German liner company Hapag-Lloyd has concluded two green financial deals worth a total of $889 million. The financing will be used for six ultra-large 23,500 TEU container ships, which were ordered in December 2020. The company said that the two deals include debut transactions according to the Gree
TECO 2030, an Oslo-based engineering and equipment development company, has partnered up with Thecla Bodewes Shipyards in Holland to develop zero-emission hydrogen-based fuel cell propulsion. The partners are set to focus on all types of river going vessels, such as push tugs, dredgers, passenger an
Japanese shipping company NYK has placed an order for its first two liquefied petroleum gas (LPG) dual-fueled very large gas carriers (VLGCs) at Kawasaki Heavy Industries Ltd. Both ships will be built at the KHI Sakaide Works shipyard and are set for delivery in 2022. Outline of Vessel Length overal
UK-based Windship Technology has unveiled its zero-emission ship design and announced an investment partnership with DNV GL, one of the world’s leading classification agencies. The vessel design features a patented triple-wing rig as well as a new diesel-electric ship drive system that eliminates CO
Swedish ferry company Stena Line plans to start operating two fossil-free battery powered vessels on the route between Gothenburg and Frederikshavn in Denmark no later than 2030.
Ballard Power Systems has signed a non-binding Memorandum of Understanding (MOU) with Global Energy Ventures, an Australia-based provider of integrated compressed shipping solutions for the transportation of energy, for the development of a new fuel cell-powered ship, called C-H2 Ship, designed to t
In November 2020, the IMO approved amendments to MARPOL Annex VI, introducing an Energy Efficiency Design Index for existing ships (EEXI). Subject to adoption at MEPC 76 in June 2021, the requirements will enter into force in 2023. The EEXI will be applicable for all vessels above 400 GT falling und
Finnish technology group Wärtsilä has been selected to supply a range of solutions for a new diesel-electric hybrid roll-on/roll-off passenger (RoPax) ferry ordered by the Isle of Man Steam Packet Company (IOMSPC).
Antwerp-based tanker shipping company Euronav NV has entered into a deal to acquire two eco-Suezmax newbuildings through a resale. Currently completing construction at the Daehan Shipyard in South Korea, the tankers are being acquired for an en-bloc price of $ 113 million. Both vessels are due for d
The Royal Niestern Sander shipyard has completed the installation of the new aft ship with LNG tank and equipment on the AG Ems’ passenger ferry Münsterland.
Eco Livorno, the third of twelve hybrid vessels of the Grimaldi Green 5th Generation (GG5G) class, has been delivered to the Grimaldi Group by the Chinese Jinling shipyard located in Nanjing. The Eco Livorno, which flies the Italian flag, has a length of 238 meters, a beam of 34 meters, a gross tonn
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has selected Corvus Energy to supply the energy storage system (ESS) for the world’s first zero-emission electric tanker.
WinGD’s 12X92DF engine has been awarded the Guinness World Records for the most powerful Otto-cycle engine ever built. In tests carried out at engine builder CSSC-MES Diesel Co (CSSC-CMD) and verified by Guinness World Records, for the official record title ‘Most powerful marine internal combustion
Technology company ABB has been selected to deliver an end-to-end electric power and propulsion solution for South Korea’s first domestic zero-emission ferry.
