Voyage optimization can reduce emissions by 7.3% and extend CII compliance by up to three years, according to the findings of a study conducted by maritime software and data analysis expert NAPA and classification society ClassNK with Marubeni Corporation. The joint research was carried out using NA
Pacific Gas and Electric Company (PG&E) has partnered with Angel Island-Tiburon Ferry Company (Angel Island Ferry) to launch California’s first zero-emission electric ferry.
South Korean shipping company HMM has signed newbuilding contracts with compatriot Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. The company confirmed to our newsdesk that it was looking into
Cédric Rosemont, newly appointed CEO of Traxens, explains in an interview how smart containers can help shipping become greener.
The number of wind-installed vessels is set to double in the next twelve months, according to estimates from the International Windship Association (IWSA). At the moment, the wind-assisted cargo capacity is standing at 1.4 million dwt with 22 large ships installed, 2 wind-ready ships, and a further
Classification society RINA has signed a Memorandum of Understanding (MoU) with Swiss-based technology developer ABB with the aim to develop new concepts to reduce emissions in shipping for various vessel types.
Norwegian company YSA Design has become the latest member of a consortium led by Northern Xplorer, a recently established Norwegian cruise venture, that aims to build the world’s first zero-emission cruise ship.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured a contract to build one liquefied natural gas (LNG) carrier which represents the shipbuilder’s first order in 2023. Under the contract worth 314.5 billion won (around $248 million), DSME will build the LNG carrier f
Belgian tanker shipping major Euronav has proposed to expand the membership of its Supervisory Board and to revise its structure, in line with the recent shifts in the company’s shareholder base. Namely, Famatown and its affiliated companies, controlled by shipping tycoon John Fredriksen, have built
Japan’s shipping company Mitsui O.S.K. Lines (MOL) has decided to integrate two ferry and coastal RORO vessel operating companies, MOL Ferry Co. and Ferry Sunflower Limited.
Swiss-based container shipping major MSC Mediterranean Shipping Company has accepted a proposal to jointly fund a settlement with claimants relating to the 2021 Orange County pipeline oil spill. The oil spill resulted in the discharge of approximately 25,000 gallons of crude oil in October 2021 duri
Portugal’s biofuel producer PRIO has joined forces with Norwegian Cruise Line to complete the first test with advanced biofuels produced and supplied in Portugal.
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has entered into an agreement to acquire six 208,000 dwt vessels equipped with exhaust gas cleaning systems (scrubbers) for a total of $291 million. GOGL said that the newly-acquired vessels will be chartered back to their former owner, the
As the world faces new challenges in 2023, offshore energy industries are making new plans to deliver on the net-zero target. In addition to marine energy, the fast-growing offshore wind sector is also finding its place among oil and gas players. Example number one: SSE Renewables and Equinor, the d
