Green Marine
TECO 2030 raises more funds for its fuel cell development
Norwegian engineering and equipment development company TECO 2030 ASA has raised NOK 20 million ($2.3 million) through a private placement of 3.2 million of new shares. The shares were issued at a price of NOK 6.164 per share to three new investors. “We intend to use the net proceeds from the privat
Ecochlor wraps up testing for filterless BWMS
The US-based ballast water treatment provider Ecochlor has completed land-based and shipboard testing for its EcoOne ballast water treatment (BWT) system in preparation for USCG and IMO BWMS code type approvals.
Port of Gothenburg to connect tankers to shore power from 2023
The Energy Port will be next in line in the expansion of the shoreside power network at Sweden’s Port of Gothenburg, the port authority confirmed.
Port of Antwerp to convert a tug to methanol in a ‘world’s first’
The Port of Antwerp is converting a tug to methanol propulsion as part of the European Union-funded Fastwater project, which aims to demonstrate the feasibility of methanol as a sustainable marine fuel. The project was set up by a group of European maritime research and technology leaders, and is fu
Wärtsilä tech ordered for Korean LNG bunkering vessels
The Finnish technology group Wärtsilä has received two more orders for its complete LNG cargo handling and fuel system.
MPC Container Ships to acquire Songa Container in $210m deal
Norwegian containership owner MPC Container Ships ASA has entered into a share purchase agreement to acquire compatriot Songa Container AS for $210.25 million on a debt and cash-free basis. Upon closing of the deal, Songa’s fleet will comprise 11 container vessels with an average size of 2,250 TEU a
GTT nets LNG tank design order
French liquefied natural gas containment specialist, GTT, has secured an order to design tanks for an LNG tanker newbuild.
3 reasons electrification of ships makes sense
Electrification and hybridization of ships have been picking up in the industry for a while now, being the predominant choice for short-sea shipping. There are several solutions on the market to choose from such as shore power connection, battery hybrid solutions, shaft generators, or alternative el
Hapag-Lloyd behind order for 6 dual-fuel ULCVs at DSME
German liner major Hapag-Lloyd revealed it has hired the South Korean shipyard Daewoo Shipbuilding & Marine Engineering to build six dual-fuel containerships with a capacity of over 23,500 TEU. The shipbuilder disclosed the deal earlier today, without naming the company behind the order. The contrac
Mayflower Autonomous Ship, beset with glitch, sails back to England
The Mayflower Autonomous Ship (MASS) has stopped its historic transatlantic crossing of the Atlantic Ocean three days after the initial launching due to “a small mechanical problem.”
Safe Bulkers refinances fleet of 8 vessels
Monaco-based bulker owner Safe Bulkers has entered into a credit facility of $70 million with a five-year tenor.
Ulstein to design non-fossil fuelled X-Bow containership for Edge Navigation
Nowegian ship designer Ulstein Design & Solutions AS has been chosen by compatriot maritime startup Edge Navigation AS as a partner in developing a container vessel with the patented X-Bow hull lines for non-fossil propulsion towards achieving zero emissions in maritime transport.
LNG-fueled Fure Viten starts carbon-neutral voyage
Swedish shipping company Furetank Rederi AB has announced that its LNG-powered tanker, Fure Viten, departed the China Merchants Jinling Shipyard in Yangzhou for its first zero-emission journey.
Höegh considers listing as it sets sights on up to 12 ammonia-ready ships
Norwegian RoRo shipping company Höegh Autoliners is considering a potential listing as it scales up green vessel investment plans as part of its decarbonization efforts. Namely, Höegh intends to invest in up to 12 Aurora class multi-fuel and ammonia ready vessels designed with a 9,100 car equivalent