IMO’s new policy measures are ambitious enough to drive a transition to scalable zero-emission fuels but will ultimately only succeed if they include meaningful rewards and, over time, higher penalties for non-compliance, a new insight brief found.
British tanker owner and operator Pritchard-Gordon Tankers (PG Tankers) has taken delivery of a new low-emission tanker flagged by the Isle of Man Ship Registry (IOMSR).
A little over a year has passed since Chile-headquartered towage services provider SAAM Towage deployed its 100% electric tugs in Canada. Within this timeframe, the company said that it has achieved “massive” reductions in greenhouse gas (GHG) emissions. As disclosed, one year of operations in the G
Finland-based shipowner ESL Shipping has signed a €70 million loan agreement with Swedish finance provider Svenska Skeppshypotek to partially finance a series of four methanol-fueled 17,000 dwt Handysize vessels.
Ascenz Marorka and Emerson Marine Solutions have entered a strategic partnership to enhance fuel efficiency, transparency, operational performance, and sustainability within the maritime sector.
Finnish marine engineering company Deltamarin has inked a deal with the China Merchants Jinling Shipyard (Weihai) to design and develop new Hansa Superclass roll-on/roll-off passenger vessels (RoPax) for compatriot shipping player Finnlines. As informed, following the wrap-up of the concept and cont
Lithuanian Inland Waterways Authority (VVKD) has contracted Dutch towage and maritime company KOTUG International to deliver the first fully electric pusher tug to operate in the Baltic States.
Japanese shipping major Nippon Yusen Kaisha (NYK) has unveiled the country’s first fully battery-driven work vessel, e-Crea.
AD Ports Group has signed a head of terms agreement with Advario to explore the establishment of a joint venture focused on developing and operating green energy and liquid bulk storage projects in the UAE and globally.
Backed by a European investment fund with over €300 million earmarked for green port investments, a new company acting as the “world’s first” capital partner for shore power, Seacap, has been launched.
French shipping and logistics major CMA CGM Group has signed a partnership agreement with Vietnamese port operator Saigon Newport Corporation (SNP) to develop a new deep-water terminal in Haiphong, northern Vietnam.
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has set its sights on a careful evaluation of the use of Chinese and South Korean shipyards that meet its criteria while taking into consideration the changes in U.S. policy trends and geopolitical risks to meet the demand for liquefied natural gas (L
HD Hyundai Mipo, a subsidiary of South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), has received a new order worth KRW 270.6 billion (nearly $197 million) to construct two LNG bunker vessels.
Bureau Veritas Marine & Offshore (BV), a division of French class society Bureau Veritas, has confirmed the validity of the emissions reduction methodology of the Blue Visby Solution, a multilateral platform developed by 40+ members of the Blue Visby Consortium.
