Green Marine
Minerva, Hafnia complete 1st bunker delivery using new platform
Switzerland-based marine fuel logistics company Minerva Bunkering and Singapore-based tanker company Hafnia have completed the first-ever bunker delivery conducted entirely over Minerva’s new Advanced Delivery Platform (ADP).
MOL tests microplastic collection device on a newbuilding vessel
Japanese shipping major Mitsui O.S.K. Lines has carried out a demonstration test of a microplastic collection device, jointly developed with compatriot boiler manufacturer Miura Co. The device has been installed on a newbuilding wood chip carrier and tested at the end of October. The microplastic co
IMO agrees to further evaluate $5 billion R&D fund proposal
The IMO member states have agreed to give further consideration to the industry-led proposal for the establishment of a $5 billion research and development fund aimed at accelerating the introduction of zero-emission technologies into the shipping industry. The fund is being proposed as the shipping
Samsung Heavy Industries wins $2.5 billion ship block deal
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a major ship block deal, the biggest ever single contract deal in the yard’s history. The deal, revealed earlier today in a stock exchange filing, comes from an unnamed European shipowner and is worth $2.5 billion (KRW 2.8 trillion). As
Tanker towed to safety after going adrift off eco-sensitive Nicobar Islands
A Panama-flagged tanker has been towed to safety after it went adrift off the ecologically sensitive Nicobar Islands, India, on 20 November.
Dryad: 3 Kidnapped from Stelios K bunkering vessel
Three people have been kidnapped from the Togo-flagged bunkering vessel Stelios K which was boarded last week by a group of pirates while en route to Lagos. As Offshore Energy – Green Marine reported, the shipowner lost contact with the vessel on November 17 resulting in authorities seeking to estab
DSIC bags 1+1 155,000-ton shuttle tanker order
Daehan Shipbuilding Industry (DSIC), part of China Shipbuilding Industry Corporation (CSIC), has entered into a deal for the construction of up to two 155,000-ton shuttle tankers with Beihai Shipping. Under the contract, the Suez-max shuttle tankers include one firm order scheduled for delivery in 2
AquaChemie breaks ground on a petrochemical terminal at Jebel Ali Port
Chemical services company AquaChemie Middle East, part of the UAE-based AquaChemie Group, today broke ground on its petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The specialized bulk storage terminal will have a total envisaged capacity of around 40,000 CBM, out of which 35,0
FMC launches investigation into container-related practices at major US ports
The US Federal Maritime Commission has launched an investigation into cargo-related practices that are having a negative impact on congestion and amplifying bottlenecks at the ports of Long Beach, Los Angeles, New York and New Jersey.
CMA CGM rides the trade recovery wave
French container shipping major CMA CGM posted strong business results in the third quarter of 2020 amid a recovery in demand for transportation of goods which was hit considerably by the COVID-19 pandemic in the first half of the year. CMA CGM reported a revenue increase of 6% year-on-year, reachin
Viking Grace ferry refloated after grounding with more than 400 people on board
Viking Grace, a ferry operated by Finland-based company Viking Line, ran aground in heavy winds outside the harbour of Mariehamn, the Åland Islands on 21 November.
The Clean Arctic Alliance says IMO’s ban leaves Arctic vulnerable to HFO spill for another decade
The Clean Arctic Alliance slammed the decision by the International Maritime Organization (IMO) to approve a ban on the use and carriage of heavy fuel oil in the Arctic (HFO), saying that it would leave the Arctic, its Indigenous communities and its wildlife facing the risk of a HFO spill for anothe
Hafnia CEO: Further consolidation needed within the product tanker sector
Product tanker major Hafnia Limited believes that further consolidation is needed within the product tanker sector to fully unleash value and synergies from additional operational scale. Hafnia Limited was set up in January 2019, following a merger between BW Tankers with Hafnia Tankers, a fellow su
Zvezda cuts steal for lead Arctic LNG 2 tanker
Russian Zvezda Shipbuilding Complex said it has cut the steel for the lead vessel in the ice-class ARC7 LNG tanker series.