Green Marine

Green methanol-fueled VLCC wins AiP from CCS, DNV
The green methanol-powered very large crude carrier (VLCC) ship concept jointly developed by COSCO SHIPPING Energy and CSSC’s Dalian Shipbuilding Industry Corporation (DSIC) has received approval in principle (AIP) from two classification societies.

Cryosafe and C-LNG team up for clean fuels projects
UK-based clean fuels service provider Cryosafe Services and Singapore-based marine engineering firm C-LNG have signed a deal for clean fuels projects in China and Singapore.

Port of Antwerp takes next step towards halving CO2 emissions
Antwerp@C project, which aims to cut CO2 emissions within the Port of Antwerp’s perimeters by 50% by 2030, has entered its engineering phase with a final investment decision expected by the end of 2022.

Hydrogen production study for new Edison plant in Porto Marghera
Edison, Eni and Ansaldo Energia will jointly launch a feasibility study for the production of green and blue hydrogen for the new Edison plant in Porto Marghera.

Stolt Tankers invests in reforestation projects as part of decarbonization drive
Stolt Tankers Joint Service (STJS) Pool, together with its partners NYK Line, Tufton, and Farvatn Capital, have donated $100,000 to One Tree Planted and We Forest, two non-profit organisations that focus on managing reforestation, carbon absorption and environmental impact projects.

Finland: New project aims to build climate-neutral cruise ship
Finnish shipbuilder Meyer Turku is leading a project that aims to develop carbon-neutral and sustainable technological solutions for cruise ships through an extensive partnership network.

KSOE bags $217M LNG carrier order
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) has secured an order from an undisclosed client for a liquefied natural gas (LNG) carrier.

Exposure loss for vehicle owners onboard Felicity Ace estimated at $155M
A fire on the Felicity Ace car carrier off Azores Islands is likely to generate at least $155 million in expected losses for Volkswagen, Porsche, Audi and Lamborghini vehicles on board the vessel, the analysis from risk modelling company Russell showed.

BG Freight opts for Value Maritime’s filtering and CO2 capture system
Dutch logistics services provider BG Freight Line has committed to reducing carbon emissions by installing Value Maritime’s Filtree and carbon capture system onboard two of its container vessels.

Hurtigruten initiates its largest environmental ship upgrade program
Norwegian Hurtigruten has begun its environmental ship upgrade program, said to be the largest in its history, to cut CO2 emissions and pursue the zero-emissions goal.

EU fund buys majority stake in Jifmar Offshore Services
European infrastructure fund Marguerite II is set to acquire a 65% stake in France’s Jifmar Offshore Services from RAISE Investissement. Marguerite said it aims to support Jifmar in its transition to next-generation offshore service vessels operations to address the decarbonization challenges of the

Valencia port to host autonomous container transport system
The Port Authority of Valencia (APV) has approved the concession of land for the installation of the prototype of the Sustainable Electric Freight-forwarder (SELF) autonomous container transport system in the Port of Sagunto.

SITC welcomes first dual-fuel LNG-powered boxship
Chinese shipping company SITC International Holdings (SITC) has welcomed its first dual-fuel liquefied natural gas- (LNG) powered containership.

COVE: Nova Scotia ready for vessel electrification
A new study by the Centre for Ocean Ventures & Entrepreneurship (COVE) has shown that Nova Scotia’s ocean sector has significant market potential to develop and deliver vessel electrification and associated technologies.