Green Marine
Euronav fixes $95M in green financing
Belgian tanker owner Euronav NV has signed an €80 million ($95 million) sustainability-linked financing deal, the company revealed. The move brings the share of facilities with an integrated sustainability component in the company’s total to 31.5%. The unsecured revolving credit facility has been co
Strategic Marine unveils next-gen Strat Cat CTV design
Singapore’s shipbuilder Strategic Marine has launched the next-generation Strat Cat crew transfer vessel (CTV) design for the offshore wind market. The SC27 is an evolution of Strat Cat 26 which is said to offer enhanced vessel capabilities with a reduced environmental footprint and hybrid drive opt
Pan Ocean inks LNG bunkering vessel charter with Shell
South Korean shipping company Pan Ocean is continuing its expansion into the LNG market with a charter deal for an LNG bunkering vessel.
KSOE snatches LPG trio
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has resumed its winning streak having secured orders for three liquefied petroleum gas (LPG) carriers. KSOE’s business arm Hyundai Samho Heavy Industries has won a contract for the construction of two LPG carriers worth
Hagland Shipping orders battery-hybrid bulker pair at Royal Bodewes
Norwegian shipowner Hagland Shipping has entered into a contract with Dutch shipbuilder Royal Bodewes for the construction of two eco-friendly self-discharging bulk carriers of 5,000 dwt.
Turkey joins counterparts in banning scrubber wash water discharge
Turkey has banned the discharge of scrubber wash water in its territorial waters following in the footsteps of a number of governments, including that of Saudi Arabia and Singapore. The move was announced by the Turkish Ministry of Environment and Urbanization on April 6, 2021. “It is forbidden to d
Norway’s 1st LNG bunkering ship readies for gas trials
Bergen LNG, Norway’s first LNG bunkering ship, has been completed and is now ready for its gas trials. The conversion project was announced back in August 2019 as part of Bergen Tankers’ long-term charter with Gasnor, a part of Royal Dutch Shell. Norwegian shipbuilder Westcon Yards was in charge of
SHI delivers Navigare’s first LNG carrier
Danish investment fund manager Navigare Capital Partners has taken delivery of its first liquefied natural gas (LNG) carrier, Marvel Swan.
Top dogs of South Korean shipbuilding industry eye carbon neutrality by 2050
The top six South Korean shipbuilding majors have set sights on achieving carbon neutrality in the sector by 2050, thus joining the global decarbonization push. Namely, representatives of Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Hyund
Meyer Werft: Keel laid for Disney Cruise Line’s new LNG-powered ship
German shipbuilder Meyer Werft hosted a keel laying ceremony for Disney Wish, the first of three new ships ordered by the US-based cruise company Disney Cruise Line that will feature environmentally friendly technologies.
Port Esbjerg eyes 70 pct emission cuts by 2030
In a global first for the maritime industry, Denmark’s Port Esbjerg and the US-based conglomerate Honeywell are working together on climate cooperation designed to help reduce carbon emissions at the port by 70% by 2030 in line with the country’s climate target.
Port of Rotterdam cuts CO2 emissions by 27 Pct
The Port of Rotterdam, Europe’s top trading hub, has reduced its total carbon emissions by 27 % over the past four years (2016-2020), the port authority said. Just last year, the port saw its carbon emissions drop by 12 %, compared to 8 percent in the Netherlands as a whole. “As a result of this [&h
Harvey Gulf adds battery power to platform supplier
U.S. Gulf of Mexico focused offshore support vessel owner Harvey Gulf International Marine has completed the conversion of the Harvey Champion platform supply vessel (PSV) to a dual-fuel vessel.
MHO-CO-led consortium to develop fuel cells, battery technology for ships
Danish shipping company MHO-Co is heading a consortium that will spend €4.5 million during the next three years on developing fuel cells and battery technology for ships. The project is being developed in cooperation with the research engineers from Aalborg University and with grants from the Energy