Green Marine
Saga Pure takes stake in blue ammonia company
Norwegian company Saga Pure, formerly known as Saga Tankers, has committed to subscribe for NOK 35 million ($4 million) in a private placement of new shares in Horisont Energi AS.
Pan Ocean orders LNG carrier
South Korean shipping company Pan Ocean is looking to expand its LNG shipping business with a new order.
Maersk Elba loses power after fire off Portugal
A Denmark-flagged containership lost power due to a fire in the engine room off the coast of Portugal on 26 December, Portuguese National Maritime Authority (AMN) said.
Plocan tackles underwater noise from shipping
The Oceanic Platform of the Canary Islands (Plocan) has joined the EU-backed SATURN project, which is focused on the reduction and mitigation of underwater noise from shipping that threatens marine life.
BW LPG’s third retrofit completes sea and gas trials
BW LPG, the world’s largest liquid petroleum gas shipping company, has hit a new milestone in its LPG retrofit program.
China okays KSOE-DSME merger
China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).
USCG vessel spills oil in Alaska
A United States Coast Guard (USCG) ship has spilled hydraulic oil into the sea in Womens Bay, Kodiak, Alaska.
Khalifa Port’s South Quay welcomes first shipment
The first shipment, destined for Emirates Global Aluminium (EGA)’s Al Taweelah alumina refinery, arrived at Khalifa Port’s South Quay, marking the commencement of operations at the newly launched facility, UAE-based port operator Abu Dhabi Ports said.
South Korea: Five shipping companies form alliance
Five South Korean container shipping companies are establishing the Korean Maritime Movement Alliance (K-Alliance) in an effort to strengthen competitiveness in Southeast Asia.
European shipowners welcome last-minute Brexit trade deal
Following the last-minute deal reached between the United Kingdom and the European Union, the European shipping industry has applauded the Brexit deal that would support the current trade fluidity.
A.P. Moller Holding invests millions in Green Hydrogen Systems
Denmark’s A.P. Moller Holding, a parent company of A.P.Moller Group that owns shipping major Maersk, has decided to invest in compatriot Green Hydrogen Systems, a supplier of modular electrolyzers producing green hydrogen from renewable energy.
Aegean Shipping orders another eco-friendly Aframax
Greek shipping company Aegean Shipping Management has exercised an option to build its third Aframax tanker in China.
South Korea unveils initiative to promote eco-friendly ship technologies
The South Korean government has presented a new initiative promoting eco-friendly ship technologies.
Maersk scores 4.9 of 5.0 on environmental reporting
Maersk, the world’s largest container shipping company, tops the list of 12 liner companies based on their sustainability performance reporting and planning, the Gliese Foundation said. The company won 4.9 stars out of possible 5.0, the foundation said. As explained, the company’s 2019 sustainabilit