Outlook & Strategy
Mercuria, ÈTA Shipping team up on construction of up to 16 electric ships
The global energy and commodity group, Mercuria, has partnered with maritime innovator ÈTA Shipping to establish a joint venture. This collaboration aims to build six initial electric short sea vessels, with an option for an additional ten ships. The construction of these vessels will be carried out
Proman and Origin team up on low-carbon biofuel production
Methanol producer Proman and carbon-negative materials company Origin Materials have entered a strategic partnership centered on low-carbon biofuel production utilizing Origin’s technology platform and Proman’s fuels capabilities and expertise. Specifically, the two companies signed an agreement to
DHT Holdings fits scrubbers on entire fleet, clamps down on newbuilding pricing as ‘unjustified’
Crude oil tanker company DHT Holdings has completed the installation of three exhaust gas cleaning systems in the second quarter of 2023 and now all 23 very large crude carriers (VLCCs) in the company’s fleet are scrubber-fitted. Scrubbers, also known as exhaust gas cleaning systems, allow companies
Konecranes to provide 7 hybrid RTGs to CMA CGM Kaohsiung Terminal
Finnish crane manufacturer Konecranes has won an order from CMA CGM Kaohsiung Terminal Co. Limited to supply 7 hybrid Konecranes Noell Rubber-Tired Gantry (RTG) cranes to their container handling terminal at the main port in Taiwan. The order is part of CMA CGM Group’s efforts to streamline their op
Sunlit Sea installs 60kWp floating solar unit in Germany
Norwegian company Sunlit Sea has installed a 60kWp floating solar unit in Germany as part of the partnership with Rixen Cableway, formed to revolutionize water sports industry and to make it more sustainable.
MSC makes waves again with a fresh order for 10 LNG-powered newbuilds
The world’s largest container shipping firm MSC has returned to Chinese shipbuilder Zhoushan Changhong International Shipyard with an order for an additional ten LNG-powered containerships. The deal will see Zhoushan Changhong International Shipyard build ten LNG-powered behemoths each boasting a 10
£1.6 billion spent on North Sea decommissioning in 2022, activity expected to remain high
The North Sea oil & gas industry spent £1.6 billion on decommissioning redundant wells and infrastructure last year, more than in any of the previous five years, the latest report by the North Sea Transition Authority (NSTA) states. The industry spent a total of around £8 billion from 2017-2022 and
Hafnia reveals investment in methanol-powered newbuilds backed by TotalEnergies
Singapore-based tanker owner and operator Hafnia has leaped onto the methanol bandwagon with the recent order for four 49,800 deadweight dual-fuel methanol chemical IMOII Medium-Range (MR) tankers. The deal was signed with China’s Guangzhou Shipyard International (GSI) together with Hafnia’s joint-v
Association of Panamanian Shipowners joins ICS
The Association of Panamanian Shipowners (ARPA) has become an associate member of the International Chamber of Shipping (ICS). Launched in 2020, ARPA was created by shipowners and operators of vessels to strengthen Panama’s shipping industry. This membership will build on the relationships across th
HydrogenPro revises business strategy, appoints new CEO
HydrogenPro, a Norwegian technology company and an OEM for high-pressure alkaline electrolyzers, has announced that the company will take a new strategic business direction. The company said: “The plan for building capacity in the U.S. stays firm, but with the current market sentiment, raising fundi
Lloyd’s Register awards first UK approval for remote inspection techniques
Lloyd’s Register has awarded Aberdeen-based 3D scanning company Viewport3 with the first UK approval for remote inspection techniques using underwater photogrammetry. “It is a huge honour for a small company like Viewport3 to receive such a credible certification. Our team are absolutely delighted t
Hapag-Lloyd, DB Schenker ink biofuel-powered transport deal
German liner major Hapag-Lloyd has entered into a partnership with compatriot logistics provider DB Schenker for emission-reduced container transports with waste- and residue-based biofuel. The deal follows the launch of Hapag-Lloyd’s “Ship Green” product in May enabling customers to transport their
ZeroNorth partners with Cargill to optimize over 600 vessels and drive green efficiency
Climate technology company ZeroNorth has signed a three-year contract with Swiss freight trader Cargill on the provision of software for optimisations across vessels and voyages. The deal will see ZeroNorth become the main optimisation partner for more than 600 vessels the aim being to drive efficie
Dutch company’s pioneer USV powered by biofuel-hybrid propulsion combo
The Netherlands-based marine robotics manufacturer and shipyard RC Dock has unveiled its first fully classed uncrewed surface vessel (USV) designed for inspection, maintenance, repair (IMR) and survey operations. The 12-meter catamaran is equipped with an in-house developed launch and recovery syste