Green Marine
MOL to develop energy-saving sail to boost ship propulsion
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has signed an agreement with compatriots Oshima Shipbuilding and Iknow Machinery to jointly research and develop mounting sails on ships’ cargo handling cranes and similar equipment.
Taylor Maritime raises $75 million to buy up to 6 Handies
UK-based dry bulk shipping company Taylor Maritime Investments has raised $75 million through the issue of new ordinary shares to acquire up to six Handysize dry bulk vessels.
MSC, Fincantieri team up on 1st hydrogen-fueled cruise ship
The Cruise Division of Swiss shipping major MSC Group has signed a memorandum of understanding (MoU) with Italian shipbuilding major Fincantieri and energy infrastructure operator Snam to examine requirements for the industry’s “first hydrogen-powered cruise ship.”
Port of Galveston to “greenify” operations with new eco-programs
One of the major ports in Texas, the Port of Galveston, has announced its plans to make long-term changes to its operations as part of new environmental programs.
AI-driven robot ship Mayflower prepares to sail again
Marine research organization ProMare has performed repairs and improvements on the Mayflower Autonomous Ship (MAS400) that was forced to stop its transatlantic voyage due to “a small mechanical problem.”
Russia returns to plans for first batch of LNG-powered icebreakers
Russia plans on building LNG-powered icebreakers to serve the Arctic Sea route.
Transnet finds source of cyber threat at South African ports
South African port operator Transnet has identified and isolated the source of IT disruption that halted the operations at its container terminals.
In focus: Energy transition drives development of zero-emission fuels across all sectors
Renewable electricity has been a remarkable success over the past 20 years, but the same cannot be said for other energy uses. However, the global energy transition trend stands to change this as witnessed in a week behind us by a number of collaborative initiatives launched to address the challenge
South African port operator Transnet hit by cyber attack
South Africa’s logistics company Transnet SOC has announced that its IT system was hit with a “disruption” that halted operations at container terminals.
MSC Cruises bullish on cutting CO2 emissions by 40 pct
Swiss-based cruise line MSC Cruises will “remain on track to meet, or likely exceed, the target for 40% improvement in emissions intensity by 2030 compared to 2008,” MSC’s new sustainability report showed.
DBS, partners complete 1st live bunker delivery financing transaction
Singapore’s financial service group DBS Bank has completed its first live bunker delivery financing pilot transaction through a digital bunker delivery note (BDN).
Yangzijiang buys stake in Xinfu Yard
Yangzijiang Shipbuilding (Holdings) Ltd., one of the largest private shipbuilders in China has entered into a sale and purchase agreement with Sanfu Shipbuilding Holdings for the purchase of the remaining 20% equity stake in Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.
Seaworks’ new LNG bulk carrier gets Kongsberg propulsion
Norwegian shipping company Seaworks’ new bulk carrier will be equipped with a propulsion system and LNG engine by compatriot technology company Kongsberg Maritime.
Trafigura, Hy2gen team up to study green ammonia as marine fuel
Germany-based green hydrogen production company Hy2gen and Swiss commodity trader Trafigura have joined forces on a study aimed at quantifying the needs of the shipping industry for green ammonia as the industry transitions to low and zero carbon maritime fuels.