Green Marine
Remontowa splashes BC Ferries’ 4th LNG-fuelled Salish Class ferry
Polish shipbuilder Remontowa Shipbuilding S.A. has launched the fourth liquefied natural gas (LNG)-fuelled Salish Class vessel owned by the Canadian ferry operator BC Ferries. The ship entered the water over the weekend, with work continuing there until scheduled sea trials in late 2021. Following s
Eagle Bulk joins Sea Cargo Charter
Eagle Bulk Shipping, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, has become a signatory to the Sea Cargo Charter. The charter, which was launched in October 2020, provides a global framework for aligning chartering activities with responsible environmen
K Line closes sale of US container terminal operator
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has completed the transfer of all of its outstanding shares in container terminal operator International Transportation Service (ITS) to an infrastructure fund managed by Macquarie Infrastructure and Real Assets (MIRA).
RS grants AIP to autonomous and remotely controlled navigation technology
Russian Maritime Register of Shipping (RS) has awarded Approval in Principle (AIP) to the autonomous and remotely controlled navigation technology of a Russian company JSC Kronshtadt Technologies (the a-Nav set of technical solutions). The technology has been approved for the implementation on board
Maritime UK, Carbon13 team up to accelerate maritime decarbonisation
Maritime UK, the collective voice for the UK’s maritime industries, is forming a partnership with Carbon13, the venture builder for the climate crisis, to support entrepreneurs reaching for net zero.
SITC books up to ten containerships at Yangzijiang
Chinese liner shipping firm SITC International Holdings Co has placed an order for up to ten containerships at a compatriot shipyard Yangzijiang Shipbuilding. The contract includes six firm orders for 2,600 twenty-foot equivalent unit (TEU) containerships and includes options for four additional shi
AqualisBraemar acquires LOC Group
AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the purchase price consideration of USD 20.2 million (around EUR 16.5 million) cash consideration plus two million conditional warrants in AqualisBraemar. As reported in November, when the acquisition was announced, LOC Group’s
Construction starts on Spliethoff’s DP2 duo
China’s Mawei shipyard has cut the first steel for two DP2 B-Type vessels ordered by Dutch shipping company Spliethoff.
IMO Secretary-General slams ‘no crew change’ clause as crew change crisis enters its 10th month
IMO Secretary-General Kitack Lim has criticized the “no crew change” clauses in charterparties, stressing that such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing crew change crisis. The so-called “no crew change” clauses, whic
Navis unveils its top predictions and trends that will drive the shipping industry in 2021
Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations
Genco swaps old for new
U.S.-based drybulk shipowner Genco Shipping & Trading Limited has entered into an agreement to acquire three eco Ultramax vessels in exchange for six older Handysize ships.
Safe Bulkers invests in another eco-efficient newbuild
Monaco-based bulker owner Safe Bulkers has acquired a Japanese-built Post-Panamax class, 87,000 dwt, eco-efficient newbuild vessel. The vessel is designed to meet the latest requirements of Energy Efficiency Design Index related to greenhouse gas, EEDI, Phase 3. Once delivered in the third quarter o
JMU, Imabari to launch JV firm in 2021 after all clear
Japanese shipbuilding majors Imabari Shipbuilding and Japan Marine United Corporation have received approvals from all competition authorities to move forward with the establishment of their Joint Venture company. As disclosed, the capital and business alliance and the establishment of the joint ven
Hydrogen ship project wins Enova funding
A project to construct the world’s first zero-emission hydrogen vessels has been awarded NOK 219 million ($25 million) by the Norwegian government-owned organization Enova.