Ports & Infrastructure
Ports in developing countries need up to $83M in investments for ‘fair and equitable’ energy transition
Significant investments in ports’ decarbonization infrastructure are needed in developing countries to ensure a fair and equitable energy transition, a new report found.
Hamburg and Singapore ports bolster maritime decarbonization ties
Germany’s Hamburg Port Authority (HPA) and the Maritime and Port Authority of Singapore (MPA) have taken the next step in their partnership by signing a letter of intent (Loi) to work on accelerating maritime decarbonization, digitalization, and cybersecurity. The agreement, signed in the presence o
Kiel marks its 100th shore power call of 2024 as AIDAnova plugs in at Ostseekai
LNG-powered AIDAnova has called at Kiel’s Ostseekai, marking the 100th cruise ship to be connected to the port of Kiel’s shore power facilities in 2024.
Hamburg, Busan and Ulsan ports team up on clean fuels on path to greener maritime future
Germany’s Hamburg Port Authority (HPA) has signed a joint declaration of intent with the South Korean Busan Port Authority (BPA) and Ulsan Port Authority (UPA) to collaborate on the decarbonization of maritime transport in the future.
Asyad Group and partners looking to set up low-carbon fuel bunkering hub in Oman
Oman’s logistics provider Asyad Group has signed a joint study agreement with OQ Alternative Energy and Sumitomo Corporation Middle East FZE to look into the potential of establishing Oman as a global low-carbon fuel bunkering hub. The agreement is said to mark a ‘pioneering step’ in promoting susta
HIF Global to work on its first e-fuels project in Brazil
HIF Global has signed a land reservation contract with Port of Açu to develop a facility to produce up to 800,000 tons per year of e-methanol.
Port of Oslo opens new shore power facility for cruise ships
Norway’s Port of Oslo has officially opened a new shore power plant for cruise ships, marking an important milestone in the port’s green transition.
Shenzhen, Long Beach to collaborate on decarbonizing ocean trade, new green shipping corridors
The Port of Long Beach, Shenzhen Port Group, Hutchison Ports YANTIAN, South Coast Air Quality Management District (South Coast AQMD) and the North American Representative Office of Shenzhen, have signed a memorandum of cooperation to collaborate on decarbonizing ocean trade and inspire other similar
CMA CGM expands footprint in Brazil with latest stake acquisition
French shipping colossal CMA CGM is set to strengthen its position in Brazil’s maritime sector with the purchase of a nearly 48% stake in Santos Brasil Participações, a major Brazilian multi-terminal operator, from funds managed by Opportunity Funds. The deal, expected to close by early 2025 pending
Rotterdam-Singapore route: Pricing and availability of green fuels still need improvement to meet future demand
Based on current order books, the potential demand for sustainable variants of methane and methanol for containerships on the Rotterdam-Singapore route could reach up to 5 million tonnes per year in 2028.
EU commits to highly awaited industrial maritime strategy
The European Commission has revealed a long-awaited decision to create an industrial maritime strategy in order to enhance “the competitiveness, sustainability and resilience of Europe’s maritime manufacturing sector”.
Maersk levels up methanol bunkering game in Japan with new initiative
Danish shipping heavyweight A.P. Moller–Maersk has taken a significant step towards supporting the development of methanol bunkering in Japan by co-hosting Japan’s first methanol bunkering simulation at the Port of Yokohama.
Grimaldi Group secures majority stake in Heraklion Port Authority, expanding footprint in the eastern Mediterranean
Italian shipping colossal Grimaldi Group has secured a majority stake in the Heraklion Port Authority (HPA), inking the first lines of a new chapter for the port’s growth and development as estimates suggest the acquisition could expand the port’s trade capabilities and accelerate its transition tow
US unlocks nearly $300 million for modernization of ferry systems
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced grants totalling nearly $300 million from President Biden’s Bipartisan Infrastructure Law to expand and modernize the nation’s ferry systems.