Green Marine
Environmentalists blast UN for lack of ambition as IMO adopts GHG reduction measures
The International Maritime Organization (IMO) has approved a number of measures aimed at cutting the shipping sector’s carbon emissions in the next decade. The measures adopted at the IMO’s Marine Environment Protection Committee (MEPC) taking place virtually from 16-20 November included amendments
NextDecade tags Great Lakes for Brownsville channel improvements
NextDecade Corporation has selected Great Lakes Dredge & Dock Corporation to perform essential improvements to the Brownsville Ship Channel.
ABB to supply power and propulsion systems for 5 Fincantieri-built ships
Technology company ABB has secured an order worth around $150 million to deliver a comprehensive scope of technologies to power next-generation cruise ships being built by Italian shipbuilder Fincantieri
F-drones carries out world’s 1st commercial drone delivery at night
Singapore-based startup F-drones has carried out the world’s first commercial drone delivery at night to a vessel in Singapore. The operation was carried out on November 1, 2020. The drone navigated a busy anchorage, helping deliver a critical part for Wilhelmsen to Berge Sarstein, a vessel owned by
Grieg Star creates innovation spin-off with sustainability in mind
Norwegian shipowner Grieg Star has set up a separate company, named Grieg Edge, to drive innovations within sustainable maritime services.
MHI sets terms of its 1st green bond
Japanese engineering major Mitsubishi Heavy Industries (MHI) is set to issue a $239 million (JPY 25 billion) green bond on November 24 as it aims to raise funds to support the decarbonization challenge. MHI revealed its green bond issuance plans at the end of October saying the funds raised would ta
DCSA, BIC make progress in standardizing container facility identification
BIC and DCS said they have completed their collaboration to standardize the codes used to identify facilities such as depots, container yards, M&R vendors and other supply chain container facilities.
CDB Leasing splashes $137 million on Oldendorff’s sextet
Hong Kong-listed China Development Bank Financial Leasing is buying six vessels from German shipowner Oldendorff Carriers GmbH & Co for $137 million. The vessels include six 60,000-ton bulkers, CDB Leasing said, adding that upon the completion of the transaction the vessels would be leased back to O
Scorpio Bulkers nets $101.5 million as it kicks up a notch its bulker selling spree
Scorpio Bulkers Inc. has entered into agreements with two unaffiliated third parties to sell five Kamsarmax bulkers for a total of $101.5 million. The ships that will be changing hands are the SBI Parapara, SBI Jive, SBI Swing and SBI Mazurka, Kamsarmax bulk carriers built in 2017, and SBI Reggae, a
GoG: Pirates kidnap another 5 seafarers in just 4 days
Five crew members have been kidnapped by pirates from a Ghana-flagged vessel in another incident in the Gulf of Guinea.
A flurry of crude oil carrier orders for Korean shipbuilders surpasses $1 billion
Korean shipbuilding heavyweights have amassed over $1.06 billion in crude carrier orders in a single day having reported shipbuilding contracts for a total of 13 newbuilds. Korea Shipbuilding & Offshore Engineering has won orders for ten 300,000 ton very large crude carriers (VLCCs) worth $890 milli
QLNG’s 4000-cbm ATB completes sea trials
Quality Liquefied Natural Gas Transport (QLNG) said its newly built 4000-cbm LNG articulated tug and Barge has completed sea trials.
Port of Gothenburg spearheads project on cutting emissions at construction sites
The Gothenburg Port Authority wants to cut carbon emissions at the port by promoting the use of greener construction equipment and methods in future construction projects. The port announced plans to include new procurement stipulations for selected contracts in order to cut carbon emissions at the
Argus, DNV GL partner up on 1st database of ammonia terminals
Energy and commodity pricing service Argus has agreed to share its database of ammonia terminals with DNV GL’s Alternative Fuel Insight online platform, a website that provides information about and promotes the use of alternative fuels.