Green Marine
Odfjell to issue a sustainability-linked senior unsecured bond
Norwegian shipping and tank terminal company Odfjell SE is planning to issue a sustainability-linked NOK denominated four-year senior unsecured bond. Odfjell said that the bond issuance would follow a series of fixed income investor calls commencing January 11, 2021. The company explained that it ha
Alfa Laval PureBallast 2 systems win USCG approval
The U.S. Coast Guard (USCG) issued its type approval for Alfa Laval PureBallast 2 ballast water treatment system. The system underwent some technical modifications in order to become compliant with the USCG’s testing regime. With the modifications in place, a PureBallast 2 system with a Boll & Kirsc
Second VLEC newbuild joins MISC
MISC Berhad, a Malaysia-based provider of energy-related maritime solutions and services, has taken delivery of Seri Erlang, its second very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea.
Vopak joins feasibility study for shore power use at Port of Rotterdam
Dutch power company Eneco and the Port of Rotterdam Authority, united in Rotterdam Shore Power BV, have agreed with port operator Vopak Terminal Europoort to conduct a feasibility study for the use of shore-based power at the terminal.
Saga Dawn finalized her tenth voyage
45,000 cubic metres tanker Saga Dawn, the world’s first LNG Carrier featuring an IMO type A LNG containment system, successfully completed her 10th voyage this past Monday, 4 January 2021.
Singapore quarantines bunker tanker after COVID-19 outbreak
Singapore has put the bunker tanker New Ocean 6, operated by Palmstone Tankers & Trdg Pte Ltd, under quarantine and banned it from operating until further notice, Maritime and Port Authority (MPA) of Singapore said. The move is being made after nine crew members on board the bunker tanker tested pos
Tufton Oceanic reorganizes to seize growth opportunities
UK’s fund management company Tufton Oceanic has announced a deep corporate reorganisation designed to ensure further growth.
Bombora partners up with MOL to explore marine energy options in Japan
Bombora Wave Power has entered into agreement with Mitsui O.S.K. Lines (MOL) to identify marine energy project opportunities in Japan and the neighbouring regions.
Scorpio Bulkers changing its name to Eneti
Scorpio Bulkers Inc. intends to change its name to Eneti Inc as part of its transition away from the dry bulk business towards marine-based renewable energy. “The change of the company’s name is subject to approval at an Extraordinary General Meeting to be held on February 3, 2021 for shareholders o
Trafigura to invest up to €30 million to develop battery energy storage system
Geneva-based commodity trader Trafigura is investing up to €30 million into Belgium’s largest Battery Energy Storage Systems (BESS) at Nyrstar’s zinc smelting facility in Balen. The investment will be the first live project by Nala Renewables, Trafigura’s newly formed joint venture company with IFM
Hudong-Zhonghua breaks ground on new $2.8 billion shipyard
Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation, hosted a groundbreaking ceremony for the second phase of the China Shipbuilding Changxing Shipbuilding Base. The Hudong-Zhonghua new factory site is located along the south coast of Shanghai Changxing Island, with an
AET accepts delivery of 1st Shell-chartered DP2 shuttle tanker
AET, a petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of Eagle Pilar, a new Suezmax second-generation dynamic positioning (DP2) shuttle tanker built at Samsung Heavy Industries (SHI) shipyard in South Korea.
Port of Tyne to cut 700 tonnes of CO2 emissions through its electrification program
Electrification of Port of Tyne’s existing diesel-powered Liebherr mobile harbour crane and diesel-powered Drax Hoppers used for handling bulk material will help the port eliminate 700 tonnes of CO2 emissions in one year, the UK port said. These two initiatives aim to cut the port’s diesel consumpti
Sustainable development to shape Port of Tallinn’s future
In the next five years, Estonian Port of Tallinn will be focusing on the implementation of its vision — to become the most innovative port in the Baltic Sea.