Green Marine
China Navigation changes name to streamline its business
China Navigation Company (CNCo), a ship owning and operating arm of the Swire Group, has been renamed Swire Shipping, as part of a strategy to streamline its brands.
Mermaid Subsea Services takes 50% interest in CSV Millennium 3
Mermaid Subsea Services (Thailand) (MSST) has entered into a memorandum of understanding (MoU) with PT David Marine for the purchase of a 50% ownership share in DP2 construction support vessel Millennium 3.
FSRU Exquisite completes 400th ship-to-ship LNG transfer in Pakistan
FSRU Exquisite, jointly owned by Nakilat and Excelerate Energy, has completed the 400th ship-to-ship transfer of LNG at the Engro Elengy Terminal in Pakistan.
Samsung Heavy lands $1.7 billion order for seven shuttle tankers
South Korean shipbuilding company Samsung Heavy Industries (SHI) has received an order to provide design, parts and blocks for seven shuttle tankers.
Bank of Korea to help Greek shipowner in financing newbuilds
The Export-Import Bank of Korea will provide financing to the Greek Angelicoussis Shipping Group in its large ships orders at Korean shipyards.
IMO: Inclusive innovation is the core of low carbon future
Collaboration and knowledge sharing around innovation are the most effective ways to propel the global maritime industry towards a decarbonized future, according to participants of the three-day IMO-UNEP-Norway Zero- and Low-Emission Innovation Forum.
MOL to order ammonia-fueled engine for ships
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a memorandum of understanding (MoU) with compatriot engineering company Mitsui E&S Machinery and German engine manufacturer MAN Energy Solutions to target the signing of the purchase contract of the ammonia-fuelled main engine for ships.
In focus: Energy transition reels in more oil & gas majors as coal power producer enters offshore renewables market
Another week has gone by not leaving us wanting on energy transition developments, as several updates on renewable energy, clean fuels, decarbonisation, and net-zero strategies made headlines – most notably those from the traditionally fossil fuel-oriented players.
US largest publicly-listed shipping company is born
Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of tanker owner Navios Maritime Acquisition Corporation after securing unitholder approvals.
World Ports Sustainability Program database to be platform for hydrogen-related projects
The International Association of Ports and Harbors (IAPH) plans to collaborate with CEM Global Port Hydrogen Coalition with its World Ports Sustainability Program (WPSP) as the platform to showcase and disseminate hydrogen-related projects in ports.
Another Evergreen’s giant boxship tries its luck through Suez Canal
Ever Act, the sister vessel of one of the world’s largest containerships Ever Ace owned by Taiwanese shipping company Evergreen Marine, has successfully transited the Suez Canal, the canal’s authority revealed.
Counting down to Offshore Energy Exhibition & Conference 2021
In less than two weeks, Offshore Energy Exhibition & Conference 2021 will open its doors! The industry will meet again face-to-face on 26 and 27 October 2021 in RAI Amsterdam.
Baleària to convert Hedy Lamarr ferry to run on LNG
Spanish ferry operator Baleària has started LNG propulsion conversion of the Hedy Lamarr ferry at the West Sea shipyard in Portugal, the last of the six retrofit operations.
Sea Machines’ tug uses biofuel on autonomous journey
To reduce the number of harmful emissions produced during the longest autonomous mission at sea, Sea Machines Robotics is using renewable Hydrotreated Vegetable Oil (HVO) biofuel. Sourced by Bunker One in Denmark, biofuel is powering its autonomous Nellie Bly tugboat. Operating under the project nam