Green Marine

Suez Canal Container Terminal benefits from $60M upgrade
A total of $60 million has been invested in several major upgrade projects at Suez Canal Container Terminal, a key hub terminal in the South and East Mediterranean region.

BIMCO: 381 boxships ordered worldwide in 2021
Shipowners are enjoying a cash-rich period despite coronavirus challenges and continue investing in new vessels.

BW LPG to retrofit six VLGCs with LPG propulsion
Singapore-based owner and operator of LPG vessels BW LPG has revealed that it plans to retrofit six of its very large gas carriers (VLGCs) to liquified petroleum gas (LPG) propulsion.

Navios Partners, Acquisition merger to form US largest publicly-listed shipping company
Dry cargo vessel owner and operator Navios Maritime Partners and tanker owner Navios Maritime Acquisition Corp. have unveiled their plan to merge into a standalone entity.

Mitsubishi Shipbuilding, TotalEnergies team up on LCO2 carrier
Japan’s shipbuilding company Mitsubishi Shipbuilding and French energy major TotalEnergies have joined forces to carry out a feasibility study for the development of a liquefied CO2 (LCO2) carrier.

Hamburg prosecutors raid offices of Erck Rickmers, others over illegal shipbreaking
Hamburg public prosecutors have raided the offices of Erck Rickmers Group and other shipowners due to allegations of illegal beaching of ships.

NGOs call on Greece, Bangladesh to stop unlawful beaching of ferry
Greece and Bangladesh have been urged by NGOs to stop the “illegal” beaching of a ferry containing asbestos and other toxic materials.

Tanker crew arrested for stealing thousands of barrels of crude oil
The captain and 18 crew members of the oil crude tanker MT Strovolos were detained on suspicion of stealing nearly 300,000 barrels of crude oil.

Onshore power system at Helsinki’s South Harbour ready for use
A new onshore power connection for passenger ships next to the Olympia Terminal at the South Harbour in Helsinki is now operational.

Sovcomflot exits dry bulk sector with sale of Panamax bulker duo
Russian shipping owner PAO Sovcomflot (SCF Group) has completed its exit from the dry bulk business by selling the last two Panamax dry bulk carriers.

Wilson Sons’ new tugs to have 75 pct lower NOx emission levels
Brazil’s port and maritime logistics operator Wilson Sons is advancing its sustainability initiatives and investing in new technologies to cut GHG emissions.

K Line secures green loan for LNG-powered car carrier
Japanese shipping major K Line has arranged an operating lease for its first LNG-powered car carrier through a climate transition loan with Mizuho bank.

Schottel hybrid propulsion picked for Brazilian escort tugs
Germany’s propulsion system manufacturer Schottel has been contracted to supply its hybrid propulsion solutions for Brazilian towage group Starnav.

Maersk’s boxships to feature world’s largest methanol dual-fuel engines
German engine manufacturer MAN Energy Solutions has been contracted to supply eight methanol dual-fuel engines for the new Maersk’s containerships.