Green Marine
Major global traders commit to reporting on shipping emissions
A group of the world’s largest energy, agriculture, mining, and commodity trading companies, including Trafigura, Cargill, and Shell, have committed to report on CO2 emissions reduction of their shipping activities in line with the industry’s decarbonization goals. The companies have joined forces w
Exclusive: CIMC to build next-gen wind installation vessel for OIM
Norway-based OIM Wind, together with its financial partners, has signed an EPC contract with the CIMC Yantai Raffles Offshore shipyard in China for the construction of an installation vessel capable of installing giant next-generation offshore wind turbines. The vessel, currently referred to as BT-2
Port of Antwerp: CO2 reduction project wins EU funding
The Antwerp@C consortium has won EU funding for a project that aims to study and develop CO2 infrastructure in the Port of Antwerp.
DSME gets LR AIP for ammonia-fueled 23,000 TEU boxship
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has obtained approval in principle (AIP) from classification society Lloyd’s Register (LR) for a 23,000 TEU ammonia-powered super large containership design.
DEME’s CSD Spartacus wraps up its first LNG bunkering
Belgian dredging specialist DEME ticked off another milestone with its LNG-fueled cutter suction dredger (CSD) Spartacus.
COVID-19 impact bites into Panama Canal’s FY 2020 projections
The Panama Canal closed its 2020 fiscal year with an annual tonnage of 475.1 million Panama Canal tons (PC/UMS), a 4% drop compared to projections, mainly due to the impact of COVID-19 on global trade. The canal authority ended its fiscal year with 13, 369 transits, a 2% lower than initially project
Maid of the Mist launches new all-electric, zero-emission ferries
Two next-generation Maid of the Mist ferries installed with all-electric propulsion from ABB have been launched in New York.
MSC backs hydrogen, biofuels as fuels of the future
Geneva-based Mediterranean Shipping Company (MSC) is exploring the viability of hydrogen and fuels derived from it as a possible fuel source for the future for container shipping. Speaking on decarbonization at Maritime Transport Efficiency Conference in Geneva, Switzerland on Monday, MSC Group’s Bu
GTT bags order for LNG cargo ready VLECs
French liquefied natural gas containment systems specialist GTT has been contracted to design tanks for LNG cargo ready VLEC quartet.
Navigate Response: Wakashio crisis communication should have been better
Media and communications response to the grounding and subsequent fuel leak from MV Wakashio was insufficient, belated, and lacked in empathy with those affected by the spill, according to Navigate Response, a global crisis communications network. The Japanese Capesize bulker ran aground on a reef o
Finnlines secures loan for hybrid RoRo newbuilds
Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels.
SAL Heavy Lift takes major stake in Intermarine
Heavy lift shipping major SAL Heavy Lift has acquired a major stake in Intermarine, paving the way to expand its business in the Americas. As informed, Intermarine will continue trading as an independent brand within the SAL Heavy Lift Group. The two will be joining forces within the Americas and cr
Shell-chartered LNG London ticks off bunkering milestone
Belgian inland transportation specialist, Victrol, said its LNG bunker vessel, LNG London completed its first bunkering operation in the port of Rotterdam.
Will the November MEPC meeting end the tug of war between IMO and EU?
The COVID-19 pandemic and the resulting crew change crisis combined with the latest cyber-attack hitting the headlines have made it quite difficult for the International Maritime Organization (IMO) to advance its decarbonization goals this year. The efforts haven’t been completely derailed, on the c