Green Marine
SFL offloads seven handysizes in fleet renewal push
Bermuda-based ship owner and charterer SFL Corporation has revealed that it will sell its seven handysize dry bulk vessels to an unnamed Asian buyer for approximately $100 million.
Maersk CEO demands end date for fossil fuel use in shipping
Søren Skou, CEO of the world’s biggest container shipping company Maersk, has called on the UN maritime body to determine the end date for the use of fossil fuels in the shipping industry.
Carnival Corporation wants to build zero-emission ships by 2050
Carnival Corporation, the world’s largest cruise company, confirmed its aspirations to build zero-emission ships by 2050 that will be operated globally by its nine cruise line brands.
CMA CGM invests in Brittany Ferries to support its post-Covid recovery
France’s shipping giant CMA CGM has agreed to make a €25 million (US$29.5 million) investment in compatriot Brittany Ferries, including €10 million (US$11.8 million) in quasi-equity to support the company’s post-Covid recovery.
Industry bodies want better standards for dangerous goods transport, storage
The International Cargo Handling Coordination Association and the International Vessel Operators Dangerous Goods Association (IVODGA) have signed a memorandum of understanding (MoU) to tackle safety issues of dangerous goods, storage and transport.
World’s 1st LNG-fueled VLCC wraps up sea trials
Dalian Shipbuilding (DSCI), a subsidiary of China State Shipbuilding Corporation, said the world’s first LNG-fueled very large crude carrier (VLCC) has completed its sea trials in Chinese waters.
ABS rolls out industry 1st simulation decarbonization service
In an industry first, classification society ABS has launched a service using sophisticated modeling and simulation technologies to assess the impact of a wide range of vessel decarbonization technologies at the design stage as well as simplifying EEXI and CII compliance.
MOL orders 4 LNG carriers to serve Novatek
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has signed charter deals with Novatek Gas and Power Asia, a subsidiary of Russia’s PAO Novatek for four newbuilding liquefied natural gas (LNG) carriers.
Samsung Heavy eyes Russian icebreaking LNG carriers order
South Korean shipbuilder Samsung Heavy Industries has been in talks with Russian contractors to build icebreaking LNG carriers for $2.6 billion.
GEV gets WA renewable hydrogen grant
Australian energy transition company Global Energy Ventures has secured funding support to evaluate the technical and commercial feasibility of exporting green hydrogen from the Gascoyne to Asia-Pacific using its compressed hydrogen shipping solution.
North America’s 1st all-electric car ferries start voyage home
The first, fully-electric road ferries to sail in North America are now on their way from Damen Shipyards Galati, Romania, to Lake Ontario, Canada, to begin operations, the shipbuilder said.
Ecochlor secures IMO BWMS Code type approval
Boston-headquartered provider of ballast water treatment (BWT) solutions Ecochlor has received IMO BWMS Code type approval for its EcoOne and EcoOne Hybrid systems from the Norwegian Maritime Authority.
TECO 2030 wins tax relief grant for CCS development
Norwegian engineering and equipment development company TECO 2030 has been granted up to NOK 4 million ($462,300) in tax relief as indirect government support for developing carbon capture solutions (CCS).
Ocean Yield to get new owner
Octopus Bidco AS, a company owned by funds advised by American investment company Kohlberg Kravis Roberts & Co. L.P. (KKR) and its affiliates, has initiated the process to acquire Norwegian shipowner Ocean Yield ASA.