Green Marine
Newly-formed E4C Shipping behind tanker order at Hyundai Mipo
E4C Shipping Pte Ltd, a newly-formed joint venture company, has ordered two medium-range (MR) product tankers from South Korea’s Hyundai Mipo Dockyard (HMD).
Norled’s 4th electric ferry hits the water at Remontowa
Polish shipbuilder Remontowa Shipbuilding has launched the fourth and last hybrid electric passenger-car ferry in the series being built for Norwegian shipowner Norled. The ships, ordered back in 2018, feature LMG 120-DEH design. According to LMG Marin, the design LMG 120-DEH features many energy-ef
Hyundai Mipo Dockyard wins LR approval for ammonia-powered ship
Hyundai Mipo Dockyard (HMD), a shipbuilding unit of Korea Shipbuilding & Offshore Engineering Co., has secured an Approval in Principle (AiP) from Lloyd’s Register for its ammonia-powered design of a 50,000 dwt MR tanker. The shipbuilder has been working on a joint development project of ammonia-bas
Port of Rotterdam feels impact of COVID-19 on cargo volumes
The Dutch Port of Rotterdam, Europe’s largest sea port, saw a 9.1 per cent decrease in its throughput in the first half of 2020 as a result of the economic impact of the COVID-19 pandemic.
Tsakos: We have four ships facing serious engine problems due to poor bunker quality
Seven months into the implementation of the IMO 2020 sulphur cap, which shaped a monumental shift for the shipping industry to less-polluting fuels, the issues with regard to the quality of bunkers persis, despite being sidetracked by the COVID-19 pandemic. Speaking in a recent webinar hosted by Cap
Italy supports new unmanned ship development project
Italy’s Regione Puglia has approved the Integrated Marine Remote Environmental Monitoring (MARIN) project with a total investment of about €6 million over three years.
HHLA, Port of Braunschweig partner up on eco-friendly inland waterway shipping
Last week, HHLA and Hafenbetriebsgesellschaft Braunschweig mbH signed a strategic partnership agreement to promote environmentally friendly transport between Hamburg and the inland port in Lower Saxony.
Kalmar to supply zero-emission RTGs to Safiport Derice in Turkey
Finnish port automation solutions provider Kalmar, part of Cargotec, has won a contract to supply two zero-emission rubber-tyred gantry cranes (RTGs) to Safi Derince International Port in Turkey. Safi Derince International Port is located in the Marmara Region, to the north of the Gulf of Izmit. The
Man Energy Solutions to axe almost 4,000 jobs as part of restructuring measures
Marine engine manufacturing giant MAN Energy Solutions is launching an extensive cost-cutting and restructuring program that will result in the layoff of almost 4,000 people, the company said. The program is being rolled out as MAN Energy Solutions readies for a prolonged period of stagnant sales as
The Poseidon Principles: Can they accelerate the transition to greener vessels?
Shipping is a capital-intensive industry. However, over the past few years, the availability of capital within the sector has shrunk considerably as western banks cut their exposure to the market after struggling with bad shipping loans. Too many regulations, especially those targeting environmental
Survey: Coronavirus pandemic a catalyst for shipping’s digitalization
The coronavirus pandemic is proving to be a catalyst for the digitalization of shipping, prompting ocean supply chain stakeholders to abandon manual processes and embrace automation to drive business growth, a new survey by transport management systems provider Haven Inc shows. The survey found that
Maersk, Mercedes-Benz, Microsoft & others partner up on a net-zero future
Nine companies including A.P. Moller – Maersk, Danone, Mercedes-Benz AG, Microsoft Corp., Natura &Co, NIKE, Starbucks, Unilever, and Wipro, as well as Environmental Defense Fund (EDF) are launching a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as T
Tasmania’s TT-Line scraps deal with Rauma Marine Constructions to build two ferries
Australia’s TT-Line Company has withdrawn from the memorandum of understanding (MOU) with Finnish shipbuilder Rauma Marine Constructions (RMC) for the construction of two ferries.
Wilhelmsen Ship Management takes 50% stake in Ahrenkiel Steamship
Singapore-based ship manager Wilhelmsen Ship Management has acquired 50% stake Ahrenkiel Steamship, a subsidiary of Hamburg-based asset and investment manager MPC Capital AG. The joint venture will operate under the brand Wilhelmsen Ahrenkiel Ship Management in Hamburg and Rhoon, while supported by