Green Marine
Samsung Heavy to raise $1.1B for green ship tech development
South Korean shipbuilder Samsung Heavy Industries (SHI) has decided to sell stock and raise around KRW 1.23 trillion ($1.1 billion).
Taiwan to invest $1.37 billion to upgrade seven commercial ports
Taiwan’s government has revealed its plans to invest $1.37 billion over the next five years to upgrade the country’s seven commercial ports to support sustainable growth.
Seafarers COVID relief fund surpasses $1M target
The Seafarers International Relief Fund (SIRF) has reached its goal of raising $1 million to provide vital relief for seafarers and their families affected by COVID.
Deutsche Post DHL acquires local ocean freight forwarder
Deutsche Post DHL Group (DPDHL) has signed an agreement to acquire up to 100% of ocean freight forwarding company J.F. Hillebrand Group AG and its subsidiaries.
Flex LNG secures new charter extension deal
Norwegian pure-play LNG carrier company Flex LNG has secured a new charter deal for the 173,4000-cbm Flex Amber.
Next-gen FSRU system cuts fuel consumption, CO2 emissions by 50 pct
Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Goal Zero consortium to develop fully electric cargo vessel for MPA
The Goal Zero consortium has been awarded funding by the Maritime and Port Authority of Singapore (MPA) and Singapore Maritime Institute (SMI) to develop, deploy and commercialise a fully electric cargo vessel.
MISC, BCGDV co-invest in 3 startups to disrupt shipping industry with deep tech
BCG Digital Ventures (BCGDV), a California-based digital business-building and corporate innovation arm of Boston Consulting Group (BCG), and Malaysia’s shipping company MISC Group have unveiled a co-investment in three ventures to disrupt the maritime solutions space with deep tech.
Boluda welcomes 2 more eco-friendly harbour tugs for Port of Zeebrugge operations
Boluda Towage Europe, a subsidiary of shipping company Boluda Corporación Marítima, has taken delivery of two new low-emission harbour tugs.
GEG, Proman to build renewable power to methanol plant in Scotland
UK port operator Global Energy Group (GEG) has entered into an agreement with Swiss-based integrated energy company Proman to develop a renewable power to methanol plant utilising local sources of captured carbon dioxide (CO2) to be located at the Nigg Oil Terminal in the Highlands of Scotland.
Port of Kiel invests in solar power to become climate neutral
Germany’s Port of Kiel is increasing its own production of climate-friendly solar energy as it equipped its cruise terminal Ostseekai with photovoltaic modules.
Danaos inks charter deals for 10 vessels
Athens-based containership owner and operator Danaos Corporation has signed charter agreements for ten vessels for a charter period of 3 to 4 years.
TECO 2030, Greenstat join hands to develop hydrogen value chain
Norway’s cleantech company TECO 2030 has signed a letter of intent with compatriot energy company Greenstat to cooperate on relevant projects with the aim of developing a complete hydrogen value chain.
Port of Vancouver eyes new vessel traffic system to cut CO2 footprint
The Port of Vancouver, the largest port in Canada, has revealed that it will work with partners to design a new collaborative system to manage marine vessel traffic and optimize the supply chain flow.