminate 700 tonnes of CO2 emissions in one year, the UK port said. These two initiatives aim to cut the port’s diesel consumpti

Sustainable development to shape Port of Tallinn’s future
In the next five years, Estonian Port of Tallinn will be focusing on the implementation of its vision — to become the most innovative port in the Baltic Sea.