Green Marine
Odfjell exits gas carrier business
Odfjell Gas Shipowning AS, part of Norwegian shipping and tank terminal company Odfjell SE, has entered into a transaction agreement with Singapore-based ship owner and operator BW Epic Kosan Ltd. (BWEK) for the sale of two LPG/ethylene carriers.
SEACOR Holdings completes acquisition of USSC
Florida-based holding company SEACOR Holdings Inc. has wrapped up its acquisition of U.S. Shipping Corp (USSC), a privately-owned provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade, operating under the Jones Act.
NCLH teams up with PortMiami on shore power
Norwegian Cruise Line Holdings (NCLH) has partnered with Miami-Dade County to make the new Cruise Terminal B and homeporting ships shore power-ready by fall 2023.
New green ammonia firm launched in Norway
HEGRA, a company that aims to electrify and decarbonize the ammonia plant at Herøya and enable large-scale green ammonia production, was launched in Norway on 16 August 2021.
In focus: Energy transition steadily gaining pace across the globe
The offshore energy sector has this week witnessed the unwavering nature of energy transition which is bound to continue – hopefully at an accelerated pace – as the nature itself steps up its cries for protection by employing the ‘shock and awe’ tactics which set many areas of the world ablaze due t
Port of Corpus Christi, HEP eye carbon-neutral (blue) hydrogen production facility
The US Port of Corpus Christi Authority and compatriot energy company Howard Midstream Energy Partners (HEP) have signed a memorandum of understanding (MOU) as they intend to convert Howard’s Javelina refinery services facility into the region’s first carbon-neutral hydrogen production facility.
Ships violating IMO 2020 to face penalties in Sierra Leone
Ships calling to ports in Sierra Leone could face serious fines if found in violation of the International Maritime Organisation (IMO) 2020 measures, BIMCO reported.
Costly environmental regulations boost ship scrapping
Costly environmental regulations recently introduced by the UN maritime body International Maritime Organization (IMO) are among the main factors for increased ship demolitions this year.
Samsung Heavy delivers Celsius Carolina LNG tanker
South Korea’s Samsung Heavy Industries (SHI) has delivered Celsius Carolina, the last of four LNG tankers it built for Denmark’s Celsius Shipping.
HMM posts “highest profit ever” in H1 2021
South Korean shipping major HMM reported KRW 2408.2 billion ($2 billion) operating profit, “the highest ever” in the first half of 2021.
Japan: Ill-fated wood chip carrier had 1,700 tons oil on board
Wood chip carrier Crimson Polaris, which broke into two pieces after running aground off Japan earlier this week, had about 1,700 tons of oil on board.
ABS forms group to address safety issues on ageing global FPSO fleet
The American Bureau of Shipping (ABS) has brought together leading companies in the FPSO sector to address the safety challenges produced by an ageing fleet.
NCL’s lead Prima-class cruise ship launched in Italy
Italian shipbuilder Fincantieri has floated out Norwegian Prima, the first of six energy-efficient Prima-class vessels being built for Norwegian Cruise Line (NCL).
Victory Petroleum to shift bunker fleet to electric propulsion
Singapore’s bunker supplier Victory Petroleum Trading (VPT) has signed a memorandum of understanding (MoU) with Sea Forrest Power Solutions, a subsidiary of BH Global Corporation to convert its existing bunker fleet to electric propulsion.