Green Marine
Bureau Veritas grants first type approval for LTO battery system
Swedish energy system supplier Echandia Marine has obtained type approval from the classification society Bureau Veritas for its lithium titanium oxide (LTO) battery system incorporated in tugboats.
KSOE wins orders for VLCC trio, LNGC quartet
South Korea’s Hyundai Samho Heavy Industries has won a contract for the construction of three very large crude carriers. According to the company’s parent Korea Shipbuilding & Offshore Engineering (KSOE), the contract is worth KRW 220 billion ($197 million). The shipowner behind the order is an undi
MODEC firms up contract award for one of largest FPSOs ever in Brazil
Japan’s FPSO operator MODEC has firmed up a contract award with Equinor to deliver one of the largest FPSOs ever delivered to Brazil.
Eagle Bulk acquires scrubber-fitted Ultramax pair
US-based shipowner Eagle Bulk Shipping has purchased two 2015-built scrubber-fitted Ultramax bulkcarriers from Nautical Bulk Holdings for total of $44 million.
d’Amico Group testing biofuel on LR1 product tankers
d’Amico Group has teamed up with a number of industry majors in a Joint Industry Project (JIP) to test the biofuel blends on board its LR1 product tankers. The tests will involve biofuel (B30), which is derived from advanced second-generation feedstock. They will be undertaken on d’Amico’s vessels,
DSIC marks milestone in the construction of LNG-powered VLCC
Dalian Shipbuilding Industry, a subsidiary of China State Shipbuilding Corporation, has delivered what has been described as the world’s first dual-fuel VLCC 2x3500m³ C-type LNG cryogenic storage tank. The 2x3500m³ C-type LNG cryogenic storage tanks, developed independently by the group, are complia
Damen secures order for hydrogen-powered inland vessel
Dutch shipyard Concordia Damen has signed a ‘historic’ contract for the construction of the hydrogen-powered inland barge with Dutch inland shipping company Lenten Scheepvaart.
Drewry: Officer shortfall to hit decade-high by 2026
Diminishing attractiveness of a career at sea, coupled with rising man-berth ratios and continued fleet growth will lead to the highest shortfall of officers to crew the world’s merchant fleet in over a decade by 2026, Drewry said in a new manning report. The shipping consultancy believes the latest
Skou backs $450 carbon tax per ton of fuel
The world’s largest container shipping company has proposed a carbon tax on ship fuel of at least $450 per ton of fuel as a way for the shipping industry to bridge the gap between fossil fuels and more expensive green fuels. “Fossil fuels cannot keep being cheaper than green fuels. Action is require
Salvors attempt to tow charred X-Press Pearl amid concerns over ship’s stability
An inspection team has boarded fire-stricken X-Press Pearl earlier today in a renewed attempt to make a line connection on the bow and tow the vessel away from the coastline. The fire, which has ravaged the vessel, has finally been extinguished after an extensive firefighting operation lasting for
Bureau Veritas to class 10 all-electric ferries in Portugal
Classification society Bureau Veritas will carry out the classification of ten all-electric ferries after signing the contract with Portuguese river passenger operator, Transtejo.
Excelerate’s FSRU starts operation in Bahia Blanca
Excelerate Energy’s floating storage and regasification unit (FSRU) Exemplar has begun operations in Bahia Blanca, Argentina.
Mission Innovation 2.0 to spearhead $250 billion clean energy innovation decade
At the global Innovating to Net Zero Summit, 23 governments responsible for over 90% of global public investment in clean energy have collectively launched bold new plans to catalyze action and spearhead a decade of innovation to drive global investment in clean energy research, development and demo
Denmark, Norway, & US head Zero-Emission Shipping Mission
The governments of Denmark, Norway, and the United States, along with the Global Maritime Forum and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, will lead a new Zero-Emission Shipping Mission as part of Mission Innovation. The mission aims to accelerate international public-private co