Green Marine
PowerGlobe in search for LNG carrier to support Croatia deal
Qatar’s PowerGlobe is looking to charter an LNG carrier to support its newly booked capacity at Croatia’s first import terminal on the island of Krk. The energy arm of privately-held Optimized Holding said in a statement it plans to charter the LNG vessel for a period of ten years. PowerGlobe did no
UMAS, EDF: IMO needs to have ‘right rules’ for alternative fuels to truly drive shipping’s decarbonisation
The international shipping industry will fail to tackle its global greenhouse gas (GHG) emissions unless it puts in place rules that truly reflect the climate impact of shipping fuels, a new report finds.
Spanish port in first LNG bunkering
Spanish port of Denia recently hosted its first liquefied natural gas bunkering operation supplying the fuel to Balearia’s ferry. The operation took place last Wednesday at the port located in Spain’s Alicante province, south of Valencia. Balearia’s converted ferry Bahama Mama bunkered the fuel via
Ardmore turns down Hafnia’s acquisition proposal
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 dead
Klaveness Combination Carriers nets green financing for its two newbuilds
Oslo-listed Klaveness Combination Carriers ASA has secured a $60 million green loan for the financing of the seventh and eight CLEANBU vessels with delivery in 2021. The loan is linked to the company’s sustainability perfomance and is being provided by Nordea, acting as coordinator and bookruner, wi
Damen delivers five zero-emission ferries to Arriva
Damen Shipyards Group has delivered five zero-emission ferries to Arriva Denmark in Copenhagen, which is operating the vessels on behalf of Danish public transport agency Movia.
Baleària teams up with Global Ports Holding on new passenger terminal in Valencia
Spanish ferry operator Baleària has submitted a bid for the construction and operation of the new passenger terminal in the Port of Valencia, with the support of cruise terminal operator Global Ports Holding (GPH).
Flex inks new charter deals as LNG fleet count rises
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the
Maersk to acquire Swedish customs service specialist
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed at bolstering Maersk’s capabilities as an integrated container logistics company.
Germany suspends Kiel Canal traffic dues to boost waterway’s competitiveness
Germany’s government has taken a decision to waive the Kiel Canal traffic dues until 31 December 2020.
11 industry majors pave way for accelerating energy transition
Eleven industry majors including AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric, Total and Wärtsilä have formed a coalition for the energy of the future. The coalition aims to accelerate the
ESPO: EU taxonomy should recognise ports’ decarbonisation, greening strategies
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions.
Report: Ports can be front runners of energy transition
Ports can play a pivotal role in the world’s decarbonization challenge by becoming renewable energy hubs, increasing their electricity generating capacity more than tenfold in the next 30 years with the help of offshore wind and hydrogen, a new report from DNV GL finds. By 2050, the total electricit
Hyundai Glovis bags major car shipping deal with Volkswagen
South Korean Hyundai Glovis has signed a five-year contract with Europe’s largest automaker Volkswagen Group for the sea transport of the entire volume of finished cars exported from Europe to China. The deal was signed with Volkswagen Konzernlogistik, a logistics subsidiary of Volkswagen Group, and