Green Marine
Volga Shipping starts its 20-ship renewal program with 4 orders at Okskaya Shipyard
Russia’s shipping company Volga Shipping has launched a large-scale fleet renewal program which includes the construction of about 20 dry cargo ships.
MOL to boost methanol footprint with Waterfront stake
Japanese shipping giant Mitsui O.S.K. Lines (MOL) had announced that it will acquire 40% of Methanex Corporation’s subsidiary Waterfront Shipping (WFS) to expand its involvement in methanol-fueled ships.
MINSHIP, Auerbach form joint ship management firm
Germany’s bulk operator MINSHIP Shipmanagement and compatriot multipurpose (MPP) vessel specialist Auerbach Schifffahrt have decided to join forces to create a consolidated ship management company.
MSC, Shell partner up to accelerate maritime decarbonization
Swiss shipping major Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited, a subsidiary of energy major Shell, have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector.
Cosco Shipping orders 10 containerships for $1.49 billion
Chinese shipping major Cosco Shipping Holdings has placed an order for ten containerships at an affiliate yard.
Schottel propulsion for new eco-friendly asphalt carrier
German propulsion expert Schottel has been selected to provide azimuth thrusters for a new bitumen tanker ordered by France-based company Rubis Group.
EU revises ETS to include shipping sector
In a new climate plan, the European Commission has proposed to extend the scope of the EU’s Emissions Trading System to cover CO2 emissions from ships.
SunStone takes delivery of second eco-friendly expedition ship
Florida-based SunStone Ships has taken delivery of the second out of seven next-generation, infinity-class vessels at China Merchants Heavy Industry (CMHI).
Svitzer tugs to service FGEN LNG’s LNG import terminal
Svitzer, a Danish towage provider and Maersk subsidiary, has signed a ten-year time charter party with FGEN LNG, a subsidiary of First Gen, for the provision of towage and other vessel support services required by FGEN LNG’s interim offshore LNG terminal.
KSOE surpasses annual order target with newest deal
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) said it has exceeded its annual order target after securing another deal for the construction of two LNG carriers.
Wärtsilä tests pure hydrogen/ammonia engines
Finland-based technology group Wärtsilä has performed several full-scale engine tests running on ammonia and hydrogen as fuels as part of its new net-zero test program.
Danaos buys six eco-friendly boxships
Athens-based containership owner and operator Danaos Corporation has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard.
Seaspan pockets $750 million from “blue transition” bonds
Seaspan Corporation, a subsidiary of Atlas Corp., has raised $750 million in senior unsecured notes in the U.S., to help fund projects that “would reduce the environmental impact of its fleet.”
MODEC and TOYO in talks for FPSO joint venture
Japan’s FPSO provider MODEC and Toyo Engineering Corporation are entering into talks to study an alliance for FPSO vessels.