Green Marine
GEFO LNG-ready tanker launched
China Merchants Jinling Shipyard has launched the first LNG-ready chemical tanker for German shipowner GEFO. The Chinese yard previously known as AVIC Dingheng Shipbuilding launched the 7,000 dwt stainless steel tanker Norma on July 2. GEFO ordered two FKAB Marine-designed LNG-ready vessels in 2018.
BW takes delivery of ME-GI LNG newbuild
BW’s LNG unit has on Friday taken delivery of a newbuild ME-GI carrier from South Korea’s Daewoo Shipbuilding and Marine Engineering. The BW Pavilion Aranthera is BW’s fifth ME-GI vessel with re-liquefaction system in a series of nine ships. Shipping data shows that the 173,400-cbm LNG carrier is he
11 industry majors pave way for accelerating energy transition
Eleven industry majors including AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit Agricole Corporate and Investment Bank, Engie, Faurecia, Michelin, Schneider Electric, Total and Wärtsilä have formed a coalition for the energy of the future. The coalition aims to accelerate the
Pacific Basin expects $198 million in asset impairments
Hong Kong-based dry bulk shipping company Pacific Basin revealed a one-off non-cash impairment charge of $198 million on the group’s Handysize core fleet. The impairment charge relates to primarily its smaller and older Handysize vessels and will be reflected in its unaudited consolidated results fo
ESPO: EU taxonomy should recognise ports’ decarbonisation, greening strategies
The European Sea Ports Organisation (ESPO) said it supports the initial aim of the EU taxonomy framework to encourage private investors to prioritise green and sustainable investments by providing them a clear manual with common definitions.
Philippines opens ‘green lane’ for seafarers in Asia
The Philippines opened the first “green lane” for seafarers in Asia to allow the free movement of seafarers and personnel across borders, helping alleviate the crew change crisis that has left hundreds of seafarers stranded at sea. The repatriation of crews is being faciliatetd by the signing of a J
Canada to buy interim replacement ship for Madeleine ferry
The Government of Canada has issued an advance contract award notice (ACAN), signalling its intention to purchase the motor vessel Villa de Teror as an interim measure to replace the ferry MV Madeleine.
Port of Newcastle to switch to 100% renewable energy by 2021
Australian trade gateway Port of Newcastle is moving to 100% renewable energy by 2021 and is continuing to transition all its vehicles to electric by 2023. The port has joined other six Hunter institutions that will advocate for and drive local adoption of the United Nations’ (UN) Sustainable Develo
General cargo crew members kidnapped in 2nd attack off West Africa in the same day
Five crew members of a general cargo ship Kota Budi have been kidnapped by armed men off Cotonou, Benin, Dryad Global said citing a high confidence source. The kidnapped crew, including the master, are all Chinese nationals. The multipurpose vessel, built in 2013, is owned and operated by Singapore’
Green target met ahead of schedule: Yang Ming cuts CO2 emissions by 51 pct
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030.
Report: Ports can be front runners of energy transition
Ports can play a pivotal role in the world’s decarbonization challenge by becoming renewable energy hubs, increasing their electricity generating capacity more than tenfold in the next 30 years with the help of offshore wind and hydrogen, a new report from DNV GL finds. By 2050, the total electricit
Hyundai Glovis bags major car shipping deal with Volkswagen
South Korean Hyundai Glovis has signed a five-year contract with Europe’s largest automaker Volkswagen Group for the sea transport of the entire volume of finished cars exported from Europe to China. The deal was signed with Volkswagen Konzernlogistik, a logistics subsidiary of Volkswagen Group, and
GTT, Zvezda join forces to build Russian LNG carriers
French containment specialist GTT said Thursday it signed a deal with Russia’s Zvezda shipyard to partner up on the construction of LNG carriers. The technical assistance and license deal will allow Zvezda to build ARC7 ice-breaking LNG carriers fitted with GTT’s containment system. According to the
Armed pirates kidnap crew members from BW Offshore’s FPSO
A group of armed men attacked the FPSO Sendje Berge some 30 nautical miles southwest from Bonny Island, earlier today, kidnapping some of its crew members. The news first emerged on the website of the UK-based security intel firm Dryad Global, which cited a ‘high confidence’ report, according to whi