Green Marine

GTT gets HSHI tank design order for 3 LNG-fueled container vessels
French LNG containment specialist GTT has received the fuel tank design order for three new LNG-fueled container vessels from the Korean shipyard Hyundai Samho Heavy Industries (HSHI).

Aker Clean Hydrogen, Kuehne+Nagel team up on green container shipping
Aker Clean Hydrogen, a Norwegian integrated clean hydrogen, ammonia and methanol producer, and Kuehne+Nagel, a Switzerland-based sea logistics provider, are joining forces to decarbonize the maritime logistics sector by offering green container transport.

ZIM hires 13 Navios containerships
Israeli shipping company ZIM Integrated Shipping Services has entered into a new charter agreement with Monaco-based shipowner Navios Maritime Partners for a total of thirteen containerships.

Fincantieri, BNP Paribas sign €700M sustainability-linked guarantee facility
Italian shipbuilder Fincantieri and BNP Paribas Italy have finalized an agreement to turn the guarantee line for a maximum amount of €700 million (about $797M) granted by the bank into a sustainability-linked guarantee facility.

Furetank joins LBG development for fossil-free shipping
Furetank joins the development of a new biogas plant producing around 5,000 tonnes of LBG annually as one of the keys to fossil-free shipping.

IMO Secretary-General: What is the pathway to net-zero shipping?
Kitack Lim, Secretary-General at the International Maritime Organization (IM0), has stressed the importance of collaboration across various maritime sectors in order to achieve industry targets for reduced greenhouse gas (GHG) emissions.

GCMD, Global Maritime Forum join forces to accelerate shipping decarbonisation
The Global Centre for Maritime Decarbonisation (GCMD) and the Global Maritime Forum have signed a partnership agreement to support and accelerate the transition of the global maritime industry to a low-carbon future.

Platts introduces LNG-fuel vessels based TCE
S&P Global Platts, an independent energy markets information provider, has launched time charter equivalent (TCE) assessments for Newcastlemax class dry bulk ships using LNG as bunker fuel.

Canada’s Ocean Supercluster launches new biofuels project
Canada’s industry-led transformative cluster Ocean Supercluster has announced its largest project to date, the $65 million Clean Ocean Advanced Biofuels Project.

Eastern Pacific invests in 9 more next-gen startups
Singapore-based shipping company Eastern Pacific Shipping (EPS) has invested in nine more startups in an effort to encourage change in the maritime industry by using a green and technology-driven approach.

Centerline and Vard Marine to design LNG bunker barge
U.S. marine transportation firm Centerline Logistics and North American marine engineering company Vard Marine will jointly develop an Articulated Tug and Barge (ATB) LNG bunker barge.

U-Ming: Sustainability-linked loan to support fleet renewal
Singapore-based Oversea-Chinese Banking Corporation (OCBC Bank) has extended a $70 million sustainability-linked loan with U-Ming Marine Transport Corporation, one of Taiwan’s largest listed bulk carrier companies.

BW Offshore dispatches laid-up Brazilian FPSO to scrap yard
BW Offshore has inked a deal to recycle one of its FPSOs at a yard in India, as part of its strategy to optimise its current asset portfolio.

Erik Thun orders next-gen dry cargo vessels
Swedish shipping company Erik Thun Group has ordered two new dry cargo vessels from Dutch shipyard Ferus Smit in an effort to replace some of the existing vessels with newbuilds.