Green Marine
Jotun reveals a ‘robotic lawnmower’ to keep ships’ hulls free of biofouling
The Norwegian headquartered firm Jotun has developed a solution that can offer shipowners “always clean hulls”, even in the most challenging operations and environments, the company claims. The unique approach named Jotun Hull Skating Solutions combines remotely operated robotic technology, a specia
Optimarin introduces BWT leasing to ease financial stress on ship owners, operators
Norwegian-based ballast water treatment (BWT) specialist Optimarin has launched a leasing option within the BWT segment as a response to the growing need for more flexibility in financing solutions. The company said that the leasing option is the first of its kind in the segment and comes amid chall
Ardmore CEO: A second round of strong tanker rates likely
A global oversupply of oil resulting from lower demand due to the COVID-19 pandemic and high production level has seen the unprecedented shortage of storage capacities translating in high rates for floating storage. Tanker owners have been reporting high earnings for the first quarter of this year a
MAN Energy joins forces with Imabari-led team to develop ammonia-powered ships
German engine builder MAN Energy Solutions has partnered up with Japanese shipbuilder Imabari Shipbuilding, ClassNK classification society, Mitsui E&S Machinery, and energy trading firm of Itochu Corporation, Itochu Enex, on the development of a vessel powered by ammonia. The cooperation builds on t
Construction of Wasaline’s new Clean Design RoPax ferry on track
Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction
Schottel propels six new live fish carriers built by Sefine
German manufacturer of propulsion systems Schottel has secured a deal to deliver propulsion equipment for six new live fish carriers being built by Turkish shipyard Sefine. The vessels feature Salt Ship design and are being built for DESS Aquaculture Shipping AS in Grimstad, Norway. The latest one t
Euronav offloads VLCC oldie
Belgium’s tanker shipping company Euronav has disposed of TI Hellas, one of its older very large crude carriers (VLCCs).
Sustainability and the Triple Helix
By Tom Scott The subject of sustainability in the Dutch maritime sector can be summed in part by looking at the outcome of the IMO meeting in London in April last year. This resulted in the IMO announcing the goal to reduce greenhouse gases by at least 50 per cent by 2050 (compared to 2008 […
Navios Acquisition unveils sale and leasebacks for tanker quartet
Tanker owner and operator Navios Maritime Acquisition Corporation has announced $76.7 million sale and leaseback deals linked to the company’s four product tankers.
SEA Europe: EU maritime fund is needed to spur development of green technologies
As the envisaged transformation of the European waterborne transport would require significant investments, SEA Europe has proposed the creation of a dedicated EU Maritime Fund as an alternative to extending the EU Emission Trading Scheme (ETS) to shipping.
Maritime bodies release plan to resolve crew change crisis
Prompted by the growing crisis affecting around 150,000 seafarers stuck at sea and unable to sign off from their ships, the international maritime bodies have developed a set of protocols aimed at resolving the burning issue. The International Maritime Organization (IMO) has released the protocols i
Euronav posts massive surge in Q1 profit
Antwerp-based tanker shipping company Euronav is reaping large profits from strong underlying tanker dynamics having reported $225.6 million of profit in the first quarter of 2020. The figure is a massive surge when compared to a profit of $19.5 million in Q1 2019. The company’s revenue almost doubl
Hapag-Lloyd CEO: We are well-positioned to weather the storm
The COVID-19 pandemic seems to have shattered the ability of analysts to predict the outlook for the global economy putting a veil of uncertainty on different market prospects including shipping. Predictions are being revised downwards ever more frequently as new metrics and factors are being consid
Baleària eyes COVID-19 safe certification for its ships, terminals
Spanish ferry operator Baleària is working towards being the first shipping line in the world to obtain the Global Safe Site Covid-19 badge at the highest level (Excellence) from the international certification and inspection body Bureau Veritas.