Green Marine
CGN orders Wärtsilä engines for hybrid ferries
The Finnish technology group Wärtsilä has been selected to supply the engines and related emissions control after-treatment systems for two CGN hybrid ferries.
Marine Benchmark: Shipping’s CO2 emissions to rise despite efficiency gains
Global CO2 emissions will continue to rise and track fleet growth, a new analysis by Swedish big data firm Marine Benchmark shows.
UK outlines £12 billion plan to spark ‘green industrial revolution’
UK Prime Minister Boris Johnson has released a £12 billion plan for a ‘green industrial revolution’ that is expected to support up to 250,000 jobs.
Gasum, Equinor extend LNG bunkering deal to ARA region
The Nordic energy company Gasum has extended its LNG bunkering services to the ARA region with its new deal with Equinor.
Maersk delivers strong Q3 result, raises 2020 guidance
Danish container shipping major A.P. Moller – Maersk managed to grow earnings and cash flow in the third quarter of this year, despite the negative effect on global economies of the COVID-19 pandemic.
Environmentalists blast UN for lack of ambition as IMO adopts GHG reduction measures
The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments
ABB to supply power and propulsion systems for 5 Fincantieri-built ships
Technology company ABB has secured an order worth around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships being built by Italian shipbuilder Fincantieri
Grieg Star creates innovation spin-off with sustainability in mind
Norwegian shipowner Grieg Star has set up a separate company, named Grieg Edge, to drive innovations within sustainable maritime services.
DCSA, BIC make progress in standardizing container facility identification
BIC and DCS said they have completed their collaboration to standardize the codes used to identify facilities such as depots, container yards, M&R vendors and other supply chain container facilities.
CDB Leasing splashes $137 million on Oldendorff’s sextet
Hong Kong-listed China Development Bank Financial Leasing is buying six vessels from German shipowner Oldendorff Carriers GmbH & Co for $137 million. The vessels include six 60,000-ton bulkers, CDB Leasing said, adding that upon the completion of the transaction the vessels would be leased back to O
Scorpio Bulkers nets $101.5 million as it kicks up a notch its bulker selling spree
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million. The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a
Port of Gothenburg spearheads project on cutting emissions at construction sites
The Gothenburg Port Authority wants to cut carbon emissions at the port by promoting the use of greener construction equipment and methods in future construction projects. The port announced plans to include new procurement stipulations for selected contracts in order to cut carbon emissions at the
Argus, DNV GL partner up on 1st database of ammonia terminals
Energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform, a website that provides information about and promotes the use of alternative fuels.
EU adds 4 more ship-recycling facilities to its list as UK yards face Brexit-related removal
The European Commission has added new yards to the European List of ship recycling facilities suitable for the dismantling of EU-flagged vessels in an environmentally-friendly way. These include two European yards and two more yards in Turkey. “With the addition of these new yards, ship owners of EU