Green Marine
Wan Hai assigns $1 bn to buy up to nine 13,000 TEU boxships
Taiwanese container shipping company Wan Hai Lines has announced plans to purchase nine close to 13,000 TEU containerships worth up to $ 1.035 billion. The decision was announced by the company’s Board of Directors on March 10, giving the green light to the company’s chairman to ‘negotiate possible
North Sea trials underway for Odyssey of the Seas
Odyssey of the Seas, Royal Caribbean International’s second Quantum Ultra-class cruise vessel under construction at Germany’s Meyer Werft shipyard in Papenburg, set off on an extensive sea trial on late 14 March.
Ardmore, partners to drive adoption of E1’s hydrogen purification technology
Ardmore Shipping Corporation has signed a Letter of Intent with Element 1 Corp. and Maritime Partners to establish a joint venture that would deliver E1’s methanol-to-hydrogen technology to the marine sector. Oregon-based E1 has developed advanced hydrogen generation systems used to power fuel cells
KARMOL’s first FSRU starts the journey to Senegal
KARMOL, a joint venture between Karpowership and Mitsui OSK Lines, said its first floating storage regasification unit (FSRU) is set to begin sea trials off Singapore, ahead of its deployment to Senegal.
KSOE wins $609 million worth of deals for seven newbuilds
South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for a total of seven ships worth KRW 691 billion ($609 million). The announced deals will see Hyundai Samho Heavy Industries, KSOE’s shipbuilding arm, build three very large gas carriers (VLGCs) wor
Edda Wind orders two more CSOVs, prepares for IPO
Edda Wind has ordered two more Commissioning Service Operation Vessels (CSOV) and will start preparing for an initial public offering (IPO) on Euronext Growth Oslo. The two CSOVs will join Edda Wind’s fleet in 2023 and 2024 from Astilleros Gondan shipyard in Spain, where two CSOVs are currently bein
Denmark joins co-sponsors of $5 bn research fund to decarbonize shipping
Denmark has joined as a co-sponsor of the proposal to create a $5 billion International Maritime Research and Development Board (IMRB) was submitted to the UN’s International Maritime Organisation (IMO). The proposal was submitted on the 10th of March 2021 by Georgia, Greece, Japan, Liberia, Malta,
Bahri Chemicals inks charter deal for 9 UACC chemical tankers
Saudi Arabia’s national shipping carrier Bahri said that its business unit Bahri Chemicals has concluded a long-term time charter deal with Dubai-headquartered United Arab Chemical Carriers Limited (UACC). As part of the deal, nine UACC IMO2 medium range (MR) chemical tankers will join Bahri Chemica
Van Oord steps up fleet decarbonisation efforts
Van Oord has entered into collaboration with FUELSAVE for the adoption of innovative combustion conditioning technology that is expected to further reduce the emissions on its fleet.
Russia to grant subsidies for Far North-bound newbuilds
The Russian government has decided to provide subsidies for newbuild vessels destined for the Far North region.
Bureau Veritas introduces new classification rules for wind propulsion systems
Classification society Bureau Veritas (BV) has released new-generation classification rules for wind propulsion systems that are expected to help support and drive the development of zero-carbon propulsion options for modern ships.
Klaveness Digital urges cargo owners to focus on Scope 3 emissions
Klaveness Digital, part of the Norwegian shipowner Torvald Klaveness Group, has challenged industry players to act on Scope 3 emissions now or risk increasing costs and losing competitive advantage, in a recent webinar discussing the opportunities of digitalization and decarbonization.
4th giant hybrid Ro-Ro joins Grimaldi’s fleet
The Grimaldi Group has taken delivery of Eco Savona, the fourth of the twelve ultra-modern hybrid Ro-Ro units of the Grimaldi Green 5th Generation (GG5G) series ordered from the Jinling shipyard. The hybrid ro-ro ship has a length of 238 meters, a beam of 34 meters, a gross tonnage of 67,311 tonnes,
Bulkers suffer water ingress after collision in Greece
A Maltese-flagged bulk carrier Afina I has collided with Liberia-flagged bulker Kiveli northwest of Kythira island, Greece, causing water ingress to both ships. According to the Greek Coast Guard, which sent several patrol boats and anti-pollution vessels to the site, there has been no marine pollut