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India commissions 1 MW green hydrogen plant at Kandla Port
Green Marine

India commissions 1 MW green hydrogen plant at Kandla Port

India has commissioned a 1 MW green hydrogen power plant at Kandla Port, marking a step forward in the country’s push toward cleaner maritime infrastructure.

about 1 year ago
LNG
Green Marine

US Coast Guard: Risk assessment now prerequisite for LNG, alternative fuel bunkering

The United States Coast Guard (USCG) has proposed new guidelines to govern the transfer of liquefied natural gas (LNG) and other alternative marine fuels during bunkering operations, warning operators that no transfers may proceed without prior risk assessment. As disclosed, the CG-OES Policy Letter

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about 1 year ago
FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém
Green Marine

FRV taps Envision Energy for large-scale green ammonia project at Port of Pecém

FRV has selected Envision Energy as its strategic partner for H2 Cumbuco, a large-scale green ammonia project located within the renewable hydrogen hub of the Port of Pecém, Brazil.

about 1 year ago
BSM launches its first methanol bunkering simulator
Green Marine

BSM launches its first methanol bunkering simulator

Maritime services company Bernhard Schulte Shipmanagement (BSM), in partnership with technology group Wärtsilä, has launched its first methanol bunkering simulator at Maritime Training Centre in Kochi, India.

about 1 year ago
Axpo
Green Marine

South Korea commits $150B to help revive US shipbuilding

South Korea has pledged $150 billion into a dedicated United States shipbuilding rejuvenation fund, as part of a much larger, $350 billion bilateral trade agreement with Washington. According to the South Korean government, the deal will aim to breathe new life into the American vessel construction

about 1 year ago
CMA CGM
Green Marine

Finnish cleantech company Hycamite receives financial backing from CMA CGM

Hycamite TCD Technologies, a Finland-based cleantech company specializing in low-carbon hydrogen production, has welcomed CMA CGM, a France-based shipping and logistics major, as a new strategic investor.

about 1 year ago
Port of Nigg’s owner passes the baton to Japanese investor
Green Marine

Port of Nigg’s owner passes the baton to Japanese investor

Global Energy Group (GEG) has concluded an agreement with Japanese company Mitsui & Co. for the sale of its group companies, including The Port of Nigg.

about 1 year ago
DHT
Green Marine

DHT Holdings bags financing for future-fit VLCC quartet

Bermuda-headquartered crude oil tanker company DHT Holdings has entered into a $308.4 million senior secured credit facility for the post-delivery financing of four of the company’s newbuilds currently under construction in South Korea. The vessels in question are a quartet of environmentally friend

about 1 year ago
Flotte Hamburg trialling HVO 100 fuel on course for climate neutrality
Green Marine

Flotte Hamburg trialling HVO 100 fuel on course for climate neutrality

Flotte Hamburg (Hamburg Fleet), a wholly owned subsidiary of the Hamburg Port Authority, has decided to trial the use of hydrotreated vegetable oil (HVO 100) as part of its decarbonization strategy.

about 1 year ago
HD KSOE
Green Marine

HD KSOE to construct new dual-fuel LNG boxship duo for Greek shipowner

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a shipbuilding intermediate holding company of HD Hyundai, has been commissioned by Greece-based shipowner Capital to build a new pair of dual-fuel liquefied natural gas (LNG)-powered container vessels. According to Greek shipbrok

about 1 year ago
Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo
Green Marine

Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo

UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.

about 1 year ago
HD Hyundai
Green Marine

HD Hyundai, H-Line Shipping launch joint effort on AI-led autonomous vessel technologies

South Korea’s heavyweight HD Hyundai Group has entered into an agreement with compatriot maritime transport company H-Line Shipping to jointly create AI-backed autonomous, environmentally friendly vessel technology. More specifically, as disclosed, the “Joint Development of AI-Based Autonomous and E

about 1 year ago
MOL names first LNG-powered VLCC for charter with Equinor
Green Marine

MOL names first LNG-powered VLCC for charter with Equinor

Japanese shipping company Mitsui O.S.K. Lines (MOL) has held a naming ceremony for its new LNG-fueled very large crude carrier (VLCC) to be chartered by Norway-based energy giant Equinor.

about 1 year ago
JMU
Green Marine

JMU hands over new energy-efficient 160,000 dwt Suezmax tanker

Yokohama-headquartered shipbuilding player Japan Marine United Corporation (JMU) has passed an environmentally friendly 159,000 dwt Suezmax tanker to its owner. As disclosed, the vessel, which has been christened Ionic Semeli, was delivered on July 23 at JMU’s Tsu shipyard in Mie prefecture. The ves

about 1 year ago