Green Marine
Tanker management company Sokana relaunched
Sokana, a tanker management company operating in the chemical and product segments, was relaunched on 2 June as a joint venture.
ZES partners develop emission-free barge concept
2 June 2020 saw the launch of Zero Emission Services B.V. (ZES), a new company that helps increase the sustainability of the inland shipping sector by leasing exchangeable battery containers — known as ZES-Packs — to businesses in inland shipping.
Malaysia’s MISC appoints ex-minister as chairman
Malaysian liquefied natural gas shipping firm MISC has appointed former minister Tan Sri Noh Omar as its new chairman. Noh takes over as chairman from Datuk Ab Halim Mohyiddin who remains as an independent and non-executive director of the shipping company. The appointment of 62-year-old Noh is effe
CMA CGM sets sights on becoming carbon neutral by 2050
French container shipping major CMA CGM is joining Maersk in committing to an industry goal of becoming carbon neutral by 2050. Speaking at the UN Global Compact on June 2, Rodolphe Saadé, the company’s CEO, announced CMA CGM’s plans of switching 10 % of its energy supply to alternative fuels by 202
Abu Dhabi Ports creates new feeder services company
UAE-based port operator Abu Dhabi Ports has established a new feeder services company, Safeen Feeders, as part of its strategy to facilitate growing trade demands within the Gulf region.
US blacklists four ship owners, tankers over Venezuela ties
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated four companies for operating in the oil sector of the Venezuelan economy and identified four vessels as blocked property. The U.S. is sanctioning companies involved in the exploitation of Venezuela’s oil ass
Drones flying off into brighter offshore future
With COVID-19 still a concern and climate change being a major talking point all around the world, drone operators and innovators are trying to test and push the limits of usefulness of drones in the offshore industry both here and now and in the future.
Giant Tier III-compliant ATB joins OSG’s fleet
U.S.- based tanker company Overseas Shipholding Group (OSG) has taken delivery of the OSG 204, a 204,000 barrel capacity oil and chemical tank barge, built by Greenbrier Marine, a division of The Greenbrier Companies. The Jones Act barge has been built in compliance MARPOL Annex VI Regulation 13 Tie
Svitzer secures Egypt LNG contract extension
Denmark’s Svitzer, the world’s largest tugboat operator, said Tuesday it has won a contract extension to support operations at Egypt’s Idku LNG export plant. Under the extension, Maersk’s unit Switzer will continue to assist the Egyptian LNG-operated plant with four tugs, two mooring boats and one p
Stena Line: We are 10 years ahead of the industry’s emission reduction targets
Ferry shipping company Stena Line has cut its total CO2 emissions by 1.7 %, corresponding to 24,000 tonnes of CO2 in total, the company said in its sustainability report for 2019. The report further indicates that ferry owners and operator managed to reduce its CO2 emissions per transported ton frei
EU approves Finnish aid scheme to support maritime firms hit by coronavirus
The European Commission has approved a €600 million (about $671 million) Finnish guarantee scheme to support the maritime companies in the context of the coronavirus outbreak.
Kawasaki Heavy Industries orders Blue Marlin lithium-ion capacitor from Corvus Energy
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has placed an order for the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS). Branded Blue Marlin, the product uses lithium-ion capacitor (LiC) cells that sustain very high charge/discharg
HHI secures $388 million green loan
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.
China Merchants Port teams up with Alibaba and Ant
China Merchants Port Group, the biggest port operator in China, has signed a strategic cooperation agreement with e-commerce giant Alibaba, and its affiliate Ant Financial Group to create a new smart port platform. The three parties plan to integrate port services, internet, big data, and financial