Green Marine

KSOE extends deadline for DSME acquisition
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding holding company of Hyundai Heavy Industries Group, has extended the deadline for the acquisition of shares in compatriot Daewoo Shipbuilding and Marine Engineering (DSME) amid regulatory delays. The mega-merger deadline has been extend

MOL’s newbuild LNG tanker starts Uniper contract
Japanese shipping major Mitsui O.S.K. Lines (MOL) informed its newly built tanker LNG Rosenrot has started serving its contract with Uniper.

Over 300 industry leaders sign Neptune Declaration to end crew change crisis
Over 300 maritime industry and human rights leaders have signed a new global pledge urging for industry accountability and finally ending the deepening crew change crisis. The signatories of the Neptune Declaration on Seafarer Wellbeing and Crew Change vowed to deliver on a shared responsibility to

DP World inks 20-year concession for Luanda terminal
Dubai-based port operator DP World has signed a 20-year concession agreement with the Government of Angola to operate the Multipurpose Terminal (MPT) at the Port of Luanda.

Donsötank Rederi’s LNG-fueled tanker launched in China
The first of two Donsötank Rederi’s LNG-fueled product and chemical tankers was launched by the Wuhu Shipyard in China.

ABS, partners launch study on potential of ammonia as marine fuel in Singapore
Americal classification society ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) have joined forces on a study of the potential of ammonia as a marine fuel for Singapore. Titled Ammonia as a Marine Fuel in Singapore – Supply Chain, Bunker S

Hyundai Mipo nets order for petrochemical carrier pair
South Korean shipbuilder Hyundai Mipo Dockyard has signed a sales and supply contract for two petrochemical product carriers worth KRW 80 billion ($72.7 million). The European company behind the order was not identified. Hyundai Mipo said in a regulatory filing that the ships are scheduled for deliv

Bulker runs aground on a reef off Sri Lanka, no oil spill reported
A Liberia-flagged bulk carrier ran aground off the coast of Sri Lanka on 23 January, the Sri Lanka Navy said.

MSC agrees with Quadrise to trial alternative HFO
MSC Shipmanagement Limited of Cyprus, a wholly-owned subsidiary of Mediterranean Shipping Company, has signed a Joint Development Agreement with Quadrise to trial MSAR, an enhanced emulsified synthetic heavy fuel oil (HFO), on commercial container vessels. The trial is set to commence in 2021 with s

Dryad: 1 seafarer killed, 15 kidnapped from MV Mozart
One seafarer has reportedly been killed while 15 others have been kidnapped after a group of armed pirates breached into the citadel on board the Liberian-flagged containership identified as MV Mozart approximately 98 nautical miles northwest of Sao Tome, Dryad Global said. The containership was boa

Kongsberg signs LOI for OIM Wind’s next-gen jack-up vessel
Kongsberg Maritime has signed a Letter of Intent (LOI) with Yantai CIMC Raffles Offshore shipyard for the delivery of a large technology package for the BT-220IU Wind Turbine Installation Unit, a next-generation installation vessel to be built for OIM Wind. Norway-based OIM Wind and China’s CIMC Yan

Panama Canal teams up with PPC, PSA to optimize supply routes for COVID-19 vaccine distribution
The Panama Canal has signed memoranda of understanding (MoUs) with Panama Ports Company (PPC) and PSA Panama International Terminal to help optimize supply routes for the distribution of the COVID-19 vaccine and supplies to Latin America.

ICTSI: Ecuadorian terminal handles world’s 1st carbon-neutral container shipment
Contecon Guayaquil (CGSA) recently handled the world’s first carbon neutral-certified container shipment, employing a logistics process involving environment-friendly supply chain players, from the exporter to the port and distributor.

KSOE wins AiP for wing-sail propulsion system
DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships. The wind-powered auxiliary propulsion system is the result of a joint research project from KSOE, the shipbuilding holding company of Hyunda